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Ocado is set to reduce its workforce by approximately 1,000 employees as part of a cost-cutting and operational restructuring initiative. The company, known for its automated distribution center technology and…

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People smuggler jailed for transporting illegal migrants to UK

Feb 26, 2026 Michael Bunting

A prolific people smuggler who transported hundreds of illegal migrants to the UK has been jailed, as reported by the National Crime Agency (NCA). Ali Omar Karim, aged 47, who…

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Nvidia defies expectations, AI bubble remains intact

Feb 26, 2026 Michael Bunting

The world’s most valuable company has reported another series of expectation-defying results, lessening fears, for now, of an AI bubble bursting. Nvidia said its revenue reached another all-time high, hitting…

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UK weather: Temperatures set to drop after hottest day of year, but ‘explosion of colour’ on the way

Feb 26, 2026 Michael Bunting

The UK could be set for an «explosion of colour» as warmer conditions bring flowers rapidly into bloom over the next two weeks – but not before temperatures drop following…

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Paramount’s final offer increases pressure on Warner Bros Discovery

Feb 25, 2026 Michael Bunting

Paramount Skydance has offered even more money for Warner Bros Discovery (WBD), adding pressure on the media giant to accept a bid it has so far rejected. The entertainment conglomerate…

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When is Rachel Reeves’ spring statement and what will be in it?

Feb 25, 2026 Michael Bunting

Rachel Reeves has insisted her spring statement will be a quiet affair as she wants the autumn budget to be the sole major fiscal event of the year. The chancellor…

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Children’s pocket money sees significant increase in 2025

Feb 25, 2026 Michael Bunting

Children received a significant increase in pocket money last year, as indicated by recent data. Parents are now providing their children with an average of £10.73 per week, marking an…

Politics

Sir Keir Starmer suggests changes to student loans system

Feb 25, 2026 Michael Bunting

Sir Keir Starmer has stated that the government will explore ways to make the student loans system «fairer». He made this commitment while attributing the rising loan costs to the…

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However, despite this positive news for consumers, the threat of war still hangs over the outlook for energy prices. The ongoing conflict in Ukraine continues to have repercussions on global energy markets, leading to uncertainty and volatility.While the energy price cap is set to fall in April, it is important to remain vigilant and prepared for potential disruptions in the supply chain. The impact of geopolitical events on energy prices cannot be underestimated, and consumers may still face challenges in managing their energy bills in the months to come.As we mark the fourth anniversary of Russia’s invasion of Ukraine, it serves as a stark reminder of the interconnectedness of global events and their impact on our daily lives, including the cost of energy.Ultimately, while the energy price cap may offer some relief in the short term, it is essential to stay informed and proactive in navigating the uncertain energy landscape ahead. Energy prices are set to decrease in April, but the looming threat of war casts a shadow over the future outlook. Despite a significant drop in wholesale gas costs from the peak of £4,279 seen almost a year after Russia’s invasion, the volatility of these costs, coupled with other expenses, complicates the forecast for energy bills. While the chancellor’s decision to remove green levies and certain costs will reduce energy bills by £150 per year, these costs are now being shifted to general taxation. Additionally, the government’s push towards net zero, including investments in new nuclear power, continues to be a major factor in household energy costs. Families are also facing the financial burden of upgrading the UK’s grids and networks to accommodate the shift towards renewable energy, with Ofgem estimating an increase of approximately £108 in annual household energy bills by 2031. Despite these factors, the current trajectory suggests that the energy price cap is not likely to decrease further.

Feb 25, 2026 Michael Bunting

This week marks the fourth anniversary of Russia’s invasion of Ukraine. For four years, the people of Ukraine have endured war and ongoing suffering. The impact of this conflict has…

Politics

NHS Secures Alternative Bone Cement to Prevent Surgery Delays

Feb 25, 2026 Michael Bunting

The NHS has secured two alternative providers of medical cement to prevent delays to patients’ surgeries amid a shortage of stock by its main supplier. The NHS’s main provider of…

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