Why universal basic income still can’t meet the challenges of an AI economy Andrew Yang’s revived pitch suits the automation debate, but UBI can’t fix inequalities concentrated tech wealth drives
Roomba maker iRobot bought by Chinese supplier after filing for bankruptcy US-listed company, whose profits have been in decline since the pandemic, will be taken over by Picea
UK house prices ‘could rise by up to 4% in 2026 as interest rates fall’ City watchdog the FCA announces plans to help first-time buyers and self-employed get on the property ladder
TalkTalk keeps cutting off my elderly parents’ phone The service was cut off and then there were threats of losing the number of 60 years
Young people bearing brunt of UK jobs downturn, thinktank warns Resolution Foundation report comes in week when data is expected to show October unemployment rise
Green sleeves? Laundry detergent being tweaked owing to gen Z’s love of matcha Japanese green tea named stain of the year as survey finds Aperol spritz and bubble tea are also leaving their mark
UK Treasury drawing up new rules to police cryptocurrency markets Rachel Reeves wants to protect consumers by bringing digital money and assets into the ‘regulatory perimeter’
Average mortgage for UK first-time buyer hits record high of £210,800 People able to buy homes previously beyond budget, aided by rising wages and looser affordability tests
Daily Mail owner secures funding for £500m takeover of Telegraph Details of financing structure to be reviewed by culture secretary and regulators before deal can proceed
Don’t use ‘boilerplate’ reasons to justify big executive pay rises, UK firms warned Investment Association, influential group of shareholders, urges pay committees to avoid ‘benchmarking’
Almost half of people using employment providers threatened with payment suspensions, new data shows Government not maintaining ‘effective oversight’, with majority of decisions being overturned, commonwealth ombudsman found
Festive food for less: Christmas dinner with all the cost trimmings From choosing frozen turkey to shopping supermarket specials, festive lunch need not break the household budget
How many more times will the Bank of England rescue Rachel Reeves? The City expects a cut in interest rates on Thursday but economic prospects for 2026 complicate the picture
‘A very hostile climate for workers’: US labor movement struggles under Trump National Labor Relations Board, the federal watchdog for workers’ rights, has been rendered toothless as employees grapple with corporations