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BT on track for estimated £2bn windfall from selling old copper amid AI boom

Telecoms company to benefit from soaring prices for recycled metal recovered from full-fibre broadband rollout

Anthropic sued over alleged theft of ‘tens of thousands’ of songs

AI company faces multibillion dollar lawsuit over misuse of copyrighted songs to train Claude models

AI could cause global economic downturn, Bank of England governor tells G20

Andrew Bailey, in role as financial stability watchdog chief, warns advanced models risk destabilising system

Big business has shown small firms what to do – and what not to do – with AI

Small business owners have watched large companies fumble – and sometimes succeed – with AI, and then use what works

UK risks falling behind in AI race without faster telecoms upgrades, say executives

Planning delays and slow 5G upgrades could leave the UK unable to cope with a surge in AI-related traffic

Labour rejects Zack Polanski’s call to ‘slam brakes’ on building AI datacentres

Government says Green leader’s proposed moratorium on ‘energy-guzzling’ AI projects would be disaster for economy

AI-proof? Younger workers desert the digital world for traditional crafts

In a disrupted job market people are turning to heritage crafts such as bookbinding, metalwork and boatbuilding

UK expects Meta to match US child safety measures after $18bn settlement

Minister calls for Instagram owner to extend sweeping new safeguards for young users to Britain

UK’s small power plants face higher cyber risk into 2030s despite Iran-linked hack

Decision not to improve resilience sooner described as ‘unacceptable gamble with our national security’

Bill Gates calls for ‘human-reserved’ jobs in face of AI takeover

In 6,000-word essay Microsoft co-founder also expresses concern governments not prepared for technology’s impact

London rollout of robotaxis delayed amid lack of guidance for firms to follow

Transport secretary had said fully driverless taxis could start this spring but launch now looks unlikely this year

Meta goes on trial as Silicon Valley faces a growing backlash

Also: OpenAI CEO Sam Altman expressed his surprising sympathy over the construction of datacenters across the country

Gold price hits three-month high amid fears over Iran war and Trump economy

Bitcoin rises above $80,000 for the first time since May amid uncertainty over US fiscal plans

Is there a pending AI ‘debt bomb’ crisis? No. This isn’t Enron 2.0

Fears of a datacenter buildout debt crisis are exaggerated. The risks are different than in the past and they are recoverable

‘It brings me joy’: how young people are making CDs cool again

Compact discs are back, with searches for players up 96% at John Lewis and popular models sold out online

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  • CNN and MS Now journalists denied access to White House state dinner despite court ruling
  • UK food and drink trade deficit largest since 2000 at £21bn
  • France says EU’s ‘Made in Europe’ law should not include the UK
  • Launch of UK’s ‘largest AI supercomputer’ delayed by power supply problems
  • US mortgage rates top 7% for first time in 20 months
  • Vistry is the laggard in a housebuilding sector full of cracks
  • UK interest rate rise ‘increasingly likely’ with high energy prices; inflation fears hit bonds – as it happened
  • Reported assaults on Great Britain’s railways rise by fifth in a year
  • EU says Trump plan to ban US diesel exports would ‘negatively impact both sides’
  • Price hikes, ads and lower quality: has ‘streamflation’ ruined the TV experience?
  • ‘Eat the rich, save the planet’: climate protesters call out big tech’s disconnect from reality
  • ‘You can’t just bet everything on exports’: as its gas runs out, is Bolivia doomed to repeat history?
  • Oil price rise creates more pressure on UK policymakers before budget
  • Tell us: do you enjoy listening to music on CDs?
  • JoAnn Fabrics fans seek to stitch void left by private equity with crafts co-op
  • Flash sale: AO snaps up camera seller Jessops from Dragons’ Den star Peter Jones
  • From idealists to struggling sceptics: how Labour’s majority depends on five progressive voter types – in charts
  • Housebuilder Vistry slashes profit forecasts as losses balloon
  • UK ‘losing up to £6.5bn a year in EU trade’ without post-Brexit product deal
  • Alarm bells sound in Brussels as EU sales of Chinese hybrid cars rocket
  • Australians ‘scrambling’ for second jobs to deal with rising mortgage repayments and cost of living
  • Judge seems inclined to side with media outlets who were banned from White House in lawsuit
  • UK defence contractors to offer 40,000 apprenticeships, placements and jobs
  • Bentley launches first fully electric car – with fake engine sounds to replace classic growl
  • McDonald’s to take on KFC and rivals as Gen Z flock to fried chicken
  • Does Airtel Money mark the end of London’s listing drought? Not yet
  • Unhappy couples staying put due to cost of living crisis, say divorce lawyers
  • Single, couple or family: not all Australian middle-income earners are equal
  • UK economic outlook brighter as new government measures will boost growth, says OECD – as it happened
  • Burnham stands by claim UK is ‘in hock’ to bond markets

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