Discussing how automation was likely to lead to thousands of job cuts at the bank at a recent conference, Bill Winters said it wasn’t about cost cutting but “replacing, in some cases, lower value, human capital, with the financial capital and the investment capital that we’re putting in”. BBC News

Why are unpaid debt court cases rising? BBC News

The government says shoppers across the UK could save as much as £150 million a year on food – but how much is that per household? BBC News

Morrisons says it is to shut “loss-making” convenience stores, placing hundreds of jobs at risk. It’s understood just over 100 Morrisons Daily sites will go under the plans. The company said they had been struggling for years. Its statement blamed “significant cost increases resulting from Government policy choices” for tipping …

The BBC’s Michelle Fleury reports from Wall Street on recent government filings showing that in the first three months of this year thousands of stock market trades were made on behalf of President Donald Trump. The trading includes shares in some of America’s biggest companies. A spokesperson for the Trump …

On Friday 22nd of May, finance expert Laura Pomfret joined Morning Live to talk about the rise of County Court Judgments (CCJs) across the UK, known as decrees in Scotland, which are issued to individuals who fail to repay money they owe. Laura explains why the number of CCJs has …

It said difficulties had been exacerbated by “significant cost increases resulting from government policy choices”. BBC News

A growing number of UK households are dipping into savings as rising costs linked to the US-Iran war pile pressure on family budgets, according to a closely-watched survey as official figures chart a collapse in fuel sales. GfK’s consumer confidence index suggested that caution, especially over major purchases, was taking …

The luxury handbags sold in a government auction in Ho Chi Minh. BBC News

Borrowing, the difference between spending and income from taxes, was £24.3bn last month. BBC News

It comes just a day after the firm revealed plans for a record-breaking stock market debut. BBC News

John Boumphrey says the education system “isn’t necessarily producing young people who are ready for work”. BBC News

Prediction markets hit a lot of key male interests. “[They] seem to sit at the intersection of several already male-dominated online cultures such as sports betting, crypto speculation, ‘finance bro’ culture, streamer and influencer fandoms, meme investing, and competitive online prediction communities,” Professor Elvira Bolat from Bournemouth University says. BBC …

Speaking to BBC Wales, ap Iorwerth said the chancellor’s package of measures were a “missed opportunity, because when we see the impact of high energy prices on hard-up families and on businesses too, and the steps that can be taken and should be taken by UK government on energy prices …

The airline has seen no problems with fuel, but says people are booking later because of uncertainty caused by the Iran war. BBC News

Elon Musk has revealed plans for a stock market flotation of SpaceX that looks set to raise a record sum and could make him the world’s first trillionaire. Source link

Teenage entrepreneurs at Huntington School change the way pupils shop for a prom dress. BBC News

The walkout, which was due to start on Thursday, has been suspended while union members vote on a tentative deal. BBC News

Campaigners in Barbuda, Grenada and Jamaica say they can no longer access their coastlines. BBC News

Campaigners in Barbuda, Grenada and Jamaica say they can no longer access their coastlines. BBC News