Graduate jobs under threat from AI, PwC boss says

Georgina Cox is demanding an apology from the clothing company Sweaty Betty and fair compensation for the influencers it collaborates with. The situation has arisen amid concerns over the treatment of influencers and the company's practices.

Growing concerns regarding the Federal Reserve's policies, the volatility in cryptocurrency markets, and the future of the artificial intelligence sector have contributed to a global sell-off in stocks. The recent downturn has particularly affected tech stocks and cryptocurrencies, leading to increased anxiety among investors.

All new cars must be electric or hybrid from 2030, but the government could introduce new taxes on these vehicles. This potential change raises concerns among electric vehicle (EV) owners regarding the financial implications of such levies.

Clifford Chance, a leading law firm, is cutting approximately 50 back-office roles in London, representing a 10% reduction in its business services staff. The firm cites the increased use of artificial intelligence as a key factor in this decision. Additionally, PwC has indicated that AI may lead to fewer hiring opportunities within their organization as well.

Government borrowing in October exceeded expectations by over £2 billion, according to the latest official figures. This increase raises concerns about the fiscal health of the government amid ongoing economic challenges.

Poundland, a budget retail chain in the UK, is facing significant challenges during the ongoing cost-of-living crisis. Despite the financial strain affecting many consumers, the company is struggling to maintain its market position, raising questions about its business model and future viability.

Farmer Ben Aveling has called for increased government support in the upcoming budget, specifically urging the government to scrap planned changes to inheritance tax and to lower interest rates. Aveling's concerns reflect the challenges faced by farmers in the current economic climate.

Emerging-market assets experienced a significant decline on Friday, marking their worst performance in seven months. This downturn concludes a tumultuous week characterized by ongoing concerns regarding a potential bubble in the artificial intelligence sector.