In BIG PICTURE NEWS, Starmer faces more pressure, British companies get access to the EU loan for Ukraine and Tether reins it in. In TECH NEWS, the sector takes a hit, Google plans to double AI spending, we see how Anthropic made its breakthroughs and Elevenlabs gets an $11bn valuation. In CAR NEWS, Ford sees sales drop, Chery aims to launch a fourth brand in the UK and Leapmotor aims to become the next BYD. In MISCELLANEOUS NEWS, we see whether UK consumers are starting to bounce back, pubs and restaurants continue to suffer, Beazley finally agrees to Zurich's offer and Asda's nightmare gets worse. AND FINALLY, I bring you an invention that's surely destined to fail...
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