Morgan Stanley says AI drove an 8% net job loss at UK firms in the past 12 months, even as productivity rose 11.5% and youth unemployment reached 15.9%.

Tesco has announced that it will be axing 380 jobs in stores across the UK as part of several proposed business changes.

Revolution Bars will close 21 UK venues, cutting 591 jobs after entering administration, as rising costs and changing habits hit nightlife brands across Britain.