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HMRC confirms AI use in monitoring taxpayers’ social media accounts. The tax authority employs AI tools for analysing online posts in criminal tax fraud cases, raising concerns among MPs about potential errors due to automated systems.
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US tariffs on gold bars drive futures to record high. Gold futures surged as the US imposed steep tariffs on one-kilo gold imports, impacting Switzerland’s bullion trade. The tariffs are part of a broader trade policy affecting global markets.
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Insurance generates data at an extraordinary scale every day. But for all its analytical muscle, most insurers remain constrained by legacy systems and siloed data environments. Rory Yates, Global Head of Strategy at EIS, argues that industry growth requires reimagining how data is managed, shared, and operationalised.
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Bank of England cuts rates, but inflation remains a threat. The narrow vote and latest projections signal a longer period of above-target inflation, with the Bank’s policymakers split and business leaders now facing a more uncertain path to normalisation.
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China’s exports rose sharply in July, surprising many market watchers. Businesses accelerated shipments ahead of a new US tariff deadline, driving a sharp rise in exports and a 4.1% increase in imports. Southeast Asia absorbed more Chinese goods as trade shifted amid ongoing tensions between Washington and Beijing.
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ASAPP launches new controls to balance AI and human oversight. The GenerativeAgent update gives companies more ways to monitor, test, and guide AI.
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Tesla’s UK sales fell nearly 60% in July 2025. Registrations dropped to 987 units as BYD quadrupled its UK total, highlighting shifting dynamics in the electric vehicle market.
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HPE debuts AI-powered network security and backup at Black Hat. The integrated security and data protection portfolio features an AI-based SASE copilot and enterprise-scale backup. The new tools aim to deliver unified, zero-trust protection and automated recovery for complex IT environments.
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News Corp warns Trump his books are targets for AI ‘theft’. News Corp has publicly cautioned Donald Trump that artificial intelligence tools are cannibalising the content of his books — including The Art of the Deal — as the company intensifies its calls for stronger copyright protection in the age of generative AI.
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Pandora confirms cyber attack affecting customer data through a third-party. The jewellery retailer disclosed that names, birthdates, and email addresses were accessed, though no sensitive information like passwords or credit card details was compromised.
