British telecoms giant; Britain's leading fixed-line, broadband and mobile provider
Global markets are mixed as U.S. inflation signals and corporate results shape investor sentiment. Oil prices edge higher amid Iran talks, while technology names remain a volatile driver of indices.
Amazon’s UK tax contributions have risen by at least 20% to exceed £1 billion for 2025, driven by higher national insurance, corporation tax and business rates. The company employs about 75,000 in the UK and has announced about 16,000 global layoffs while planning a £40 billion UK investment through 2027, including drone delivery trials.
The National Audit Office says awareness of social tariffs among broadband and water customers is low, and regulators must align measures with consumer needs. Ofgem is raising debt relief efforts as energy prices rise, while water tariffs vary by region and face criticism as a “postcode lottery.”
A wave of studies and official reports show that hotter summers are driving higher electricity costs for households in the US and UK. Analysts warn that rising prices, delayed aid, and tariff changes will shape bills this summer, triggering cautious budgeting and potential policy responses.
Two teenagers have pleaded guilty to a 2024 cyber-attack on Transport for London that disrupted Oyster services and affected millions of customers. The defendants, linked to the Scattered Spider group, face sentencing in July after admitting conspiring to unauthorised acts against TfL’s systems and, in one case, additional charges relating to US healthcare firms.