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The latest national business headlines

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Here are some of the top business stories making the national headlines.

Google’s Bard AI bot mistake wipes $100bn off shares

Shares in parent company Alphabet sank more than 7% on Wednesday, knocking $100bn (£82bn) off the firm’s market value. Find out more via the BBC.

Disney to axe 7,000 jobs in bid to cut costs

Around 7,000 jobs are to go at Disney – about 3.6% of the workforce – as a multi-billion dollar cost saving restructuring was announced by chief executive Bob Iger in his battle to improve the company’s finances. Find out more via Sky News.

MPs to grill Bank of England over interest rates and inflation, as housing market weakens

MPs are to quiz the Bank of England this morning, after the UK central bank raised interest rates for the 10th time in a row last week. Find live updates in The Guardian.

Firefighters’ strikes postponed after increased pay offer

Strikes by firefighters have been postponed following an increased pay offer during lengthy talks with employers, it was announced on Thursday. Find out more via the Evening Standard.

Tom Hammersley

Digital Content Officer at Staffordshire Chambers of Commerce. BA hons journalism graduate.

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