Guardian business news
Here are some recent business news articles from The Guardian:
Top Stories
- UK economy shrinks by 0.1% in first quarter of 2023: The UK's economy contracted by 0.1% in the first quarter of 2023, according to official figures, as the country grapples with the impact of the cost of living crisis and economic uncertainty. (Source: The Guardian)
- Amazon to cut 18,000 jobs in latest round of layoffs: Amazon is cutting 18,000 jobs, the company announced on Wednesday, as it continues to grapple with the economic downturn and shift its focus towards more profitable areas of its business. (Source: The Guardian)
- FTSE 100 falls to lowest level since 2020 as recession fears grow: The FTSE 100 index fell to its lowest level since 2020 on Wednesday, as investors grew increasingly concerned about the prospect of a recession in the UK and globally. (Source: The Guardian)
Business Analysis
- The UK's productivity puzzle: why are we so bad at getting things done?: The UK's productivity has been stuck in a rut for years, with the country lagging behind many of its peers. What's going wrong, and how can we fix it? (Source: The Guardian)
- The rise of the 'gig economy' is a myth: most workers are still employed full-time: The gig economy has been hailed as a revolution in the way we work, but new research suggests that most workers are still employed full-time, and the gig economy is not as big as we thought. (Source: The Guardian)
- Why the UK's small businesses are struggling to survive: Small businesses are the backbone of the UK economy, but many are struggling to survive in the face of rising costs, Brexit uncertainty, and changing consumer habits. (Source: The Guardian)
Technology and Innovation
- Elon Musk's Neuralink aims to merge human brains with AI: Elon Musk's Neuralink, a neurotechnology company, is working on a brain-machine interface that could potentially merge human brains with AI. (Source: The Guardian)
- Google's AI-powered chatbot is a game-changer for customer service: Google's new AI-powered chatbot, called LaMDA, is being hailed as a game-changer for customer service, with the potential to revolutionize the way companies interact with their customers. (Source: The Guardian)
- The future of work: how AI and automation will change the job market: As AI and automation continue to advance, what will the future of work look like? Will we see a rise in new jobs, or a decline in traditional employment? (Source: The Guardian)
Finance and Markets
- Sterling falls to lowest level against the dollar since 1985: The pound fell to its lowest level against the dollar since 1985 on Wednesday, as investors grew increasingly concerned about the prospect of a recession in the UK and globally. (Source: The Guardian)
- Oil prices surge as Opec cuts production: Oil prices surged on Wednesday after Opec, the cartel of oil-producing countries, cut production levels in an effort to support prices. (Source: The Guardian)
- UK inflation rate falls to 2.5% in March: The UK's inflation rate fell to 2.5% in March, according to official figures, as the cost of living crisis continues to ease. (Source: The Guardian)
I hope you find these articles interesting and informative!