Financial news

• AI will take some jobs, but mass unemployment isn't inevitable | Erin Ling

  22-05-2023 18:45
  
  With the right government policies and lifelong learning, we can learn to work alongside AIThe staggering recent progress in artificial intelligence (AI) has left many fearing for their jobs. The ominous drumbeats grew louder earlier this month when Geoffrey Hinton, the godfather of AI, resigned from Google and expressed his concerns about the potential of the technology to upend the job market, just as IBM put the brakes on nearly 7,800 jobs that could be replaced by AI and automation over time
  
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• People in the UK aged 64 and over: share why you have started working again

  22-05-2023 12:48
  
  We’d like to hear from people in Britain aged 64 plus who have come out of retirement recently and taken up paid work We’re interested to hear from people in the UK aged 64 and over who have come out of retirement recently.Whether you have taken up paid work again because you were struggling financially, have returned to work because you wanted to, or are working again to support family members, we’d like to hear about it. Continue reading...
  
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• Postal desert island: Mull’s residents cut off from civilisation by Royal Mail

  22-05-2023 10:00
  
  Scottish islanders fear complete isolation as vital mail deliveries fail to arrive for days, sometimes weeksThe allure of the Isle of Mull is its sense of apartness. In summer, flocks of tourists make the 45-minute crossing from the mainland to sample life on the edge. From the point of view of its 3,000 residents, modern transport and communications have brought them closer to the rest of the country than ever. But now, thanks to Royal Mail, islanders fear they are being returned to isolation.F
  
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• RAC was supposed to get my broken-down car home. But it’s lost it

  22-05-2023 08:00
  
  It couldn’t repair it roadside and now it has effectively disappearedI am in a really bizarre situation. Having recovered my broken-down car, the RAC has effectively lost it and, 16 days on, has no idea where it is.In April, while in Devon, the clutch went on my Honda. Having been a member for about 20 years, I called the RAC. It said it could not be fixed at the roadside. I asked for the car to be taken to my home and was told it would take three days. That was the last time I saw it. Con
  
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• A broker told me I don’t earn enough for a London mortgage. Is that true?

  22-05-2023 08:00
  
  I have lived at the family home all my life, I earn £26,000 a year and have about £60,000 for a depositQ I’m almost 26 and have lived at home my whole life, just outside the M25. I am a tailor, I didn’t go to university – so have no student debt – and I have worked since I was 13 in various jobs.Both my sisters have moved out to study or live with partners, so I am feeling more and more like I need to leave and live my life on my own terms, and all the other t
  
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• Dating cons and dodgy apps among most common scams, says UK watchdog

  22-05-2023 07:00
  
  Which? magazine also lists fake missing person appeals among most widely used deceptionsDating cons known as “pig butchering”, fake missing person appeals and dodgy apps are among the most widely used and convincing scams in circulation this year, according to Britain’s leading consumer watchdog.Pig butchering – so-called by fraudsters because they “fatten up” the victim by forming a romantic connection before executing the investment part of the scam –
  
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• Almshouse residents may live up to two and a half years longer, study finds

  22-05-2023 07:00
  
  Co-author says UK’s oldest form of social housing could be part of solution to care crisis‘Affordable and stress free’: how almshouses are the unsung heroes of UK social housingPoor, older people living in almshouses enjoy longer lives than far wealthier people living elsewhere, a study has found.The secret to longer life has been intensely sought after for centuries. But research using data from almshouses going back 100 years has found that the solution devised in early medie
  
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• A lost generation are living with their parents – and Tory talk of housebuilding won’t help them | John Harris

  22-05-2023 07:00
  
  Young adults stranded in the family home have been abandoned by politicians who view them as an afterthoughtA huge social shift is happening that has barely been noticed, let alone understood. Earlier this month, the Office for National Statistics revealed data from the 2021 census about the number of adults in England and Wales living with their parents: 4.9 million of them, up nearly 15% on the figure for 2011. The fact that the stats were collected in the midst of the Covid crisis may suggest
  
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