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UK to ask social media firms for annual review

Bloomberg UK Prime Minister Theresa May will announce a series of steps intended to crack down on social media companies for not policing extremist and abusive content on their platforms. May has made attacks on social media for not doing enough to combat extremism a fixture of her speeches in the past two years and she is now getting more ...

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Robots may affect 30% of UK jobs, finance sector to take early hit

Bloomberg Financial services workers will be among the first to be hit by the rise of automation while women will feel the effects earlier than men, according to research by PricewaterhouseCoopers. The report—which analysed more than 200,000 jobs across 29 countries—anticipates three stages of automation between now and the mid-2030s, which will eventually impact almost one third of UK workers. ...

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Toyota forecasts record profit on Trump tax cut, RAV4 sales

Bloomberg Toyota Motor Corp. predicted a record profit this fiscal year helped in part by President Donald Trump’s tax cuts and surging sales of the updated Camry sedan and RAV4 sport-utility vehicle in the US. A reduction in expenses through cost cuts and a favorable foreign exchange environment is also helping the carmaker lift its annual net income forecast to ...

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