Middle East crisis pushes up oil prices – and could drive inflation rises too

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The Harvard Business Review recently documented what it calls “workslop”: AI-generated work that looks polished but requires someone downstream to fix. When that work is a memo, it is annoying. When it is a cryptographic library, it is catastrophic. As AI accelerates the pace of software production, the verification gap does not shrink. It widens. Engineers stop understanding what their systems do. AI outsources not just the writing but the thinking.

About 500,000 homeowners have a mortgage that "tracks" the Bank of England's rate, any cut sees a reduction in the monthly repayments on an outstanding loan.

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