Many workers in the UK may already be saving for retirement without realizing it through an automatic pension scheme. This system takes a part of their wages into a pension pot, with extra contributions from their employer, helping them have more money when they retire.
Key Facts
Workers aged 22 or over earning more than £10,000 a year are usually automatically enrolled in a pension scheme.
About 5% of a worker’s salary goes into their pension pot, separate from the state pension.
Employers add at least 3% more of the worker’s wages to the pension pot.
If workers don’t save into the pension, that money will be taxed and they will lose part of it.
Workers earning between £6,240 and £10,000 a year can join the pension scheme if they choose, and their employer must contribute.
People with multiple low-paying jobs under £10,000 each are not automatically included and should check their pension options.
Under-22s are not currently included in the automatic scheme, but the government is thinking about lowering the age to 18.
Women may benefit from starting pension savings early because they often take breaks from work for family care.
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Spain’s tourism industry is growing rapidly, reaching a record 97 million visitors in 2025 and aiming for 100 million in 2026. This growth is partly because tourists are avoiding Middle Eastern destinations due to conflicts there, making Spain a safer choice.
Key Facts
Spain is the world’s second most visited country after France.
In 2025, Spain welcomed 97 million tourists, a new record.
The tourism industry makes up about 13% of Spain’s economy.
Conflicts in the Middle East have made Spain more attractive to tourists who might otherwise visit places like Dubai, Turkey, or Cyprus.
Benidorm, a popular Spanish beach resort, sees its population increase fivefold during the summer tourist season.
Tourist numbers increased by 5.2% in April 2026 compared to April 2025.
Dubai International Airport saw a 66% drop in passengers in March 2026 due to regional conflicts.
Some Spanish cities, like Barcelona, have protests from locals concerned about too many tourists and the effects on their communities.
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Paul Edwards ordered a parenting magazine in 2007 that only arrived 19 years later, in 2026. Royal Mail apologized for the extremely late delivery and is currently under investigation for missing delivery targets.
Key Facts
Paul Edwards ordered Mother & Baby magazine in April 2007.
The magazine arrived in 2026, 19 years after the order.
His children are now adults attending university.
The magazine was delivered with an apology note from Royal Mail.
Royal Mail said the magazine was likely put back into the system by someone and not lost internally.
The UK postal regulator Ofcom is investigating Royal Mail for poor delivery performance.
Nearly 25% of first-class mail is arriving late, missing the one-day target.
Royal Mail has been fined £37 million since 2023 for missing delivery goals.
Royal Mail is investing £500 million over five years to improve service.
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Retailers are using dynamic pricing, which means they change prices in real time based on factors like demand, stock, and customer behavior. A CBS investigation found prices on websites like Old Navy, Target, and Amazon changed frequently, sometimes daily, making it tricky for shoppers to find the best deals.
Key Facts
Dynamic pricing adjusts prices based on supply, demand, and how customers shop.
Prices can change daily or even multiple times a day online.
Retailers may use data such as shopping habits, gender, time of day, and device type to set prices.
Old Navy showed price swings up to about 36% in a month on the same shopping cart.
Target prices varied by more than 20% over two weeks for six items.
Amazon’s price changes were smaller and the company says it does not use consumer behavior to set prices.
Online price changes are faster and more frequent than in physical stores, which update prices less often.
Consumers find it hard to know when they are getting a good deal because prices change so often.
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Scott Pelley, a former correspondent for "60 Minutes," said CBS News is struggling under its current leaders. He was interviewed after being fired for criticizing the new executive producer of "60 Minutes," Nick Bilton.
Key Facts
Scott Pelley used to work for "60 Minutes."
He was fired from CBS News recently.
Pelley criticized Nick Bilton, the new executive producer of "60 Minutes."
Pelley told The New York Times that CBS News is in trouble under current leadership.
He expressed hope that the parent company, Paramount, would improve the situation.
The comments came during an interview after his dismissal.
CBS News is part of Paramount Global.
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SpaceX is set to become the first major company focused on artificial intelligence (AI) to launch its initial public offering (IPO). At the same time, governments in the U.S. and Europe are working on different plans to manage and shape the AI industry’s future.
Key Facts
SpaceX will go public soon as the first big AI-era company with a major IPO.
The U.S. government is in discussions with OpenAI about taking an ownership stake.
The European Union, led by Brussels, has introduced a new policy called a "tech sovereignty package" to control its technology future.
Washington and Brussels have different approaches to handling AI development and regulation.
The global AI market is expected to reach value levels measured in trillions of dollars.
Other AI companies like Anthropic are also gaining high valuations and raising large funding rounds.
Tech leaders such as Elon Musk and Sam Altman are involved in key debates and court cases over AI control and direction.
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Marina Marchese is the first honey sommelier in the United States. She helps people understand the many subtle differences in honey and advises them on how to find pure, real honey.
Key Facts
Marina Marchese holds the title of America's first honey sommelier.
A honey sommelier is an expert trained to identify different types of honey.
She educates people about the unique qualities of various honeys.
Marchese warns consumers about fake or mixed honey products.
The interview was conducted by CBS News correspondent Serena Altschul.
The story is available to watch on the CBS News app and website.
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Tata Steel’s plan to build a new £1.25 billion electric steel-making furnace in Port Talbot may be delayed by six to eight months due to problems with electrical connections. The company is working with the National Grid and the UK government to resolve the issues and hopes to have the furnace running by the end of 2027.
Key Facts
The new furnace uses electric arc technology to replace old blast furnaces.
The project cost is £1.25 billion and is located in Port Talbot, Wales.
The traditional blast furnaces closed two years ago, causing 2,000 job losses.
Electrical infrastructure upgrades are needed to power the new furnace.
The National Grid, which supplies electricity, has reported delays in their connectivity project.
Tata Steel expects a delay of six to eight months or possibly longer after construction.
The company is working with government and electricity partners to try to reduce the delay.
Construction work includes building substations, transformers, and laying underground cables.
Delays are due to ground conditions, environmental rules, and planning permissions.
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Investors face four major challenges in the business side of AI, including high costs, weaker profits, slower infrastructure growth, and higher financing expenses. These issues have caused stock market declines, especially in tech companies, even though the technology itself still has strong potential.
Key Facts
AI technology is expensive, a point made by CEOs and Microsoft.
A new Bain study shows AI profits are lower than many companies expected.
Demand for AI infrastructure is growing but not as fast as some hoped, shown by Broadcom’s weak sales forecast.
Financing for AI infrastructure will likely cost more because interest rates may rise.
Stocks for AI-related chips and memory surged over 1,000% last year but are now being questioned.
Broadcom lost $444 billion in market value over two days after its forecast.
The Nasdaq had its worst day in 14 months, and the S&P 500 fell over 2% despite many stocks rising, a rare event last seen during the 2000 dot-com crash.
The SpaceX IPO, the largest ever, is expected soon and is gaining strong interest from investors.
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Marks and Spencer (M&S) is starting a new training program that will offer 1,000 young people in the UK and Ireland paid work experience over the next 18 months. The program is aimed at 16 to 24-year-olds who are not in a job, education, or training, to help them get skills and move into store management roles.
Key Facts
The M&S traineeship is for young people aged 16 to 24.
It will create 1,000 paid training places in the UK and Ireland within 18 months.
The program offers six months of training, followed by further training to become store managers.
This targets young people who are classified as 'Neets' (not in employment, education, or training).
Over one million young people in the UK are currently Neets, the highest in over 12 years.
The jobs market has fewer entry-level jobs, making it harder for young people to find work.
The UK government is working with businesses and unions to study how AI affects entry-level jobs and to help redesign roles.
The government also plans to give disadvantaged students AI and tech training to improve job opportunities.
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The 79th Annual Tony Awards will take place Sunday, with 24 Broadway shows competing for awards that can impact their success. Grammy winner Pink will host the event, which features many musical performances and will be broadcast live on CBS and streamed on Paramount+.
Key Facts
The Tony Awards recognize Broadway shows in 26 categories.
Winning a Tony can help a show stay open longer.
Pink, a Grammy-winning singer, is the host of the 2026 ceremony.
Pink’s opening number will include about 170 performers and many costume changes.
The event will include performances from the seven best new musicals and revivals.
Original cast members from “The Book of Mormon” will perform for its 15th anniversary.
Leslie Odom, Jr. will perform a song from “Rent” to honor its 30th anniversary.
The show “Chicago” will celebrate its 30th anniversary with a special performance featuring Pink and other stars.
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The boss of British Airways said high aviation taxes and expensive rail tickets in the UK are keeping many tourists away and slowing economic growth. He called for lower travel costs and better transport options to help the UK meet its goal of increasing international visitors.
Key Facts
British Airways CEO Sean Doyle said the UK has some of the highest aviation taxes worldwide.
In April, air passenger duty was raised by 15%, increasing costs on domestic, European, and long-haul flights.
The UK government aims to welcome 50 million international visitors by 2030, up from about 40 million now.
Doyle said travel costs and limited rail options make it harder for tourists to visit and explore the UK.
Tourism in the UK is mainly focused on London and Edinburgh, with less benefit to other regions.
High costs for families traveling into the UK are a big disadvantage compared to countries like France and Spain.
Doyle warned that expensive plans to build a third runway at Heathrow could reduce airline investment if costs get too high.
Airlines want the government to support a cheaper third runway option than the current £33 billion proposal.
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The hemp industry is trying to persuade Congress to delay or stop a ban on hemp-derived intoxicating products that would start in November. Some members of both political parties want to challenge this ban, which was supported by Senator Mitch McConnell and included in last fall’s government funding law.
Key Facts
A ban on hemp-based intoxicating products is set to begin in November.
The ban was supported by Senator Mitch McConnell (Republican from Kentucky).
This ban was part of government funding legislation passed last fall.
The hemp industry and its supporters are seeking help from Congress to prevent the ban.
There is interest from both Republicans and Democrats to oppose the ban.
The products affected are hemp-derived intoxicants, meaning hemp products that can cause intoxication.
Time is running out for the industry to convince lawmakers to act before the ban takes effect.
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Kismet Kebabs Ltd, a company in Essex that makes kebab meat for restaurants and takeaways, has been fined £500,000 for selling products labeled as lamb that contained mostly skin, fat, and other low-quality meat parts. The court found that the company intentionally misled customers, wholesalers, and retailers about the meat content over a long time.
Key Facts
Kismet Kebabs Ltd sold kebab meat mostly made of lamb skin, fat, and poor-quality meat instead of actual lamb.
The company was fined £500,000 and ordered to pay £259,298 in legal costs.
Swansea Crown Court judged the company had acted with "considerable dishonesty."
Lab tests showed the meat contents did not match labels; some products labeled as high lamb content had much less meat.
The firm knowingly bought goat, lamb fat, skin, and low-grade meat and sold them as lamb.
Trading standards authorities investigated after complaints from several councils.
In 2021, a factory visit revealed serious issues with production, packaging, and labeling.
The company pleaded guilty to one count related to these offenses.
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U.S. consumers are still spending money despite higher fuel prices caused by the Iran war. However, people are being more careful about what they buy and where, with some cutting back on things like clothing and furniture. Retailers report that lower-income shoppers are reducing spending, and experts expect more cutbacks when income tax refunds end.
Key Facts
Higher fuel prices from the Iran war have affected U.S. consumer behavior.
Shoppers are filling gas tanks less often and choosing cheaper fuel stops, like Costco.
Visits to stores selling clothes and furniture have decreased.
Income tax refunds have temporarily helped keep sales steady.
Lower-income customers are cutting back their spending more than others.
Inflation and previous tariffs already caused shoppers to be cautious before the war.
Price increases account for most of the rise in U.S. consumer spending, not more buying.
Wholesale clubs like Costco, Sam’s Club, and BJ’s have more fuel pump customers but fewer full tanks filled.
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Research by Shelter shows it would take 119 years to clear social housing waiting lists in England at the current building rate. Last year, only 12,198 new social homes were built for over 1.3 million households waiting, while homelessness is increasing.
Key Facts
More than 1.3 million households are waiting for social housing in England.
Only 12,198 new social homes were built last year by councils, housing groups, or private developers.
On average, 110 households wait for each new social home delivered.
At the current pace, it would take 119 years to clear waiting lists.
Social home building has dropped 64% in 15 years, while homeless households in temporary housing have risen by 155%.
In 20% of council areas, no social homes were built in the last two years.
Councils face a £29 billion housing debt making it hard to build new homes.
The government plans to build 300,000 new social and affordable homes, with 60% for social rent.
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The EU and UK car industries are asking the European Commission to delay tariffs on electric vehicle (EV) imports linked to Brexit rules. They say they will not meet the rules requiring more car and battery parts to be made in Europe by 2027 to avoid tariffs, mainly due to slow battery production growth in Europe.
Key Facts
The Brexit trade deal requires 55% of a car’s value, plus large parts of batteries, to be made in Europe by January 1, 2027, to avoid import tariffs.
Current rules require 70% of battery packs and 65% of battery cells to be made in Europe by that date.
The European Commission already delayed these rules once until the end of 2024.
Industry experts say only about 20% of batteries will be made in Europe by 2027, much less than the required amount.
Battery production in Europe is slow due to high costs, difficulties in raw material supply, and competition with China, which dominates key materials like lithium.
Opening a mine and building battery production in Europe is expensive, possibly costing around $750 million.
Industry leaders want the EU and UK to find a practical solution to avoid tariffs that could hurt EV sales and investment.
The European Commission is in talks with stakeholders but has not announced changes yet.
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Many young people in Kenya who cannot find regular jobs are turning to farming to make a living. They use technology and social media to improve their farming methods and to sell their products.
Key Facts
Young Kenyan graduates struggle to find full-time, well-paid jobs.
Many are moving into agriculture and using digital tools to help them succeed.
Farmer Chepkorir Rotich sells milk and vegetables and uses social media to share farming knowledge.
Rotich has nearly 50,000 followers on social media and runs a farming YouTube channel.
African farmers are said to be mostly older, but young people like Rotich show that farming can attract youth.
A learning center at Murang’a University trains youth to use technology and data in farming.
Technology offers new opportunities like creating online content about farming.
Geoffrey Kiprop, an IT graduate, earns more daily from farming than from contract IT jobs.
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Many students in the UK are creating custom-designed shirts to wear and keep on their last day of secondary school. These personalized shirts often include unique decorations and designs and are becoming popular as lasting memories of school life. Small businesses and independent creators are making and selling these shirts, benefiting from the growing demand.
Key Facts
Students design personalized leavers’ shirts with graphics, embroidery, and decorations like feathers and glitter.
The trend goes beyond traditional shirt signing and is popular on social media platforms like TikTok and Pinterest.
Joy Nzau, a 20-year-old artist from London, creates hand-painted shirts inspired by known brands and has millions of views online.
Custom shirt businesses, such as Niamh and Kavanna, sell decorated shirts costing up to £35 and have large social media followings.
The trend allows students to express their personalities and create permanent keepsakes of their school years.
Some students feel pressure to have a unique and good-looking shirt, but many enjoy the creative process as a break from studying.
The trend reflects a change from older traditions like signing hoodies, shoes, or yearbooks.
Online marketplaces like Etsy offer a wide selection of personalized leavers’ shirts for purchase.
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Cake sheds, small roadside or garden stalls selling home-baked goods through an honesty payment system, have become very popular in the UK. Some bakers earn up to £1,000 a week from these sheds, but new rules being considered by local councils could make it harder for these small businesses to continue.
Key Facts
Cake sheds are small cupboard-like stalls selling home-baked treats such as cookies, brownies, and cakes.
Customers pay using an honesty box, trusting bakers to receive payment without direct oversight.
Baker Danielle Edgington quit her job to work full-time in her cake shed in Birmingham, making between £500 and £1,000 a week.
The trend started during the Covid pandemic and has grown quickly, with some online communities gaining hundreds of new members weekly.
Many cake sheds are run by women who balance baking with childcare responsibilities.
Some local councils in England are reviewing rules on street trading and may introduce stricter licenses for cake sheds.
If tighter regulations are enforced, many bakers fear they may have to close their cake sheds.
Social media, like TikTok, helps bakers attract customers from neighboring towns.
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