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FTSE 100 on Best Weekly Winning Streak Since January

FTSE 100 on Best Weekly Winning Streak Since January

Bloomberga day ago

The bittersweet week is closing out for UK markets. The FTSE 100 is getting closer to its record high, but London suffered a couple of blows in its ambitions to turn around a moribund IPO picture.
Here's what's been happening today:
The FTSE 100 is up for a sixth day in a row and is creeping closer to notching up a new record high. It's actually outdoing the Magnificent 7 big tech stocks by a fair margin.
Surging defence and gold mining stocks are helping the index, as it a shift in its composition. On the former, BAE Systems is now bigger than BP. And on the latter, Fresnillo is outpacing Rio Tinto by a distance.
The UK's lack of tech stocks, and the departure of Wise's primary listing, is likely to be a self-perpetuating cycle.
And Manchester United shares have surged the most since 2022 in New York as, despite a poor season for the men's team, the club raised its earnings guidance.

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New Study Reveals AI's Blind Spot: Children
New Study Reveals AI's Blind Spot: Children

Forbes

timean hour ago

  • Forbes

New Study Reveals AI's Blind Spot: Children

While regulators and educators scramble to make sense of generative AI's impact on adults, a quieter, more urgent reality is emerging. Children are already deep into using these tools, and the tools weren't built with them in mind. A new study released this week from The Alan Turing Institute, supported by the LEGO Group, finds that 22% of children aged 8-12 in the UK have already used tools like ChatGPT, Gemini, or Snapchat's My AI, with some using it several times a week. That alone would be surprising. But what's more telling is this: none of these tools were designed with children in mind. 'Children's experiences with this technology are significantly different from those of adults, so it is crucial that we listen to their perspectives to understand their particular needs and interests,' said Dr. Mhairi Aitken, Senior Ethics Fellow at The Alan Turing Institute. The research, combining survey data from over 1,700 children, parents, and teachers with in-depth school workshops, surfaces several surprising conclusions. One of the starkest findings? A growing access gap between children in private versus public schools. In private schools, over half of children reported using generative AI. In private schools, 52% of children had used generative AI, compared to just 18% in state schools. Children in private schools also used the tools more frequently and teachers in those schools were significantly more aware of student use. 'This has the capacity to widen the digital divide with impacts for the competence of state school students in a key future technology,' the report warns. Children with additional learning needs stand out in the data. They're not just using AI more often, they're using it in different, deeper ways. For those in the survey reporting that they have additional learning support, 53% said they used AI to express thoughts they couldn't easily communicate. 39% used it to seek personal advice versus 16% of their neurotypical peers. 30% used it to play with friends (vs. 19%), and 37% used it for companionship (vs. 22%). These are not just homework hacks. These are signs that AI is becoming an emotional and social tool for vulnerable children without corresponding safeguards or oversight. In creative workshops, children of color voiced a specific frustration: AI-generated images often didn't reflect their appearance, language, or interests. Some became discouraged. Others simply stopped using the tools. The issue isn't theoretical. It's personal. When a child asks AI to generate an image of 'a kid like me' and gets a white, American stereotype in return, that moment registers. 'Children of colour often felt frustrated or upset that generative AI tools did not produce images that represented them,' the study found. Representation, in this case, determines whether a child stays engaged or walks away, with many who found the output results not matching their interests going back to using other creative tools instead. In one of the more unexpected takeaways, children in the school workshops voiced concerns about the environmental footprint of generative AI, especially energy and water use. After learning about AI's energy demands and water usage, some children made a clear decision: they didn't want to use it anymore. According to the report, 'When asked how they would like generative AI to be developed and used in the future, many of the children's responses related to actions they felt need to be taken to address the environmental impacts of generative AI.' That's not a talking point from adults or activists. It's pre-teens and young adults connecting cloud computing to climate impact and adjusting their behavior in response. Mainstream concern around students using AI often focuses on cheating. But that's not what parents or teachers seem most worried about, according to the report. In the study and workshops, only 41% of parents listed cheating as a top concern, but 82% worried about exposure to inappropriate content and77% were concerned about misinformation. Teachers echoed those concerns. While many reported positive experiences using AI themselves, nearly half believed their students' engagement was declining. Others worried about reduced creativity in student work. In contrast, teachers were largely supportive of AI use among children with additional learning needs, reflecting what the kids themselves reported. The report doesn't just highlight risks, it also outlines clear, practical steps that AI technology platform developers and policymakers can take to reduce many of these risks. The study suggests that children should be part of AI tool development, especially for tools they're already using. To fix issues of representation, outputs need to reflect all children, not just a narrow slice. There remains a critical skills gap among educators and school administrators. The study suggests that AI literacy efforts should be enhanced to reach state schools and under-resourced classrooms. Furthermore these efforts should also find ways to explain the costs of AI use from an environmental perspective. This research lands at a critical moment. AI tools are evolving fast but kids aren't waiting for permission or policies. They're already experimenting, adapting, and sometimes even coming to depend on these tools for their interactions. The real danger isn't that children are using AI. It's that the tools weren't built for them, and we're not listening to what they need. They're the first generation to grow up with these systems. While Millennials were defined by the emergence of the Internet and Gen Z defined by the dominance of social media, this next Gen Alpha will see the rapid expansion of AI use in their daily lives, a movement perhaps even more fundamental than social media, mobile phones, and the Internet. What they see and experience in their lives will shape how they trust, use, and challenge AI for decades to come.

Households issued date for arrival of new £200 cost of living payments
Households issued date for arrival of new £200 cost of living payments

Yahoo

timean hour ago

  • Yahoo

Households issued date for arrival of new £200 cost of living payments

Households have been told when they can expect the arrival of new £200 cost of living payments. The payments are known as hardship grants and will be made available by Birmingham City Council. The local authority said applications are set to reopen later this month in June. READ MORE: Nationwide issues alert over £200 payments going out to customers Get breaking news on BirminghamLive WhatsApp, click the link to join That means households living in the city will be able to make an application to receive the funding. It comes as the latest round of the government's Household Support Fund (HSF) opened on April 1. The pot of cash, which is delivered via the Department for Work and Pensions (DWP), funds such schemes as the one by Birmingham City Council. The council previously had applications running for its hardship grants. But this closed in March, in line with the ending of the previous round of HSF funding. Birmingham City Council has three sets of criteria in order for households to be eligible for the payments. These are that applicants are a permanent resident, be able to demonstrate you're experiencing financial hardship and not have received a £200 payment in the past 12 months - see more here. Advising households on when applications will reopen, a spokesperson for the council scheme said: "Please be advised that enquiries will reopen in late June 2025. "If you are not currently on the waiting list, and it has now been 12 months since your household last received a grant payment, you will be able to submit a new enquiry once the scheme reopens in late June 2025."

New Online Casino UK - How Tea Spins is Revolutionising the UK Casino and Slots Scene
New Online Casino UK - How Tea Spins is Revolutionising the UK Casino and Slots Scene

Yahoo

time2 hours ago

  • Yahoo

New Online Casino UK - How Tea Spins is Revolutionising the UK Casino and Slots Scene

Join Tea Spins, the new UK online casino offering top games, fast payouts, and big bonuses. Play now and experience next-gen online gaming! tea-spins New York City, NY, June 07, 2025 (GLOBE NEWSWIRE) --Tea Spins represents the latest advancement in the UK online casino market, setting new standards with its revolutionary approach and strict adherence to UK licensing regulations. As one of the latest online casinos and a standout among new online casinos, this new casino brings innovative features that set it apart from other new online casino options. PLAY AT TEA SPINS – THE BEST NEW CASINO IN THE UK Tea Spins offers an exciting array of innovative gaming options, including a wide variety of casino games and online casino games, making it a top UK casino choice for both experienced players and newcomers alike. 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By continually refining our security and operational practices, we ensure that you can enjoy your gaming experience with peace of mind. Our unwavering commitment to meeting and exceeding regulatory standards guarantees that Tea Spins remains a reliable and reputable choice in the UK online gaming market. Frequently Asked Questions about New UK Online Casinos How do I join Tea Spins? Joining Tea Spins is easy. Simply visit the official website, click on the 'Sign Up' button, provide your personal details, and complete the verification process as per UK Gambling Commission regulations. What makes Tea Spins a standout choice among new UK casinos? Tea Spins stands out due to its exceptional selection of the latest slots and live dealer games, welcoming offers like free spins and cashbacks, fast payouts, and a seamless mobile gaming experience. What kind of promotional offers does Tea Spins provide? Tea Spins offers a variety of promotions including a first deposit bonus, weekly 10% cashback on losses, VIP loyalty rewards, and limited-time offers to enhance your gaming experience. What banking options are available at Tea Spins? You have access to multiple deposit methods tailored to suit UK players, secure transactions with full encryption, speedy withdrawals, transparent limits, and zero hidden fees. How does Tea Spins support its players? Tea Spins offers 24/7 live chat support, quick-response email assistance, and an extensive FAQ section along with a well-structured Help Centre for resolving common issues. Media Contact Project name: Tea Spins Company Website: Email: support@ Contact person name: Timothy Contact person email: timothy@ tea-spins CONTACT: Media Contact Project name: Tea Spins Company Website: Email: support@ Contact person name: Timothy Contact person email: timothy@

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