The implosion of Iran’s ‘no war, no peace’ strategy

Hubris and miscalculation blew apart Tehran’s decades-old deterrence doctrine as Israel’s appetite for risk grew
UK credit card borrowing costs at a 19-year high

Rise comes despite cut in base rates by Bank of England
Who are the companies hoarding bitcoin?

Corporate treasuries now hold more than 3% of the world’s biggest cryptocurrency, a stash worth $87bn
BBC threatens legal action against AI start-up Perplexity over content scraping

British broadcaster makes first move to clamp down on alleged infringement of copyright by tech groups
Points for pints: pubs roll out loyalty schemes to lure back drinkers

Greene King and other UK pub groups seek to combat declining alcohol consumption
Notes on the resistant reader

It’s not just tech’s algorithms that skew how we see the world