Companies

Meta Hit With Record $567m Child Safety Fine

Published: 7 August 2026The English Chronicle DeskThe English Chronicle Online Meta has been hit with a record $567m fine in the largest child safety ruling ever imposed against the social media giant, following a landmark decision over concerns about how its platforms protect young users. The penalty marks a major escalation in global scrutiny of technology companies and their responsibility for safeguarding children online. Regulators said Meta failed to do...

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Burnham Faces Bank Tax Battle Over Profits

Published: 5 August 2026. The English Chronicle Desk. The English Chronicle Online A potential new battle between the UK government and the banking industry is emerging as campaigners urge Prime Minister Andy Burnham to introduce a windfall tax on bank profits after Britain’s biggest lenders reported record earnings. The debate has intensified following a bumper financial period for major UK banks, which have benefited from higher interest rates and market...

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