In a landmark move, the UK government has banned Social media platforms to under-16s.
The Department for Science, Innovation and Technology said the Social media platforms will be blocked from offering services to children below this age group to protect kids with world-leading additional restrictions on harmful features online such as live streaming and strangers communicating with children.
The proposal, which the government claims to have the support of 9 in 10 parents in UK, is expected to be brought to Parliament before Christmas, with protections expected to come into force in Spring 2027.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.