💼Business News

The US’s tech-focused Nasdaq 100 index was down by about 1.2% on Monday.

Workers face inflation squeeze fuelled by Iran war, as Bank of England prepares for interest rates decision Business live – latest updates Wage growth in the UK has slowed as workers come under pressure from a renewed…

The Government has found that the Pubs Code Adjudicator (PCA) is working following a review of the sector watchdog.

Nigerian billionaire Aliko Dangote says he wants ordinary people to share in the success of his oil refinery.

The retailer revealed that sales increased by 18% for the six months to July, compared with a year earlier.

Burnham has said those who take risks should be backed by government, but his government has been criticised for increasing business costs.

Nike is believed to be nearing a deal which will see the sportswear giant enter Formula 1 after more than two decades off the grid. The American apparel firm has held talks with the premier motor sport series about…

The financial watchdog has banned the former owner of London-based law firm Kingly Solicitors from working in financial services after finding he allowed £28m of client money to be misused. The Financial Conduct…

Luxury gym operator Third Space has grown its turnover by more than a third, topping £100m for the first time, as City workers flock to the upmarket health club.  The gym provider notched a 36 per cent bounce in revenue…

The manager of one of Britain’s best-known investment boutiques has bought nearly £150,000 worth of shares in his investment trust as part of a programme to boost its valuation and show faith in his approach after years…

Former Chelsea and Manchester United star Juan Mata has launched a bid to influence next year’s Fifa presidential election. Mata has helped to create Unleash Football, a platform for fans and players to share how they…

A University of Glasgow spinout which uses robots and AI to discover new medicines is targeting ‘hyperscaler’ status after landing a state funding package worth tens of millions of pounds.

The latest advances in frontier AI are an “OMG moment” and countries need to “arm themselves”, Andrew Bailey has said, as he highlighted the new threat of financial crime posed by the technology. Speaking at the annual…

An overnight levy on top of the removal of VAT-free shopping is making London too expensive for tourists, writes Ros Morgan.

The UK government has left the door open to tougher AI regulation after the companies building the world’s most powerful models called for slower development, fearing safety has fallen behind. City AM understands…

Move is a big boost for Channel 4, days after it announced it is to cut 340 jobs Business live – latest updates Channel 4 has poached Channel 5 owner Paramount’s £300m-plus TV advertising sales business from Sky, in a…

Once the preserve of the ultra-rich, supercars are finding new drivers through rentals, finance deals, influencer culture and the manosphere. But why would anyone want a 200mph vehicle? ‘The £600,000 Lamborghini; that…

Overall grocery inflation jumps to 2.3%, as Ocado and Lidl gain market share Business live – latest updates Parents and carers spent 12.5% less on school uniform in the run-up to the start of this academic year,…

New York has been crowned the world’s leading sport city while London continues to lag in fourth place in a new independent ranking published today. The Big Apple has benefited from increased visibility in 2026, driven…

Investec and Nationwide are among the firms set to bid for alternative lender Aldermore as its South African owner First Rand fields first round offers for the company, City AM can reveal. The two lenders are likely to…

Britain’s biggest banks are set to kick off a fundraising campaign that will pave the way for a domestic payments alternative to Mastercard and Visa. The UK Payments Delivery Company (PDC) is launching an equity capital…

Business secretary Jonathan Reynolds has emphasised the “tremendous upsides” to AI that should not be overlooked, as a growing number of tech engineers have warned of its threat to existence.  Reynolds told the BBC that…

New York-listed consultancy giant Accenture has agreed to pay the US government $25m (£18.5m) to settle allegations over its diversity practices. The Department of Justice (DOJ) alleged that Accenture violated federal…

The economic prize from AI won’t simply go to the countries that develop the most powerful technology. It will go to the countries where businesses have the confidence to use it, invest in it and build around it, says…

Safety requirements are non-negotiable. They depend on meeting concrete goals, not just adjusting a timeline It has been a week of high drama in AI, precipitated by the resignation of the AI safety researcher Jacob…

Labour should replace levy in 2027 rather than 2030 as energy bills are poised to surge over the winter, says lobby group The North Sea oil and gas industry has called on Labour to scrap the windfall tax on fossil fuel…

Frasers Group, the retail empire owned by Mike Ashley, is facing an investor revolt over a bonus handed to its finance chief for “doing his job”.  Two influential shareholder proxies have urged the firm’s investors to…

Wickes is benefiting from a slowdown in consumer spending as Brits switch to the value home improvement retailer and away from premium rivals, its boss has said.  The FTSE 250 group posted a 2.1 per cent jump in revenue…

Grocery price inflation has ticked up from 2024 lows amid fears rising energy prices and poor harvests will place further upwards pressure on the cost of living this winter.

A top listed construction firm has pulled out of the UK’s “challenging” housing sector after a slump in demand for new homes across the country. The FTSE 250 firm told shareholders on Tuesday that it is pulling all…