💼Business News

EasyJet has reached an agreement in principle with US investment firm Castlelake over a potential takeover, following previous rejections of four takeover offers.

A £100 grocery shop in January 2020 would cost £138.60 today – a rise of 38.6%, based on latest Office for National Statistics figures.

HMRC has acknowledged overcharging around 1.4 million people, including retirees, due to a tax calculation error that occurred from 2010-11 onwards.

A medicinal cannabis producer which distributes products in the UK and two other countries has struck a multimillion-pound refinancing deal after deciding against an outright sale.

Design software giant Canva has announced a sweeping restructuring affecting more than a fifth of its global workforce, as slowing growth and mounting AI costs put pressure on the Australian tech company. The shake-up…

The London Indian Film Festival returns for its 17th edition in July 2026 with a star-studded programme led by Aamir Khan and featuring UK premieres and industry events across five cities.

A major housebuilder has called on Labour leader Andy Burnham to consider reducing or eliminating stamp duty for first-time buyers and simplifying regulations if he becomes Prime Minister.

At Vraic, Nathan Davies has created a restaurant worth flying to – and back from – in a single day, writes Carys Sharkey Flying anywhere for lunch is pretty decadent. Flying back the same day is borderline obscene. But…

Johnson & Johnson has agreed to pay $5.5 billion to settle approximately 76,000 lawsuits alleging its talc products caused ovarian cancer.

A new generation is embracing eye-catching patching and visible mends.

Cardo AI has been recognized in two Chartis Research reports, ranking 19th in the BuySideRisk 50 and 25th in the QuantTech 50, for its risk technology expertise in asset-backed finance.

Andrew Woosnam took millions from his recruitment firms before creditors, including HMRC, were left out of pocket Companies revived in ‘phoenix’ deals more likely to fail, study finds For three decades, the…

The UK's Financial Conduct Authority will introduce new rules from October 2024, requiring crypto firms to demonstrate their ability to withstand market shocks and hold sufficient capital.

Andy Burnham was not shy with his spending pledges in the run up to victory in Makerfield last week.  At various points, the former Manchester Mayor has pledged his party will nationalise water companies, including…

Firm has been developing full EV version of its top-selling model in Europe at its plant in Sunderland Business live – latest updates Nissan has reportedly stopped developing a fully electric version of its Qashqai,…

Streaming company faces ⁠tough competition for viewers and engagement ⁠from legacy rivals ​and YouTube Netflix is laying off 6% of its workforce, ⁠or roughly 1,000 employees, in its biggest cuts since 2022, according to…

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,…

A bipartisan bill aimed at shielding consumers from rising electricity prices due to datacenters failed to provide meaningful protection, as its measures are largely voluntary and can be ignored by state utility commissions.

Analysis has found a "stark" gap in the spending power of households in the north and south of England on average.

A string of failures has sapped confidence that robots will take over production at pizza restaurants.

The US Trump administration has introduced new rules that undermine longstanding research practices, potentially making scientists' work more difficult and discouraging them from continuing.

Brent crude prices remain near $90 per barrel due to concerns over Middle Eastern fuel supplies and ongoing tensions between the US and Iran, affecting travel firm Tui's profits.

E-bikes, noisy headphones, flytipping: Burnham is weighing in on areas that make a difference to how people feel about life Imagine waking up one morning to find a humiliating video of you, filmed without your knowledge…

The economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.

The National Crime Agency is investigating financial transactions flagged by bankers related to Reform UK, the party led by Nigel Farage, amid increased scrutiny of its funding and policies.

Oil prices rose over 2% after the US carried out a third night of strikes against Iran, while China's exports surged due to a boom in the artificial intelligence sector.

Trawlerman will compete in the Group One Goodwood Cup against Scandinavia, a rematch of their previous battle in the Gold Cup at Royal Ascot.

Rolling coverage of the latest economic and financial news Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The sell-off in chip stocks is deepening today,…

Ferrari's first electric car, the Luce, sold for a record $40 million at auction, despite initial backlash from some critics who felt it deviated from the brand's traditional styling.

Ice cream van prices have increased due to rising costs of milk, chocolate, diesel, and electricity, driven by the climate crisis and other economic shocks.