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Brent crude drops and gas prices slide amid hopes Donald Trump will succeed in reaching deal with TehranOil and gas prices tumbled by almost 10% on Friday after Iran said the strait of Hormuz would op...
Autotrader says average EV cost is £785 cheaper, in an important milestone in the move away from fossil fuelsThe price of new battery electric cars has fallen below petrol cars in the UK for the first...
Adult video platform to sell minority stake to increase stability after death of its owner Leonid RadvinskyBusiness live – latest updatesOnlyFans, the UK adult video platform, is in talks to sell a mi...
Media tycoon vows to appeal after dismissal of action against Gambling Commission for awarding Allwyn the franchiseThe media tycoon Richard Desmond has vowed to appeal after a resounding defeat in his...
Release of new Claude model, so far limited to US firms, will expand to British institutions in coming daysBritish banks will be given access in the next week to a powerful AI tool that was deemed too...
Chancellor says she is ‘working through a range of options’ to boost the armed forces but does not want to put up taxesRachel Reeves has warned “difficult choices” are required to increase defence spe...
‘Sustained outperformance’ merits pay rise, says company after it ups profit guidance to £1.2bn for year to January 2027The Next chief executive, Simon Wolfson, took home more than £7m last year, his...
There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEABusiness live – latest updatesMiddle East crisis – live updatesEurope has only six weeks of...
Lisa Nandy says staff have been strongly affected as some express frustration that high-paid presenters and executives likely to be safeThe BBC’s sudden announcement of 2,000 job cuts has had a “very...
PM demands real world changes in Downing Street meeting with senior figures from Meta, TikTok, Google and XKeir Starmer has told social media bosses “things can’t go on like this” in a meeting about i...
Boss Ken Murphy plays down food inflation fears as supermarket’s annual profits rise by 8.5% to £2.4bnBusiness live – latest updatesTesco has warned that profits could fall back in the year ahead, cit...
Ministers drawing up contingency plans for ‘reasonable worst-case scenario’ if supply of CO2 is disruptedBusiness live – latest updatesThe UK could face some gaps on supermarket shelves this summer if...
Budget airline says passengers are leaving it later to book flights owing to economic uncertaintyBusiness live – latest updatesMiddle East crisis – live updatesThe budget airline easyJet has warned th...
ONS figure for February suggests Britain was gaining momentum before conflict dashed hopes of recoveryBusiness live – latest updatesUK GDP expanded by a stronger than expected 0.5% in February, offici...
More landlords having to cut prices to secure tenants, Rightmove data showsAverage private rents have stopped rising in Great Britain after almost a decade of increases, as more landlords cut their pr...
Company has received about £8.7bn in renewable energy subsidies since 2012, despite claims wood pellets are not sourced sustainablyThe owner of the Drax power plant in North Yorkshire received record...
Scheme cutting bills by up to 25% expanded to cover 10,000 firms, but they will not be paid until next yearRachel Reeves has announced an expansion of support for the most energy-intensive UK business...
UK chancellor steps up criticism, telling Washington event she is unconvinced conflict has made world a safer placeMiddle East crisis – live updatesRachel Reeves has stepped up her criticism of Donald...
Announcement comes before Matt Brittin replaces Tim Davie as director general next monthThe BBC is to cut as many as 2,000 jobs in the biggest downsizing of the public service broadcaster in 15 years....
Barratt Redrow blames effects of Iran war and expected impact on mortgages and costs for further reductionGovernment’s 1.5m housebuilding target is suffering subsidenceBritain’s largest housebuilder i...