Business
Markets, finance, economy.
103 articles
Water supply failure leaves Gatwick without working toilets
Airport’s bars and restaurants also unable to serve drinks to passengers because of lack of running waterA water supply failure at Gatwick has left passengers without access to working toilets or bars and restaurants.Passengers posted online that they were unable to get hot…
Trump threatens EU with ‘substantial’ tariffs over fines of US tech giants
After Google fined €890m by EU, US president said Brussels was ‘robbing’ American companies and taxpayersWhat to know about Trump’s new tariffs on more than 80 countriesDonald Trump has threatened the European Union with additional and “substantial” tariffs after Brussels…
Segro board U-turns on £14bn takeover bid by US rival Prologis
UK warehouse landlord says board unanimous in recommendation to accept ‘best and final offer’ The board of the UK warehouse landlord Segro has U-turned and said it would be willing to accept a £14bn takeover by Segro’s bigger US rival, Prologis, in a deal that would be one of…
Oil price rises above $95 mark as Middle East conflict escalates
Global supply disrupted by US-Iran aggression in strait of Hormuz and Houthi threats in Bab el-MandebMiddle East crisis live – latest updatesBusiness live – latest updatesThe price of oil has breached the $95 a barrel mark for the first time in six weeks as the escalating Middle…
Are you a parent missing out on £27 a week? Here's how to check
Thousands of new parents fail to claim child benefit until it is too late to receive some of the money, HMRC says.
Andy Burnham considers radical shake-up to cut energy bills
Labour leader examining proposals to overhaul gas standing charges and make heat pumps cheaper to run than boilersAndy Burnham is considering radical plans that could cut household energy bills by £130 a year and make running a heat pump cheaper than a gas boiler.In his speech…
The mayor of SF has a message for AV companies: 'Prove it before you deploy it'
The SF mayor sent a letter to state regulators asking that AV companies stop "relying on live events to test unproven operational capabilities."
South East Water warns over survival as funds dry up
Supplier to 2.4m customers says it doesn’t have enough money to last beyond July 2027 South East Water has warned there is “material uncertainty” over its survival, after a disastrous year in which the lossmaking company paid millions of pounds in fines and its chief executive…
The oldest bar in every state
Some of the nation's oldest bars, taverns, and saloons date before the US even declared independence. See each state's oldest bar.
Celebrity influencers paid up to £1m to advertise deodorant on Instagram
The chief executive of Wild reveals what happens behind the scenes of social media posts.
Cash-strapped Thames Water poses big test for Burnham
Despite returning to profit after hiking bills 40%, the deeply troubled company is far from out of the woods.
Chamath Palihapitiya says CFOs could be in for a tokenmaxxing shock during company earnings
AI spending ballooned as companies pushed workers to use more tokens. Chamath Palihapitiya says CFOs may soon feel the hangover.
Flock is falling out of favor with police departments
LAPD will not renewed its agreement with Flock Safety, citing concerns over "civil liberty" and a lack of clarity over terms regarding privacy.
AI is rewriting the Big Tech org chart. See which roles are getting hit the most.
AI is reshaping Big Tech hiring. Engineers now make up a larger share of hires as design, product, and marketing roles shrink.
AI-enabled cheating is forcing some schools to go analog
University of Chicago Law School has announced a laptop ban to foster independent thinking amid AI's rise in legal education and practice.
Ryanair passenger almost sucked out of shattered window during flight
Serbian man reportedly saved by wife hanging on to his legs after window shattered on journey from GreeceA passenger on a Ryanair flight was reportedly almost sucked out of a window after it shattered in mid-air during a journey from Greece.The man was said to have been lifted…
Here are the tech leaders and ultrawealthy descending on rural Idaho as billionaire summer camp begins
Billionaires and tech leaders, including David Zaslav and Bob Iger, meet in Sun Valley for the annual Allen & Co conference.
Great Britain’s grid operator issues fresh warning over power supplies in heatwave
Neso asks for extra supplies from electricity generators to cope with added demand on Thursday nightGreat Britain’s energy system operator has warned that “extreme temperatures” could hit power supplies on Thursday night, as the UK entered its third heatwave of the year.The…
Revealed: Farage’s £5m gift reported to UK crime agency over money laundering concerns
Exclusive: Latest Guardian revelation about gift from cryptocurrency tycoon comes as Reform UK leader forces byelectionThe £5m gift to Nigel Farage by a cryptocurrency billionaire was reported to the National Crime Agency by bankers who were concerned it may have been laundered…
Mayfair casino facing legal action after former waiter says he did not get fair share of tips
Former worker at Metropolitan on Park Lane in London says he had to share tips with managers and other staffA Mayfair casino is facing legal action from a former waiter who says he was not given a fair share of tips.The former worker at the Metropolitan Mayfair – part of the…
OpenAI’s apparent failure to visit key site raises questions over UK investment
Exclusive: £20bn of ‘potential’ £30bn AI investment touted by UK ministers appears to have been hypotheticalIt was to be the biggest undertaking in Britain for OpenAI, the company behind ChatGPT. Stargate UK – a multibillion-pound UK datacentre project – would represent “a major…
US employers added just 57,000 new jobs in June, lower than expected
The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the monthSign up for the Breaking News US newsletter emailUS job growth slowed in June as employers added 57,000 new jobs – just about half of what economists had predicted – and the Bureau…
EU urged to exempt UK from car rules that could be worst Brexit impact yet
Bloc’s ‘made in Europe’ regulations risk shutting out British manufacturers in ‘most spectacular own goal in history’The EU’s car industry has called for the UK to be fully included in new “made in Europe” rules that threaten to shut out British manufacturers from their biggest…
Trump made more than $1bn from crypto in first year back in office
The president's crypto income far outpaces his earnings from real estate and Trump-themed items such as watches.
Seasoned cruisers say you should know these 8 things before setting foot on your first cruise
Seasoned cruisers told Business Insider how to make the most of your first cruise, like what to pack and when to book excursions and reservations.
I'm a travel consultant who's been all over the world. I'd recommend these 3 European spots for a dreamy summer trip.
I'm a travel consultant who loves visiting Europe. My top summer travel recommendations are Hvar, Comporta, and Gozo, an island near Malta.
Thunderstorms disrupt Gatwick and Heathrow as hundreds of flights delayed or cancelled
Passengers report being stuck on grounded planes in sweltering conditions as severe weather causes travel disruption across EuropeEurope heatwave: latest updatesThunderstorms have caused severe delays to hundreds of flights at Heathrow and Gatwick airports, leaving passengers…
The economic challenges facing the next prime minister
Though the person in charge of the country will change, the fiscal issues remain the same.
US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected
Investment company Castlelake made bid public for shareholders to evaluate but carrier describes offer as ‘cheap’Business live – latest updatesThe US investment firm trying to buy easyJet has gone public with its latest £4.7bn takeover proposal for the budget airline, its third…
Burnham ally to unveil ambitious plan to reverse decades of privatisation
Exclusive: Productive State policy paper envisages state regaining control of basics to make life affordable, in fleshing out of ManchesterismAndy Burnham’s government should reverse 40 years of privatisation with a long-term plan to take over failing utilities in…
JD Vance's new memoir sheds light on his marriage to Usha Vance. Here's a timeline of their relationship.
JD Vance dedicated his new memoir, "Communion," to his wife, Usha Vance. Here's what the book says about their relationship.
JLR at risk of battery supply delays after Somerset factory turmoil
Supplier Agratas sacks its main building contractor on the government-backed project amid a budget mismatchJaguar Land Rover faces the risk of delays to the first deliveries of electric car batteries from a £5.2bn government-backed factory in Somerset after construction…
Plans to end gazumping with binding agreements in house sales shake-up
Sales agreements will be legally binding sooner and making sellers provide more home information up front are part of the planned changes.
Brexit cost 6% of UK economy, Bank of England company data suggests
Analysis showed how much the UK could have grown if it had not exited the EU.
Bank of England governor warns UK public to expect higher costs this year
Andrew Bailey says ‘still inflationary pressure in pipeline’ despite US and Iran nearing peace deal as interest rates kept on holdBusiness live – latest updatesThe governor of the Bank of England has warned consumers to expect higher costs this year as a result of the conflict…
Driving test wait time target will not be met until autumn next year
The Transport Secretary was aiming to reduce the backlog to seven weeks by the autumn.
8 crew members are presumed dead after a B-52 bomber crashed at California's Edwards Air Force Base
Edwards Air Force Base said the B-52 went down during a routine test mission and believes the crash to be 'not survivable.'
How could the US-Iran deal affect oil prices and the cost of food?
Experts warn the impact of the war will continue to affect the global economy for months to come.
Ministers could give billions raised by business rates to England’s regions
Exclusive: devolving tax is part of plans to give local areas more power in areas including justice, health and educationMinisters are considering handing over billions of pounds raised by business rates to regional mayors as part of one of the biggest shake-ups of the English…
Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut
Musk is now worth $1.11tn according to the Bloomberg rich list, while SpaceX listed on the Nasdaq stock exchange with a value of $2.2tn.
Mamdani and James Dolan feud over Knicks Finals security as local businesses feel the squeeze
The cancellation of the Knicks' game watch party outside Madison Square Garden sparked a feud between NYC Mayor Mamdani and owner James Dolan.
US inflation jumped to 4.2% in May, the third consecutive increase since start of Iran war
Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy pricesUS inflation jumped to an annual rate of 4.2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high, as Americans…
Anthropic purposely made its new Mythos-based models bad at AI research, and developers are fuming
Anthropic faces backlash as Mythos-based models intentionally limit help for AI research, raising transparency and ethical concerns.
‘Immediate national priority’: ministers accused of complacency over UK food supply
Cold storage and logistics body warns food supplies at risk from fuel shortages, cyber attacks and extreme weatherMinisters have been accused of being complacent about the risks to vital supplies of food into the UK amid concerns over fuel shortages, cyber attacks and extreme…
We need to stop AI developing without humans, says Anthropic co-founder
Jack Clark tells BBC's Newsnight AI could get to the point where it develops without human input.
Who would win a game of 'Mafia' between Sam Altman, Palmer Luckey, Bryan Johnson, and other 'tech legends'? Now we know.
Sam Altman, Palmer Luckey, Bryan Johnson, and other Silicon Valley elites face off in a murder-mystery game on a new online show from Founders Fund.
US announces new tariffs over forced labour concerns
It comes after the US Supreme Court struck down many of US President Donald Trump's previous duties in February.
CBS News fires '60 Minutes' correspondent Scott Pelley after he called out Bari Weiss and the new boss
CBS News correspondent Scott Pelley is out at "60 Minutes" after over 30 years. He recently took aim at Bari Weiss and new top producer Nick Bilton.
Instagram AI chatbot tricked by hackers to give access to others' accounts
Some reports have linked the incident to recent cases of high-profile Instagram accounts being hijacked.
I'm a Ferrari collector. Here's why I love the Luce.
The backlash to Ferrari's new EV, the Luce, has been good for one collector, stirring fan passion and driving up the value of classic Ferraris.
Ferrari wanted to take on Chinese EVs with the Luce - then the backlash started
The brand's first EV has been heavily criticised, with some saying it has abandoned Ferrari's roots.
Bank of England’s Bailey says no rush to raise interest rates amid Iran war uncertainty
Inflation can be tolerated above 2% target for now ‘given context of softness in real economy’, governor saysThe Bank of England is in no rush to raise interest rates while the outcome of the Iran war remains uncertain and the UK’s growth rate stays weak, its governor, Andrew…
I ordered burgers at Culver's, Freddy's, and Sonic. The best was also the cheapest.
I ordered burgers from staple Midwest chains Culver's, Freddy's, and Sonic. After tasting and reviewing all three, one stood out as the best burger.
Don't use AI when emailing Paul Graham
Y Combinator cofounder Paul Graham wrote that founders were emailing him in a "hard-hitting journalistic style" — which he considers a clear AI tell.
Oil prices fall below $100 a barrel on hopes of Iran peace deal
Brent crude futures down 6% to lowest level in two weeks and stock markets riseOil prices fell below $100 a barrel on Monday and stock markets rose on hopes that the US and Iran are inching closer to a peace deal.Brent crude futures, the global oil benchmark, were down 6% to…
'Six eggs used to be £1' - why everyday essentials cost so much more now
Six supermarket brand eggs cost £1 in 2022. How much are they now, why have they gone up, and is anyone profiteering?
Extra EU border checks suspended at Dover as travellers face delays in heat
Wait times of more than two hours reported at terminal for cross-Channel ferry to FranceFrench police have temporarily suspended extra EU border checks at the port of Dover as thousands of holidaymakers face long delays in the hot weather.Waiting times of more than two hours…
What smart people are saying about the Trump administration's green card crackdown
Trump's immigration policy limits green card status adjustments, causing confusion and debate among lawyers, advocates, and policy experts.
SpaceX files for IPO that could make Elon Musk a trillionaire
Musk's rocket-maker and satellite internet provider will trade under the ticker SPCX
HS2 bill could rise to £102bn with first trains delayed until 2039, government admits
Transport secretary Heidi Alexander blames Conservative government for ‘obscene increase in times and costs’Business live – latest updatesThe HS2 high-speed railway will now cost up to £102.7bn and trains will not start running between London and Birmingham until as late as…
Europe's most outspoken airline CEO has a bumper bonus on the table
Ryanair CEO Michael O'Leary is in discussions for a new contract would give him share options possibly worth around $300 million.
UK firms halt investments and hiring as Iran war pushes up costs, bosses warn
Survey shows businesses ‘struggling to absorb latest economic shock’, while data says April vacancies down 7.7%The worsening fallout from the Iran war is forcing businesses to halt their UK investment and hiring plans, bosses have warned, as Britain enters a renewed period of…
Most parents manage their kids' social lives. I expect my 8-year-old to do it himself.
My son arranges his own playdates by phone, and watching him do it has changed how I think about independence.
Why Modi wants Indians to buy less gold and take fewer foreign holidays
Modi has urged Indians to save dollars as war and oil shocks strain the rupee and economy further this year.
UK economy sees surprise growth in March despite Iran war
The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts of a small contraction.
Higher Europe air fares 'inevitable', says industry head
Flying by air will get more expensive as oil prices remain high after the US and Israel's conflict with Iran.
Nissan ponders building cars for Chinese rivals at Sunderland plant
CEO admits talks with Chery as other European carmakers discuss plans with Chinese firms to share factory spaceBusiness live – latest updatesNissan’s chief executive has confirmed he would consider building cars for other manufacturers at the UK’s largest car factory in…
Investor jitters over Starmer uncertainty drive UK borrowing costs to 28-year high
Bond yields soar and pound falls against dollar as investors brace for potential Labour leadership changeLong-term UK borrowing costs soared to the highest level in almost three decades on Tuesday as fears about a change of Labour leadership triggered investor jitters and…
Cell phone data shows Trump's trade policies are hurting more than just Canadian tourism
Researchers at the University of Toronto found Canadian visits to US cities fell by nearly half in the year following the start of Trump's trade war.
British Steel nationalisation plans announced by Starmer
The steelworks has been under government control for almost a year, but leglistation to nationalise it will be put forward this week.
Oil prices jump after Trump dismisses Iran proposal to end war
The Strait of Hormuz waterway remains effectively shut, severely disrupting global energy shipments.
The UK is set for a staycation summer - and there are plenty of hidden gems
Seasoned staycationers share their favourite spots as Airbnb and Booking.com say interest in UK stays are up on last year.
US jet fuel could be used in Europe to ease possible shortages
An international air body suggests wider acceptance of US-grade jet fuel could help to head off any supply problems.
BREAKING
The Biggest Transformation in Banking History Has Begun | Future of Global Banking
The banking industry is entering its most revolutionary era ever. From digital banking infrastructure and global financial connectivity to AI-driven finance and cross-border trade solutions, the future of banking is transforming faster than most businesses realize. This article explores how modern financial innovation is changing global banking forever and why companies must adapt to remain competitive in the new financial world.
I bought a cheap minivan and lived out of it while getting my college degree — doing so helped me graduate debt-free
In college, I bought a cheap van and lived out of it while working and using campus resources to save money on housing costs and graduate debt-free.
'We had people come just to see it': Amazon delivers its first UK parcels by drone
The unmanned aircraft can drop off 100 parcels a day within a 12km radius of Amazon's hub.
People urged not to cancel flights over fuel shortage fears
Airlines have cut 13,000 flights globally in May as jet fuel prices soar due to the conflict in the Middle East.

