Financial

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Elon Musk merges x and xAI in $80bn deal to reshape AI and social media

Elon Musk merges x and xAI in $80bn deal to reshape AI...

Elon Musk merges xAI and social media platform X in an $80bn deal to integrate AI...

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Sales rise at Euan Blair’s Multiverse but annual losses widen to £60m

Sales rise at Euan Blair’s Multiverse but annual losses...

Multiverse reports 29% rise in sales to £58.4m, driven by AI training demand, but...

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HMRC considers overhaul of £8bn R&D tax credit scheme amid fraud concerns

HMRC considers overhaul of £8bn R&D tax credit scheme amid...

The UK government is reviewing its £8bn R&D tax credit scheme, proposing mandatory...

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Frasers blocks Boohoo name change to Debenhams amid deepening rivalry

Frasers blocks Boohoo name change to Debenhams amid deepening...

Frasers Group has blocked Boohoo’s plan to rename its holding company Debenhams,...

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Tech entrepreneur Tom Adeyoola to lead £1.1bn Innovate UK amid funding review

Tech entrepreneur Tom Adeyoola to lead £1.1bn Innovate...

Tom Adeyoola named preferred candidate to lead Innovate UK as the £1.1bn innovation...

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Retail sales fall sharply in March as weak confidence hits consumer spending

Retail sales fall sharply in March as weak confidence hits...

UK retail sales declined for the sixth consecutive month in March, with confidence...

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Ethnicity and disability pay gap reporting: What employers need to know

Ethnicity and disability pay gap reporting: What employers...

Gender pay gap reporting for large employers was introduced in 2017. The Government’s...

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Court of Appeal ruling empowers businesses to reclaim hidden energy broker fees

Court of Appeal ruling empowers businesses to reclaim hidden...

A landmark Court of Appeal decision strengthens businesses’ ability to recover hidden...

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UK inflation dips to 2.8% in February but pressure on interest rates remains

UK inflation dips to 2.8% in February but pressure on interest...

UK inflation eased to 2.8% in February, surprising economists. But with energy-driven...

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Fevertree sales fizz in US with 9% boost, offsetting UK slowdown

Fevertree sales fizz in US with 9% boost, offsetting UK...

Fevertree posts strong full-year results as US sales rise 9%, offsetting a dip in...

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Inheritance tax receipts surge to £7 billion in just ten months, says HMRC

Inheritance tax receipts surge to £7 billion in just ten...

HMRC inheritance tax receipts hit £7bn in just ten months, with record revenues...

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UK borrowing overshoots forecasts by £20bn as pressure mounts ahead of spring statement

UK borrowing overshoots forecasts by £20bn as pressure...

UK public borrowing has overshot forecasts by £20.4bn, reaching £132.2bn with one...

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Wetherspoon shares slide as soaring labour and energy costs hit profits

Wetherspoon shares slide as soaring labour and energy costs...

JD Wetherspoon shares drop 10% after first-half profits fall short of forecasts...

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BBC and rival broadcasters fined £4.2m for colluding on freelance pay

BBC and rival broadcasters fined £4.2m for colluding on...

The BBC, ITV, BT and IMG have been fined a combined £4.2 million after admitting...

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UK on track for nationwide full-fibre broadband rollout by 2027, says Ofcom

UK on track for nationwide full-fibre broadband rollout...

Ofcom says the UK is on track to deliver full-fibre broadband to 96% of premises...

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UK economy downgraded as OECD warns of trade war fallout

UK economy downgraded as OECD warns of trade war fallout

The UK’s economic growth forecast has been downgraded by the OECD amid rising global...

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