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Business

Oil price rises above $117 a barrel amid fears US will renew strikes on Iran

Brent crude increase follows Tehran threatening retaliatory attacks on Gulf refineries and datacentres Oil has hit its highest level in more than six months as fears of fresh escalation in the Middle East conflict grip the energy markets. Brent crude, the inte

The Guardian2h ago
Business

The little-known investment Martin Lewis wants you to understand...

The little-known investment Martin Lewis wants you to understand

BBC News3h ago
Business

Civil servant who juggled five jobs says he was 'surprised' to be charged with fraud

Kashim Chowdhury denied being dishonest when not telling employers he had other jobs.

BBC News4h ago
Business

Telegraph cuts up to 100 jobs as new owner promises to turn paper into ‘AI-powered’ global business

Redundancies come after paper was bought in June by European media group Axel Springer The new owners of the Daily Telegraph have made large numbers of staff redundant, telling them the title will be transformed from a newspaper “into a global, AI-powered prem

The Guardian4h ago
Business

A farewell to BioWare, maker of some of the best games of the 21st century | Lucy James

The closure of the studio responsible for some of the best games of the 21st century leaves the world of RPGs feeling smaller without the hope of another instalment of the much-loved sci-fi series Earlier this week, EA announced the closure of BioWare, a game

The Guardian4h ago
Business

Experts cast doubt on Anthropic report detailing how AI has altered work at the company

Anthropic claims AI will shift how work gets done and labor demand – but some experts are skeptical of the vision Last year, the Anthropic CEO, Dario Amodei, warned that artificial intelligence could eliminate half of entry-level white-collar jobs and that in

The Guardian5h ago
Business

UK government to make unprecedented intervention in setting of water bills

Exclusive: Angela Eagle tells utility bosses next price review ‘must focus on value for money for customers’ UK politics live – latest updates Ministers will make an unprecedented intervention in water bills and how companies prioritise investment, directing b

The Guardian5h ago
Business

Hammersmith Bridge is a symbol of our dysfunctional times. The money is there, the joined-up thinking isn’t | Simon Jenkins

London’s roads are horrendous, with constant roadworks and creaking infrastructure. And the emblem of all that spans the River Thames London’s Hammersmith Bridge is a metaphor for all that is wrong with British government. Closed to motor traffic and inert for

The Guardian6h ago
Business

Potholes, bus fares and headphone dodgers: will Burnham’s strategy of ‘everyday fixes’ succeed?

New PM has prioritised small fixes to show voters Labour can make a real difference, and government insiders are delighted at the public’s reaction In the first episode of Armando Iannucci’s political satire The Thick of It, the hapless minister Hugh Abbot is

The Guardian6h ago
Business

What is PHP and why did it spark a global cyber-security scramble?

AI uncovered long-hidden programming flaws, triggering a rare global cyber-security response.

BBC News6h ago
Business

Island inflation rate rises to 3%, figures show

The rising cost of food and alcohol drives an increase in the inflation rate, figures show.

BBC News7h ago
Business

Earnings limit of up to £140K for first-time buyers loan scheme

The Your First Home scheme will offer government-backed loans for those buying new-builds in England.

BBC News7h ago
Business

The young Americans choosing Y2K cars over shiny new SUVs: ‘I get so much crap from people’

People under 35 are hunting for no-frills rides they can pay for in cash and fix themselves – defying expectations to take on steep loans Jack Price joined the marines in fall 2021 knowing he would need a car to get around base and that he couldn’t afford a ne

The Guardian7h ago
Business

Retail sales in Great Britain fall as struggling households cut back

Latest negative economic update comes as John Healey prepares to announce budget next week Business live – latest updates Retail sales in Great Britain fell more steeply than expected last month, the latest negative economic update before the chancellor, John

The Guardian8h ago
Business

Boom in weight-loss drugs could lead to fall in beer sales, Heineken warns UK pubs

World’s second largest brewer says use of drugs such as Wegovy can reduce desire to drink alcohol • Business live – latest updates Heineken has warned British bars and pubs that the boom in popularity of weight-loss drugs could lead to a fall in sales of beer

The Guardian8h ago
Business

‘Overnight, everything was dead’: the Teesside fisherman turned activist dubbed the Mr Bates of the seas

When thousands of dying crabs washed up on a Yorkshire beach in 2021, Stan Rennie’s livelihood was immediately threatened. Five years later, he’s leading the fight back against toxic ocean pollution – and corporate coverups It was an otherwise typical day on 2

The Guardian9h ago
Business

Is a job guarantee the solution to mass AI unemployment?

An old idea springs anew as a chorus of influential voices predicts that AI may trigger crises of vast magnitude In a preface to his book Capitalism and Freedom, the American economist Milton Friedman famously observed that a crisis can propel once-fringe idea

The Guardian9h ago
Business

What is the Budget and what could be in it?

Chancellor John Healey will set out his plans for UK taxes on 28 October.

BBC News11h ago
Business

The Indian workers filming their work to train AI

Indian workers are being paid to film themselves at work and the footage is used to train AI.

BBC News11h ago
Business

UK consumer confidence falls at fastest rate since Brexit vote as cost of living bites

Economic fallout from war in Middle East adds to pressures on consumers and on chancellor before budget Consumer confidence in the UK has fallen at the fastest rate outside the Covid pandemic since the 2016 Brexit vote as the escalating economic damage from th

The Guardian11h ago
Business

India slashes cost of cancer drugs after court rules mark-ups are ‘extortion’

Case filed in 2022 by patient unable to afford medicine leads to cap on drug prices for millions who face ruin if diagnosed The Indian government has moved to reduce the price of cancer drugs after a retired bank clerk took her case to the supreme court. From

The Guardian12h ago
Business

Lights will stay on this winter, grid operator says after concerns

The assurance from the National Energy System Operator comes amid concern from its engineers about their ability to ensure adequate supply.

BBC News12h ago
Business

‘We’ve lost a basic sense of politeness’: UK readers reveal daily reality of public transport

Regular users detail their frustrations – and question whether Andy Burnham’s crackdown on antisocial behaviour will actually work Andy Burnham has announced a campaign against nuisance behaviour on public transport, including “headphone dodgers” who play loud

The Guardian13h ago
Business

Five homes in England to get sport lovers’ hearts racing – in pictures

From recreation-rich pile in Devon to former coach house near Windermere, properties that energise Continue reading...

The Guardian13h ago
Business

Renting in London - 'I pay £2,000 for one bedroom'

We ask people in the capital how much they pay for their homes.

BBC News13h ago
Business

'I live in the dark': How rising bills are shaping daily life

Errol McGuiness says he has changed his daily routine to cope with higher household bills.

BBC News13h ago
Business

Some of Europe’s highest energy costs expected in Britain this winter

Official forecasts show country will meet energy demand by paying high prices to secure imports Great Britain is expected to pay some of the highest energy costs in Europe this winter as its reliance on imports to ensure a steady supply is forecast to deepen.

The Guardian14h ago
Business

Britain’s gas security needs reinforcement. Last-minute deals with Belgium are not a proper fix

The UK still imports 60% of its gas and, even with Jackdaw, its energy supply and resilience problems are not going away After the overdue approval of the Jackdaw field in the North Sea, here comes a reminder that Britain still imports almost 60% of its gas an

The Guardian14h ago
Business

Imagine if, for once, Labour decided to tell the truth about immigration | Gaby Hinsliff

Our economy needs it. The NHS needs it. And making foreign workers’ lives more miserable – as the home secretary plans to do – will undermine integration My mum’s carer was uncharacteristically late one morning. She didn’t want to say why at first, but it turn

The Guardian14h ago
Business

Youth mobility scheme may be delayed to ensure success of UK-EU summit

Visa quotas, university fees and NHS surcharges remain sticking points ahead of post-Brexit negotiations next month A deadline for a youth mobility scheme between the EU and the UK could be deferred by six months in a bid to ensure Andy Burnham has a successfu

The Guardian14h ago
Business

Trump, Musk, Zelenskyy: who is blaming whom in the Ukraine-Starlink row?

A war of words has erupted over who is responsible for the restrictions on Starshield access in Ukraine A war of words has erupted between the Trump administration, officials in Kyiv and Elon Musk over who is to blame for limiting Ukraine’s access to Space X’s

The Guardian17h ago
Business

'I'm 96 and have 15 million followers': The grannies taking over TikTok

Grandma Droniak, Nonna Gracie, Viv Truran and Barbara Costello have all found fame on social media in their later years.

BBC News20h ago
Business

L'Oreal says weight loss drugs are impacting beauty and skincare sales

The beauty giant's CEO says the use of GLP-1s is "a very important phenomenon for us".

BBC News20h ago
Business

Elon Musk reportedly invests $1bn in David Ellison’s Skydance

Musk’s investment into the new media empire comes after Paramount’s $111bn merger with Warner Bros Discovery Elon Musk has reportedly invested approximately $1bn in Skydance, the new media empire led by David Ellison. The deal comes alongside fresh equity infu

The Guardian21h ago
Business

UK to relax post-2008 rules that hold City bosses accountable for wrongdoing

Regulators say removing ‘unnecessary burdens’ will save businesses about £2bn over 10 years The UK is watering down rules introduced in the aftermath of the financial crisis that were designed to hold City bosses accountable for wrongdoing. The plans, put forw

The Guardian23h ago
Business

Zuckerberg wins Meta deal to help him foot bill for possible California billionaire tax

The Meta boss had said he would exit the state over a wealth tax that has not yet come into force.

BBC News1d ago
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