Latest Business News
Bioethanol layoffs to start next week after rescue ruled out
Plants in Hull and Redcar had warned they would close without support after deal to allow US ethanol to come in tariff-f...
Iceland offers £1 reward for reporting shoplifters
The company estimates that shoplifting costs its business around £20m each year.
Kingsmill owner to buy Hovis to make UK bread giant
Warburtons is the current market leader and the deal needs approval from the competition watchdog.
Shein's UK sales soar by a third to hit £2bn
The fast-fashion giant saw profits jump as more Britons bought its low-priced Chinese-made clothes and accessories.
Data centres to be expanded across UK as concerns mount
The number of data centres is set to jump by a fifth in the coming years, figures seen by the BBC suggest.
Will AI make language dubbing easy for film and TV?
New tech promises to dub film and TV into different languages without losing the quality of the performance.
Cost of weight-loss drug Mounjaro could rise significantly
The recommended UK price will rise by up to 170%, although the impact on consumers could be more limited.
UK's Turing AI Institute responds to staff anger about defence focus
Whistleblowers say the charity is at risk of collapse because it has been told by the government to focus on defence.
Gatwick strikes suspended after new pay offer
Unite says the second round of strikes, planned for later in August, could still go ahead.
Intel shares jump on report of possible US stake in firm
The reports emerged a day after a meeting between the Intel boss and Donald Trump.
Are latest UK growth figures good or bad news for the economy?
Depending on the timeframe you look at, the GDP figures can be seen as glass half full or half empty.
US wholesale prices jump in July as tariffs hit
US producers raised prices at the fastest pace in more than three years last month, stoking concerns about higher prices...
UK economic growth slows but beats forecasts
The economy expanded by 0.3% in the April-to-June period, ahead of economists' expectations.
British Gas-owner buys huge LNG terminal for £1.7bn
The takeover will give Centrica greater control of liquified natural gas supplies in the UK.
Claire's falls into administration with 2,150 jobs at risk
Claire's has appointed administrators in the UK and Ireland, but its shops will stay open as it considers a possible sal...
Average mortgage rates below 5% for first time since Truss budget
Average two-year mortgage rates have fallen to 4.99%, the lowest point since September 2022.
Porn site traffic plummets as UK age verification rules enforced
Data suggests leading adult site Pornhub lost more than one million visitors in two weeks.
Gatwick baggage screeners to strike on bank holiday
The airport is dismissing claims by Unite that the strikes will affect every outbound flight.
Under-22s should be given free bus passes to get to work, MPs say
A pilot scheme for free travel at any time of day would help them get to work and education, a report says.
Nuclear-powered AI could make Rolls-Royce UK's most valuable firm, says boss
Tufan Erginbilgic says business deals to supply nuclear power for artificial intelligence could boost its fortunes
Bezos-backed Perplexity AI makes surprise bid for Google Chrome
One technology investor called the $34.5bn offer a "stunt" that is much lower than Chrome's true value.
Inside Australia's billion-dollar bid to take on China's rare earth dominance
Recent moves by Beijing have got businesses worried - and Australia is looking to offer an alternative.
Economic woes dominate as Bolivia prepares to go to the polls
The South American country is dealing with very high inflation ahead of its latest general election.
How to get AI to work in 22 languages
India tackles the problem of making AI translate between its many languages and dialects
China's unemployed young adults who are pretending to have jobs
With Chinese youth unemployment high, individuals are paying to go into offices and pretend to work.
Why firms are merging HR and IT departments
The emergence of AI is spurring some firms to make their HR and IT departments work closer together.
How Europe is vying for rare earth independence from China
The EU is aiming to increase its own production of rare earth metals, led by a facility in France.
Will new greener brake pads be more expensive?
Automotive industry will have to change techniques and materials as new EU rules come into force in 2026
How South Korea's K-beauty industry is being hit by Trump tariffs
Buyers and sellers of South Korean beauty products are stocking up as the 15% US tariff rolls out.
US wholesale prices jump in July as tariffs hit
US producers raised prices at the fastest pace in more than three years last month, stoking concerns about higher prices...