Business
The prisoner of Downing Street
The smell of death is descending on a directionless government
Business
Business
Companies reap $22bn from Trump’s immigration crackdown
Palantir and Deloitte among beneficiaries of spending by government agencies
Business
Norway’s $2tn fund stress tests hits from climate shocks to AI correction
Equity portfolio could lose a quarter in the event of extreme weather events and shed more than half from an AI correction
Business
Microsoft sheds $430bn in market value as AI spending spooks investors
Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs
Business
Santander to close 44 branches and put 291 jobs at risk
The high-street lender is the latest to announce a swathe of branch closures.
Business
Emergency loans offered to civil servants waiting on pensions
Cabinet Office Minister Nick Thomas-Symonds says the waits faced by retired civil servants are unacceptable.
Business
Planning bids for new homes rise in England but building remains low, data suggests
While planning applications have risen, home building has lowered, new data suggests.
Business
Boss of Post Office IT scandal firm Fujitsu to step down
Paul Patterson will become the chair of Fujitsu's UK business responsible for its inquiry response.
Business
Trump’s ‘beautiful armada’ underlines US threat to Iran
Build-up of American military power comes as US president weighs strikes
Business
Microsoft’s AI spending and disappointing cloud growth overshadow strong profits
Revenue rises 17% to a record $81bn, but 66% surge in capital expenditures revives debate about returns on vast AI costs
Business
Meta’s record sales boost shares 10% despite massive spending plans
Strong earnings appear to quiet demands from Wall Street to justify up to $135bn in capital expenditures
Business
Tesla trims car line-up in pivot to AI as annual revenue falls for first time
Elon Musk’s electric-car maker invests $2bn in the billionaire’s xAI
Business
US Fed holds interest rates and defends independence
Two Fed officials voted for a cut, including the former head of Donald Trump's Council of Economic Advisers.
Business
Facebook-owner Meta to nearly double AI spending
Mark Zuckerberg's spending plans hint at further layoffs and changes within Facebook, Instagram and WhatsApp.
Business
Tesla cuts car models in shift to robots and AI
Multi-billionaire Elon Musk's electric car maker also said its annual revenue had fallen for the first time.
Business
Driverless taxis set to launch in UK as soon as September
Waymo has laid out plans for a robotaxi service in London with a pilot scheme due to begin in April.
Business
Water bills to rise again: Use our tool to find out by how much
The average annual household bill in England and Wales will increase by £33 from April.
Business
The reality of a world after rupture
Europe has a key role to play in building a successor to the US-led global order
Business
The rise of the ‘National Health State’
As patients and residents struggle to access deteriorating public services in England, NHS trusts are stepping in
Business
Tether scores $5bn windfall as gold price rockets
Stablecoin group holds more bullion than many central banks and is one of biggest winners from blistering rally
Business
Gold climbs to record high after slide in dollar
Metal has gained more than 20 per cent this year amid geopolitical volatility and questions over US currency
Business
Investors bet on ‘hot’ US economy heading into midterm elections
Stocks rise with inflation expectations as fund managers anticipate more stimulus despite strong growth
Business
AI boom will produce victors and carnage, tech boss warns
Cisco chief executive Chuck Robbins compares AI to the dotcom bubble of the early 2000s.