Russian economy on solid footing despite slowdown – deputy PM
The Russian economy has shown good fundamentals despite the first quarter contraction, Deputy Prime Minister Aleksandr Novak has said Read Full Article at RT.com
Gilts plunge to 28-year low as Starmer clings on, leaving SMEs braced for borrowing squeeze
UK 30-year gilt yields hit their highest level since 1998 as Sir Keir Starmer rebuffs resignation demands, sending sterling lower and threatening to push SME borrowing costs higher still. Read…
Netflix sued for spying on children
Texas Attorney General Ken Paxton has sued Netflix, alleging that it harvested and sold data from users and their children without consent Read Full Article at RT.com
Alan Roper: ‘wage and tax policy has stripped £12.6m out of our profits’
Blue Diamond MD Alan Roper on the £12.6m hit from minimum wage and NI rises, his plans to double Britain’s leading garden centre group, the restaurant boom and what he…
Starmer moves to nationalise British Steel as commercial rescue collapses
Sir Keir Starmer has confirmed legislation to nationalise British Steel after talks with Chinese owner Jingye collapsed, securing 2,700 jobs at Scunthorpe. Read more: Starmer moves to nationalise British Steel…
UK borrowing costs spike to 18-year high as Starmer leadership crisis spooks markets
UK gilt yields surge to highest since 2008 as political uncertainty over Sir Keir Starmer's leadership and Iran-fuelled inflation fears push borrowing costs to 5.13%. Read more: UK borrowing costs…
Ashley’s Frasers group dodges hefty damages bill in trademark appeal victory
Mike Ashley's Frasers Group has overturned damages in a long-running trademark battle with Beverly Hills Polo Club owner Lifestyle Equities, after the Court of Appeal ruled licensee claims were filed…
Used electric car sales accelerate to record quarter as motorists seek shelter from forecourt pain
Used pure-electric car sales surged 32% to a record 86,943 in Q1, the SMMT reports, as soaring petrol prices and wider model choice tempt British motorists to switch. Read more:…
OpenAI mints hundreds of overnight millionaires as staff cash out $6.6bn in share sale
Around 600 OpenAI staff have shared a $6.6bn (£4.8bn) payout in a secondary share sale, with average proceeds of $11m and the largest sellers banking $30m apiece, as the ChatGPT…
Eon swallows Ovo in £600m deal that crowns Germany’s biggest energy giant as Britain’s largest supplier
Germany's Eon has agreed to acquire Ovo's retail arm in a deal valued at up to £600m, creating the UK's largest energy supplier with 9.6 million customers and overtaking Octopus…