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 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…
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 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:…
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…
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…
New specialist lender SME Funded launches with access to 130+ lenders and its own capital, targeting underserved construction and manufacturing SMEs across the UK. Read more: SME funded launches one-stop…
Australian construction tech firm ProcurePro raises $11m at an $80m+ valuation, led by QIC Ventures, to scale its AI-driven procurement platform across the UK, Middle East and North America. Read…
Vauxhall will fit Chinese-made electric motors and batteries from Leapmotor in its new C-SUV from 2028, as Stellantis bets on a Beijing alliance to undercut surging Chinese EV rivals. Read…
TG Jones, the rebranded former WH Smith high street chain, owes £15.8m to councils, suppliers and HMRC and could run out of cash by June, owner Modella warns. Read more:…