News

We’ve teamed up with the BBC to bring you the very latest business and finance news as it happens.

• UK borrowing costs reach new high and pound falls as leadership drama continues

  Analysts say the moves have been fuelled by concerns a Burnham-led government would increase government borrowing.

• British Gas pays £20m over prepayment meter force-fitting scandal

  The regulator say the energy supplier breached licence conditions aimed at protecting customers in vulnerable situations.

• Claim, counter-claim and tech's seedy side exposed: Five things we learned in the Musk-Altman trial

  As the jury deliberates, this is what we found out during the weeks-long trial with two tech titans at its heart.

• AI could put people off tech jobs and hurt the economy, warns Raspberry Pi boss

  Eben Upton warns against claims that Artificial Intelligence will destroy vast numbers of computing roles over the coming years.

• US hotel owners expected a World Cup boom - so far it hasn't happened

  An industry body survey found hotels in World Cup host cities see the tournament as a "non-event".

• Inside the secretive and lucrative world of orchid breeding

  It can take a decade to bring a new orchid to market, so breeders keep their hi-tech processes secret.

• Trump brought top CEOs to Beijing but few big deals emerge

  There were plenty of choreographed ceremonies but no sweeping trade breakthroughs.

• India's Adanis agree to pay $18m to settle civil fraud case in the US

  The US securities regulator had accused the Adanis of paying bribes and misleading investors, which they denied.

• Why Modi wants Indians to buy less gold and take fewer foreign holidays

  Modi has urged Indians to save dollars as war and oil shocks strain the rupee and economy further this year.

• Faisal Islam: Six things we now know about the UK economy in charts

  The UK economy is showing resilience – it’s worth diving into the data in more detail to understand why.

• UK economy sees surprise growth in March despite Iran war

  The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts of a small contraction.

• Honda makes its first annual loss in 70 years

  The firm will now pivot away from scrapping its target for all of its vehicles to be electric by 2040.

• Warning higher Europe air fares 'inevitable' due to Iran war

  Flying by air will get more expensive as oil prices remain high, says international industry body boss.

• HMRC to use AI from British tech firm to spot fraud and tax return errors

  Quantexa, a financial data platform, won the £175m contract to spot fraud and tax return errors.

• Woman in bank row over depositing £900 HMRC cheque

  Annabel Yates says she faces a 94 mile round trip to bank a cheque because of changes at Lloyds.

• Trump's Fed chair pick Kevin Warsh confirmed by US Senate

  Kevin Warsh was confirmed by the narrowest margin since the role required a Senate confirmation vote.

• CIA chief visits Cuba as energy crisis worsens

  The reported visit to Havana came after the US renewed an offer of aid to ease the effects of its oil blockade.

• Australian giant Coles misled shoppers with fake discounts, court rules

  The decision, which comes amid similar case against Woolworths, could mean significant penalties.

• Tui sees summer sales fall 10% due to cautious UK customers

  The travel operator says customers are delaying booking holidays over Iran war concerns.

• WhatsApp launches totally private 'incognito' conversations with its AI chatbot

  A cyber security expert says deleting chat history could lead to a lack of accountability if things go wrong.