News

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

• Sir Jim Ratcliffe's Ineos to mothball three major chemical sites in Hull

  The wholesale price of natural gas has almost doubled in the UK and Europe since July.

• Unexpected UK borrowing surge adds to pre-Budget pressure on chancellor

  Borrowing was higher than expected in August as inflation piles pressure on the government ahead of the Budget.

• Vet prescription fees capped under rule changes

  Vets must also tell clients if cheaper medicine is available online as part of the rule updates which surgeries have the coming months to bring in.

• Canadian province sues OpenAI over Tumbler Ridge school shooting

  British Columbia has accused the company of failing to report the shooter's troubling interactions with ChatGPT to law enforcement.

• I'd rather pay thousands on a holiday: Meet the pensioners spending the kids' inheritance

  The phenomenon sees retirees spend all their money on enjoying life to the full.

• Spain battles climate change on several fronts

  A summer of wildfires and heatwaves underlines the threats to the country's economy.

• Paramount settles lawsuit with US states, clearing way for $110bn merger with Warner Bros

  The deal includes an agreement to produce 30 films a year, or Paramount will be forced to sell off parts of its company.

• Repeated air traffic control failures leave us in worrying territory

  The question is whether all of these incidents were isolated and unavoidable, or whether they point to something more systemic.

• Airlines criticise air traffic control as second glitch causes more disruption

  Prime Minister Andy Burnham said further issues "cause even greater concern" about the UK's air traffic control and the head of the organisation that runs it.

• Flights at major US airports delayed after cable cut by construction workers

  The cable had been repaired and airports are resuming normal operations, the US transportation secretary says.

• What are my rights if my flight is cancelled or delayed?

  Flights are affected again owing to air traffic control problems, so what are your rights if you're affected?

• UK should 'team up' with Canada in new Europe alliance, Canadian minister tells BBC

  It comes after European Commission President proposed "opening the door" for Canada to become an associate member of the EU.

• Tories pledge to bring back tax-free shopping for tourists

  The party says scrapping the scheme in 2021 left the UK less competitive than European destinations.

• US and China discuss AI safety plan ahead of Trump-Xi summit

  Top US and Chinese officials held talks in New York on Sunday ahead of a Trump-Xi summit this week.

• Will you get £13,000 a year when you stop working? Here's how to check

  How to find out how much state pension you're likely to receive - and what you can do about it now.

• Billionaire Man United owner loses moral high ground after tax exile, Labour chair says

  The billionaire businessman told the BBC he has lost confidence in the UK due to a combination of high taxes and high immigration.

• Ed Davey calls for immediate 10p cut to fuel duty

  Sir Ed blamed Donald Trump's war with Iran for damaging the UK economy and pushing fuel prices up.

• Not all AI workers think the tech could kill everyone

  In text exchanges and conversations, multiple people who have worked for leading companies are sceptical of the warnings.

• Chiltern Railways renationalised after 30 years

  It joins Great British Railways as part of government plans to save money and improve services.

• Lib Dems vow to end 'computer says no' economy to boost growth

  Deputy leader Daisy Cooper also proposes a Growth and Defence Partnership with the EU in a speech to her party conference.