News

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

• Government set to nationalise troubled steel firm

  Production at SSUK sites in South Yorkshire and the West Midlands was paused earlier this year.

• Petrol and diesel prices hit highest since 2022

  The cost of filling up a vehicle has rebounded, according to the RAC, as oil prices remain elevated.

• Rent rises set to speed up in gloomy forecast for tenants

  The cost of renting is expected to rise by 4% or 5% a year by December, says property website Zoopla.

• Heading off to uni? Here's what to insure against theft

  What should new students consider to keep your belongings safe and covered by insurance?

• 'Culture shift' needed in how UK does business, PM urges

  Burnham says those who take risks should be backed by government, but his government has been criticised for increasing business costs.

• MPs and Lords call for new law to address AI threat to human rights

  Existing laws are not equipped to address the risks to human rights being posed by artificial intelligence, UK politicians say.

• Carney gambles on the world's biggest investors betting on Canada

  In the midst of a trade war with the US, the prime minister leveraged his connections in global finance to invite some of the world's biggest investors to Canada.

• Amazon pauses work with cargo firm after fatal crash

  The 21 Air-operated jet overshot a runway at Miami International Airport and hit several vehicles.

• Trump downplays warnings of AI risks, citing rivalry with China

  The US president said "negative forces" were airing concerns about "things that won't happen".

• AI staff 'genuinely frightened' for humanity's future, ex-Anthropic researcher tells BBC

  It comes as the AI firm's boss has called for the technology's development to be slowed down, citing "serious" risks.

• Dramatic insider warnings over AI fall flat with some in Silicon Valley

  A recent spate of stark warnings about the dangers of AI has been met with scepticism by executives and investors.

• Trump says he will remove all Irish whiskey tariffs as he ends two-day visit

  Whiskey distilled in the Republic of Ireland faces the standard 15% tariff which applies to EU goods entering the US.

• Anthropic boss Dario Amodei calls for AI development to slow down

  The call comes amid growing concerns that AI models may become able to inflict serious damage worldwide.

• Iceland to open first store in the Falklands

  Boss Lord Richard Walker says it would be the the first UK high street brand to operate there.

• 'Skimpflation' warning as tinned mackerel alternative hits more supermarket shelves

  Consumer group Which? has called the sale of jack mackerel, a cheaper, less nutritious species of fish, an example of "skimpflation".

• US prices remain high as fuel costs squeeze household budgets

  Prices in the US rose 3.4% in the 12 months to August, according to the latest official report on inflation.

• Ryanair boss O'Leary defends 'high-fare rapists' airlines remarks

  O'Leary has said airline passengers "can't afford to fly with the high-fare rapists around Europe".

• AI boom helps drive surprise UK growth in July

  The economy expanded by 0.4%, official figures show, whereas analysts had predicted no growth.

• Alstom to build new battery-electric train fleet

  The government says the work will support thousands of jobs across the UK.

• Air traffic chaos and compensation: 'Shutdown cost us more than £1,000'

  Flight disruption has ruined holidays and left passengers sleeping on airport floors - so what are their rights?