News

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

• Surprise fall in inflation boosts interest rate cut hopes

  Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.

• Why a small drop in inflation matters to you

  The marginal dip in UK inflation is unusually important and offers some respite to the chancellor.

• 'Bereavement leave should apply to miscarriages'

  Paid leave should be extended to parents who lose a pregnancy before 24 weeks, a report by MPs says.

• Meta cuts 5% of jobs to lose 'lowest performers'

  The company will shed roughly 3,600 roles but plans to backfill the roles later in the year.

• US markets watchdog sues Musk over Twitter stake disclosure

  The complaint filed to a US federal court alleges Musk saved $150m at the expense of Twitter shareholders.

• Tulip Siddiq resigns as Treasury minister

  It comes after growing pressure over anti-corruption investigations in Bangladesh.

• Reeves vows action on growth amid rising debt costs

  The chancellor says she is "under no illusion" about the challenge facing UK public finances.

• Boeing output hit by strikes and safety problems

  The troubled manufacturer says deliveries fell by a third last year.

• Buy something or leave, Starbucks says

  The policy being rolled out in the firm's North American cafes comes as it tries to boost flagging sales.

• Google faces UK investigation over search dominance

  The tech giant accounts for 90% of web searches in the UK - the regulator will probe whether that harms consumers and rivals.

• TikTok says report of possible sale to Elon Musk 'pure fiction'

  The firm has repeatedly said it will not sell its US operation as it face a 19 January deadline.

• UK bans cattle, pigs and sheep imports from Germany after foot-and-mouth case

  The disease is contagious in livestock like cattle, but poses no risk to humans or food safety.

• Spain plans 100% tax for homes bought by non-EU residents

  The measure is meant to help tackle the country's housing crisis, the prime minister said.

• Over 2,000 new Post Office scandal compensation claims - minister

  Former sub-postmasters still waiting for payments have told the government to "get it done".

• Miners 'thrown to the wolves' over pensions

  Miners feel they have been "thrown on the scrapheap" as money from their pension scheme stays frozen.

• TikTok users flock to Chinese app RedNote as US ban looms

  A swarm of "TikTok refugees" has made RedNote the most downloaded app on Apple's US App Store.

• US tightens control on AI chips export drawing pushback

  The new rules are intended to make sure the "the world's AI runs on American rails", and stays out of the hands of "malicious actors", say officials.

• New-build owners claim roof leaks causing misery

  Housebuilder Bellway says it has worked hard to resolve issues reported by residents.

• Chancellor will remain for all of Parliament, Downing Street says

  Market jitters have raised questions over Rachel Reeves' management of the economy.

• PM plans to 'unleash AI' across UK to boost growth

  Leading tech firms are said to have committed £14bn towards the project, which could create more than 13,000 jobs.