Business News

BBC Verify is examining the potential economic impact of Andy Burnham's proposed devolution plan across the UK. The analysis aims to assess whether increased regional autonomy, as advocated by Burnham, could lead to higher economic growth. This investigation seeks to provide data-driven insights into the expected effects of such policy changes on the national economy and regional development, focusing on

The decision, seen as a win for central bank independence, sends the fight over removal back to the lower courts.

Andy Burnham's speech introduced "Manchesterism," a concept for a different way of governing and operating the UK. It proposes a shift towards greater regional influence and a distinct economic model, moving away from traditional centralisation. While outlining a new vision for the country, the proposal currently lacks comprehensive economic details, prompting further questions regarding its practical implementation and long-term national

As the world's best players begin play at Wimbledon, how can you get into sport on a budget.

The company had said earlier this year it was planning savings to make it "more digital and AI-focused".

The car-maker found AI quality checks failed to match the skill of veteran technicians.

It comes as regional rivals like Taiwan, China and Japan are investing heavily in chip factories and other technology.

Christian Williams benefitted to the tune of £160,000 from offending - but had just £1 to pay back.

The US president says "Numerous European countries" have been discussing bringing in such a levy.

An airline is planning to introduce non-stop flights exceeding 20 hours, specifically targeting the London to Sydney route. This development represents a significant milestone in aviation, aiming to reduce overall travel time between distant global cities. The airline's strategy relies on passenger willingness to endure ultra-long-haul journeys. Analysts view this as a major advancement, potentially reshaping international travel patterns and

King Charles paid £12.9 million in tax for the 2024-2025 financial year. The BBC Business report highlights three unusual aspects of his unique tax situation. This payment reflects the monarch's financial contributions, distinct from typical UK taxpayers. The article aims to clarify the specifics of his fiscal arrangements, providing insight into royal finances.

When the conflict began on 28 February, fuel costs jumped as the war disrupted the production and transportation of energy across the Middle East.

The UK Prime Minister's resignation has triggered the search for the next Chancellor of the Exchequer, the individual responsible for the nation's finances. This development initiates a significant political process to determine who will manage the UK's economic policy and fiscal strategy. The role is crucial for the country's financial stability and future direction, impacting citizens and businesses across the

Start-ups are taking fresh approaches to geothermal energy, but will the economics work?

Trading on South Korea's Kospi index was halted for the third time this week to prevent panic selling.

Lithium battery fires are the number one safety risk to aircraft, yet the number of devices found in hold bags has nearly doubled in a year.

Owen Flowers and Thalha Jubair were convicted for their roles in the attack, which led to large costs for Transport for London.

Rising costs are forcing more young adults to live with their parents, here's how not to come to blows.

Apple said it had "never seen a component price increase this much, this quickly".

The chancellor throws her support behind the MP for Makerfield despite reports he could demote her if he becomes PM.

Global oil prices have declined, returning to levels seen before recent tensions involving Iran. This reduction is attributed to increasing signs that shipping traffic through the critical Strait of Hormuz is gradually resuming normal operations. The resumption of this key maritime route alleviates concerns about potential supply disruptions, directly impacting market sentiment and leading to the observed price decrease. This

The airline had typically charged adults a fee of £8 each way to sit with their young children.

Experts say support is available as total debt and arrears to suppliers hit a new record.

The airline is questioning the "deliverability" of the offer.

IBM says it has created the world's first known chip tech below 1 nanometre - but it will be some time before it's ready for production.

The government is reducing VAT from 20% to 5% on attractions and kids' meals as schools begin to break-up.

The recruitment agency boss shares his tips on getting noticed in a tougher jobs market.

A test case is seeking the minimum wage for 300,000 disabled people who currently get paid less.

Elon Musk's net worth declined significantly on Tuesday, resulting in the loss of his 'trillionaire status'. This change occurred amidst a global tech market downturn, which impacted his holdings, particularly in SpaceX. The market rout erased billions from his personal wealth, reflecting broader economic shifts affecting major technology companies and their founders' valuations. This event highlights the volatility of high-value

Baroness Mone and her husband, Doug Barrowman, are being sued by the government to recover millions of pounds. The legal action targets individuals associated with PPE Medpro, a company that received significant public funds for personal protective equipment during the pandemic. This development marks a significant step in the government's efforts to reclaim money owed from the controversial contracts.

The president's remarks come as global oil prices have fallen but remain higher than before the US-Israel war with Iran.

A preliminary report from the Independent Rail Accident Investigation Branch is published.

New figures show billions of pounds is owed to councils but the government has plans to reform the system.

The EU's much-delayed Entry/Exit System will change the way UK passengers travel to 29 countries.

Rachel Reeves would be offered a more junior cabinet role, the BBC understands.

A decade ago, many economists argued the UK would sustain longer-term economic damage by leaving the EU. So what did happen?

Though the person in charge of the country will change, the fiscal issues remain the same.

Meta has halted its program tracking employees' computer usage for AI training data, a practice initiated just two months prior. The decision comes amidst internal privacy concerns regarding the collection of sensitive worker activity. This reversal impacts Meta's internal data collection strategy for developing artificial intelligence models, reflecting a cautious approach to employee data privacy in tech development.

A High Court ruling backs Gatwick Airport's expansion after campaigners raise climate concerns.

A sudden wave of selling in major tech shares triggers doubt over the sustainability of the AI boom.

Apple rejected the suggestion its practices are anti-competitive, saying many customers rely on third-party alternatives.

The head of Europe's airports lobby states the EU's new Entry/Exit System (EES) is not working effectively. He expresses significant concerns about its implementation, fearing airports will struggle to cope with the system's demands, particularly during the upcoming summer travel period. This raises alarms about potential widespread disruptions and delays for non-EU travelers across European borders, impacting operational readiness and

The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI.

As temperatures increase significantly over the next few days, these are your rights.

The Competition and Markets Authority said StubHub must refund 50,000 customers and pay a fine.

Hydration tracking gadgets are flooding the market but is it too much information?

A Tesla driver in Texas claimed 'self-driving' technology was active when his vehicle crashed into a home, killing a woman. This incident has prompted a US federal investigation. The crash occurred Friday, raising questions about advanced driver-assistance systems. Federal authorities are examining the circumstances to determine the cause and implications for vehicle safety regulations, adding to ongoing scrutiny of Tesla's

As chairman of the Federal Reserve, Alan Greenspan became the world's most high-profile banker.

John Halsall has previously worked for Thames Water, South West Water and Network Rail.

EasyJet, the UK-based airline, has rejected a £4.7 billion takeover bid from US private equity firm Castlelake. EasyJet described the offer as "highly opportunistic" and an attempt to buy the company "on the cheap." This marks a significant development in the airline's corporate future, with the board deeming the proposal inadequate. The rejection signals EasyJet's belief in its higher intrinsic