Business News

Chancellor John Healey will set out his plans for UK taxes on 28 October.

Engineer David Mummery has developed a tidal energy generator that he says can change lives for people living in coastal communities.

Zoey Darnbrough had no idea there was a distillery near her home - now she has a top tourism role there.

The sports industry's lucrative business model is under threat from widespread illegal streaming and "dodgy TV sticks." A crackdown on sports piracy is intensifying as content providers and broadcasters aim to protect their revenues. The BBC Business article by Theo Leggett details how these illicit methods undermine professional sports' financial foundations, prompting increased global enforcement efforts to combat the issue.

Healey stated a third runway at Heathrow Airport would drive economic growth. This comes as the Prime Minister has refused to publicly declare his stance on the proposed expansion. The debate over Heathrow's future continues to be a significant point of discussion regarding UK infrastructure, economic development, and environmental policy. The project's approval or rejection carries substantial long-term implications for

At the IMF meeting in Bangkok this week finance and business leaders grappled with uncertainty.

Tesla CEO Elon Musk showcased the vehicle at a facility owned by his SpaceX company, which helped develop the model.

Senior banking executives in the UK anticipate facing increased taxation in the upcoming chancellor's Budget later this month. They have informed the BBC that they expect to be targeted for higher levies. This suggests a potential shift in fiscal policy impacting the financial sector, with banks preparing for a greater contribution to public finances through new or adjusted tax measures.

BBC Verify analysis of data from a UK maritime agency shows 12 vessels were struck in a week.

Smells from rubbish dumps and industrial facilities are being more carefully monitored.

After Primark announced plans for home delivery, we hear from women who never go into clothes stores.

Apurv Patel is one of several people who say they were promised job opportunities that did not appear.

The culture secretary says the deal could affect free expression in the media and the variety of Britain's news landscape.

The economy grew by 0.1% in August, defying analysts' expectations of a slight contraction.

It comes as some investors have become concerned about the amount of money being spent on AI infrastructure.

Democrats and Republicans alike are coming out against data centre development, amid growing backlash across the US.

With the festive season on the horizon, we trace toys from factories in China to US shelves.

What are the National Minimum Wage and the National Living Wage, and how much are they worth?

The UK government is reviewing drop-off charges at airports following significant increases. This initiative aims to ensure travel remains accessible and passengers are treated fairly across the country. The review addresses concerns over rising costs impacting millions of travelers utilizing airport services for departures and arrivals, prompting a re-evaluation of current pricing structures.

Netflix is set to reduce its global workforce by 1,000 jobs, marking the steepest cuts since 2022. This reduction equates to approximately 6% of the streaming giant's total employees worldwide. The decision reflects ongoing business adjustments within the company. This significant personnel change impacts various departments across its international operations, signaling a notable shift in its operational strategy and resource

Abdulrahman Alfozan had worked for the AI giant for more than a year before he was arrested by the FBI.

The pace of price rises increased to 3.7% in the year to September, driving by higher motor fuel costs.

Learner drivers in September had to wait an average of 19.7 weeks, or around five months, for a practical test.

The Competition and Markets Authority has fined Wayfair, Appliances Direct, and Gold's Gym £6m in total.

Kashim Chowdhury is accused of fraudulently juggling multiple government jobs while working from home.

On three occasions in the past 24 hours, top IMF officials have praised UK plans to reduce its annual levels of borrowing.

Graduates are increasingly using AI to misrepresent themselves in job applications, research suggests. But some say their peer group has no choice.

AI dominates the translation business, but for high-stakes work, humans are still needed.

Social media "clippers" make short, vertical videos that appear on the likes of Instagram and TikTok.

The leadership team is attempting a buyout, but a union has warned the retailer could fall into administration instead.

The International Monetary Fund (IMF) has revised its UK economic growth forecast upwards for the current year. This update from the influential economics body suggests a more optimistic outlook for the United Kingdom's financial performance. However, the IMF also highlighted that significant economic risks persist, indicating potential challenges despite the improved projection. This change impacts global economic perspectives and UK

British Airways said the plane landed safely at Gatwick and passengers were due to resume their journey.

The prediction from the IMF comes as final preparations are being made for the first Budget under Prime Minister Andy Burnham.

TFG London has apologised to customers for disruption after it identified a "cybersecurity incident" on Sunday.

Meeting travellers' expectations could be challenging, experts warn.

Heating oil customers facing soaring bills are promised better regulation of the sector by the government.

Hundreds of stores were targeted by the overnight hack, which spoiled fresh and frozen food estimated to be worth millions of euros.

Kanishka Narayan said the government will use advanced AI to strengthen the UK against cyber attacks.

HMV says it is looking for a new site in London's West End, but its current site is "unviable".

People are increasingly struggling to meet credit card payment obligations. The BBC Business article highlights this trend, offering guidance on how to seek debt advice to mitigate financial penalties. This development reflects a growing concern regarding consumer debt management and the need for accessible support resources. The focus is on practical steps to avoid further financial strain amidst rising payment

The Institute for Fiscal Studies (IFS) reports the UK government, led by Healey, faces a substantial £35 billion Budget challenge. To fulfill its existing spending pledges, the government will require a significant "top-up" of billions of pounds. This assessment highlights a potential fiscal gap, indicating current financial plans may be insufficient to cover committed public expenditures without further adjustments or

Brad Smith calls for global rules on AI, and says the UK is in the "best position" to lead the charge.

Backdated paperwork also made the Russian oligarch’s yachts and mansions disappear from accounts, investigation finds.

One in 10 scams reported to Citizens Advice relate to fraudsters charging for work not done, or done badly.

Both Republican and Democratic lawmakers have criticised the deal, which was announced weeks before the US midterm elections.

French automaker Citroen is reintroducing its classic 2CV model as an electric vehicle. This strategic move aims to modernize the iconic design for the electric age. The decision comes as European carmakers face increasing competitive pressure from Chinese rivals in the global automotive market. This reinvention reflects broader industry shifts towards electrification and market adaptation.

It is the third time this week that Ukraine has targeted Russian tech giant Yandex, forcing the company to suspend its operations.

Former US President Trump announced a deal involving Russian diesel, a move sharply criticized by Ukrainian President Zelensky. Zelensky labeled the agreement an "investment in war," arguing it prolongs conflict rather than ending it. The BBC Business report highlights the direct opposition from Ukraine regarding this energy transaction. This development introduces a new dynamic in international energy politics and the

Boots, a prominent UK High Street retailer, has been acquired by a Canadian billionaire family. This ownership change marks a significant development for the long-standing company, potentially influencing its future operations and services across Britain. The transaction transfers control of the well-known pharmacy and beauty chain to new private hands, impacting its strategic direction and market presence.

US President Trump reportedly struck an unexpected deal with Russia to address rising fuel prices. This move aims to alleviate political pressure on his party ahead of next month's midterm elections. The BBC analysis suggests this highlights the administration's urgency to curb consumer costs and secure electoral advantage, impacting domestic economic stability and international energy dynamics significantly.