Italian luxury giant Prada buys Versace for $1.38bn
The deal unites two major Italian fashion houses and expands Prada’s line-up of brands as it seeks to compete with the LVMH group....
Reeves did not mislead on challenges facing UK ahead of Budget, says OBR official
Prof David Miles tells MPs the messaging given by the chancellor was “not inconsistent” with the situation she faced....
UK share values ‘most stretched’ since 2008, Bank warns
The bank warned US stock price valuations are their most stretched since the dotcom bubble burst....
US and UK agree zero tariffs deal on pharmaceuticals
The deal follows threats of tariffs as high as 100% on branded drug imports....
Faisal Islam: OBR head’s resignation leaves potential landmines for Reeves
Chancellor’s next mission to find a respected and credible economist to run the OBR will require careful balance...
OBR says Budget leak ‘worst failure’ in its history
The government’s official forecaster investigated how crucial documents were published ahead of the chancellor’s statement....
US and UK set to agree zero tariffs deal on pharmaceuticals
The expected deal follows threats of tariffs as high as 100% on branded drug imports....
Virgin Media fined £24m for leaving customers ‘at risk of harm’
Ofcom has fined Virgin Media after an investigation found it had left thousands of vulnerable telecare customers at risk....
Major waste firm warns vapes causing more than one fire a day
Six months after disposable vape ban, waste firm calls for stronger measures to control them being disposed of incorrectly....
Tories urge financial regulator to investigate Reeves and Treasury over Budget build-up
Shadow chancellor Mel Stride calls for the financial regulator to investigate “possible market abuse” over briefings in the run-up to the Budget....