Next continues to profit after M&S cyber-attack
Next is now expecting to report a pre-tax profit of just over £1.1bn at the end of January 2026....
The AI job cuts are here – or are they?
Amazon’s latest cuts fed into anxiety about AI replacing workers. But some are sceptical that recent layoffs are a telling sign of how AI is...
Reeves vows to ‘defy’ gloomy economic forecasts
The chancellor says investment is the answer to boosting the UK’s productivity performance....
OpenAI completes shift to becoming for-profit
The deal will see long term investor Microsoft retain a 27% stake in the ChatGPT-maker....
Productivity downgrade may add £20bn to Budget hole
The OBR is understood to have downgraded the UK’s productivity level in early Budget forecasts...
City trader sues UBS after rate-rigging conviction quashed
Tom Hayes launches a legal claim against UBS, claiming he was the bank’s “hand-picked scapegoat”....
Airline strands ex-BBC editor, citing Parkinson’s
Mark Mardell was left feeling ‘humiliated’ after he was told he could not board a flight....
Eastern Airways on brink of collapse with jobs at risk
Hundreds of jobs are at risk after the airline filed a notice of intention to appoint an administrator....
Chancellor signals more headroom is needed in Budget
Reeves said she wanted to ensure the UK had sufficient headroom to provide resilience against future shocks....
Offshore energy firm Petrofac files for administration
The energy services provider, which had been undergoing a financial restructuring, employs about 2,000 people in Scotland....
