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Crown estate makes more than £1bn profit for third year running

King Charles’s property management firm rakes in £1.2bn as it continues to benefit from offshore windfarm boomKing Charles’s tax bill: what did we learn and what is still in the dark?King and Queen will not live at Buckingham Palace after £369m refitKing Charles’s property manage

Admin Recifes 15/07/2026 2

Revolut pushes new recruits into office in shift from ‘remote-first’ policy

Hundreds of graduates and interns at finance firm will now have to work in office at least three days a weekBusiness live – latest updatesRevolut will haul hundreds of graduates and interns into the office next year, as the digital bank moves away from its “remote-first” policy t

Admin Recifes 15/07/2026 2

VW plans to cut up to 10,000 jobs and shut plants, report says

German firm reportedly considering doubling previously announced staff reductions amid Chinese competitionBusiness live – latest updatesGermany’s Volkswagen is to cut up to 100,000 jobs and reduce and eventually stop production at some plants, according to reports.The company has

Admin Recifes 15/07/2026 2

The AI bubble has further to run despite the looming crash

As tech firms make huge profits and investors fear losing out, both are doing their best to hold off the day of reckoningOpenAI staggers AI model release after White House requestEvery couple of decades, investors will ask themselves how long can the stock market keep climbing. I

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Leaks, lawyers and a whistleblower: how did KPMG’s failings emerge – and could more have b

A parliamentary inquiry heard claims from one former employee that partners pursued ‘revenue growth at all costs’Get our breaking news email, free app or daily news podcastKPMG partners leaked client information and mishandled the whistleblower who raised the alarm, an inquiry ha

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‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law

Up to 4,000 community banks fear looming legislation to regulate digital cash will deprive rural firms and farmers of $850bn-worth of loansOn a quiet summer morning, above a small mid-western town, an American flag is waving in the breeze. The camera cuts to a father helping his

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Good for business – or profit at any cost? The controversial side of private equity – a vi

While it can transform firms for better or worse, the use of private equity in essential services is attracting scrutiny. Here we examine some of its more contentious elements in the UK veterinary sectorPrivate equity could be the two most controversial words in business. For its

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Reversing UK employment tax rises ‘would do little to help young people find jobs’

Resolution Foundation calls for extra funding for apprenticeships and increase in number of youth support grantsBritish firms to get £3,000 for every long-term jobless youngster they hireMinisters should reject calls to reverse employment tax increases as a way to boost jobs for

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Crypto firms operating in UK to be subject to sweeping new rules

City regulator will require booming industry to prove its resilience to risk from October next yearCrypto firms operating in the UK will be forced to prove they can weather market shocks and hold capital against risky assets as part of sweeping new rules announced by the Financia

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UK housebuilders face class action suit over alleged collusion to inflate prices

Law firms seek up to £4.5bn on behalf of 700,000 buyers of new-build homesBusiness live – latest updatesBritain’s biggest housebuilders, including Barratt Redrow and Taylor Wimpey, face a multibillion-pound class action lawsuit over claims that they colluded over higher prices fo

Admin Recifes 15/07/2026 2

Up to 150 former WH Smith stores to close as high court approves restructure

Restructuring plan involves writing off debts to suppliers and cutting rent for many landlordsBusiness live – latest updatesUp to 150 former WH Smith high street stores are to close after the high court approved a swingeing restructure that could affect thousands of jobs.The reta

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OpenAI ‘in early talks to give 5% stake to US government’

CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report saysBusiness live – latest updatesOpenAI is reportedly in early stage talks to give a 5% stake in the ChatGPT developer to the US government as artificial intelligence com

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