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EU urged to exempt UK from car rules that could be worst Brexit impact yet
Bloc’s ‘made in Europe’ regulations risk shutting out British manufacturers in ‘most spectacular own goal in history’The EU’s car industry has called for the UK to be fully included in new “made in Europe” rules that threaten to shut out British manufacturers from their biggest e
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UK national lottery funding too concentrated in south, Nandy says
Culture secretary launches first review of how money is spent in more than two decadesFunding from the national lottery is too heavily concentrated in the south, the culture secretary has said, as she launched the first review in more than 20 years into how billons raised by tick
Bankers and unions set for clash over possible Burnham tax raid on UK banks
City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’Battle lines are being drawn between City bosses and trade unions over a possible tax raid on UK banks to help fund Andy Burnham’s package for struggling househ
OpenAI ‘in early talks to give 5% stake to US government’
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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Why is Nigel Farage being paid so much to promote a gold bullion company?
Reform UK leader was paid £270,000 for 12 hours’ work – but who is behind Direct Bullion and what does it do?Tell us: have you invested in gold through a specialist bullion company?Despite the demands of being the MP for Clacton and leader of Reform UK, Nigel Farage has found tim
Andy Burnham urged to be radical on economy to help Labour win next election
Exclusive: Poll shows policies such as rent control and higher wealth taxes could fend off Reform UK in key seatsAndy Burnham is being urged to adopt an “economic populist” approach to combating the cost of living crisis if he becomes prime minister, as a detailed opinion poll sh
UK cost of living squeeze eases after record fall in diesel prices, and drop in mortgage r
UK cost of living squeeze eases after record fall in diesel prices, and drop in mortgage r
Rolling coverage of the latest economic and financial newsJust in: Default rates on UK credit cards have risen, and the situation is expected to get worse.New data from the Bank of England has found that default rates for total unsecured lending, including credit card defaults, r
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Billionaire to invest £35bn in small modular nuclear reactors roll out across UK
Consortium led by Michał Sołowow planning enough SMRs to power equivalent of 8m homes for more than 60 yearsA consortium led by the billionaire industrialist Michał Sołowow has announced plans to build 14 small modular nuclear reactors on three sites across the UK, including the
Ryanair warns of summer ‘queue chaos’ at EU airports over fingerprint checks
Ryanair warns of summer ‘queue chaos’ at EU airports over fingerprint checks
European Commission invites air industry to urgent meeting to discuss concerns over new entry and exit systemBusiness live – latest updatesRyanair has warned of “queue chaos” this summer at EU airports because of new fingerprint checks, as the European Commission invited the air
Tesla sales surpass expectations for second quarter as Musk backlash seems to cool
Tesla sales surpass expectations for second quarter as Musk backlash seems to cool
Strong figures suggest Tesla’s auto business is regaining momentum after two straight annual sales declinesTesla blew past ​Wall Street estimates for second-quarter deliveries on Thursday, posting a record for the period as recovering demand in Europe outweighed persistent weakne
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Gymshark founder in talks to buy back part of stake sold to private equity firm
Ben Francis, who started business in parents’ garage, sold 21% stake in deal that created £1.25bn sportswear brandBusiness live – latest updatesThe founder of Gymshark is in talks to buy back a portion of the stake he sold to private equity in a deal that created a billion-pound
In a pickle: US pickle company pulls out of DC fair over Confederate flag
Mt Olive Pickle Company says it was unaware image of flag was included in exhibit, and cites value of ‘human dignity’A leading vendor of the US delicacy that is the pickle has withdrawn from the Great American State Fair in Washington DC after North Carolina’s booth displayed a v