Pakistan strikes $3bn IMF bailout deal Pakistan has struck a deal with the International Monetary Fund (IMF) for $3bn of funding. The deal still needs…
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We will bring you the latest Business News from the UK and around the world. Including information pertinent to Small and Medium-sized Businesses (SME) and legal information concerning business and tax law.
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The UK and US are not the only countries that are worried about the Activision Blizzard acquisition, as Canada has made clear.
Leading online travel agency Booking.com has ventured into the world of AI with a new ChatGPT-powered trip planner.
Cineworld screens stay open despite administration Cineworld has said its screens will remain open despite the company planning to file for administration in the UK. …
Cryptocurrency $40bn collapse boss Do Kwon jailed for forging documents The cryptocurrency boss Do Kwon, responsible for the $40 billion (£31.3 billion) downfall of terraUSD…
A credit on your energy account might have been made.
UK economy grows in April but house market weakens Newly released official figures show the UK economy experienced marginal growth in April. The expansion was…
US moves to block Microsoft’s Activision takeover Regulators in the US have requested a judge blocks Microsoft from completing its $69bn purchase of Activision Blizzard…
George Soros gives empire to son Alex American billionaire philanthropist George Soros has announced that he has handed over the management of his $25 billion…
Windfall tax to be suspended if energy prices drop The government has said it will suspend the windfall tax on oil and gas companies if…
Less than a third of businesses are optimistic for the next year.
Experts say expensive food is set to overtake energy bills as the ‘epicentre’ of the cost of living crisis.
Bank of England admits ‘very big lessons to learn’ over failure to forecast rise in inflation FT says The governor of the Bank of England…
Netflix cracks down on password sharing in the UK and US Netflix has started its crackdown on password sharing in key markets, including the UK.…
It is back in single digits for the first time since last summer.
The IMF’s report credits ‘resilient demand in the context of declining energy prices’.
BT to cut 55,000 jobs with a fifth replaced with AI BT has announced plans to cut up to 55,000 jobs globally, including in the…
Inflation in European countries using the euro currency inches higher to 7% in April as the squeeze on households extends. Europe’s painful inflation inched higher…
Kids missing out as attractions get pricier according to charity Go Beyond Rising ticket prices for popular UK attractions are putting young people at risk…
India’s Go First cancels flights after bankruptcy Go First, the Indian budget airline, has suspended all flights for the next three days after filing for…
Employees pasted confidential code into ChatGPT to check for errors.
Sacked CBI boss Tony Danker says reputation ‘destroyed’ Tony Danker, the former boss of business group giant, the Confederation of British Industry (CBI), has claimed…
Strike action sees UK economy flatline in February The UK economy experienced no growth in February due to strikes by public sector workers, according to…
Richard Branson’s rocket firm Virgin Orbit files for bankruptcy Virgin Orbit, the satellite launch company founded by British billionaire Sir Richard Branson, has filed for…
Collapsed US Silicon Valley Bank bought by rival First Citizens BancShares has purchased the assets and loans of the collapsed US lender, Silicon Valley Bank…