Business News

An HSBC-backed technology company which was in talks to raise funding at a valuation of over £1bn four years ago is to break itself up amid mounting losses.
Tesla has recalled more than 3,700 of its Cybertruck models following complaints that the accelerator pedal is at risk of getting stuck, US regulators have announced.
People who are fit to work but do not accept job offers will have their benefits taken away after 12 months, the prime minister has pledged.
There was a worse than expected performance for retail sales last month, defying predictions of a consumer-led pick up from recession for the UK economy.
Rishi Sunak is to call for an end to the "sick note culture" in a major speech on welfare reform - as he warns against "over-medicalising the everyday challenges and worries of life".
A sub-postmaster victim of faulty IT software Horizon was described as a "bluffer" when he alerted senior Post Office officials about bugs in the system.
Meta's AI has told a Facebook user it has a disabled child that was part of a New York gifted and talented programme.
Hundreds of UK partners at EY, the big four accountancy firm, have been warned of a potential slide in profits this year amid a wider slowdown in the professional services sector.
The average cost of car insurance in the UK is now more than £900 according to one comparison website - that up 43% over the space of one year. Ian's joined by Steve Dukes, Chief Executive of Confused.com to discuss what it means for premiums and payouts.
Ministers are to kick off a search for the inaugural chair of the new football watchdog, even as it faces growing hints of opposition to its establishment from the Premier League.

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