Business News

Thames Water to decide on controversial £2m payouts to bosses
Directors of Thames Water will meet within days to decide whether to proceed with more than £2m of retention payments to senior executives amid fierce scrutiny from MPs.
Apple's AI chief steps down as company falls behind in tech race
Apple's head of artificial intelligence and machine learning has stepped down from the company. 
AI bubbles but a boost for banks: The Bank of England's take on risks
The Bank of England has warned of heightened risks to the UK's financial system but cut the amount of money that banks need to hold in reserve in case of shock.
Did chancellor mislead the public before the budget? It's a good question - but there's an even bigger one
Did the chancellor mislead the public, and her own cabinet, before the budget?
Zipcar set to close UK operations
Zipcar has announced proposals to shut its UK operations by the end of the year.
Blackstone cools on bid for self-storage group Big Yellow
One of the world's largest real estate investors is cooling on the prospect of a multibillion-pound takeover bid for Big Yellow Group, the London-listed operator of self-storage facilities.
Police are considering corporate manslaughter charges in Post Office scandal
Corporate manslaughter charges are now being considered by police investigating the Post Office Horizon scandal.
US and UK agree zero-tariffs on pharmaceuticals
The US has agreed to spare the UK from threatened trade tariffs on pharmaceutical products.
NatWest takes stake in small business finance start-up Bourn
NatWest Group, the high street banking giant, is taking a stake in a London-based fintech which helps provide smaller businesses with immediate access to flexible secured funding.
Starmer denies misleading public and cabinet ahead of budget
Sir Keir Starmer has denied he and the chancellor misled the public and the cabinet over the state of the UK's public finances ahead of the budget.

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