Jul 15, 2026

Xbox workers stunned after jobs 'bloodbath'

The video game giant owned by Microsoft plans to let 3,200 workers go. Will it be a big reset or a system crash?

Jul 15, 2026

Cash-strapped Thames Water poses big test for Burnham

The UK's largest water company reported a post-tax profit for the 12 months to the end of March, but its net debt also swelled.

Jul 15, 2026

Thames Water warns over long-term future

British utility warns of ‘material uncertainty’ over its ability to secure enough liquidity

Jul 15, 2026

Thames Water warns over future as Burnham eyes state control

Britain’s next prime minister is set to make an announcement on sector

Jul 15, 2026

Buffett calls Bill Gates relationship with Epstein 'distasteful'

The billionaire investor's firm has stopped giving donations to the Microsoft co-founder's charity.

Jul 14, 2026

BP cuts net debt after Iran war drives oil price surge

Higher prices help cut borrowing as oil major tries to show financial discipline under new boss

Jul 14, 2026

South East Water must pay £30.5m for supply failures

Regulator Ofwat confirms this penalty follows three investigations into the water company.

Jul 13, 2026

Volkswagen planning to cut up to 100,000 jobs globally

The group, which includes Porsche and Audi, has faced a steep fall in profits and tough competition from China.

Jul 13, 2026

Shell sells Indian wind and solar business for $1.8bn

Aditya Birla Renewables takes on Shell’s renewable assets in India as energy major continues to refocus on oil and gas

Jul 11, 2026

Apple sues OpenAI, its employees claiming theft of trade secrets

Apple said in a Friday lawsuit that OpenAI’s nascent hardware business is “rotten to its core.”

Jul 10, 2026

HSBC seeks buyers for risky Hong Kong property loans

Debt sale an early sign of how UK bank intends to overhaul retail lender after taking it private this year

Jul 10, 2026

Apollo trumps Castlelake with £5.7bn deal to buy easyJet

Low-cost airline says offer ‘delivers a superior outcome for easyJet shareholders’

Jul 10, 2026

Man nearly sucked out of window mid-air on Ryanair plane, passengers say

Ryanair confirm a passenger was given medical treatment after an incident on a Malta Air flight, which is owned by Ryanair.

Jul 10, 2026

EU threatens Meta with fines over 'addictive' Facebook and Instagram

Regulators say features such as infinite scroll contribute to "compulsive use" and "unhealthy habits".

Jul 10, 2026

UK regulators to scrutinise top US cloud groups

Designating Microsoft, Google, Amazon and Oracle as ‘critical third parties’ will help improve resilience, says Treasury

Jul 10, 2026

Stockpickers: BTG Consulting, Jet2, Currys

Our experts discuss which companies to buy, sell or hold this week

Jul 10, 2026

‘It’s all about the number’: how Apollo gazumped Castlelake’s easyJet bid

Takeover battle for UK budget airline took a last-minute twist after US investment giant outbid rival

Jul 8, 2026

Hundreds of jobs at risk as John Lewis plans to cut some services

No final decision has been made but the job cuts will happen in the autumn if the redundancy plans are approved.

Jul 8, 2026

Airbnb data identifies illegal social home sublets

Nearly 6,000 social homes are thought to be illegally listed on short-term rental platforms.

Jul 8, 2026

Virgin Media fined after hanging up on customers trying to cancel contracts

Millions of phone calls from customers were "likely mishandled" over nearly a three-year period, the regulator says.

Jul 8, 2026

Virgin Media fined £28mn for preventing customers from cancelling contracts

Ofcom uncovers tactics such as excessive call transfers to prevent customers from cancelling contracts

Jul 8, 2026

Severn Trent avoids fine for wastewater failures

The water firm took "genuine accountability" after breaching wastewater obligations, Ofwat says.

Jul 8, 2026

Tesco explores sale of European business

Disposal would refocus UK’s biggest grocer on home market and end decades-long attempt to build major global operation

Jul 8, 2026

Online marketplaces still selling dozens of unsafe baby products, Which? finds

Pillows, sleeping bags and feeders subject to safety notices were found on sites including Amazon and TikTok.

Jul 7, 2026

Amazon bars breastfeeding boss from business course

Rachel Bews says she told on the way her child would not be allowed on site. Amazon has apologised for not communicating its policy clearly.

Jul 7, 2026

Samsung profits jump 1,800% as AI chip sales soar

It comes as demand for semiconductors continues to outstrip supplies, which has pushed up prices.

Jul 7, 2026

HSBC pulls back from riskier private credit lending

Europe’s biggest bank told some clients in recent weeks that it would not renew facilities

Jul 7, 2026

Thames Water creditors willing to bid for utility even if it is nationalised

Future of indebted group is a potentially expensive issue for UK’s presumptive next prime minister

Jul 7, 2026

Budget Energy announces 9.5% price increase

Budget Energy NI says the rise is due to the "continued volatility" in wholesale energy markets.

Jul 6, 2026

ITV hits such as I'm a Celebrity to stay free to watch after Sky takeover

The two broadcasters say the deal will create a strong rival to global streaming giants.