Business

Europe has edged closer to recession as the European Central Bank (ECB) raised interest rates by 0.75%, making borrowing and repaying debt more expensive....

Shares in Meta plunged as the market opened in the US following a drop in quarterly profits, sliding nearly 23%. The fall compounded the...

Gross domestic product in the US bounced back in the third quarter, reversing a trend over the first six months that suggested the country...

Shell has reported operating profits of $9.5bn (£8.19bn) for the third quarter of this year, lower than that of the three months before but...

Facebook parent Meta has beaten estimates for its quarterly revenue, helped by its continued dominance of the online advertising market. Revenue in the third...

Elon Musk has been seen entering Twitter HQ – carrying what appears to be a sink. Mr Musk tweeted a video showing himself walking...

Jeremy Hunt has delayed the announcement of the government’s economic plan from Halloween to 17 November, saying it will help ministers make “difficult decisions…...

Ford has announced the end of one of the most popular cars ever sold in the UK – the Fiesta. By the end of...

The chairman and chief executive of one of the world’s biggest banks says he is “committed to the UK”, despite recent political and economic...

Rishi Sunak says we are facing a “profound economic crisis”. Big words, not to mention depressing. But do they really stack up? Is the...

The pound hit a six-week high as Rishi Sunak became prime minister today, another sign of the markets welcoming the country’s new leader. Sterling...

The price of low-cost everyday grocery items has increased 17% in the 12 months to September, data from the Office of National Statistics (ONS)...

WhatsApp went down for users across the UK this morning, with tens of thousands of people reporting being unable to send or receive messages....

The downturn in the economy has worsened this month as the service sector recorded the fastest decline in activity since January 2021, according to...

Train passengers have been warned to expect disruption on rail networks as a strike hits services on some of Britain’s busiest routes today. Members...

Rishi Sunak is not just our first British Asian prime minister, our first Hindu PM. He is not just the youngest prime minister of...

The financial markets appear to have welcomed news that Rishi Sunak will be the UK’s next prime minister. The pound was up 0.15% against...

The financial markets have enjoyed a rebound as Boris Johnson dropped out of the leadership race, leaving Rishi Sunak as the favourite to become...

Train passengers have been warned to expect disruption on rail networks as a strike hits services on some of Britain’s busiest routes today. Members...