Anglo American rejects BHP’s £31.1bn takeover proposal; Darktrace accepts takeover offer – business live Rolling coverage of the latest economic and financial news
Barclaycard change could mean much higher interest for some customers Credit card holders who make minimum repayments warned they could be in debt for years longer
UK policy denying visas to children of care workers faces legal challenge Exclusive: Action by organisation supporting migrants argues new rules are discriminatory
Poverty experts tell Labor jobseeker payments should be lifted to 90% of age pension The Economic Inclusion Advisory Committee warn that unemployment benefits are still too low
Microsoft’s heavy bet on AI pays off as it beats expectations in latest quarter World’s largest public company reports $61.86bn revenue after investing billions into artificial intelligence
Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoil
British railways under Tories are symbol of national decline, says Labour Party plans to nationalise network and ‘unlock the trapped potential’ of rail to drive economic growth across the country
Student protesters are demanding universities divest from Israel. What does that mean? Pro-Palestinian demonstrators are calling on universities to sell investments in companies they say are complicit in war in Gaza
What is Labour’s plan for rail travel and will it make tickets cheaper? Party wants to fully nationalise train network within five years of coming to power, in ‘biggest rail reform for a generation’
BHP’s takeover bid for Anglo American is clever but far too low Shareholders in the mining firm are unimpressed by the offer as it stands but what happens next could be interesting
Tata Steel rejects union plan to save jobs and keep Port Talbot furnace open Rejection of plan to keep one blast furnace open while building electric replacement ends hopes of avoiding as many as 2,800 job losses
Sainsbury’s says sales revival in big-ticket items depends on base rate cut Chain is winning market share from rivals but discretionary spend remains cautious, CEO Simon Roberts says
US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter
Shareholders back £7m pay rise for London Stock Exchange boss Vote to double David Schwimmer’s maximum pay levels comes as fear grow about exodus of firms from City
‘Privileged access’: pro-plastic lobbyists at UN pollution talks increase by a third Fossil fuel and petrochemical campaigners at Ottawa summit outnumber scientists, EU and Indigenous delegates