Nvidia and UK Wealth Fund invest in British autonomous driving startup Oxa
Oxford-based firm has raised $103m for commercial development of software for self-driving industrial vehicles
UK supermarket chain Iceland drops trademark dispute with Iceland
Company promises ‘rapprochement discount’ for shoppers from country after decade-long action in EU court
£25 for a cookie? What the baffling luxury bakery boom tells us about Britain
Amid a cost of living crisis, pricey patisserie is all the rage – and not just in London. Our reporter goes on a crawl to find out if a tart can really be worth £45
Wednesday briefing: Was the chancellor’s spring statement already out of date?
In today’s newsletter: Against a backdrop of global turbulence, Rachel Reeve’s surprisingly upbeat tone failed to reassure when our supposed economic stability rests on forces mostly outside of the government’s control
Middle East conflict offers economic lifeline to Russia’s flagging war machine
With much of the world’s oil supplies out of action, Russia could step in to meet demand in China and India
What was really behind Jack Dorsey laying off nearly half of Block’s staff?
CEO cited AI advances in cutting 4,000 workers, but a weak crypto market and declining stock price may also be at play
Epstein-linked Leon Black waged bid to ‘silence’ law firm and accusers, suit says
Wigdor LLP accuses billionaire of trying to ‘destroy those who seek to hold him to account for alleged sexual assault’
What will Rachel Reeves’s spring forecast mean for household finances?
The chancellor promises more money in people’s pockets, but the Iran crisis makes steeper inflation a pressing worry
‘It’s no news just when we wanted some’: bosses react to spring statement
Amid global volatility, Rachel Reeves tried to project calm with a low-key forecast. But business owners have their doubts
UK borrowing costs jump again on fears Iran conflict will curb growth
Investors suspect rising oil and gas costs will stoke inflation and delay cuts in interest rates
Unemployment set to hit 5.3% this year amid ‘worrying’ rise in young jobless
OBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertainty
Iran conflict could have ‘very significant’ impact on UK economy, OBR warns; FTSE 100’s biggest fall in 11 months – as it happened
Spring forecast show UK unempoyment to peak higher than feared, as tax take heads for a record, but headroom against fiscal rules has increased
China calls for vessels in strait of Hormuz to be protected amid soaring shipping costs
Beijing’s foreign ministry urges ‘all parties’ to avoid escalation as number of crossings drops 60% in one day
Reeves’s spring statement? The economy is great, don’t worry about the Middle East
With no spending or fiscal commitments to offer, the chancellor kept it short, sweet and just a little tin-eared
Rachel Reeves claims UK economy can beat forecasts again – is she right? Our writers discuss
The chancellor insists Labour has ‘the right economic plan’ for a world that has become ‘yet more uncertain’