US economic growth surges to fastest rate in two years; Tesla’s European sales drop again – as it happened
Rolling coverage of the latest economic and financial news
CDs return to Christmas shopping lists as gen Z embrace ‘retro renaissance’
Demand for CD players rises 74% this year amid deluxe releases from artists such as Taylor Swift and Pink Floyd
US economy grew strongly in third quarter, GDP report says
GDP rose at an annualized rate of 4.3% over the third quarter, far higher than expected
Ryanair fined €256m over ‘abusive strategy’ to limit ticket sales by online travel agencies
Italy’s competition authority says Irish airline implemented technical obstacles to force sales through its own website
Four-day week may be considered a sign of failure, England councils told
Local government secretary writes to town halls warning them against ‘part-time work for full-time pay’
Tesla’s EU sales slump continues as Chinese rivals thrive
Elon Musk’s brand sold 12,130 new cars across the EU last month, down from 18,430 in November 2024
‘We’ve seen it decimate areas’: Somerset town’s traders oppose parking charges
Traders on Clevedon’s Hill Road say they fear the proposals could hasten the decline of independent retail as councils across Britain look to raise income by forcing shoppers to pay to park
The second China shock is coming – and the UK’s response is too timid
Beijing’s push to dominate technology through state-backed industrial policy is reshaping global trade and could devastate European industry
Post Office and Fujitsu had deal 19 years ago to fix Horizon errors, paper shows
Document casts doubt on postal service claims it was unaware of bugs that could cause accounting shortfalls
The Guardian view on sending letters: the writing’s on the wall
Editorial: The Danish postal service has announced it will cease deliveries from 30 December after 400 years. Eventually, other countries may go down a similar route
Labour calls to rejoin EU customs union will become harder for Starmer to resist
Wes Streeting’s wish for deeper trade relations to help fight against Farage is shared by growing number of MPs
Rachel Reeves sets early March date for spring statement as OBR prepares forecast
Treasury announces 3 March date to prioritise ‘stability and certainty’ after criticism of buildup to November budget
Larry Ellison gives personal guarantee for Paramount takeover of Warner Bros Discovery
WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal
UK drivers being overcharged as fuel prices fail to track oil market, watchdog finds
CMA rejects retailers’ claims on operating costs, saying weak competition is not passing on lower wholesale prices
Paramount sweetens bid for Warner Brothers with Ellison guarantee; UK economy growth downgraded – as it happened
Rolling coverage of the latest economic and financial news, as Paramount beefs up its offer for Warner Brothers