Rachel Reeves given extra £3bn for budget after VAT error fixed ONS says public borrowing estimates have been out by £200m-£500m a month since January
Qantas among nearly 40 companies facing ransom demand from hacker group Hacker collective Scattered Lapsus$ Hunters reportedly threatening to leak stolen personal data from dozens of firms in major extortion attempt
Badenoch unveils ‘golden rule’ to use half of spending cuts to reduce deficit Conservative leader aims to rebuild party’s economic credibility after it was torched by her predecessors
UK plastic waste exports to developing countries rose 84% in a year, data shows Campaigners say increase in exports mostly to Malaysia and Indonesia is ‘unethical and irresponsible waste imperialism’
Do OpenAI’s multibillion-dollar deals mean exuberance has got out of hand? Some market watchers are concerned by the circular nature of deals with chip makers Nvidia and AMD
Lifetime of earnings not enough for UK workers to join wealthiest 10%, report says Research finds it would take average worker saving all their earnings for 52 years to match wealth of richest 10th of society
Car loan scandal victims may get average £700 payout from 14m loans, FCA says City regulator unveils compensation scheme for motorists who bought cars via discretionary commission deals from 2007 to 2024
DPD couriers face substantial earnings loss from cut in delivery payments Company vows to force through pay decrease in new year that will cost thousands of drivers up to £25 a day
EU plan to match Trump steel tariffs spurs ‘existential threat’ to UK steel industry Starmer says UK in discussions with EU over Brussels plan to double import tariff to 50%, which unions warn could kill UK steel industry
Metro Bank customers see red after IT glitch empties accounts Bank apologises for payments delay that led to angry complaints about ‘negative balances and missing funds’
Metro Bank customers hit by payment problems; EU to raise tariffs on foreign steel imports – as it happened European Commission proposes 50% tariff on foreign steel, which UK union says is an “existential threat” to UK steel industry
CBS News staffers react to Bari Weiss being named editor-in-chief: ‘It’s utterly depressing’ Six network employees expressed a mix of emotions over the appointment in conversations with the Guardian
Ineos to cut a fifth of Hull jobs, blaming ‘dirt-cheap’ imports from China Company says more roles will be at risk unless UK government supports tariffs to protect industry
Almost a fifth of young UK adults use AI to design holiday, study finds Traditional package holiday is still the most common eventual purchase, travel industry body Abta reports
Jaguar Land Rover launches phased restart at factories after cyber-attack Carmaker says sales dropped sharply in ‘challenging quarter’ amid production stoppage