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British AI datacentre firm Nscale raises $2bn as Sheryl Sandberg and Nick Clegg join board

London-based startup, which is vital to the government’s AI ambitions, is now valued at $14.6bn

Lengthy US-Iran war would affect ‘lives and households of everybody’, says Starmer

Ministers understood to be considering ways to mitigate rising energy bills as oil prices surpass $100 a barrel

Nigel Farage invests £215,000 in Kwasi Kwarteng’s bitcoin firm

Reform UK leader strengthens ties with crypto sector with stake in former Tory chancellor’s company Stack BTC

UK interest rate cuts unlikely this year amid Iran war – and a rise could be ahead

Markets predict Bank of England will hold rates in 2026 as bond yields soar on forecasts of prolonged conflict

Former Tory minister Zac Goldsmith to launch new sports radio station

Exclusive: Goldsmith and brother Ben the major investors in trkradio, which is due to go to air next month

UK recruiter emerges from insolvency for third time, avoiding millions owed in tax

Hampshire business seems to have benefited from ‘phoenixism’, which costs the taxpayer about £800m a year

Crypto billionaire Christopher Harborne no longer interested in Reform-Tory pact

Donor who has given £12m to Reform UK had previously wanted Nigel Farage to keep open mind about deal with Conservatives

Nissan ‘says Sunderland plant could close’ if UK excluded from Made in Europe rules

Reports of carmaker’s warning come as lobby group says EU proposals could damage £70bn cross-channel trade

War in Middle East ‘could wipe out growth in UK living standards’

Rising oil and gas prices may affect increase of £300 a year for typical working-age households, says leading thinktank

Wednesday briefing: ​​Was the chancellor’s spring statement already out of date?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

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

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

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

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  • UK 10-year borrowing costs hit fresh highs as bond market sell-off continues – business live
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  • Architect of British government’s AI strategy joins Anthropic
  • Pentagon official overseeing military AI sold millions worth of stock in AI firm
  • The Guardian view on the global bond shock: Andy Burnham should take note
  • Burnham says Brexit brought ‘decade of low growth’ in first Commons address as prime minister – as it happened
  • Private equity keeps picking off London-listed firms – and Westminster barely notices
  • Mark Carney tells US to ‘start being serious’ amid escalating trade war
  • ‘Not perfectly aligned’ with human values: Anthropic admits security failures behind AI hacking incidents
  • Dyson launches £420 toothbrush that films ‘live cleaning footage’ inside your mouth
  • UK long-term borrowing costs could halve chancellor’s budget headroom
  • Global bond rout deepens as oil prices jump; wheat prices highest since early 2023 – as it happened
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  • Summer box office 2026: what can we learn from the hits and misses?
  • From milk to sausage rolls: how vending machines could help tackle UK ‘food deserts’
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  • Boss of City regulator accused of threatening consumer group over £9.1bn car loan scheme
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  • My abusive and aggressive partner left me but O2 insists I meet him in person
  • Price rises gather pace in UK shops amid higher energy costs
  • Dry weather sewage discharges soar as water companies face scrutiny
  • ‘A huge learning curve’: apprentices on the benefits and pitfalls of vocational training
  • Child trust fund firms face review over efforts to find who owns £1.5bn worth of pots
  • Any ideas, anyone? Healey asks for budget pitches from apprentices and IT staff
  • UK houses near top state secondary schools cost £40,000 more, research reveals
  • US trade regulator and 22 states accuse Amazon of taking $20bn with secret surcharges
  • Andrew Griffith and Tom Tugendhat join Badenoch’s top team in Tory reshuffle
  • BT on track for estimated £2bn windfall from selling old copper amid AI boom
  • Iran’s economy in crisis as US launches new sanctions campaign
  • Anthropic sued over alleged theft of ‘tens of thousands’ of songs

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