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Wednesday briefing: Was the chancellor’s spring statement already out of date?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