HarperCollins to allow tech firms to use its books to train AI models

Some nonfiction backlist titles will be used to train artificial intelligence with authors’ permission

Bank of England governor says budget measures could cost jobs, and argues for ‘gradual’ interest rate cuts – as it happened

Rolling coverage of the latest economic and financial news

Increase in national insurance contributions and national living wage will add to costs, says BRC

CEO says he will launch review to make company ‘leaner, more agile’ and the firm will ‘renew its relevance’

Retailer’s share price has crashed amid post-Covid high street recovery and competition from Shein and others

Criminals using AI to trick shoppers as data shows more than £11.5m lost to fraud during festive period last year

Legislation will be drafted to ensure consumers find it easy to exit unwanted signups and to get a refund

Supermarket fizz bursts the prestigious French label’s bubble in blind tastings by consumer group Which?

After stunning collapse in profits, chief executive aims to ‘course correct’ and ‘celebrate heritage’

Ice-cream brand takes legal action against parent company which it claims threatened to dismantle board

Shares in fashion brand jump as ‘urgent’ cost-cutting programme announced following half-year losses

This year’s ad is actually about going shopping and features Oxford Street store plus song by Richard Ashcroft

Future of 2,000 staff remains unclear despite the bulk of stores being bought by the homeware retailer The Range

Despicable Me 4 tie-in smells more like popcorn while a waddling duck and an interactive pet monkey also feature

Fast fashion retailer did not appear in list of clients published by Global Counsel, co-founded by Labour peer