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Number of billionaires globally could reach 4,000 in next five years

There are now 3,110 billionaires but analysis shows ‘deep structural acceleration’ in wealth creation around world

What is Mythos AI and why could it be a threat to global cybersecurity?

Anthropic’s decision to restrict access to its powerful new model increases fears about the advanced technology

‘Get back to work’: Amazon faces fresh scrutiny over workplace safety record

Workers and labor advocates say the company’s injury rates and how it treats injured staff remain a problem

Anthropic investigates report of rogue access to hack-enabling Mythos AI

‘Handful’ of people allegedly gain unauthorised access to model adept at detecting cybersecurity vulnerabilities

AI hallucinations found in high-profile Wall Street law firm filing

Sullivan & Cromwell apologises to New York federal judge for string of errors in documents for Prince Group case

UK could face ‘hacktivist attacks at scale’, says head of security agency

Officials warn a conflict situation could cause disruption similar to recent major ransomware incidents

Four key takeaways from Apple’s change of leadership

Analysts say net boss John Ternus should diversify tech giant away from iPhones and raise its game in AI

‘Uber for nurses’: gig-work apps lobby to deregulate healthcare, report finds

Growing use of AI tech comes at expense of workers’ rights, protections and pay, report warns

Why are respected film-makers suddenly embracing AI?

From Soderbergh to Aronofsky, esteemed Hollywood directors are starting to find ways to include artificial intelligence in the production of their films

European stock markets fall and oil and gas prices jump as strait of Hormuz ‘chaos’ worries investors – as it happened

Rolling coverage of the latest economic and financial news

Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices

Data shows 224,000 new EVs were registered in March, with Norway leading way in terms of switching

‘I don’t want to waste the gas’: Uber and Lyft drivers reeling as fuel prices soar

Drivers face dilemma of driving more or cutting back – and support from ride-share giants decried as ‘slap in the face’

Average new UK electric car price is now lower than petrol vehicles

Autotrader says average EV cost is £785 cheaper, in an important milestone in the move away from fossil fuels

UK’s OnlyFans tops $3bn valuation amid talks to sell stake to US investor

Adult video platform to sell minority stake to increase stability after death of its owner Leonid Radvinsky

Finance leaders warn over Mythos as UK banks prepare to use powerful Anthropic AI tool

Release of new Claude model, so far limited to US firms, will expand to British institutions in coming days

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  • UK households cut back spending at fastest rate in 18 months, Barclays says
  • BuzzFeed sold to Byron Allen, who will take over as CEO in $120m deal
  • British Steel: more questions than answers on the future
  • UK government borrowing costs rise as Starmer ‘fails to reassure bond markets’ – as it happened
  • AI-powered hacking has exploded into industrial-scale threat, Google says
  • UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’
  • Ofcom to investigate GB News over second airing of Trump interview
  • E.ON agrees to buy Ovo in deal to create UK’s biggest energy supplier
  • Advocates decry Trump’s plan to open 24m acres of federal lands to cattle grazing
  • Thinktank calls for ‘double lock’ England private rent cap to ease living costs
  • Democrats are playing with fire in trying to reclaim tax cuts from Republicans
  • Can you move your pension to dodge inheritance tax? Fraudsters say so
  • Oil prices climb after Trump dismisses Iran’s response to peace plan
  • US Senate expected to confirm Kevin Warsh as next Federal Reserve chair
  • Heathrow passenger numbers dip as demand for international travel ebbs amid Iran war fallout
  • UK savings: six traps to avoid when you’re finding a new deal
  • UK households bracing for new cost of living crisis, report finds
  • Delayed Great British Railways’ first station to open at Cambridge South in June
  • ‘It’s like we went bankrupt overnight’: poorest Somalis suffer as piles of worthless shillings mount up
  • Europe should behave more like China does if it wants to survive this age of chaos
  • Full nationalisation of British Steel expected in king’s speech
  • Mike Ashley admits he was behind video that brought down JD Sports chair
  • ‘Degree of complacency’: are supply chains prepared for impact of ongoing Iran war?
  • Trump tariff refunds are happening – and businesses should pay attention
  • Advisers urge JP Morgan investors to vote to split chair and CEO positions
  • Saudi Aramco profits jump despite conflict in Middle East
  • From fringe issue to the heart of politics: the UK Living Wage campaign marks 25 years of success
  • Cape Verde bets on tech to reverse postcolonial brain drain
  • Defence sovereignty: Europe races to build the low-cost weapons of future
  • With Trump’s low approval rating and Republicans’ ‘self-destruction’, can Democrats take the Senate?

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