Business News

The UK economy recorded 0.4% growth in July, partly on the back of artificial intelligence (AI) investment, according to early official figures that outperformed expectations.

Arsenal Football Club, the Premier League champions, has drafted in a leading firm of management consultants to explore operational improvements which could trigger a round of cost-cutting.

The government has recruited Alan Lovell, the industrial veteran, to chair British Steel months after it was formally taken into public ownership.

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One of Britain's most troubled water suppliers has called off plans to raise hundreds of millions of pounds from investors amid the ongoing regulatory and political uncertainty engulfing the industry.

Apple has taken its "biggest gamble in years" by launching its first-ever flip phone, according to experts at Uswitch.

The John Lewis Partnership (JLP) has sounded a note of caution over its outlook after surging costs and weaker consumer confidence contributed to deeper half-year losses.

The EU has drafted new rules which could lead to more restrictions for Airbnb and other short-term home rental companies.

TransUnion is overhauling its credit rating system in a bid to make it "clearer, more transparent and informative".

There is mounting concern over the impact of intensifying hostilities in the Middle East on the global economy, as oil prices topped $100 a barrel again.