Analysts say IPO that could make Elon Musk the world’s first trillionaire has a ‘major disconnect’ on price Elon Musk’s SpaceX is set to launch the biggest stock market float in history amid warnings that it may be over…
Mike Ashley’s retail group has made near-€2bn bid for the German fashion house, in which it holds a 26% stakeBusiness live – latest updatesShares in Hugo Boss jumped nearly 10% on Thursday after the company said it would…
Forecast for this year downgraded to 2.5% and inflation expected to jump as a result of war in the Middle East Global economic growth will slow to 2.5% this year as a result of the war in the Middle East – the weakest s…
Allison Kirkby pocketed the payment after BT’s share price surged nearly 80% The chief executive of BT saw her pay and bonus package more than double last year to £5.6m, the biggest pay award to a boss of the telecoms co…
Broadcaster reveals revenues from expanded tournament are running about 30% higher than for Euro 2024The World Cup will be the most lucrative sports event ITV has ever aired, the broadcaster has said, with bosses calling…
European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next springBusiness live – latest updatesThe European Central Bank has raised interest rates for the first time since 2023 in…
Sources say firm is asking for more than £1bn in row that could put pressure on two countries’ relationshipBusiness live – latest updatesThe Chinese owner of British Steel has started a formal process under an internatio…
Budget airline describes inquiry as ‘bogus’ as watchdog says it is only large carrier flying from UK to impose chargeBusiness live – latest updatesEurope’s biggest low-cost airline, Ryanair, is facing an investigation ov…
Whistleblowers from Mitie allege some employees have made offensive remarks or liked abusive social media postsOne of the government’s key contractors has launched an investigation into allegations of racism, antisemitis…
About 1 million 16- to 24-year-olds are not in employment, education or training – and the obstacles they face are bigger than ever. Those unemployed for a year or more explain how they are copingThomas doesn’t leave the…
When Guardian Australia senior reporter Sarah Martin heard a friend’s hairdresser had invested in a cryptocurrency scheme called HyperVerse and potentially lost all her money, she decided to investigate. She soon found m…
Lucy Rigby tells MPs heavily subsidised system gives the government the right to alter terms of existing agreementsMinisters have rejected accusations that recent changes to student loans are unfair, arguing that they ar…
Ever since the Post Modern Times cafe in Minneapolis ditched its price list, half the customers have chosen not to pay. It’s still making a profitName: Pay what you wish.Age: Popular since the 00s, but dating back to at …
Peter Kyle exaggerates role of British Business Bank and National Wealth Fund in nurturing firmsIs the business secretary, Peter Kyle, suffering from SpaceX fever? It must be something of that sort because his launch thi…
Research suggests households that include a GLP-1 user collectively spent £780m less on grocery billsBusiness live – latest updatesWeight-loss drugs are saving users’ households more than £400 a year on grocery bills, ac…
Exemptions being considered after March announcement of measures to support domestic steel productionMinisters are expected to drop some planned tariffs on foreign steel after UK manufacturers said the measures would sig…
EV maker aims to overtake Toyota, as it plans to spend £1.8bn to build five-minute flash chargers in EuropeBusiness live – latest updatesThe Chinese car company BYD has said it aims to be the world’s biggest automaker wi…
Our roadmap has been shaped by experts across the world, from UN agencies to grassroots movements. We call on political leaders at all levels to use itWe live in an age of manufactured scarcity. In a world richer than ev…
The net zero economy is booming, so claims that prosperity depends on oil and gas are bunkum – unless you’re a Reform backer with fossil fuel interests, of courseReally? You want to destroy a million jobs? Vote Reform UK…
2-8A Rutland Gate had jewel-encrusted bathroom suites and gold wastepaper bins in its 45 rooms, but has lain empty for years. With many people desperate for secure housing, what does the abandonment of this palace tell u…
AI company restricted access to Fable 5, its most powerful Mythos model, for months over cybersecurity concernsAnthropic, the maker of the Claude artificial intelligence (AI) models, made a new version of its technology …
The line is vital for our elderly relative’s care, but after 20 calls BT seems unable to resolve the problemMy elderly aunt, who lives alone, has been unable to receive incoming calls for more than two months after BT sw…
Governor urges people to report videos on X that falsely show the men clashing in the Question Time studio The Bank of England has warned the public against falling for AI-generated scams after deepfake videos of Nigel F…
Becoming the world’s first trillionaire is only going to supercharge this sense of impunity and bring us one step closer to full-blown oligarchy“Whoever said ‘money can’t buy happiness’ really knew what they were talking…