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Americans are growing frustrated with Trump’s handling of the economy as cost of living soars ahead of midtermsUS inflation increased at its fastest pace in three years in April, driven by higher energy prices amid the war with Iran, and cementing econ…
Company, which paid boss Joshua Schulman £4m in year to March, becomes latest to extend deadline to become carbon neutralBusiness live – latest updatesThe boss of Burberry could earn up to £12.2m after the luxury British brand introduced a new bonus sc…
European Commission finds shoppers on Chinese website very likely to find unsafe items and imposes €200m penaltyEU regulators have fined the Chinese shopping website Temu €200m (£173m) for failing to stop the sale of illegal and dangerous products.The …
Alan Milburn’s landmark report says unemployment among young costs UK £125bn a year and warns of ‘lost generation’ ‘A record of failure’: what’s in first part of Milburn report?Tell us: we would like to hear from young people in the UK about their job …
Barratt Redrow boss says rising interest rates, higher student debt and squeeze on wages hitting property dreamBusiness live – latest updatesThe boss of Britain’s largest housebuilder has warned that it is the most challenging time to be a first-time b…
Benchmark prices for crude oil rose on Thursday as Iran said it targeted a US airbase in response to American air strikes. Commercial traffic through the Strait of Hormuz, which had slightly ticked up in previous days, dwindled down to almost nothing …
French President Emmanuel Macron gave the country’s plans to move away from fossil fuels another boost on Tuesday, announcing big private investments, including a €1 billion EV project from Stellantis. Some 200 companies signed onto a national pact to…
Albert Manifold disputes reports about his behaviour and says he always tried to set exampleThe boardroom turmoil at BP deepened after its ousted chair, Albert Manifold, claimed allegations about his conduct were “lies”.In a new and lengthy statement, …
First details of agreement published, heralding end to EU-UK checks on dairy products, eggs, fish and fresh red meatBusiness live – latest updatesThe EU and UK have signalled an end to Brexit “sausage wars” with the first details of a new food exports …
Outdoor clothing company is suing US environmentalist drag performer for $1 plus legal fees, claiming ‘we wish we didn’t have to do this’Patagonia has launched a trademark lawsuit against an environmentalist drag queen named Pattie Gonia, who has accus…