BUSINESS

Lucy Powell's appointment as Education Secretary raises concerns due to her past opposition to academy expansion, sparking debate over potential shifts in the UK's educational policies.

The Writers Guild of America is legally challenging the Paramount-Warner Bros. Discovery merger, citing concerns over reduced competition and writer compensation. A court hearing is set for 3 August.

The Glasgow School of Art reveals it cannot afford to restore the Mackintosh Building without external funding, shifting focus to a potential 'innovation district' amidst criticism over transparency.

Jeff Bezos is in talks to join a consortium buying a 30 percent stake in Liverpool FC, raising fresh questions about money, politics and identity at one of England's most storied clubs.

Prince George is preparing to start Eton College this September, while astrologer Inbaal Honigman predicts the future king could initially struggle with leaving home.

Court cases in France, the US and Italy suggest private intelligence operations are increasingly testing the boundaries between commercial competition, unlawful surveillance and state security.

The global gambling and betting market is forecast to grow to $486.21 billion by 2035, driven by online platforms, smartphone adoption and technological innovation.

AI may boost efficiency, but MIT's Andrew McAfee warns that eliminating entry-level roles could create a shortage of future leaders. Training and mentorship are key for success.

AI data centres are buying up memory chips and pushing prices up with it. See how the squeeze works and how much more the top iPhone models may cost.

JPMorgan CEO Jamie Dimon warns higher financial sector taxes could hinder UK investment, impact plans for a new London HQ, and affect the broader economy.

The Walt Disney Company is undergoing another restructuring phase, resulting in significant job cuts across its divisions, with Pixar and ESPN being the most affected. This marks the third round of layoffs this year.

Despite 'Toy Story 5' nearing £718 million globally, Pixar faces layoffs as Disney restructures. The cuts, affecting production roles, reflect a shift towards established franchises and quality over volume.

Jamie Dimon says markets are too optimistic and explains why he isn't buying stock indexes or long-term Treasury bonds.

Mark Cuban says giving employees company stock created more than 1,000 millionaires and wants more CEOs to do the same.

Jamie Dimon warns Andy Burnham that Britain needs stronger economic growth, as soaring debt, bond-market pressure and competing spending demands threaten the new PM's ambitious plans.

JPMorgan's Jamie Dimon says he would not buy US stocks or long-dated Treasuries now, warning markets underestimate geopolitical and fiscal risk.

The EU-Africa relationship is evolving as African civil society groups push for reparations, challenging Europe's cautious approach. This debate could reshape political, economic, and legal frameworks by 2027.

Black Sheep Coffee founders Eirik Holth and Gabriel Shohet are expanding their specialty-grade Robusta coffee brand into the US after building a fast-growing business across the UK and the Middle East.

Carlex Glass America is closing its Vonore, Tennessee plant, affecting 325 jobs, as part of a strategic shift towards expanding its Nashville operations.

UK CFOs are prioritising AI investment over hiring new graduates, as revealed by Deloitte's survey. Learn how this shift impacts young jobseekers and the future of UK business technology.

A groundbreaking lawsuit against Meta alleges AI-driven discrimination in layoffs during protected leave. Explore the court's stance and Meta's response in this key case on AI and employment law.

Hollywood director Christopher Nolan has amassed a $300M net worth through blockbuster movies and strategic profit-sharing deals, as his latest film, 'The Odyssey', receives critical acclaim.

AMC stock is surging on record results. Learn which films really powered the period, which blockbusters come next, and why the business is not yet making a profit.

Disabled Americans were wrongly denied Medicaid by Deloitte-run eligibility systems, a KFF investigation found, as states race to add work requirement checks to error-prone software.

The Bank of England says growing dependence on AI and cloud providers could make future financial shocks spread faster.

Andy Burnham signals tax relief and cost-of-living reforms in his first days as PM, but admits delivering lower taxes will require difficult economic choices.

Elon Musk refuted a viral claim that SpaceX ordered $52 billion worth of AI servers from Foxconn, highlighting the rapid spread of unverified information on social media.

Avealto aims to bridge the connectivity gap for three billion people with its high-altitude platform stations, offering a sustainable and cost-effective alternative to traditional satellite and fibre networks.

The India-UK trade deal, effective from 15 July 2026, cuts tariffs, lowers prices on select goods, and creates new opportunities for businesses and consumers in both countries.