Next chief executive Simon Wolfson took home £7.4 million last year, his highest ever pay package, as the retailer cited 'sustained outperformance.' The company announced plans to raise his basic salary and bonuses furt...
Former UK ambassador to the US Peter Mandelson failed Cabinet Office vetting, according to the Financial Times. Conservatives are accusing Prime Minister Sir Keir Starmer of misleading parliament over the circumstances o...
Prime Minister Keir Starmer told social media companies that tougher age verification standards, comparable to those used by OnlyFans, should become the norm. Starmer said 'things can't go on like this' during a meeting ...
MarketWatch highlights two common financial errors retirees make, describing savers who hoard wealth without spending it as 'King Tut subjects — buried with their gold.' The piece offers guidance on how retirees can av...
The Guardian's Nils Pratley argues that the government's British Industrial Competitiveness Scheme (BICS), offering up to 25% cuts in electricity bills for select manufacturers, falls well short of what is needed to genu...
UK minister Kanishka Narayan said British firms 'should be worried' about the competitive threat posed by Anthropic's newest AI model, urging the country to seize related opportunities. The warning came as the government...
PepsiCo reported that recent price reductions and a wellness-focused product push have reversed customer losses, sending shares sharply higher. The company also noted it has so far seen limited impact from the Iran war o...
The Financial Times argues that the Mythos cybersecurity incident underscores the growing strategic importance of access to frontier AI models. As AI capabilities advance, securing access to leading technology is becomin...
Metro Bank chief executive Dan Frumkin was awarded a £2.6 million pay packet — the largest in the bank's history — just a year after cutting 1,000 jobs following the lender's near collapse. The figure is more than d...
A businessman has pleaded guilty to making fictitious statements to shut down the Heaven nightclub in London, with police believing the complaints were AI-generated. The Metropolitan Police says AI-fabricated licensing c...
A new social supermarket has opened in Mablethorpe, buying surplus stock in order to keep prices low for shoppers. The store is aimed at helping residents reduce their food costs....
The head of the International Energy Agency has warned that Europe could run out of jet fuel within six weeks. In response, Lufthansa and KLM have both announced reductions to their summer flight schedules....
PepsiCo reduced prices on some of its flagship snack brands by as much as 15% ahead of the Super Bowl in February, aiming to win back consumers who had pulled back on spending. The move signals the company's effort to pr...
Charles Schwab reported record quarterly revenue driven by record trading activity, as investors actively manage their finances more than ever, according to the company. Despite the strong revenue milestone, results fell...
Up to 300 DHL logistics staff based at the Jaguar Land Rover facility in Solihull have voted to strike indefinitely. The industrial action could disrupt supply chain operations at the major UK automotive manufacturer....
Lufthansa has announced it will accelerate the retirement of older CityLine aircraft as the airline faces a double pressure of union strikes and surging kerosene prices driven by the Iran war. The decision reflects mount...
A reader's mother set up a trust for her sibling who stole $100,000 from a bank. MarketWatch reports that felony charges are pending, which could potentially lead to the seizure of the trust....
Fundstrat found that retail investors sold aggressively as the market bottomed in March, while hedge funds were buying the dip. Tom Lee believes this trend will reverse and retail investors will lead the next rally....
Ian Katz will leave his role as Channel 4's content chief in the autumn, following eight years in the post. He is a former senior executive at The Guardian and editor of BBC's Newsnight....
TSMC's earnings report showed continued momentum in the chip industry, despite macroeconomic uncertainties. The company is cognizant of these factors but notes that the pace of the global AI buildout remains unrelenting....