News Corporation has reported a 75% fall in profits – but says it is optimistic about the future thanks to the “remarkable opportunity” of AI. The media giant said it…
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Growth figures exceeded modest expectations – but this could be as good as it gets
GDP exceeded modest expectations in June and for the second quarter as a whole, but perhaps the best that can be said of the economy at the halfway point in…
Read MoreHeathrow Airport passenger numbers soar as British travellers flee wet weather
Heathrow has said passenger numbers are almost back to pre-pandemic levels after an extra 1.3 million flyers used the airport in July. The wet weather across the UK this summer…
Read MoreUK economy grows by 0.2%, ONS figures show
The UK economy grew slightly in the three months to June, according to official estimates. Gross domestic product (GDP) increased by 0.2% in the second quarter of the year, the…
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Dangerous carbon monoxide alarms are being sold online, Which? has warned. The consumer watchdog says devices that fail to detect high levels of the potentially lethal gas were found on…
Read MoreYorkshire Post owner signals interest in buying Daily Telegraph
The owner of regional newspapers the Yorkshire Post and Scotsman have indicated it could be interested in buying the Daily Telegraph and Sunday Telegraph, should they be put up for…
Read MoreWilko
Discount retailer Wilko has failed despite catering to precisely the sort of cost-conscious, value driven consumer whose number has been swelled by the cost-of-living squeeze. While direct competitors B&M, Home…
Read MoreJump in number of homeowners and landlords falling into mortgage arrears, says UK Finance
A growing number of homeowners and landlords are falling into arrears with their mortgages, according to new figures from a trade association. UK Finance said there were 81,900 homeowner mortgages in…
Read MoreDisney+ shakes up UK prices after worldwide drop in subscribers
Disney+ is to change its UK pricing after losing 11.7 million customers internationally. The streaming service, which currently costs UK users £7.99 a month, will introduce three new pricing tiers…
Read MoreHalifax becomes latest lender to cut mortgage rates
Halifax has become the latest lender to cut mortgage rates this week after it announced reductions of up to 0.71 percentage points. HSBC, Nationwide and TSB have also cut rates…
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