The chair of the UK government’s “moonshot” science and technology research unit has been forced to stand down after taking a job with the San Francisco AI firm Anthropic, after warnings from senior MPs that the move cr…
The UK retailer Next has overturned a 2024 court ruling forcing it to pay its shop staff the same higher basic pay rates as its warehouse workers under equal pay rules.
Iran’s joint military command said the Strait of Hormuz remained closed and warned that regional oil, gas, electricity and economic infrastructure would be targeted if the United States carried out President Donald Trum…
Since the U.S. and Israel launched strikes on Iran on February 28, jet fuel prices in the U.S. have more than doubled. According to data from the Energy Information Administration (EIA), the year-to-date percent change …
UK house prices have fallen for the first time in almost three years, as prospective buyers were squeezed by higher mortgage rates, geopolitical uncertainty and stretched affordability.
Hundreds of small UK TV companies have so little cash in reserve that a filming overrun or a delay to a series could send them bust, an industry body has warned, as programme budget cuts by broadcasters threaten their f…
Labour’s new powers for customers to hold water companies to account are a “stitch-up”, campaigners have said, as utilities firms have been advising on how to implement it.
Professional designers should not feel “threatened” by the rapid growth of generative AI, according to business leaders, despite fears over job losses in the sector.
John Healey will argue the government’s plans to boost growth across the whole country will enable the British economy to “turn a corner” despite anxiety over volatile bond markets derailing Labour’s crucial first budge…
Job losses in EU manufacturing will rapidly increase unless Brussels stops the “colonisation” of industry by Chinese component manufacturers, a leading industry trade body has warned.
The government has signalled that it will not invest taxpayers’ money to limit job losses at Jaguar Land Rover (JLR), after it emerged that the UK’s biggest carmaker is planning up to 4,000 redundancies .
A German startup has launched the first commercial rocket to reach orbit from continental Europe, a milestone for Europe’s efforts to secure independent access to space.
As the US and Israel systematically assassinate Iranian officials and bomb schools, hospitals, and residential areas, Tehran has defended its sovereignty by engaging in a campaign of asymmetric economic warfare, not onl…
Iranian officials repeatedly say around 20 million liters of fuel are smuggled out of the country every day, costing Iran between $4 billion and $5.2 billion a year. But the figure is far less precise than it is often p…
He would like to thank the Fritz Thyssen Foundation for the travel grants that enabled a research visit to four Indian cities in July 2025. He would also like to thank Simona Beckemeier for her support with the literatu…
Thousands of workers at Jaguar Land Rover (JLR) will be offered redundancies after Britain’s largest car manufacturer had its revenues slashed by falling sales, a cyber-attack and Donald Trump’s tariffs.
Hundreds of passengers were evacuated from a train, and services to Heathrow airport were cancelled, after a fire near tracks in the London Paddington area caused major disruptions to London’s rail network.