Falling sales at Stella McCartney fuel fears over fashion label’s future Directors blame ‘challenging market conditions’ as losses widen from £25m in 2024 to £33m
The stats don’t lie. Australia’s tax system is designed to benefit the wealthiest and the rest of us pay for it Many progressives protest that they are not rich, despite being on a very good wicket. They always reel off their CV of working-class roots
Trump’s tariffs are choking small US manufacturers – even those making music magic EarthQuaker Devices has served Smashing Pumpkins, PJ Harvey and Radiohead but says tariffs add costs up to 30%
Warner Bros Discovery urges shareholders to reject Paramount’s $108.4bn takeover bid After WBD accused Paramount of misleading investors, the network assured it had ‘all necessary financing’ for the deal
‘It’s shattered our family’: how illicit offshore bookies exploit struggling gamblers who are trying to quit International network appears designed to profit from gamblers who have signed up with UK self-exclusion scheme GamStop
Amazon in talks to invest $10bn in developer of ChatGPT OpenAI seeking to strike latest deal in its efforts to pay for huge spending on datacentres
Paddy Power and Betfair to pay £2m settlement after failing to protect users Failings included allowing customer to place £20,000 in bets across eight-hour session, Gambling Commission finds
Warner Bros reportedly poised to reject Paramount’s $108bn hostile takeover bid Decision will pave the way for Netflix to proceed with buyout of film and TV group
Inflation drop makes Bank of England early Christmas present to Reeves almost a certainty Monetary policy committee, cautious in recent months, expected to respond with cut in interest rates
UK inflation falls sharply to 3.2% amid slowdown in food price rises Drop in November annual rate adds to case for Bank of England cut to interest rates on Thursday
Beans, beans, the more you eat, the more your … meals are healthier and cheaper Celebrity chefs such as Jamie Oliver launch ‘Bang in Some Beans’ campaign to highlight cost savings and health advantages
Christmas dinner and festive treats up to 70% more expensive, reports Which? Price of turkey jumps as much as £15 compared with 2024, while chocolate has steepest mark-up
Rate hikes, rising inflation and difficult decisions: key takeaways from Jim Chalmers’ budget update Treasurer says his Myefo, which shows a small improvement in the budget bottom line, is ‘the most responsible’ on record
Government grants £120m of funding to save UK’s last ethylene plant Cash injection for billionaire Jim Ratcliffe’s Ineos site in central belt of Scotland will help safeguard 500 jobs
Jared Kushner’s firm exits takeover battle for Warner Bros Discovery Affinity Partners, key backer of hostile bid by Paramount, reportedly steps back following scrutiny of Kushner’s role