Business

Chancellor John Healey has unveiled the long-anticipated budget, the first for Prime Minister Andy Burnham.

The Federal Reserve has left interest rates unchanged - despite persistently high inflation and repeated calls from Donald Trump to lower borrowing costs. 

JPMorgan Chase will pay additional taxes of between £100m and £150m as a result of the corporation tax surcharge hike announced by John Healey in his budget on Wednesday - a bill which could renew doubts about the construction of its new London headquarters.

EY, the big four accountancy firm, has landed a £15m contract to supervise Thames Water, the troubled water utility which stands on the brink of collapse.

A former City minister has raised millions of pounds in funding for an AI-driven start-up which will target the vast global insurance broking market.

The directors recruited to steer Poundland through its emergency sale process less than two weeks ago are on the brink of resigning, heightening the risk that one of Britain's biggest discount retailers will collapse within days, risking thousands of job losses.

Virgin Atlantic Airways has reacted furiously after Heathrow Airport decided to force its joint venture partner to relocate to another terminal - a move it warned would risk driving fares up for passengers.

Another of the UK's biggest banks has posted billions in profits in part thanks to higher interest rates.

Artificial intelligence giant Anthropic, the company behind the popular Claude chatbot, has filed papers to sell shares to the public for the first time.