Business News

Donald Trump has said he plans to hit Canada with a 35% tariff on imported goods, as he warned of a blanket 15 or 20% hike for most other countries.

The government is speeding up its adoption of AI to try and encourage economic growth - with backing from Facebook parent Meta.

Four people have been arrested by police investigating cyber attacks targeting M&S, Co-op and Harrods.

A handbag has sold for €8.6m (£7.4m) - becoming the most valuable ever sold at auction.

A New York-listed company with a valuation of more than $21bn is to snap up Space NK, the British high street beauty chain.

The owner of the television producer behind Squid Game: The Challenge and Call The Midwife is among the suitors circling Whisper Group, the firm founded by broadcaster Jake Humphrey and former racing driver David Coulthard.

South West Water has agreed to pay a £24m penalty for wastewater spillages, the water regulator said.

Royal Mail is to be allowed to scrap Saturday second-class stamp deliveries, under a series of reforms proposed by the communications regulator.

A former boss of Virgin Money is joining Britain's fourth-biggest home energy supplier as it explores options including a merger with one of its biggest rivals.

The UK economy unexpectedly shrank in May, even after the worst of Donald Trump's tariffs were paused, official figures showed.