Business News

A major Poundland supplier has urged the government to "thoroughly investigate" the conduct of its majority owner as the discount chain teeters on the brink of collapse.

Wall Street markets rose on Wednesday, reversing sharp early losses as Democrats continue to gain ground in the US midterm elections.

A company which has amassed a residential property management portfolio of more than 20,000 homes has landed tens of millions of pounds in funding to back its use of technology across an industry which has long resisted it.

The US Olympic & Paralympic Committee (USOPC) has kicked off talks with investors about a potential deal which could involve selling a stake in the commercial rights to Team USA ahead of a crucial sporting decade for the country.

Britain's leading airlines have warned the government that a little-noticed budget measure risks pushing up airfares for passengers.

Poundland's controlling shareholder has told the government it stands by its stewardship record even as it faces mounting pressure over the crisis which has left the discount retailer on the brink of administration.

A major UK business group has called on the government to "fundamentally reassess" the country's relationship with the EU, as it said the current system is still "failing to deliver".

Artificial intelligence is "helping to industrialise cyber attacks" and is "highly likely" to be used in attacks on Britain's critical national infrastructure by 2028, the National Cyber Security Centre (NCSC) has warned.

Virgin Media ‌O2 (VMO2) is set to cut thousands of jobs, as it looks to save around £300m through "a reduction in the size of the workforce".

Energy giant Drax has announced plans to build an AI data centre on 4.5 hectares of land at its North Yorkshire site.