Category: Business

British AI datacentre firm Nscale raises $2bn as Sheryl Sandberg and Nick Clegg join board

London-based startup, which is vital to the government’s artificial intelligence ambitions, is now valued at $14.6bn UK’s multibillion AI drive is built on ‘phantom investments’The Essex supercomputer...

Read More

Lengthy US-Iran war would affect ‘lives and households of everybody’, says Starmer

Ministers understood to be considering ways to mitigate rising energy bills as oil prices surpass $100 a barrelMiddle East crisis – live updatesUK politics live – latest updatesKeir Starmer has said that a long-term...

Read More

UK interest rate cuts unlikely this year amid Iran war – and a rise could be ahead

Markets predict Bank of England will hold rates in 2026 as bond yields soar on forecasts of prolonged conflictIran war drives oil prices above $100 a barrelBusiness live – latest updatesUK interest rates are not expected...

Read More

War in Middle East ‘could wipe out growth in UK living standards’

Rising oil and gas prices may affect increase of £300 a year for typical working-age households, says leading thinktankBusiness live – latest updatesThe Middle East crisis could trigger an energy price shock that...

Read More

Unemployment set to hit 5.3% this year amid ‘worrying’ rise in young jobless

OBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertaintyUnemployment in the UK is set to peak this year at a higher rate than previously estimated, with a...

Read More

Spring forecast: UK unemployment expected ‘to peak at 5.3%’ as Reeves says her economic plan is ‘right one’ – live updates

Chancellor’s statement comes amid backdrop of economic and geopolitical turmoil, including gas prices at three-year highRachel Reeves’s plans could be hit by Middle East conflict, say economistsUK grocery price...

Read More
Loading

Breaking News

prev next