Business

Aston Martin has reported a dramatic escalation in losses as Donald Trump’s new tariffs on UK car imports and weakening demand from China batter the luxury carmaker’s finances. The company posted a £112 million pre-tax…

Former chancellor Jeremy Hunt has hit back at suggestions that the Office for Budget Responsibility (OBR) and past Tory tax cuts are to blame for Labour’s worsening fiscal position, calling the claim “ridiculous” and accusing…

British businesses are wasting more than £13 billion a year in lost productivity as middle managers spend weeks dealing with avoidable, low-value work, according to new research by YouGov. The findings — published in the…

Entrepreneurs with ambitions to build the next big dating platform are being offered a fast-track route from concept to creation, thanks to a new incubator programme launched by dating industry pioneer Nicky Wake. The initiative…

Three of Ireland’s best-known businessmen — JP McManus, John Magnier and Dermot Desmond — have sold Barchester Healthcare, the UK’s largest private care home operator, to US real estate giant Welltower in a landmark £5.2…

OpenAI, the maker of ChatGPT, has completed a sweeping corporate overhaul that values the company at $500 billion, paving the way for it to become a fully fledged for-profit enterprise and one of the world’s…

Steven Bartlett, the entrepreneur and Diary of a CEO host, has revealed his business empire has been valued at $425 million (£320 million) following a major eight-figure investment — a deal that cements his position…

Global stock markets climbed to record highs on Tuesday as investors bet on falling interest rates and renewed optimism over global growth — with Apple reaching a $4 trillion market valuation for the first time.…

BT Group is reportedly weighing plans to launch a new low-cost mobile brand as part of a potential strategy to compete with a wave of new market entrants — including fintech heavyweights Revolut and Monzo,…

Trump Media & Technology Group (TMTG), the parent company of Truth Social, has announced a groundbreaking partnership with Crypto.com | Derivatives North America (CDNA) to launch the first-ever prediction markets embedded within a social media…