Business

OpenAI, the creator of ChatGPT, has overtaken Elon Musk’s SpaceX to become the world’s most valuable startup, after a share sale pushed its valuation to $500 billion. The deal saw current and former OpenAI employees…

The Treasury is weighing plans to grant newly listed companies a stamp duty exemption in November’s autumn budget, as ministers look to revive London’s competitiveness as a global IPO hub. Officials are considering a two-…

Currys, the UK’s largest electricals retailer, has scrapped its board-level ESG committee, effectively ending formal oversight of environmental, social and governance issues at the highest level of the company. The decision comes as regulation and…

Tesco has warned that the UK grocery sector faces an intensifying price battle in the run-up to Christmas, even as it raised its full-year profit forecast after winning market share over the summer. The UK’s…

Series, the viral college networking startup, has appointed a humanoid robot as its Chief Marketing Officer (CMO) — and launched the announcement with a campus-wide takeover at Harvard. The robot, named Uri, is a Unitree…

Jellycat, the British toymaker behind viral plush toys such as sad-faced eggs and smiling peanuts, is set to pay its owners a £110m dividend after profits more than doubled in 2024. The privately owned company…

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Currys, the UK’s largest electricals retailer, has scrapped its board-level ESG committee, effectively ending formal oversight of environmental, social and governance issues at the highest level of the company. The decision comes as regulation and…

Tesco has warned that the UK grocery sector faces an intensifying price battle in the run-up to Christmas, even as it raised its full-year profit forecast after winning market share over the summer. The UK’s…

London’s business community is facing a new and costly challenge. A recent surge in bed bug infestations has created significant headaches for landlords, property managers and small business owners across the capital. From rental flats…