Business

The UK is in a "deeply uncomfortable" fiscal position ahead of next month's budget, experts have warned, after government borrowing costs soared to a near 30-year high amid growing pressure on global bond yields.

Three directors of a tree-planting company have been jailed after running a £70m investment scam that duped thousands of people, including many pensioners, out of their savings.

An auction of Very Group, one of Britain's biggest online retailers, is close to being scrapped after potential bidders including the Chinese behemoth JD.com refused to meet the £2bn asking price.

Uber has stopped its operations in Nigeria and Uganda with immediate effect – citing "a thorough review of our business" as its reason for shutting down in the former.

An artificial intelligence start-up advised by Sir Jeremy Fleming, the former GCHQ director, has landed a seven-figure sum as it seeks to become a global leader in enabling businesses to safely use agentic AI.

The investment firm which is on the verge of buying Britain's biggest private hospitals group is planning to install a seasoned industry executive as its new boss.

Tim Davie, the former BBC director-general, is returning to the private sector with roles at a pair of companies backed by KKR, one of the world's largest investment firms.

The owner of Poundland is racing to agree a sale of the discount retailer within weeks as it seeks to finalise new ownership ahead of the crucial Christmas trading period.

A bogus listing for 10 Downing Street was able to be set up on Booking.com in an investigation by a consumer watchdog.

Roughly one million people are set to receive letters from HMRC entitling them to £53 on average.