Business News

Inflation has remained relatively high, meaning goods are becoming more expensive, particularly the cost of food, official figures show.

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The investor which swooped on WH Smith's high street business earlier this year is in pole position to snap up the British operations of Claire's, the accessories retailer which collapsed last month.

Some of the biggest US technology companies have pledged billions of pounds of investment to turbocharge Britain's artificial intelligence (AI) industry, as the two countries announce a landmark technology deal.

The UK steel industry body has said it is "disappointing" that exports of the metal will be hit with 25% tariffs.

Toothfairy, a digital dentistry service, is putting its money where its mouth is by securing £10m (£7.3m) from a syndicate of international investors.

The co-founder of Ben & Jerry's ice cream has said he has a "broken heart" after quitting the company amid a row with its UK owner.

The NHS will increase the amount it spends on medicines in response to criticism from pharmaceutical companies that the UK is becoming uncompetitive, science minister Lord Vallance has told MPs.

There are "no discussions around taxpayers' money" to prop up Jaguar Land Rover's (JLR) suppliers, according to the prime minister's official spokesman, as the carmaker grapples with a lengthening production shutdown following last month's cyber attack.

The state pension is likely to rise by 4.7% in April, after the latest official figures showed this was the pace of wage growth.