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Reeves is unlikely to hike these taxes because the Treasury says those earning £45,000 or less qualify as "working people".

The growth of AI has been blamed for the losses as Amazon said "this generation of AI is the most transformative technology we've seen since the internet".

Pimco has offloaded hundreds of millions of pounds of the utility's debt to hedge funds in recent weeks amid signs that the company is inching towards a private sector rescue deal, Sky News learns.

Prices have been on the up, and in some cases your favourite products are getting smaller too. A new report from Which? lays bare some notable examples of shrinkflation across the UK's supermarkets.

OpenAI reveals some 0.15% of its more than 800 million users send messages to its chatbot about suicide. The company says its tools are trained to direct people to professional resources such as crisis helplines, but admits this doesn't happen 9% of ...

UK regional airline Eastern Airways has suspended its operations - and passengers have been told not to turn up for flights.

From inheritance tax and pensions to stamp duty and fuel duty, the chancellor could target many different areas in her bid to plug a large black hole.

The New York-listed private equity giant is among a small number of parties in talks with Costa's owner, The Coca-Cola Company, about a takeover of the chain, Sky News learns.

Ethical hacker John Madelin speaks about the job, from limitless salaries to the threat of a paralysing attack on the UK, in the Money blog's Monday careers feature.

The failure of Petrofac, a company once valued at more than £6bn, has been a long time coming.