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The Latest Breaking News from Business

Business Secretary dismisses idea of ‘magic wealth tax’ as ‘daft’

Wales’s First Minister Baroness Eluned Morgan has called for a wealth tax.

Evening Standard

UK India trade: 'Never a better time to invest in London,' says Sadiq Khan as Starmer and Modi sign deal

British workers will not be undercut by the agreement, says Business Secretary Jonathan Reynolds

Evening Standard

Labour Government ‘deeply committed’ to recognising Palestine, Reynolds says

Sir Keir Starmer is under pressure from within his own party to recognise a Palestinian state as the humanitarian crisis in Gaza continues.

Evening Standard

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Microsoft launches Intel-exclusive Surface Laptop 5G with reengineered design — but it's SHOCKINGLY expensive

The Surface Laptop 7 with 5G is now available to order, but only for business customers and with an Intel Core Ultra chip. The device will ship on August 26 and starts at an eyewatering $1,799.

Windows Central

Slack users get more AI, at a more unified price - and every Salesforce user now gets free Slack access

Free Slack users are about to get more Salesforce tech, while paying customers will get varying levels of AI.

TechRadar

Parents who lose pregnancy before 24 weeks to be entitled to bereavement leave

Deputy Prime Minister Angela Rayner said the change would give ‘people time away from work to grieve’

Evening Standard

Ban on ‘exploitative’ zero-hours contracts to come into effect in 2027

Ministers have opted for a phased rollout of the changes to allow businesses time to prepare.

Evening Standard

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Cabinet minister urges MPs to back welfare Bill as rebellion looms

Business Secretary Jonathan Reynolds appealed to backbenchers to support the Bill ahead of a crunch vote on Tuesday.

Evening Standard

Ministers launch full review of parental leave as current system ‘not working’

The Government will investigate the whole system for supporting new parents to take time off work when they have a baby.

Evening Standard

Ministers tighten steel safeguards to ward off cheap foreign imports

Business Secretary Jonathan Reynolds said the Government was ‘unapologetic in our support for the UK steel sector’.

The Independent UK

Business news live: Nike fears $1bn Trump tariff hit, plus why oil prices are now rebounding

Stock markets updates and business news from Friday

The Independent UK

Starmer puts skills training at heart of industrial strategy plan

The decade-long industrial strategy will include £275 million in skills investment to train Britons to do jobs in growth industries.

Evening Standard

UK ‘ready to go’ on implementing US trade deal, says Business Secretary

Jonathan Reynolds suggested the White House was responsible for the hold-up.

Evening Standard

You Can Save Up To $3,000 On A Bunch Of GM EVs At Costco

The Chevrolet Silverado EV, GMC Sierra EV and Chevy Equinox EV are on the list.

InsideEVs

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The Independent UK

Reeves urged to raise taxes and cut public spending as UK growth to stall after Trump tariffs

Labour chancellor under pressure from the OECD ahead of upcoming spending review

MarketBeat

$30B AI Opportunity: Will It Power Meta’s Next Surge?

One Wall Street analyst sees an emerging AI opportunity for Meta worth north of $30 billion. What is the outlook for Meta's lofty business messaging ambitions?

Evening Standard

Ministers under fire amid concern over impact of trade deals on Northern Ireland

Business Secretary Jonathan Reynolds attempted to ease concerns in his response to an urgent question in the House of Commons.

The Independent UK

UK-US trade deal was needed to save 150,000 livelihoods, Labour minister says

The business secretary says the UK is ‘better off’ but would still ‘rather be in a world where there were no tariffs’

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Evening Standard

Trade deal was needed urgently to save 150,000 livelihoods, says senior minister

Darren Jones was resolute about the need for the deal, as he faced suggestions the UK still remains in a worse situation than before tariffs began.

TechRadar

I tried HostTracker website monitoring and found it to be great value for money for all business sizes

Great value for money; ideal for all business sizes

Evening Standard

Anti-China rhetoric over British Steel is absurd, says country’s embassy

A spokesperson for the embassy said individual UK politicians have shown ‘arrogance, ignorance and twisted mindset’.

Evening Standard

Reynolds says Chinese firms would be viewed ‘in different way’ over steel bids

But the Business Secretary added that the dispute over the North Lincolnshire site was because of ‘one specific company’.

Evening Standard

Supplies arrive in UK as Government rushes to save British Steel Scunthorpe site

Ministers have taken control to ensure supplies such as coking coal and iron ore reach the site after talks with its Chinese owner broke down.

The Independent UK

Supplies to be sent to Scunthorpe steel plant to keep blast furnaces burning

The Government has taken control of British Steel and are facing a race against time to get material such as coking coal and iron ore to the site.

Evening Standard

Comparing Port Talbot with Scunthorpe ‘not entirely fair’, says union official

Business Secretary Jonathan Reynolds has new powers to control steelworks in England.

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