business · The Guardian
Hackers behind $6.3bn Binance heist ‘used malware and bogus job interviews’
Firm reveals details about how its cryptocurrency exchange was compromised, saying operation began in June The hackers behind the $6.3bn (£4.7bn) Binance heist used bogus job interviews, malicious software and an interna
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Primark lacks fizz as it approaches its go-it-alone moment
After a profits dip, the chain’s demerger from its sister food company still makes sense but is unlikely to reveal tons of value Primark brings forward home deliveries plan by two years as profits slide The business logi
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Protect Poundland from predatory capitalism, MPs tell government
Budget retailer and 12,000 jobs at risk after US owner fails to accept buyout offers MPs have called on the government to protect Poundland and other high street stores from “predatory capitalism” and asset-stripping. Th
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Keeping mortgage interest relief approved
Homeowners can get tax relief of £3,500 on the money spent on the interstate of a mortgage.
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Primark brings forward home deliveries plan by two years as profits slide
Retailer acquires robot-assisted warehouse and intends to have UK service up and running before end of 2027 Primark is to begin making home deliveries by the end of next year as it aims to win new shoppers after a slide
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What's happening to UK interest rates and what does it mean for mortgages?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
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Guaranteed pension income ‘resurrected’ for 17m private sector workers
Ministers propose new guided retirement scheme to help give savers protection for life Millions of private sector workers will be offered a guaranteed pension income for life under new rules designed to help them get the
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Asda hires ex-Morrisons boss in bid to grow firm
David Potts takes charge of Asda, which is based in Leeds, with immediate effect.
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What in the World
Some employers create job ads with no intent to hire
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Car finance: Barclays becomes first big lender to offer payouts for mis-selling of loans
Bank to make ‘early settlement’ offers before outcome of legal battle, with those who accept likely to get money before Christmas Barclays will this month start offering compensation to tens of thousands of people who cl
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Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings
Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer service Business live – latest updates Virgin Media O2 is to cut thousands of jobs in an £800m cost-cut
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Car finance compensation payments explained
Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.
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Drivers may get compensation offers before car finance saga ends
The regulator says it supports lenders offering early compensation offers, as long as they are fair.
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UK’s most polluting power plant could power country’s largest AI datacentre
Drax’s FTSE 250 owner strikes £20bn deal to build infrastructure in what it says is site’s ‘next chapter’ Britain’s most polluting power plant could soon power the country’s largest datacentre under a £20bn deal to build
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Proposal for free bus service scrapped
The one-year free bus service pilot was initially put forward as an amendment to next year's budget.
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'Quiet quitting' could be hitting the economy - here's why
Britons have become less engaged with the jobs they do and are less willing to put in extra effort, a report has found.
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Apple unsure when it will get more foldable iPhones ahead of Christmas
The tech giant reports strong sales but admits "constraints" are affecting supplies of the iPhone Duo.
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Asda appoints former Morrisons boss as chief executive as sales struggle
David Potts to take over immediately as executive chair Allan Leighton steps back to non-executive strategic role Business live – latest updates Asda has appointed David Potts, the 69-year-old former boss of Morrisons, a
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UK and EU agree deal to remove Brexit checks on food and animal products
Agreement to ease rules on food imports and exports is expected to come into force in first quarter of 2028 The EU and the UK have completed their deal to remove Brexit checks on imports and exports of food and animal pr
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Apple warns of ‘unprecedented’ rise in memory chip prices
iPhone maker says decision to raise prices has offset some of impact, as revenues are stronger than expected Business live – latest updates Apple has warned of an “unprecedented” rise in memory chip prices, as it battles
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John Lewis Christmas ad stars Kristin Scott Thomas as glamorous granny on a gift hunt
Company tugs at heartstrings with Pickles the talking toy dog as it celebrates 20 years of blockbuster festive ads Review: Kristin Scott Thomas v Pickles the evil AI overlord puppy John Lewis has turned to a celebrity be
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From scooters to shampoo - the people saving hundreds from dumpster diving
The men and women who rummage through commercial bins to take clothes and other items.
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UK job satisfaction at record low amid rising frustration over pay and flexible working
Resolution Foundation study finds workers are less willing to go ‘above and beyond for employers than a decade ago’ Job satisfaction among UK workers has dropped to a record low, according to a study that shows a growing
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‘It brings soul into this sterile world’: the Birmingham clubbers fighting to save their patch – and Britain’s nightlife
Digbeth is the city’s most thriving party district, but railway upgrades could tear it apart. Here, clubbers explain why they are doing everything to stop that happening House beats ring out through the open air while a
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Christmas 2026 stamps unveiled by Royal Mail
The annual Christmas collection of five stamps feature scenes from the Nativity.
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British Airways lost my father’s vital life-saving machine
He needs a dialysis machine to survive, but on a flight it was first damaged, then it was lost My father suffers from terminal renal failure and relies on a highly specific dialysis machine every night to survive. Britis
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Business Daily
We trace the gold supply chain from a mine to a Delhi jeweller
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British Gas resumes force-fitting prepay meters months after £112m settlement
Regulators lift block on supplier, enabling it to install meters in homes of people unable to afford energy bills British Gas has resumed force-fitting prepay meters in the homes of people unable to afford their energy b
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'It's a form of terrorism': fridges across Europe hit by suspected cyber-attacks – video
Supermarket chains in at least seven European countries have said the temperatures of refrigerators and freezers in some of their shops soared overnight to as high as 50C (122F), echoing a cyber-attack last month that ca
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Who is hacking Europe’s supermarket fridges and freezers, and why?
After a second apparent cyber-attack in weeks, we examine possible culprits and their motives Shop fridges and freezers across Europe hit by fresh suspected cyber-attack Supermarket fridges and freezers in seven European
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Shop freezers in seven European countries hit by cyber-attack
The temperature of freezers in several shops across Europe reportedly rose to as high as 50C.
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Brickmaker’s woes deepen the UK housebuilding gloom
Ibstock has issued a thumping profits warning, with sales 22% below expectations in the third quarter With John Healey’s Your First Home scheme on the way, is the mood improving in the housebuilding sector? A couple of t
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Trump promised a steel mill in this rural Iowa region. But is it all a midterm election ploy?
Residents would welcome the development, but the president’s past false promises cast doubt on the proposal On a Monday afternoon in late September, Donald Trump gathered Iowa Republicans in the Oval Office to make a big
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Tomb Raider’s creators on how the game changed their lives: ‘Skint staff were suddenly pulling up in sports cars’
‘Giving Lara Croft pistols meant we could show off her acrobatics. And when she goes to Peru, we threw in a T rex!’ I joined Core Design in the summer of 1994 and met Toby Gard, who showed me his concept sketches for Tom
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Chinese cigarettes and Bolivian beer: the Amazonian town transformed by a rampant mining boom
Mayaya, once-remote, has become a hub for Chinese companies. But critics accuse them of exploitation and illegal exports The pork belly hits the oil with a sizzle, and a rich aroma of soy sauce and caramelising sugar fil
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Poundland's former owner offers to invest as minister prepares to meet board
Wolverhampton's Steve Smith said he wants to put some money back into the firm he started.
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Snowball fight: Cadbury owner in trademark row over festive chocolate treat
Mini Snow Balls’ maker Mondelēz is demanding vegan brand Moo Free remove its White Choccy Snowballs from shelves Toblerone owner sues British vegan chocolate brand over chunky shape The owner of Cadbury and Toblerone has
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Ryanair says it may freeze workers' pay and raise airfares
The airline says fuel prices may rise by €2bn in 2028 unless there is an end to the US-Israel war with Iran.
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I’m a wealthy Californian. The billionaire tax is a win for everyone | George Zimmer
The measure would ease inequality and bolster healthcare – without draining our coffers or triggering a billionaire exodus On Tuesday, California voters will decide whether to enact Proposition 40 , a one-time, 5% tax on
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Prediction market bettors are the new political pundits. Why are we listening to them? | Judith Levine
Sites like Kalshi and Polymarket offer faux populism as elites reap the benefits – and voters risk being misled Online betting is a bit like Donald Trump. The prediction markets – platforms where users bet on whether eve
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It’s time to block reckless AI IPOs and tax billionaires | Naomi Klein and Ilana Glazer
We cannot let the billionaire class take unprecedented risks with our future America is a divided country in crisis. Despite the sunny economic forecast coming from the Trump administration, millions of Americans are str
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‘They assume the man next to me is the owner’: four women doing business in Africa in their own way
From feeding schoolchildren to recycling tyres, these entrepreneurs are challenging stereotypes while solving social and environmental problems Africa is thought to have a higher proportion of female entrepreneurs than a
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Binance users withdraw $3.6bn after largest-ever crypto hack
The exchange froze transactions following the incident which has been linked to a North Korean group.
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What to look for if you’re buying a smart lock in the UK
More people are fitting keyless devices to their front door – but are they worth it and do they affect your insurance? As the nights draw in, thoughts turn to home security. A growing number of British homeowners are cho
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Millions in UK brace to remortgage on worse deals as rate rise looms
More than 2.3m households face jump in payments in 2027, after expected increase in Bank of England rate this week More than 2.3m UK households face a sharp rise in mortgage payments as they come off fixed-rate deals in
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A perfect storm: how the super El Niño is devastating the fishing industry – podcast
Peru’s anchoveta have made up about a 10th of the entire global commercial fishing catch since 1970, more than any other fish. A combination of warming seas and decades-long overfishing spells disaster By Geoff Mann. Rea
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Don't get caught out by new Buy Now Pay Later rules
New affordability checks mean you could be blocked from using Buy Now Pay Later but here are ways to avoid it.
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How Rachel Reeves has mapped out the economic agenda for Andy Burnham’s government
On Brexit, devolution and investment, the former chancellor is eerily in tune with the man who sacked her Reeves says UK’s future is in the EU Which senior politician has argued that “Brexit did deep damage” and that the
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Virgin Media O2 set to cut thousands of jobs to reduce costs
The broadband firm has not finalised numbers but it is likely be a sizeable chunk of staff, the BBC understands.
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The measure slipped into UK budget that could protect spending on children, youth and rough sleeping | Heather Stewart
PDEL, which will ringfence money for preventive policies, marks a welcome and potentially consequential addition John Healey’s debut budget was far from a blockbuster, but it may come to be remembered for the birth of a
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Fashion and tradition: how John Smedley is innovating in a tough market
In the final article in a series on high-end British manufacturing we look at a clothing brand that dates to the 18th century but is increasingly on-trend Making jeans again: the Hiut Denim factory in Cardigan Rolls-Royc
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A gift to scammers: why you should probably keep your birthday a secret
Using a fake DOB or leaving the field blank when making an online account can offer protection from identity theft You get a call from your bank saying there has been suspicious activity on your account. They read out yo
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Piles of rubbish, power cuts and potholes: anger grows over Johannesburg’s run-down infrastructure
The problems run deep in South Africa’s largest city. Will voters punish the ANC in next week’s local elections? One week before the local elections in South Africa, the pavements and roads of the Johannesburg township A
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No more washing up: How Airbnb's new house rules have divided hosts and guests
Airbnb hosts must stop asking guests to wash-up or take out bins under rules coming into force in November.
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A-listers and AI stylists: how high-street brands are staging a fashion comeback
Gap, M&S, Topshop and more are taking a leaf from luxury label playbooks to satisfy savvier generation of shoppers High street brands that boomed in the noughties before the squeeze of both sustainably minded consumers a
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Mill 19: a creative hub built into a former steel factory
In Pittsburgh, Pennsylviania, a post-industrial site gets a second life Continue reading...
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Why politicians chasing economic growth is a lie | Radical Thinking with Aditya Chakrabortty
What if someone told you the truth about the economy? For years, UK governments have tried spending more, spending less, cutting red tape, leaving the EU, levelling up, and they have still failed to increase growth per p
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Budget 2026: how to beat the new savings tax rates
John Healey’s budget offered a ‘sting in the tail’ for savers by raising tax rates but there are ways to ease the pain Savers were both winners and losers in Wednesday’s budget . In his first outing as chancellor, John H
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Why North Korea's 'elite' hackers are the prime suspect in major Binance hack
If the accusations are true, the record-making heist shows how powerful suspected North Korean hackers have become.
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US tech stocks see sharp falls as AI spending nears $1tn
Shares in Intel continue to fall while the tech-heavy Nasdaq opens at its lowest level in more than two months.
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City of London chief tops UK Black Powerlist
Ian Thomas, who heads the City of London Corporation, tops the Black Powerlist in its 21st year.
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Binance's $6.3bn crypto hack biggest in history
Cryptocurrency giant Binance said on Thursday that $6.3bn (£4.7bn) of digital assets have been impacted by what is thought to be the biggest crypto hack on record.
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How video game remakes tap the power of nostalgia
Video games are good at triggering nostalgia, a key reason why classic games keep getting remade.
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Who should pay on the first date?
Yasmin Rufo asks New Yorkers who picks up the bill on a first date, and how much they usually spend.
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'I live with a ghost' - inside the haunted homes attracting bargain hunters
Properties where someone has died in tragic circumstances can have big reductions in price.
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'An annoying buzz': The search for stealthier drones
As drone deliveries become more commonplace, their makers are looking for ways to make them quieter.
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The Indian workers filming their work to train AI
Indian workers are being paid to film themselves at work and the footage is used to train AI.
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The grads ditching the UK for a fresh start abroad
With graduate jobs hard to come by, more young adults are reported to be considering emigrating.
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The tech helping crack decades-old cold cases
Investigative genetic genealogy can help hunt down criminals but raises worries over privacy.
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Living with a stink? Technology might help
Smells from rubbish dumps and industrial facilities are being more carefully monitored.
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As Christmas rush looms, how do China-made toys find their way to the US?
With the festive season on the horizon, we trace toys from factories in China to US shelves.
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How long will humans be needed for translation?
AI dominates the translation business, but for high-stakes work, humans are still needed.
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Why are more roofs not made of solar tiles?
Solar tiles were touted as an attractive alternative to solar panels - why have they not taken off?
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How oil-rich Alberta's economy might fare if it broke away from Canada
Albertans vote this month on staying in Canada or moving ahead to a binding independence referendum.
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Rainmakers: The drones used to seed clouds
Cloud seeding is gaining attention as countries look to boost rainfall - will drones help?
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The AI telling farmers when to harvest
Will farmers want AI tools to help judge when to pick fruit, or is their own intuition enough?
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My hometown shows that high streets have to change or die
Aberdeen is launching an ambitious bid to revive its struggling centre. Could it offer lessons for other high streets?
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Europe's car makers are in crisis. Will the threat of war rescue them?
Auto executives across Europe hope rearmament can help them flex their industrial muscles once more.
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Aviation faces hotter, stormier skies – and passengers might have to accept more disruption
Are people going to have to increasingly accept more delays and diversions as the effects of climate change intensify?
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Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
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Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
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