Business
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Humza Yousaf SNP win seen as ‘great opportunity’ for UK Labour party
Sir Keir Starmer, the UK Labour leader, is eyeing “a great opportunity” to rebuild his party’s battered position in Scotland’s…
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Scotland’s new first minister should govern for all Scots
It is a mark of Nicola Sturgeon’s impact on Scottish and UK politics that the contest to succeed her as…
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Disney’s Bob Iger sets out timeline for 7,000 job cuts
Bob Iger’s plan to attack streaming-boom era spending at Walt Disney will pick up steam this week as the company begins…
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Money pulled from eurozone banks at record rate in February
Depositors have withdrawn €214bn from eurozone banks over the past five months, with outflows hitting a record level in February,…
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Top Fed official blasts SVB collapse as ‘textbook case of mismanagement’
The Federal Reserve’s top official on banking supervision has blamed the collapse of Silicon Valley Bank on a “textbook case…
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Generative AI set to affect 300mn jobs in the US and Europe
The latest breakthroughs in artificial intelligence could lead to the automation of a quarter of the work done in the…
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Binance sued by US watchdog over registration rules
A US financial regulator has accused Binance and its chief executive Changpeng Zhao of operating illegally in the country, in…
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Gupta’s Liberty Steel thwarted as rival snaps up Aartee Bright Bar
The majority of collapsed steel group Aartee Bright Bar will be bought by Bradford-based Barrett Steel in a £13mn rescue…
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World Bank warns global economy at risk of lost decade of growth
The global economy is in danger of suffering a lost decade of growth, which would be even more severe if the…
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Final salary pensions have been uniquely horrible for UK plc
Last week’s round of interest rate rises was bad news for anyone needing to refinance debt. But if you are…
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