Consumers are expected to remain cautious in discretionary spending until further interest rate cuts are implemented, cautioned the CEO of Sainsbury’s, as the company reported a significant decline in Argos sales.

Amazon founder Jeff Bezos has announced plans to sell an additional 25 million shares in the tech giant, valued at nearly $5 billion (£3.9 billion), following a surge in the company's stock market value to a record high on Wednesday.

Marks & Spencer has faced criticism from shareholders over its decision to pay an annual dividend of just 3p per share, despite granting substantial bonuses to its executives.

Shell has halted construction on one of Europe's largest biofuel plants to address technical issues and manage costs, part of a broader effort by its CEO to enhance financial returns.

Manjit Dale, 59, co-founded TDR Capital with Stephen Robertson, 64, both former investment bankers who quietly amassed a fortune through leveraged buyouts over two decades.

BlackRock has agreed to acquire UK data firm Preqin for £2.55 billion ($3.23 billion) in cash, marking a significant expansion into alternative investments by the world's largest asset management company.

Tata Steel, owner of the Port Talbot steelworks, has decided to postpone the immediate shutdown of both blast furnaces at the plant following the cancellation of a strike by Unite. 

The Czech billionaire aiming to buy Royal Mail has confirmed he is considering offering employees a stake in the business. 

For the first time, UK households are facing higher electricity prices than anywhere else in the EU.