Markets rally as central bank hints at first rate cut since 2020The FTSE 100 closed at a record high and the pound strengthened after policymakers said inflation was 'on a sustainable path'.Nadia Petrova, Economics editor·6h ago
High street giant to close 120 stores in restructuringUp to 3,000 jobs are at risk as the retailer shifts investment online after another year of falling footfall.Oliver Baines·12h ago
Airline profits soar as travellers shrug off higher faresThe carrier reported a 40% jump in annual profit and said demand for summer bookings was 'exceptionally strong'.Lucy Chen·21h ago
Start-up valuations tumble as investors demand path to profitVenture funding fell to its lowest level in six years as founders face a tougher fundraising climate.Sam Whitaker in San Francisco·1d ago