Business news
Topic hub for business coverage. Each story links to the original publisher.
Unions gain access to thousands of Google workers after UK employment rights
Unions gain access to thousands of Google workers after UK employment rights overhaul. Google UK and Prospect union have signed an access agreement, allowing unions to communicate with non-unionized workers.
The Guardian Australia – Business · 5 hours ago
Snowball fight: Cadbury owner in trademark row over festive chocolate treat
Cadbury and Toblerone are disputing their right to trademark Snowball shapes for their Christmas confections. The owner of Cadbury, Mondelēz International, demanded that its owner, Moo Free, remove Snowballs from shelves, which led to their lawsuit.
The Guardian Australia – Business · 5 hours ago
UK’s largest brickmaker hit by sales slump as housebuilding downturn deepens
UK brickmaker Ibstock faces sales slump and production cut as housebuilding downturn deepens; company criticises government for delay in housing sector help; sales slumped by 22% below expectations, leading to production cuts; Ibstock issued its second profit warning, citing UK brick market volumes declining by 17% in July-August; warning of near-term earnings headwind but necessary to align output with demand.
The Guardian Australia – Business · 6 hours ago
‘Sad lost souls’: Taika Waititi lambasts critics after Klara and the Sun
Taika Waititi, the director of "Klara and the Sun," criticized the low box office performance of "Klara and the Sun" at the North American box office, stating that the film achieved a dismal 16th place on the Rotten Tomatoes page, well below other similar films such as "You Can See Everything." Despite its dismal reception, "Klara and the Sun".
The Guardian Australia – Business · 6 hours ago
House prices are falling at their fastest pace in 40 years but
Headline: Home prices in Australia are falling at their fastest pace since 2008 and could still suffer for first-time homebuyers. National home values have dropped by 6. 7% since March, according to Cotality. A fifth-rate rise in interest rates could lead to a $63, 400 decline in median home prices, a 11% reduction in purchasing power for a couple.
7 News – Business · 8 hours ago
Nine big oil firms on track to share more than £95bn profit
Nine big oil companies, including Saudi Aramco and BP, are on track to make more than $95 billion in profit in the third quarter of 2021, driven by soaring fuel prices driven by the Iranian war and the rise of fossil fuels.
The Guardian Australia – Business · 11 hours ago
UK making up China policy ‘as it goes along’, MPs warn
UK policy on China: the Commons committee warns it has failed to deliver a coherent strategy and is endangering UK business deals with China.
The Guardian Australia – Business · 13 hours ago
National Grid to site biggest substation on Teesside, near planned AI datacentre
National Grid plans to site the largest substation in Teesside to power a datacentre, with a potential AI datacentre.
The Guardian Australia – Business · 1 day ago
High street ‘slot farms’ could evade budget tax rise through bingo hall
High street “slot farms” could evade budget tax rise through bingo hall loophole; 365 arcades licensed as bingo venues, with thousands struggling to claim discount.
The Guardian Australia – Business · 1 day ago
Railway engineering work over Christmas will cause 10 days of disruption
Railway work will be cancelled over Christmas in London and Birmingham due to a 10-day disruption. Most routes will remain open, but some sections may be cut off until January. Network Rail is working to improve reliability and capacity for the holiday period.
The Guardian Australia – Business · 2 days ago
BP profits jump as Middle East conflict drives up oil refining margins
BP reports a 20% jump in its third-quarter earnings to $8.46bn, up from $2.2bn a year ago. Analysts expect a bigger rise in the next quarter, but the oil giant already said its profits are 20% higher than expected.
The Guardian Australia – Business · 3 days ago
UK house price growth fizzling out; crypto industry rocked by $6.3bn Binance
The US tech giant, Binance, was hit by an $6.36 billion hack that left the cryptocurrency industry shaken. The North Korean hacking group, TraderTraitor, is blamed for the attack.
The Guardian Australia – Business · 3 days ago
Electrocutions, disease and no pay: how workers risk exploitation in Europe’s datacentres
Headline: Electrocutions, disease and no pay: how workers risk exploitation in Europe’s datacentres Article text: Electrocutions, disease and no pay: how workers risk exploitation in Europe’s datacentres Background: • A Guardian and Investigate Europe article reports that thousands of datacenters are being built in Europe, many in areas with no existing infrastructure.
The Guardian Australia – Business · 3 days ago
World’s largest crypto exchange investigating reports of potential hack
World’s largest crypto exchange Binance is investigating reports of a potential security issue. The incident involves funds being pilfered by hackers and the exchange has not confirmed whether funds have been pilfered.
The Guardian Australia – Business · 3 days ago
Meta discussed ‘whisper strategy’ against social media critic Jonathan Haidt, files show
Meta discussed a "whisper strategy" against social media critic Jonathan Haidt, who has inspired a global social media crackdown. The court documents show staff discussed ways to discredit Haidt, including "turning other academics against him" and a "whisper strategy" aimed at achieving a goal of disavowing.
The Guardian Australia – Business · 4 days ago
Eight of England’s nine water companies still failing on environment, report finds
In an environmental report, Dame Angela Eagle, the Environment Secretary, announced that despite billions of pounds invested in water companies, eight are still failing on environment, with the Drinking Water Inspectorate, Natural Resources Wales, Ofwat, and Environment Agency rating them "poor" or "requiring improvement".
The Guardian Australia – Business · 4 days ago
FTC orders Delta, Uber and others to hand over data on algorithmic
The Federal Trade Commission (FTC) ordered nine US airlines, ride-sharing companies, and retailers to hand over data on algorithmic pricing, due to concerns about price discrimination and misleading practices.
The Guardian Australia – Business · 4 days ago
Olympic equestrian says whipping ban stems from illegal video recording
Headline: Olympic equestrian says whipping ban stems from illegal video recording Article text: The Federation Equestre Internationale (FEI) banned Heath Ryan for 18 months after finding a video that showed him whipping a horse. Ryan is suing the FEI as well as Equestrian Australia for the video.
ABC News – Business · 4 days ago
Utah files criminal charges against prediction market Kalshi and company co-founders
Utah files criminal charges against prediction market Kalshi and company co-founders, accusing them of violating gambling laws and profiting from illegal activity.
The Guardian Australia – Business · 4 days ago
Embattled Bari Weiss says she is not ‘focused’ on declining 60 Minutes
Bari Weiss, the CBS News editor-in-chief, says she is not focused on declining 60 Minutes ratings, calling the show’s success “tremendously well”. She sidestepped concerns about diminished viewership at 60 Minutes by comparing it to the NFL. Weiss was also asked about parent company Skydance’s merger with Warner Bros Discovery.
The Guardian Australia – Business · 4 days ago
Budget 2026: £100 energy payment for millions and rise in bank tax
Budget 2026: £100 energy payment for millions and rise in bank tax as watchdog warns on stalling living standards – as it happened John Healey said the chancellor is planning to introduce a £100 energy payment for millions to help millions and rise in bank tax as watchdog warns on stalling living standards – as it happened.
The Guardian Australia – Business · 4 days ago
Budget winners and losers: pensioners and households gain as banks and betting
Budget winners and losers: pensioners and households gain as banks and betting shops hit The budget winners are pensioners and households, who benefit from tax breaks and reduced borrowing costs. The losers are those who are hit, such as banks, betting shops, and those who have to pay more taxes or reduce their borrowing.
The Guardian Australia – Business · 5 days ago
US lawmakers demand action on overcharging at 7-Eleven, Dollar General and other
US lawmakers are demanding action from the Federal Trade Commission (FTC) on overcharging issues at 7-Eleven, Dollar General, and other brands. The lawmakers are calling for an investigation into widespread pricing discrepancies and systemic failure in these companies' operations.
The Guardian Australia – Business · 5 days ago
Business secretary writes to Poundland owner as administration fears build
Jonathan Reynolds, the UK’s business secretary, wrote to Gordon Brothers, the US investment firm that purchased Poundland, to establish the latest situation at the company. Gordon Brothers, which owns Dealz, has rejected Martin Property Group's bid, which includes Northern Ireland's Martin Group, as a solvent company in its entirety.
The Guardian Australia – Business · 5 days ago
UK steelmakers face worst electricity cost gap versus Europe in three years
UK steelmakers face their worst electricity cost disadvantage versus European rivals in three years, with a premium over French counterparts rising to nearly £30 per megawatt hour. UK Steel's analysis blames reliance on gas-fired power generation amid global price surges. The gap threatens Britain's steel exports, worth approximately £3 billion annually, as the government seeks to reindustrialise manufacturing.
The Guardian Australia – Business · 14 days ago
