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South East Water pays £2.3m dividend amid watchdog probe

Ofwat is investigating South East Water over service to customers and record in maintaining supply.

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Jacob Rees-Mogg’s investment management firm to close

The fund manager co-founded by the MP is winding down after reports it had lost its largest client.

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Shopping with cash rises for first time in a decade

People are using notes and coins as a way of budgeting while prices rise, says the British Retail Consortium.

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House prices rise again as mortgage rates ease

Prices rose 0.5% last month, Halifax says, and there are signs activity in the market is picking up.

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The people creating digital clones of themselves

Business leaders and experts are making online copies of themselves to answer the questions they get.

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ChatGPT tool could be abused by scammers and hackers

A cutting-edge tool from Open AI appears to be poorly moderated, allowing it to be abused by cyber-criminals.

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Tobacco giant sees sunset for US cigarette business

British American Tobacco said it could no longer value the business as if it had an infinite life.

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AOG Technics: UK fraud body makes arrest in aircraft parts probe

It has launched a criminal investigation into alleged fraud at aircraft parts supplier AOG Technics.

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Mortgage problems ease but many face ‘price shock’

The Bank of England says fewer households will struggle to keep up with mortgage payments than previously thought.

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EU to delay tariffs on UK electric cars until 2027

It comes after EU and UK carmakers said they were not ready for the change in post-Brexit trade rules.