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      London Town Clerk: I love the wardrobe – the tights connect me to the City’s heritage

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In a rush
LIVE: BANK OF ENGLAND RATE DECISION DUE IMMINENTLY

Apple

  • US tech stocks slide as Microsoft rout sharpens AI spending doubts

    Tech

    US technology stocks sold off sharply on Thursday, as a bruising slump in Microsoft sparked investor unease over how long it will take for mass AI investments to pay off. The tech-heavy Nasdaq Composite closed down 0.72 per cent at 23,685, weighed down by heavy losses across software giants. The S&P 500 slipped 0.13 per [...]

    UK fintech is on the rise but so are some firms complaints.
  • Women’s Super League chief paid £531,000 as it made £2.4m loss

    Sport Business

    The highest earner at the independent company set up to run the Women’s Super League, believed to be chief executive Nikki Doucet, was paid £531,000 as it made a £2.4m loss. Accounts published by Companies House reveal the finances in the first year of Women’s Super League Football Limited, which took over management of the [...]

    Breaking news headline with generic layout and abstract design, representing a general news category on a business website.
  • Billion-dollar regulatory fines fail to dent Big Tech

    Tech

    For the world’s biggest tech firms, regulatory penalties are no longer a consequential financial event. Alphabet, Apple, Meta and Amazon were fined a combined $7.8bn (£6.2bn) in 2025 for breaches of competition and privacy rules, according to a new Proton report. And while that sounds like a hefty number, in practice, it would have taken [...]

    Apple launched a legal challenge to the Tribunal in March against a Home Office order to create back-door access to the US technology company’s most secure cloud storage systems.
  • Meta, Apple, Microsoft, Tesla: Big Tech earnings set to test AI bets

    January 27, 2026

    This week marks one of the most consequential stretches of tech earnings season, with results due from Meta, Microsoft, Tesla and Apple, four giants that sit at the heart of both the market rally and the debate over whether Big Tech’s vast AI spending will ultimately pay off. It is the second-busiest week of the fourth-quarter earnings season, with 103 [...]

  • The Magnificent 7 in 2025 – and the survival of the richest

    December 31, 2025

    In the spirit of end-of-year round-ups, it is worth scrutinising the fortunes of the so-called Magnificent Seven: Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla and their dominance of global equity markets, which shows no signs of abating. Yet 2025 was a year that highlighted both the extraordinary influence and the vulnerabilities of these mega-cap [...]

  • Why Apple’s Formula 1 deal is setting the trends into 2026

    December 29, 2025

    In late 2025 streaming player Apple announced it would be ditching its Stateside MLS deal early. The platform confirmed, however, that it would pick up the rights to Formula 1 in the United States. The deal could be worth $140m a year, but what does it mean for sport? On first appraisal, the new agreement [...]

  • AI bubble fears: Which of the Magnificent Seven will pop?

    November 17, 2025

    The spectacle of the so-called Magnificent Seven – Alphabet, Amazon, Apple, Tesla, Meta, Microsoft, and Nvidia – has been the defining market story of this generation. Synonymous with the AI boom, their collective valuation, now commanding a fifth of global markets, is underpinned by the fervent belief that they alone will win the AI arms [...]

  • When companies can outspend countries, they set the political agenda

    November 5, 2025

    When Nvidia is bigger than the GDP of Germany, the implications for national sovereignty are deeply uncomfortable, says Steve Rigby We like to imagine that the great contests of innovation are fought between nations: the US versus China; Europe versus Asia; governments vying for technological leadership. That framing is already outdated. The real race is [...]

  • AI bubble fears dismissed as sector bets on lasting tech boom

    October 31, 2025

    Federal reserve chair Jerome Powell recently poured cold water on mounting fears that the AI boom is heading for a spectacular bust, arguing that the current surge in investment bears little resemblance to the dot-com frenzy that ended in tears two decades ago. In a press conference following the Fed’s latest rate decision this week, [...]

  • Apple and Amazon defy Wall Street gloom on iPhone and cloud sales

    October 31, 2025

    Tech behemoths Apple and Amazon have defied expectations with results that outshone Wall Street forecasts, rounding off a big week of earnings from the world’s most powerful firms. Both companies posted double-digit revenue growth and upbeat outlooks, calming investor nerves after a rocky few days for the wider tech sector. While Apple reported a surge [...]

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