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Axing northern leg between Birmingham and Manchester will mean fewer seats on existing rail services, NAO says

Rise in demand for travel comes as customers increasingly pay for trips in instalments

Budget measure allows anyone staying abroad for 10 years to avoid death duties on global wealth

Distressed debt investor says asset managers and other companies should not have been hit by AI fears

Deal is latest example of consolidation in fast-growing sector providing alternative full-fibre networks

NBC and Eurosport among those using ‘creators’ to spur interest and reach wider audiences

Hock Tan is positioning the tech group’s $69bn software acquisition as a ‘sovereign’ alternative to Big Tech’s cloud services

Beijing clears regulatory hurdle holding up tech tie-up as trade tensions ease with Washington

US chipmaker and cloud software companies insist transaction will complete ‘soon’ despite missing Monday’s scheduled close

The worry for investors and regulators is that brokered deposits push regional banks into risky lending