
OpenAI in talks to hand Trump’s White House a $43bn stake ahead of $1tn flotation
OpenAI is in talks to hand the US government a 5% stake worth $43bn as Sam Altman courts the Trump administration ahead of a $1tn New…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

OpenAI is in talks to hand the US government a 5% stake worth $43bn as Sam Altman courts the Trump administration ahead of a $1tn New…

The average Briton is more than a fifth poorer than in 2020, the steepest wealth fall in the rich world, UBS finds. What it means for…

Andrew Bailey says cutting interest rates is 'off the table' as the Iran war stokes inflation, signalling the Bank of England will hold Bank Rate at…

MPs on the public accounts committee warn Northern Powerhouse Rail risks an HS2-style fiasco, with no detailed design after 12 years and a £45bn budget "decoupled…

Royal Mail is capping festive business collections at three times normal capacity, and small firms warn the limit could throttle growth during their make-or-break Christmas trade.

Britain has overtaken India to claim the world's third-highest number of unicorns, with a record 80 billion-dollar start-ups worth £242.4bn, led by fintech and AI.

The CMA wants to break Apple and Google's "effective duopoly" by letting app developers steer users to cheaper payment options outside their app stores. Here's what…

UK business confidence slipped again in June as the Middle East war entered its fifth month, with factories hardest hit by energy costs, Lloyds finds.

Brompton has sold a 15% stake to Decathlon and China's BA Capital in an £18m deal to fund expansion in France and China, its largest market.

HMRC will not appeal the PGMOL ruling that football referees are self-employed. Dave Chaplin says the decade-long case lays bare flaws in the CEST tool and…

Rising employment costs are forcing thousands of owner-managers to absorb the bill themselves, squeezing profits, pensions and hiring alike

Bank of England chief economist Huw Pill says Brexit has left Britain exposed to 'self-sustaining' price rises, making inflation harder to tame and squeezing SMEs.

The British Business Bank has invested more than £600m into 50-plus UK scale-ups, doubling its direct equity activity in nine months as it targets £400m a…

Steve Reed is drawing up plans for a state-owned housebuilder that could borrow more cheaply than private firms, in a radical bid to lift Britain's stalling…

Sky's £1.6bn takeover of ITV's broadcasting arm is set to include a £2bn, five-year spending pledge to ITV Studios, securing the future of Coronation Street and…