Business

BusinessNorth Sea wind farms held up by cable shortage, developers warn

Turbines are ready but the high-voltage lines to bring power ashore are years behind, threatening Britain's 2030 clean-power target

BusinessCity banks plan 4,000 job cuts as lending margins narrow

Falling interest rates were meant to lift the economy. For the banks, they have squeezed the spread between what they pay savers and charge borrowers

Business‘The OpenAI of trading’: inside the British lab that wants an AI to run the book

Foresight Research says its flagship model, Oracle, reads markets and news and trades without a human in the loop. It has yet to show the City its record

LiveFTSE 100 edges higher as traders reassess rate path; pound steady

Blue-chip index up 0.3% in afternoon trading, led by industrials; gilt yields little changed