UK Watch

IBM to invest $150bn in US manufacturing over next five years Computer business is latest example of a US technology group boosting its home investment since President Trump’s punitive global tariffs were unveiled

Carbon taxes ‘force Ineos to halt energy efficiency projects’ Sir Jim Ratcliffe lashes out after pausing investment at his Grangemouth site following a £15 million bill for carbon emissions

BP cuts spending and strategy chief steps down as profits halve Activist investor Elliott ratchets up pressure as FTSE 100 oil company reports lower-than-expected first-quarter profits of $1.38 billion