Biz update

The pop star formerly known as Posh Spice has taken nearly two decades to turn a profit.

Impatient to be the boss of an established company they are borrowing money to fund their purchases.

The company says cutting roles would make its operations "simpler and faster".

Huge AI spending plans and the ongoing war in Iran are driving up borrowing costs around the world.

Some government borrowing costs have hit their highest level for 28 years - what does it mean for you?

Economist Daron Acemoglu on liberal democracy in crisis and how AI could make it worse