Skip to main content
UK Edition

Friday, 21 August 2026

Trade News UK

The latest UK news, business, transport and more

Home / Economy

Economy

Tech stocks tumble on concerns over AI spending

Financial markets received a sharp wake-up call on Tuesday following a sudden wave of selling in major technology shares, triggering widespread doubt over the sustainability of the AI boom.

Who could be the UK's next chancellor?

With Sir Keir Starmer resigning, Andy Burnham, the newly-elected Makerfield MP, is almost certain to be the next UK prime minister.