A lack of commercial understanding inside government is making it harder for companies to operate and is actively holding back economic growth, according to the boss of Iceland. Richard Walker, executive chairman of the frozen food retailer and a newly appointed Labour peer, has warned that too many politicians fail to grasp how businesses actually function — particularly those operating ...

The world’s richest individuals accumulated a record $2.2 trillion (£1.7 trillion) in additional wealth during 2025, according to the Bloomberg Billionaires Index, with just eight billionaires accounting for around a quarter of the gains. The surge pushed the combined net worth of the world’s 500 wealthiest people to $11.9 trillion, fuelled by booming equity markets, a rally in cryptocurrencies and ...

The Department of Justice (DOJ) on Wednesday outlined a list of its accomplishments during President Donald Trump’s first year back in office, arguing that the agency has ended the political weaponization it says existed under the Biden administration. The DOJ claimed in a statement posted on X that it has ‘turned around’ the agency, restoring fairness and law enforcement priorities. ...