Day Headlines in Business News: 2025-08-07
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Why firms are merging HR and IT departments (BBC Business 2025-08-07 23:13:47)
The emergence of AI is spurring some firms to make their HR and IT departments work closer together. -
Later, closer, shorter - the holidays Britons are booking this summer (BBC Business 2025-08-07 23:02:14)
The trend is down to people trying to save money and make the most of hot weather, travel firms say. -
Trump opens door for crypto in retirement accounts (BBC Business 2025-08-07 22:41:52)
The president signs an order aimed at expanding the kinds of investments allowed in retirement accounts. -
Trump calls for Intel boss to resign immediately, alleging China ties (BBC Business 2025-08-07 17:55:04)
The unusual demand adds to challenges facing the firm, which has been seen as falling behind in the chip race. -
OpenAI claims GPT-5 model boosts ChatGPT to 'PhD level' (BBC Business 2025-08-07 17:15:33)
GPT-5's release comes as tech firms continue to compete in an effort to claim the world's most advanced AI. -
Bank of England Cuts Interest Rate To 4% (BBC Business 2025-08-07 17:10:16)
Bank of England cuts interest rate from 4.25% to 4% -
Interest rates cut to lowest level in more than two years (BBC Business 2025-08-07 15:45:17)
The Bank of England cuts its key rate to 4%, the fifth reduction since August last year. -
Why has the Bank of England cut interest rates? (BBC Business 2025-08-07 13:46:11)
Rates are now at their lowest since March 2023 even though inflation is well above target. -
Faisal Islam: Why has the Bank of England cut rates? (BBC Business 2025-08-07 13:46:11)
Rates are now at their lowest since March 2023 even though inflation is well above target. -
Why is UK inflation still rising? (BBC Business 2025-08-07 13:19:25)
UK Inflation has fallen from record highs but remains above the Bank of England's 2% target. -
What are semiconductors and why is Trump threatening 100% tariffs? (BBC Business 2025-08-07 12:31:58)
The President said he plans to introduce 100% tariffs on foreign-made chips, but the largest producers may avoid the levy. -
What are interest rates and will they fall further? (BBC Business 2025-08-07 12:29:20)
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions. -
UK interest rates cut to 4% in tight decision (BBC Business 2025-08-07 12:00:22)
The Bank or England cuts its key rate to 4%, the fifth reduction since August last year. -
What the interest rate cut means for you (BBC Business 2025-08-07 11:34:35)
Changes to the Bank's base rate can affect mortgage and savings rates. -
UK says British Steel's Chinese owners demanding millions (BBC Business 2025-08-07 11:02:37)
Jingye still owns the Scunthorpe plant that was taken over by the government under emergency powers. -
Brown urges Reeves to hike gambling taxes at Budget (BBC Business 2025-08-07 08:49:48)
The former Labour prime minister says hitting the "undertaxed" sector could pay for benefits rises. -
Trump's sweeping new tariffs take effect against dozens of countries (BBC Business 2025-08-07 06:04:42)
The president also hits India with a 50% tariff and threatened a 100% levy on foreign-made semiconductors. -
'Living on Universal Credit is a constant battle' (BBC Business 2025-08-07 05:00:11)
Keith Williams says he uses a food bank as his monthly £368 benefit payment lasts "about a week". -
Trump's new tariffs take effect in trade war escalation (BBC Business 2025-08-07 04:05:25)
The US revised tariffs for much of the world and extended the deadline to strike deals by Thursday.