Business

Big pharma’s cash pull-out lands blow to UK economy

Merck’s decision to scrap a £1bn investment follows the health secretary’s refusal to negotiate UK drug prices

Harry Potter teacher needs pension magic

The Observer’s consumer champion solves your problems

Barclays may whinge, but paying more tax won’t break the banks

Despite their objections to paying higher taxes, British banks are beneficiaries of government stimulus

Ellison the Almighty, 81, sets his sights on Oxford

The Oracle founder, who briefly overtook Elon Musk this week as the world’s richest man, has spent hundreds of millions to fund a new tech institute

Murdoch, Agnelli – it’s the season for family feuds

Expensive battles this past week have kept investors on their toes – but family businesses often enjoy longer-term stability

Defence rivals look strong as drone and AI demand soars

In a world riven by conflict, Germany’s Helsing and US-based Anduril are piling on value as order books bulge

Mandelson came to praise Brexit. Merck just buried it

Last week, the then ambassador to the US said that Brexit allowed Britain to get closer to the US – just as the drugs company withdrew billions of dollars of investment from the UK

Eli Lilly joins big pharma fallout over drug prices

Select committee calls emergency meeting as CEOs ‘livid with the UK’ after talks with government crash over NHS rebates

Battle to become the global leader in defence tech gets heated

In a world riven by conflict, Germany’s Helsing and US-based Anduril are piling on value as order books bulge

Snoop Dogg’s firm backs UK cannabis clinic with £4.5m

US rapper leads the way as private investors put their money into Mamedica

UK can be one of top tech economies – if it takes risks

From tax to pension funds, the UK must change to get the economy moving

Big Tech woos Trump to fend off the big stick

The Titans of Tech turned out for the First Couple but fears remain the president could use the threat of pursuing a break-up to get them to do his bidding

British businesses must hit 1% giving goal

Charities Aid Foundation says firms must help build up social capital in communities across the land

CEOs face same censure as stars for crimes and missteps

Their personal indiscretions were once ignored but now bosses losing jobs is a global trend

Tech turmoil threatens investment drive in UK

Three sudden exits from the top of science and investment have raised fresh questions about Britain’s abilities to attract talent and capital

Suntory chief exits after cannabis supplement probe shocks Japan Inc

Takeshi Niinami said a friend recommended the supplements for jet lag. He insists he is innocent of any crime

How Rachel Reeves can raise tax while freeing up growth

A yearly property tax could raise as much as stamp duty, which stops people moving to get a better job

Under 25s at greatest risk for current AI job losses