latest business news
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Rishi Sunak under pressure to accelerate anti-strike legislation
Rishi Sunak is under pressure from Tory MPs to accelerate new strike-busting legislation, as Britain faces the biggest wave of…
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Banks save FTSE from big falls as global stocks drop
T he damage caused to the FTSE 100 by falls in the share prices of the UK’s biggest utility companies…
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Mersey tidal power project to take inspiration from South Korea
P lans to develop the world’s largest tidal power scheme on the River Mersey will take inspiration from South Korea,…
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The business jargon that is killing the economy
“ Circling back,” “synergy” and “moving the needle.” Just a few examples of the language creeping more and more into…
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Hosepipe ban lifted in Yorkshire despite county remaining in drought
A water company which supplies more than five million households is ending the hosepipe ban it introduced at the height…
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Watchdog finds evidence of ‘rocket and feather’ fuel prices
D rivers have been the victim of “rocket and feather” pricing by fuel retailers this year, the competition watchdog has…
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Rebound in construction sector slows to a trickle in worst month since August
C onstruction companies have reported what appears to be their worst month since August as a temporary rebound for the…
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Water firms failing to meet agreed investment in networks – Ofwat
W ater firms are failing to invest as much as they promised to fix their networks, including improving sewage treatment…
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Cost of Christmas dinner up 9.3% despite grocery price inflation finally dipping
T he cost of a traditional Christmas dinner for four is up by almost 10% on last year to £31…
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The UK is ‘sleepwalking’ into a food supply crisis, farmers union warns
T he UK is “sleepwalking” into a food supply crisis, the country’s union for farmers and growers has warned. Ahead…
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‘Who is going to buy?’ UK set to unleash historic debt deluge
Investors are preparing for the UK government to unleash a “cataclysmic” flood of debt sales over the next few years,…
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DWP staff to take strike action for two weeks over Christmas
S taff working at the Department for Work and Pensions are to take strike action for two weeks over Christmas.…
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Companies to hear about energy bill support before year end
C ompanies will know about the future of the support they will get on their energy bills by the end…
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Thames Water warns of threat from inflation and climate change
Thames Water warned it was under pressure from rising inflation as higher energy, chemicals, labour and borrowing costs weighed on…
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RMT urged to think again over plan for rail strikes in run-up to Christmas
R ail union chiefs have been urged to “think again” and call off strikes which are set to cause transport…
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The digital divide is wider than ever during the cost of living crisis
C onnectivity runs through every facet of our daily lives. It connects us to loved ones, to workplaces, to essential…
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Many pubs and breweries will close without further energy help
M any pubs and breweries across the UK will be forced to shut their doors for good as they face…
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Many pubs and breweries will close without further energy help, report says
M any pubs and breweries across the UK will be forced to shut their doors for good as they face…
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CBI warns that UK is about to fall into year-long recession
The UK will fall into a year-long recession in 2023 as the “stagflation” combination of rising inflation, negative growth and…
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Rail dispute continues as RMT union rejects latest offer from employers
T he biggest rail workers union has rejected an offer from train operators aimed at resolving a long-running dispute over…
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Rail employers hope to avert Christmas strikes with latest pay offer to unions
R ail employers have made an offer to the biggest union in the industry in a bid to resolve a…
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English councils struggle to maintain Ukraine refugee scheme as war drags on
There were deer outside her window and pheasants in the woods when Ukrainian refugee Alina Shakirova and her eight-year-old son…
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Troops on stand-by as ministers prepare for strikes across public services
H undreds of troops are on stand-by to cover for ambulance crews, firefighters and Border Force staff as ministers prepare…
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Just Stop Oil activists lie in Harrods bed as fuel poverty protests sweep UK
J ust Stop Oil activists tucked themselves into a Harrods display bed as part of fuel poverty protests sweeping the…
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London stocks edge lower as hot US jobs data weighs on markets
T he FTSE finished marginally lower after earlier gains were dragged back by hot jobs data from the US. Friday’s…
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UK rail groups prepare for weekend talks over pre-Christmas strikes
UK rail unions and train operators are preparing for possible weekend talks aimed at averting looming pre-Christmas strikes after both…
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Nursing union sets out list of services protected from strike action
T he Royal College of Nursing has set out a list of services that will be protected from strike action…
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More railway strikes called as dispute continues
A railway workers union has served notice for strike action at a further six train operating companies and Network Rail…
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More railway strikes announced after union talks with Government minister fail
A railway workers union has served notice for strike action at a further six train operating companies and Network Rail…
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Royal Mail says you should post earlier than usual this Christmas
R oyal Mail is asking customers to post their mail earlier than usual for Christmas this year as a result…
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£2.4m fine imposed by FCA after people advised to give up valuable pensions
A firm which advised people to give up valuable pensions has been fined nearly £2.4 million by the City regulator.…
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Royal Mail told it cannot keep blaming Covid for late deliveries
R oyal Mail has been told it cannot continue to blame Covid for late deliveries – after it missed key…
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The green deceit crippling our energy needs
I f you are going to make something, you need lots of energy. If the price of that energy goes…
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How much of a pay rise do you need to keep up with inflation?
J ames is hard to like. It’s bad enough that he earns so much. Indeed, as a high flyer in…
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What pay increase do you need to keep up with inflation?
J ames is hard to like. It’s bad enough that he earns so much. Indeed, as a high flyer in…
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The false promises of a bank ringfencing boom
It seems there is no regulatory change too small or questionable not to be dressed up in the rhetoric of…
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Shopper footfall stumbles in November amid cost-of-living fears
S hopper footfall stumbled again in November as the soaring cost-of-living crisis put consumers off Christmas spending. Total UK footfall…
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Average insurance premium paid by motorists increases
T he average premium paid by customers for private motor insurance in the third quarter of this year was 2% higher…
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Rishi Sunak: Threat of NHS strike action ‘very regrettable’
T he Prime Minister has said the threat of strike action in the NHS is “very regrettable”, and stressed pay…
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City minister insists Brexit will benefit financial services
The City of London minister has insisted Brexit is bringing benefits for UK financial services, saying a government overhaul of…
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Strong pound and US market weakness drags FTSE 100 lower
L ondon’s top index handed back some of its recent gains after oil stocks, a resurgent pound and a weak…
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UK inflation expectations have eased, business survey finds
UK businesses expect their selling prices to rise at their lowest pace since the start of the Ukraine war, according…
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To woo voters, Rishi Sunak must fix the palpable economy
It was one of the most famous soundbites of the Brexit campaign. In a debate on the economic impact of…
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‘Burnout, inequality and poor service – the real outcome of the four-day week’
I started my business while I was uni. At 20 years old, I was the youngest person to secure funding…
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Union questions Bank of England over cash shortage fears as G4S staff to strike
U nions have warned that businesses and customers could face cash shortages as it urged the Bank of England to…
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Manufacturing sector shrinks for fourth consecutive month as job cuts rise
T he UK’s manufacturing sector shrank for the fourth consecutive month amid weak new business, supply chain disruption and shortages…
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Employers need to think about both class and race when recruiting
W orking-class people face invisible barriers to progress in the Square Mile, according to the City of London Corporation, which…
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Ofcom launches probe into phone and broadband firms’ in-contract price rises
O fcom has launched an industry-wide investigation into whether phone and broadband firms set out in-contract price rises clearly enough…
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House prices drop at fastest rate since pandemic after mini-Budget chaos
T he full disastrous scale of the fallout from Kwasi Kwarteng’s mini-Budget was laid bare today as it emerged that…
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FTSE 100 Live: House prices down, markets lifted by Powell speech
1669887919 City Comment: Stock trading is not like Call of Duty Two snapshots of how the financial services sector is…
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