439
Bank of England governor warns of Middle East oil shock risk
Andrew Bailey also hints at ‘more aggressive’ path for cutting interest rates if inflation news stays positive
353
Sellafield has been fined nearly £400,000 for cybersecurity failings
Nuclear waste dump in Cumbria pleaded guilty to leaving data that could threaten national security exposed for four years, says regulator
386
Debt has reached 100% of national income for the first time since the 1960s, driven by increases in public sector pay
The latest official figures from the Office for National Statistics show that public sector net debt is 100% of the nation’s economic output.
410
Thames Water seeks to stay afloat by renegotiating loan agreements, according to a source
Utility struggling with £15bn debts books November high court dates in effort to extend ‘liquidity runway’
577
Next warns of potential store closures following a £30 million legal loss
High street giant Next is facing an uncertain future — it’s warned of possible store closures after losing a landmark £30 million legal case over equal pay.
580
How train passengers can claim share of £25,000,000 compensation
More than a million train passengers could be in for a payout after a train company agreed to a massive settlement.
510
Deliciously Ella health food brand acquired by Swiss group Hero
Founder Ella Mills expected to bank millions from sale of company known for its oat bars and energy balls
625
UK’s National Grid to sell electricity system operator in a $827 million agreement
Britain’s National Grid (NG.L), opens new tab said on Friday it had agreed to sell its Electricity System Operator (ESO) to the UK government for 630 million pounds ($827.95 million), including debt.
509
Landlords warn of potential rent hikes in response to Labour’s renters’ rights bill
Landlords’ association warns private rental sector reforms ‘could lead to Airbnb Lite’ before plan is unveiled in parliament
446
UK economy unexpectedly flatlines for second month in row
Pre-election slowdown continues in July despite economists predicting growth of 0.2%
523
The TUC reports that over a million British workers did not receive a single day of paid time off
New trade union research reveals that employees have missed out on £2 billion in holiday pay.
496
Water companies in England and Wales lost over 1 trillion liters due to leaks last year
Hundreds of millions of litres were wasted every day, with Thames Water revealed as the worst offender
471
UK ‘needs £1tn investment over 10 years to hit economic targets’
To achieve 3% annual growth, £100bn a year must be found for key sectors like housing and energy, City taskforce finds
459
Topshop might make a comeback on the high street following Asos’s sale of its stake for £135 million
Online fashion retailer hands control of brand to Jack & Jones owner with sale of 75% stake to help repay debts
332
UK pump prices have dropped to a three-year low as a fuel duty hike approaches
Labour expected to roll back Conservatives’ 5p duty cut in the autumn statement in first increase since 2011
652
A study finds that London workers are slower to return to the office than those in New York or Paris
Office attendance in UK capital similar to levels in Toronto and Sydney, thinktank finds
537
‘Scandalous’ £3.4bn spent by UK government on private consultants last year
New figures reveal that public bodies paid out at least 60% more to consultancies in 2023-24 than it did pre-pandemic
484
Eton to increase fees to £63,000 due to VAT change
Other private schools say they will absorb some of the cost of the removal of VAT exemption
396
Sainsbury’s to buy 10 Homebase stores and convert them into big supermarkets
First shop in £130m investment to open next summer as questions raised over DIY chain’s future
519
UK to spend £10.5m on new EU border checks
The government is to provide £10.5m worth of funding to prepare for new EU border checks this autumn.
427
Starmer provides biggest hint yet on which taxes might rise in ’painful’ October budget
Sir Keir Starmer has given a major Downing Street speech about his plans for government ahead of parliament’s return from recess next week, warning of a "painful" budget and "unpopular decisions" to come.
551
Prince Harry’s fight for police protection has cost taxpayers over £600,000
Prince Harry’s legal fight against the Home Office’s decision to downgrade his police protection in the UK has cost the government more than £600,000 to date.
368
Victims of the UK’s infected blood scandal to begin receiving compensation by the end of the year
Those affected by contaminated blood transfusions and products in 1970s and 80s to finally receive compensation
579
Unite proposes a 1% wealth tax on the super-rich to finance UK public sector pay increases
The demand from Britain’s second biggest union will test truce with Labour at next month’s TUC conference
393
Taxing the rich: UN adopts historic tax reform
After months of debate and pushback from wealthy nations, the United Nations (UN) adopted a resolution to begin the process of establishing a global tax framework intended to cause wealthy individuals to pay more taxes.
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