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BBC cash reserves hit lowest level in a decade after big single-year spend
UK NewsBusiness

BBC cash reserves hit lowest level in a decade after big single-year spend

Exclusive: Reserves at public service arm drop 66% as broadcaster undertakes large cuts in effort to save £500mThe BBC has spent hundreds of millions of pounds of its cash reserves in a single year, i...

The Guardian - UK News3 weeks ago
Retail sales bounce back in Great Britain amid brighter signs for economy
UK NewsBusiness

Retail sales bounce back in Great Britain amid brighter signs for economy

Latest data to defy economic gloom shows 0.5% rise boosted by purchases of sports items, aircon units and fans during heatwavesBusiness live – latest updatesRetail sales across Great Britain unexpecte...

The Guardian - UK News3 weeks ago
Drivers ignoring roadwork closures to skip queues ‘wilfully putting lives at risk’
UK NewsBusiness

Drivers ignoring roadwork closures to skip queues ‘wilfully putting lives at risk’

Hundreds of cars driven through cones or barriers in England this year, says National HighwaysDrivers ignoring roadwork closures to skip queues are putting lives at risk, National Highways has warned,...

The Guardian - UK News3 weeks ago
Global leaders urged to join initiative to fight extreme inequality
UK NewsBusiness

Global leaders urged to join initiative to fight extreme inequality

More than 1,500 academics and economists sign letter, calling growing gap between richest and poorest ‘a policy choice that can be reversed’More than 1,500 academics and economists from 100-plus count...

The Guardian - UK News3 weeks ago
MPs urge ministers to break off Thames Water talks with US hedge funds
UK NewsBusiness

MPs urge ministers to break off Thames Water talks with US hedge funds

Efra committee calls for emergency legislation enabling government to take public control of the company Andy Burnham is under further pressure to take control of ailing Thames Water from a cross-part...

The Guardian - UK News3 weeks ago
Find a credible plan for British Steel, ministers told as ‘startling’ costs soar
UK NewsPoliticsBusiness

Find a credible plan for British Steel, ministers told as ‘startling’ costs soar

Government spending watchdog warns of price of keeping publicly owned firm in businessLabour has been urged to lay out a credible plan for the future of British Steel, as the government spending watch...

The Guardian - UK News3 weeks ago
Addison Lee founder owes £20.5m in tax after UK tribunal ruling
UK NewsBusiness

Addison Lee founder owes £20.5m in tax after UK tribunal ruling

HMRC wins challenge over John Griffin’s claim to be non-dom despite having lived in England since childhoodThe founder of Addison Lee owes £20.5m in tax after a tribunal dismissed a claim that he shou...

The Guardian - UK News3 weeks ago
‘I feel invisible’: over-50s reveal harsh realities of trying to get a job
UK NewsBusiness

‘I feel invisible’: over-50s reveal harsh realities of trying to get a job

Candidates describe feelings of rejection after submitting hundreds of applications but getting a handful of interviewsHundreds of job applications, exhausting searches and relentless rejection – the...

The Guardian - UK News3 weeks ago
Burnham’s talk of ‘breathing space’ at odds with reality of future Bank rate rises
UK NewsBusiness

Burnham’s talk of ‘breathing space’ at odds with reality of future Bank rate rises

PM’s push to cut cost of living threatened by rising inflation and government borrowing costs as geopolitics hit homeBank of England holds interest ratesThe Bank is shaking up its bond sales – why doe...

The Guardian - UK News3 weeks ago
Next forecasts bigger profits after hot weather lifts sales
UK NewsBusiness

Next forecasts bigger profits after hot weather lifts sales

FTSE 100 retailer, which owns UK rights to US brands Gap and Victoria’s Secret, says prices could rise in autumnBusiness live – latest updatesNext has thanked warmer weather for an “unexpected” boost...

The Guardian - UK News3 weeks ago
Bank of England holds interest rates at 3.75% but warns war could force future rises
UK NewsBusiness

Bank of England holds interest rates at 3.75% but warns war could force future rises

Central bank announces surprise plan to sell billions of pounds in government bonds back to the TreasuryBurnham’s talk of ‘breathing space’ at odds with reality of future rate risesThe Bank is shaking...

The Guardian - UK News3 weeks ago
Thousands of Barclays staff revolt over return-to-office mandate
UK NewsBusiness

Thousands of Barclays staff revolt over return-to-office mandate

Union calls for payouts to help cover travel costs and exemption for those living more than 40 minutes awayBusiness live – latest updatesBarclays is facing a growing backlash over return-to-office pla...

The Guardian - UK News3 weeks ago
Peers call for UK to enact tobacco-style ban on gambling advertising
UK NewsPoliticsBusiness

Peers call for UK to enact tobacco-style ban on gambling advertising

Lords’ report faces criticism from lobby groups after suggesting ban would be ‘most effective’ way to reduce public harmsThe UK should introduce a ban on almost all gambling advertising to protect pub...

The Guardian - UK News3 weeks ago
‘Made in Europe’ law threatens UK plans for reset with EU
UK NewsPoliticsBusiness

‘Made in Europe’ law threatens UK plans for reset with EU

Government sources say legislation aimed at China poses a risk to British businesses and must be addressedThe UK government’s EU reset summit will be delayed again unless the bloc agrees to discuss le...

The Guardian - UK News3 weeks ago
Don’t back down on pledge to put water firms under public control, Burnham told
UK NewsPoliticsBusiness

Don’t back down on pledge to put water firms under public control, Burnham told

Key allies of PM issue warning as details emerge of his plan to give mayors powers to oversee water companiesKey allies of Andy Burnham have warned the prime minister not to back down over his promise...

The Guardian - UK News3 weeks ago
Burnham warns of ‘difficult decisions’ in budget as inflation rises to 3.1%
UK NewsPoliticsBusiness

Burnham warns of ‘difficult decisions’ in budget as inflation rises to 3.1%

PM rejects claim he leads a ‘tax-and-spend’ government, as Bank of England prepares for interest rates decisionAndy Burnham has said “difficult decisions” will need to be taken in next month’s budget...

The Guardian - UK News3 weeks ago
Amazon to launch Ring ‘neighbourhood watch’ app in UK amid US privacy fears
UK NewsBusinessTechnology

Amazon to launch Ring ‘neighbourhood watch’ app in UK amid US privacy fears

Doorbell firm aims to replace WhatsApp or Facebook groups with platform where people can post about safety or lost petsAmazon’s doorbell camera maker Ring is to launch its Neighbours community app in...

The Guardian - UK News3 weeks ago
Reform-linked thinktank ‘to call for big tax cuts for the rich’
UK NewsPoliticsBusiness

Reform-linked thinktank ‘to call for big tax cuts for the rich’

Centre for a Better Britain will urge abolishing inheritance tax and phasing out capital gains tax, report saysA thinktank linked to Nigel Farage’s Reform UK is preparing an influential policy plan th...

The Guardian - UK News3 weeks ago
Mirror publisher to cut 220 editorial jobs as readers turn to AI summaries
UK NewsBusiness

Mirror publisher to cut 220 editorial jobs as readers turn to AI summaries

Reach, which also owns Express, makes decision because of ‘mammoth shift’ in how audiences seek out contentThe publisher of the Mirror and Express newspapers is to cut a further 220 editorial jobs as...

The Guardian - UK News3 weeks ago
Sunderland gets its Kicks: Nissan to invest £170m to build new hybrid SUV
UK NewsBusiness

Sunderland gets its Kicks: Nissan to invest £170m to build new hybrid SUV

Latest attempt to secure future of Britain’s biggest car factory may be subject to UK weakening EV sales mandateNissan has said it will invest £170m to build a new SUV at its factory in Sunderland – b...

The Guardian - UK News3 weeks ago