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Chief executive says the four-year plan will lead to greater efficiency but gives no details of potential job lossesBusiness live – latest updatesLloyds Banking Group will cut another £2bn of costs as...
Bank’s chair pledges to keep up fight against inflation but decision brings fears of a failure to keep paceBusiness live – latest updatesUS government borrowing costs have hit their highest level sinc...
Environmentalists renew calls for windfall tax to support households after Q2 earnings rise to almost $10bnShell has posted its second highest quarterly earnings on record as the energy market surge c...
Industry wants mandate forcing manufacturers to sell increasing share of electric cars each year to be easedCarmakers are delaying final decisions to invest in UK factories until electric car sales ru...
Transport for London claims polluting diesel vehicles had been able to enter clean air zone without having to payTransport for London is pursuing a potential £1bn legal action against car manufacturer...
Strong corporate results buoy market as investors move money away from tech and semiconductor stocks London’s FTSE 100 stock index has touched a fresh high, driven by strong corporate results as inves...
CAA says airport can recoup £320m through higher airline charges, which are usually passed on to travellersHeathrow passengers face decades of higher fares after the regulator overrode airline objecti...
Energy regulator’s plan would mean upfront fees or financial security via letters of credit, bonds or cash depositsDatacentre projects in Britain will be forced to pay hundreds of millions of pounds t...
Whether it is SpaceX or a bank, getting the right facts about a firm can offer vital insights before you invest in itWhen Elon Musk’s SpaceX launched on to the stock market, tens of thousands of Brito...
Leading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’Andy Burnham has been warned by a leading thinktank of “very difficult trade-offs in the next a...
Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competitionBusiness live – latest updatesThe sell-off in AI stocks has intensified, driving South Korea’s sto...
South Western Railway joins operators in east of England in reducing train speeds and changing timetablesBusiness live – latest updatesPersistent drought conditions caused by the climate crisis are ex...
Pharmaceuticals company is investing £400m in UK life sciences and moving scientists to new Cambridge R&D siteBusiness live – latest updatesThe British drugmaker GSK is to announce sweeping job cuts a...
Consumer goods group reports strong sales growth, owing in part to World Cup marketing campaignsBusiness live – latest updatesUnilever has warned it will push through further price rises over the comi...
MTC provided security at heavily criticised Manston centre in Kent – and could now make £500m managing arrivals at siteA private security company linked to Donald Trump’s immigration crackdown reporte...
TUC says lender ‘can easily afford to pay more tax’ as it increases half-year bonus pool by nearly 30%Business live – latest updatesAndy Burnham has been urged to launch a tax raid on UK banks, as Bar...
Average 25% increase for letters such as marketing, bills and medical appointment notices from 5 OctoberRoyal Mail will increase the price of its wholesale postal service by as much as a third, in a m...
Nostalgic foods like toad-in-the-hole also in demand at Waitrose as people pivot towards familiarity amid climatic and political upheavalForget a crisp salad and glass of chilled rosé. Enervated Brito...
Unions say basic needs still not being met a year after regulator told operators to improve facilitiesTrain drivers are considering strike action over a lack of toilets, with unions saying basic needs...
Rolling coverage of the latest economic and financial newsThe UK’s financial watchdog has launched a £2m advertising campaign aimed at curbing use of claims management companies (CMCs), and encouragin...