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What will Andy Burnham’s VAT cut on electricity bills mean for you?
UK NewsPoliticsBusiness

What will Andy Burnham’s VAT cut on electricity bills mean for you?

New prime minister is implementing immediate tax cut to help ease cost of living pressures for British householdsAndy Burnham to cut VAT on electricity bills as first cost of living moveHousehold elec...

The Guardian - UK News2 months ago
Thames Water investors offer ‘golden share’ in bid to head off nationalisation
UK NewsBusiness

Thames Water investors offer ‘golden share’ in bid to head off nationalisation

Move would give government veto over big decisions and hostile takeovers, after Burnham’s call for greater public controlNils Pratley: Burnham has forced greater clarity at Thames Water. Now he must c...

The Guardian - UK News2 months ago
How can I water my garden in a hosepipe ban and will there be drought this summer?
UK NewsBusiness

How can I water my garden in a hosepipe ban and will there be drought this summer?

Millions of people in southern England and parts of Wales face restrictions after prolonged periods of hot weatherMillions of people across southern England are subject to hosepipe bans after prolonge...

The Guardian - UK News2 months ago
UK borrows less than expected as Healey vows to ‘buffer against uncertainty’
UK NewsPoliticsBusiness

UK borrows less than expected as Healey vows to ‘buffer against uncertainty’

Figure of £16bn from ONS comes after Andy Burnham revealed plans to cut VAT on electricity billsBusiness live – latest updatesThe UK government borrowed less than expected in June, in a boost for Andy...

The Guardian - UK News2 months ago
Defence shares rise after Andy Burnham appoints John Healey as chancellor
UK NewsPoliticsBusiness

Defence shares rise after Andy Burnham appoints John Healey as chancellor

Babcock and BAE Systems benefit as markets hope former defence secretary will increase spending on sectorBusiness live – latest updatesShares in defence companies have risen sharply after Andy Burnham...

The Guardian - UK News2 months ago
Mitie agrees £3.1bn takeover by OCS in blow to London stock market
UK NewsBusiness

Mitie agrees £3.1bn takeover by OCS in blow to London stock market

Board of UK government contractor recommends deal with private-equity owned rivalBusiness live – latest updatesThe outsourcer Mitie has agreed to a £3.1bn takeover by its private-equity owned rival OC...

The Guardian - UK News2 months ago
UK employers cut job vacancies as Burnham aims to lift living standards
UK NewsPoliticsBusiness

UK employers cut job vacancies as Burnham aims to lift living standards

Unemployment holds steady at 4.9%, underlining the challenge facing the new prime ministerBusiness live – latest updatesEmployers cut the number of job vacancies in June, according to official figures...

The Guardian - UK News2 months ago
JP Morgan boss warns of ‘consequences’ if Burnham taxes banks
UK NewsPoliticsBusiness

JP Morgan boss warns of ‘consequences’ if Burnham taxes banks

Higher taxes on sector could threaten plan for £3bn headquarters in London, says Jamie DimonBusiness live – latest updatesThe boss of JP Morgan, Jamie Dimon, has warned Andy Burnham against raising ta...

The Guardian - UK News2 months ago
British Gas mixed up our energy meter – but now I’m being penalised
UK NewsBusiness

British Gas mixed up our energy meter – but now I’m being penalised

When the problem was finally sorted out in our new-build home, it increased my tariff by 19%Residents in our new housing development are being billed for each other’s energy after the meters were mixe...

The Guardian - UK News2 months ago
UK military ‘eyes innovative electric flying taxi’ as 2029 launch planned
UK NewsPoliticsBusiness

UK military ‘eyes innovative electric flying taxi’ as 2029 launch planned

Vertical Aerospace says government has given £10m backing, taking its total investment in the project to £48mBritish flying taxi startup Vertical Aerospace has said the UK government has expressed int...

The Guardian - UK News2 months ago
Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told
UK NewsPoliticsBusiness

Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told

New prime minister urged to introduce 2% minimum charge on households with more than £100m in wealthA wealth tax on the UK’s super-rich households could raise £10bn a year, according to academics who...

The Guardian - UK News2 months ago
‘A guy did a runner in a Jaguar’: the petrol theft scandal – and the garage owner struggling to stop it
UK NewsBusiness

‘A guy did a runner in a Jaguar’: the petrol theft scandal – and the garage owner struggling to stop it

Since the start of the Iran war in February, there has been a 23% rise in fuel theft, with more than £1.2m stolen from British forecourts each week. Why aren’t the police doing more to apprehend the c...

The Guardian - UK News2 months ago
Not enough water for UK’s datacentre plans, trade body says
UK NewsBusiness

Not enough water for UK’s datacentre plans, trade body says

Industry says government’s failure to address cooling demands means AI growth plans are ‘fatally flawed’The UK will not have enough water for future datacentres, the water industry has said in stark c...

The Guardian - UK News2 months ago
AliExpress fined record €550m by EU for failing to stop sale of illegal and fake goods
UK NewsBusiness

AliExpress fined record €550m by EU for failing to stop sale of illegal and fake goods

Chinese retail platform handed penalty over listings for items such as counterfeit products and unsafe toysBusiness live – latest updatesThe Chinese online retail platform AliExpress has been fined a...

The Guardian - UK News2 months ago
How Elephant and Castle risks becoming London’s gentrification ‘patient zero’
UK NewsBusiness

How Elephant and Castle risks becoming London’s gentrification ‘patient zero’

New £500m town centre welcomes its first tenant this month, but displaced traders say promises that they could return have been brokenDiana Sach once employed more than 30 people and catered for hundr...

The Guardian - UK News2 months ago
Jeff Bezos and UK government invest in £2bn British startup CuspAI
UK NewsBusiness

Jeff Bezos and UK government invest in £2bn British startup CuspAI

Company aims to develop AI software that cuts research times and use of rare metals in chipmakers’ supply chainsBusiness live – latest updatesAmazon’s founder, Jeff Bezos, and the UK government have i...

The Guardian - UK News2 months ago
Why can’t Lifestyle & Mobility store show compassion after my loss?
UK NewsBusiness

Why can’t Lifestyle & Mobility store show compassion after my loss?

I bought a wheelchair for my daughter, but she later died in hospital and the company refuses a refundI bought a £435 wheelchair for my disabled daughter from my local Lifestyle & Mobility store.She h...

The Guardian - UK News2 months ago
Retired UK civil servants failed by pension outsourcing, government says
UK NewsPoliticsBusiness

Retired UK civil servants failed by pension outsourcing, government says

Chaos of Capita-run scheme has left some people waiting up to a year for payments and in financial hardship Retired civil servants have been failed by the decision to outsource their pension scheme, t...

The Guardian - UK News2 months ago
Pay gap widens as UK bosses get 130 times average worker’s salary
UK NewsBusiness

Pay gap widens as UK bosses get 130 times average worker’s salary

In its final report the High Pay Centre says the median remuneration of a FTSE 100 CEO has risen to a record £5.06mThe bosses of Britain’s largest listed companies received record pay last year, fuell...

The Guardian - UK News2 months ago
Thames Water creditors seek talks with Burnham as nationalisation looms
UK NewsBusiness

Thames Water creditors seek talks with Burnham as nationalisation looms

Consortium preparing for potential legal battle amid reports new PM could put the company into temporary public ownershipThe group of investors pursuing a rescue bid for Thames Water have said they ar...

The Guardian - UK News2 months ago