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UK disposable incomes squeezed by price rises and tax changes
UK NewsBusiness

UK disposable incomes squeezed by price rises and tax changes

ONS confirms 0.6% GDP growth in first quarter, with services, production and construction sectors expandingBusiness live – latest updatesUK households suffered a drop in disposable incomes in the firs...

The Guardian - UK News3 months ago
EU halves duty-free steel quota but UK and other partners given better rate
UK NewsBusiness

EU halves duty-free steel quota but UK and other partners given better rate

Thirteen countries with a free trade agreement with Brussels have their quota reduced by just one-thirdBusiness live – latest updatesThe EU has halved the amount of duty-free steel it will accept from...

The Guardian - UK News3 months ago
Telegraph’s £575m takeover by German group completed
UK NewsBusiness

Telegraph’s £575m takeover by German group completed

Acquisition by Axel Springer ends three years of uncertainty over ownership of 171-year-old titlesBusiness live – latest updatesThe European media group Axel Springer has completed its £575m takeover...

The Guardian - UK News3 months ago
Nigel Farage received £270,000 from gold marketer he promotes
UK NewsPoliticsBusiness

Nigel Farage received £270,000 from gold marketer he promotes

Reform UK leader’s Direct Bullion payment is double his fee from 2025UK politics live – latest updatesNigel Farage received £270,000 from a gold marketer for which he is a brand ambassador, his single...

The Guardian - UK News3 months ago
UK watchdog plans to break Apple and Google’s ‘effective duopoly’ on mobile app stores
UK NewsBusinessTechnology

UK watchdog plans to break Apple and Google’s ‘effective duopoly’ on mobile app stores

CMA says developers should be able to steer users away from app stores for payments to increase competitionBusiness live – latest updatesThe UK’s competition watchdog is challenging Apple and Google’s...

The Guardian - UK News3 months ago
Trains disrupted on UK’s busiest intercity line as cows wander on to tracks
UK NewsBusiness

Trains disrupted on UK’s busiest intercity line as cows wander on to tracks

London to Manchester among routes affected after cows blocked west coast mainline for more than three hoursBusiness live – latest updatesA herd of cows has disrupted travel for thousands of train pass...

The Guardian - UK News3 months ago
Number of billionaires globally soars by 13% amid AI shares boom
UK NewsBusinessTechnology

Number of billionaires globally soars by 13% amid AI shares boom

Billionaires’ wealth grew by 25% on average in the year ended in April, research from Swiss bank UBS findsBusiness live – latest updatesThe number of billionaires in the world has jumped by 13% to a r...

The Guardian - UK News3 months ago
Hospitality VAT cut: can it help the sector and at what cost to UK taxpayer?
UK NewsPoliticsBusiness

Hospitality VAT cut: can it help the sector and at what cost to UK taxpayer?

Drop to 10% for pubs and eateries would be in line with most of Europe, but critics say it favours multinationalsBusiness live – latest updatesNearly a quarter of hospitality businesses are losing mon...

The Guardian - UK News3 months ago
UK ‘minded’ to intervene in Paramount’s $110bn takeover of Warner Bros Discovery
UK NewsPoliticsBusiness

UK ‘minded’ to intervene in Paramount’s $110bn takeover of Warner Bros Discovery

Lisa Nandy to ask regulators to assess mega-merger involving Channel 5, CNN and TNT Sports on grounds of media plurality and competitionThe UK culture secretary, Lisa Nandy, intends to ask Britain’s m...

The Guardian - UK News3 months ago
Sainsbury’s chief says grocery inflation not as bad as feared so far
UK NewsBusiness

Sainsbury’s chief says grocery inflation not as bad as feared so far

Supermarket has lifted sales with Aldi price match, and has benefited from hot weather and World Cup matchesBusiness live – latest updatesGrocery inflation in the UK has not been as bad as feared so f...

The Guardian - UK News3 months ago
Nearly 25% of UK pubs and restaurants lose money, research shows
UK NewsPoliticsBusiness

Nearly 25% of UK pubs and restaurants lose money, research shows

Hospitality trade bodies’ data published as celebrity chefs and restaurateurs launch campaign for VAT cutNearly a quarter of UK pubs, bars and restaurants are losing money, according to new survey dat...

The Guardian - UK News3 months ago
Cost to rewire Great Britain’s electricity network could reach £90bn in 2030s
UK NewsPoliticsBusiness

Cost to rewire Great Britain’s electricity network could reach £90bn in 2030s

Energy system operator says sum needed to deliver clean power targets while meeting rising demand is up by 50%The cost of rewiring Great Britain’s electricity networks through the 2030s is now 50% hig...

The Guardian - UK News3 months ago
I’m paying £450 a month for a Peugeot EV I can’t drive
UK NewsBusiness

I’m paying £450 a month for a Peugeot EV I can’t drive

The car lease company won’t rescind my contract because it says the vehicle is driveable. The only problem is, it won’t even chargeMy brand new Peugeot EV stopped working within a fortnight of deliver...

The Guardian - UK News3 months ago
Millions of Britons urged to submit meter readings before energy price cap rises on Wednesday
UK NewsBusiness

Millions of Britons urged to submit meter readings before energy price cap rises on Wednesday

Estimated 5.3m households on standard tariffs without smart meters risk being overcharged for some of June usageMillions of Britons could pay higher energy bills than they need to if they do not submi...

The Guardian - UK News3 months ago
Brompton sells stakes to Decathlon and Chinese Labubu backer
UK NewsBusinessSports

Brompton sells stakes to Decathlon and Chinese Labubu backer

British bike maker says cycling market is recovering from sales slump and investments will add new expertiseThe French sports gear retailer Decathlon and a Chinese investment group that was an early b...

The Guardian - UK News3 months ago
‘Commanding heights of the economy’: the postwar blueprint that inspires Burnham
UK NewsPoliticsBusiness

‘Commanding heights of the economy’: the postwar blueprint that inspires Burnham

In the second of a series on nationalisation, we look at the lessons from Clement Attlee’s administrationWill Andy Burnham ‘go big’ in expanding the role of the state?A prime minister with ambitious p...

The Guardian - UK News3 months ago
Crypto firms operating in UK to be subject to sweeping new rules
UK NewsBusiness

Crypto firms operating in UK to be subject to sweeping new rules

City regulator will require booming industry to prove its resilience to risk from October next yearCrypto firms operating in the UK will be forced to prove they can weather market shocks and hold capi...

The Guardian - UK News3 months ago
High-street slot machines and casinos could face £460m tax rise under Burnham
UK NewsPoliticsBusiness

High-street slot machines and casinos could face £460m tax rise under Burnham

Thinktank finds 43% of the public would support a move by Labour to raise taxes on adult gaming centresAll-night slot machine shops and casinos could face a £460m tax rise if Andy Burnham acts on his...

The Guardian - UK News3 months ago
What is Andy Burnham’s economic and political blueprint for Britain?
UK NewsPoliticsBusiness

What is Andy Burnham’s economic and political blueprint for Britain?

Plans include greater regional power, public ownership of utilities and the end of trickle-down economicsBurnham sets out vision to transform Britain and fix ‘broken’ systemAndy Burnham’s speech at th...

The Guardian - UK News3 months ago
Andy Burnham confirms he will set up ‘No 10 North’ in Manchester in major policy speech – as it happened
UK NewsPoliticsBusiness

Andy Burnham confirms he will set up ‘No 10 North’ in Manchester in major policy speech – as it happened

Makerfield MP and hopeful prime minister says he will ‘bring about biggest rebalancing of power the country has ever seen’Andy Burnham vows to set up No 10 North as ‘nerve centre of rewired Britain’As...

The Guardian - UK News3 months ago