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BP boardroom turmoil deepens as ousted chair hits back at ‘lies’ over conduct
UK NewsBusiness

BP boardroom turmoil deepens as ousted chair hits back at ‘lies’ over conduct

Albert Manifold disputes reports about his behaviour and says he always tried to set exampleThe boardroom turmoil at BP deepened after its ousted chair, Albert Manifold, claimed allegations about his...

The Guardian - UK News4 months ago
Young first-time buyers face toughest time since financial crisis, says UK housebuilder
UK NewsBusiness

Young first-time buyers face toughest time since financial crisis, says UK housebuilder

Barratt Redrow boss says rising interest rates, higher student debt and squeeze on wages hitting property dreamBusiness live – latest updatesThe boss of Britain’s largest housebuilder has said it is t...

The Guardian - UK News4 months ago
Number of young people out of work or training in UK could hit 1.25m by early 2030s
UK NewsBusiness

Number of young people out of work or training in UK could hit 1.25m by early 2030s

Urgent action needed to avoid ‘lost generation’, says report by former Labour health secretary Alan MilburnUK politics live – latest updatesBritain risks a 25% rise in the number of young people not i...

The Guardian - UK News4 months ago
HS2: white elephant or vital addition to Britain’s rail network? | Letters
UK NewsPoliticsBusiness

HS2: white elephant or vital addition to Britain’s rail network? | Letters

Readers respond to Simon Jenkins’ article in which he called for the project to be scrappedSimon Jenkins’ argument is shortsighted and ignores the fundamental reason that HS2 was designed in the first...

The Guardian - UK News4 months ago
Manchester United take £22m hit from sacking of Ruben Amorim
UK NewsBusinessSports

Manchester United take £22m hit from sacking of Ruben Amorim

On-pitch performance and cost-cutting help to halve pre-tax losses to £18m in the first nine months of the yearManchester United have taken a £22m hit from the sacking of their former manager Ruben Am...

The Guardian - UK News4 months ago
UK heatwave triggers price rises for hot tubs and air conditioning units
UK NewsBusiness

UK heatwave triggers price rises for hot tubs and air conditioning units

Of 11 seasonal items in Guardian price comparison, six hit highest price in last three months, with some nearly doubling in price in last weekThe heatwave has triggered a surge in prices for seasonal...

The Guardian - UK News4 months ago
Energy price cap in Great Britain to rise by 13% from July
UK NewsPoliticsBusiness

Energy price cap in Great Britain to rise by 13% from July

Average gas and electricity bill to jump to £1,862 a year from July until end of September, in part because of Iran warHouseholds will face the steepest summer rise in energy charges in four years aft...

The Guardian - UK News4 months ago
Flying Tiger snapped up by Modella Capital amid fears for its future
UK NewsBusiness

Flying Tiger snapped up by Modella Capital amid fears for its future

UK private equity investor with reputation for hard-nosed restructuring says it is backing existing managementFlying Tiger is the latest retailer to be snapped up by Modella Capital, the British inves...

The Guardian - UK News4 months ago
Fired BP chair disputes oil company’s claims of poor conduct
UK NewsBusiness

Fired BP chair disputes oil company’s claims of poor conduct

Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’Business live – latest updatesThe ousted chair of BP, Albert Manifold, has accused the oil...

The Guardian - UK News4 months ago
Lidl overtakes Morrisons to become fifth largest supermarket in Great Britain
UK NewsBusiness

Lidl overtakes Morrisons to become fifth largest supermarket in Great Britain

German-owned discounter’s sales rise 8.8% year on year as households seek ways to keep bills downLidl has overtaken Morrisons to become the fifth largest grocer in Great Britain as its sales were powe...

The Guardian - UK News4 months ago
Kiln-free recycled tile startup agrees pilot deal with major UK supplier
UK NewsBusinessTechnology

Kiln-free recycled tile startup agrees pilot deal with major UK supplier

Dekiln to scale up its low-carbon technology with Johnson Tiles, in boost for struggling British ceramics industryA Manchester-based startup that makes ceramic-like tiles from waste without needing an...

The Guardian - UK News4 months ago
Inquiry into Post Office Horizon scandal faces five-year delay without extra funding
UK NewsBusiness

Inquiry into Post Office Horizon scandal faces five-year delay without extra funding

Police officer in charge says budget could reach £19.3m and nearly 100 more investigators are neededThe police criminal inquiry into the Post Office Horizon IT scandal faces a five-year delay unless i...

The Guardian - UK News4 months ago
Ministers urged to press ahead with UK ban on zero-hours contracts
UK NewsPoliticsBusiness

Ministers urged to press ahead with UK ban on zero-hours contracts

Campaigners reject claims that tougher rules will deter hiring and lock young people out of labour marketMinisters should press ahead with a ban on zero-hours contracts, campaigners say, despite claim...

The Guardian - UK News4 months ago
Manchester University to offer work placements to all undergraduates
UK NewsBusiness

Manchester University to offer work placements to all undergraduates

Russell Group university promises students, from chemical engineering to classics, ‘meaningful real-world experience’A leading UK university is promising work placements to all undergraduates regardle...

The Guardian - UK News4 months ago
BP removes chair Albert Manifold over ‘serious’ governance and conduct concerns
UK NewsBusiness

BP removes chair Albert Manifold over ‘serious’ governance and conduct concerns

Oil company is FTSE’s biggest faller as chair departs immediately after only eight months in the roleBP has removed its chair, Albert Manifold, with the oil company’s board saying it had serious conce...

The Guardian - UK News4 months ago
Ferrari shares fall after launch of first EV as Jony Ive design proves divisive
UK NewsBusinessTechnology

Ferrari shares fall after launch of first EV as Jony Ive design proves divisive

Some analysts question whether design of Luce, starting at $640,000, lives up to sportscar brand’s heritageFerrari’s share price has dropped after it revealed a long-awaited first electric vehicle, wi...

The Guardian - UK News4 months ago
Next boss warns over ‘dramatic fall’ in UK entry-level jobs
UK NewsPoliticsBusiness

Next boss warns over ‘dramatic fall’ in UK entry-level jobs

Peer’s comments come as Milburn report is likely to find government has failed to tackle youth unemploymentThe boss of Next has sounded the alarm about a “dramatic fall” in the number of entry-level j...

The Guardian - UK News4 months ago
B&Q blames sales dip on wet Easter but predicts heatwave gain
UK NewsBusiness

B&Q blames sales dip on wet Easter but predicts heatwave gain

DIY chain owner Kingfisher is top FTSE 100 riser as it sticks to full-year profit outlookA wet and cold Easter hit sales of barbecues and garden products at the home improvement chain B&Q, but it hope...

The Guardian - UK News4 months ago
NS&I failures pile on the agony for bereaved families chasing missing premium bonds
UK NewsBusiness

NS&I failures pile on the agony for bereaved families chasing missing premium bonds

Errors and delays in tracing accounts at the trusted savings institution have compounded the stress of relatives losing loved ones“It has been more than a year of hell,” says Kate Constable about the...

The Guardian - UK News4 months ago
UK consumers likely to face higher prices ‘for many months to come’
UK NewsBusiness

UK consumers likely to face higher prices ‘for many months to come’

Data shows even if Iran war ends, shop price inflation on rise, while only 16% of firms left unscathed by conflictHigher prices could persist over the summer even if ceasefire talks between the US and...

The Guardian - UK News4 months ago