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UK drivers struggle to get insurance for Chinese EVs such as Jaecoo
UK NewsBusiness

UK drivers struggle to get insurance for Chinese EVs such as Jaecoo

Firms do not offer cover for some models, or charge more than for equivalent petrol cars, research finds‘Temu Range Rover’: what the Jaecoo 7 says about China’s electric car ascendancyUK insurers are...

The Guardian - UK News4 months ago
Pound heads for worst week in 18 months as Burnham lines up Labour bid
UK NewsPoliticsBusiness

Pound heads for worst week in 18 months as Burnham lines up Labour bid

UK government borrowing costs jump amid political uncertainty and oil price rise that fuelled inflation worriesBusiness live – latest updatesThe pound was heading for its worst week in 18 months on Fr...

The Guardian - UK News4 months ago
FTSE 100-listed insurer Hiscox’s shares leap amid report of takeover bid
UK NewsBusiness

FTSE 100-listed insurer Hiscox’s shares leap amid report of takeover bid

Canada’s Intact Financial Corp is said to be exploring offer, as London-listed Tate & Lyle attracts US suitorShares in Hiscox surged to record highs on Friday as it became the latest UK takeover targe...

The Guardian - UK News4 months ago
From Team Reeves to Manchesterism: Labour’s four economic camps explained
UK NewsPoliticsBusiness

From Team Reeves to Manchesterism: Labour’s four economic camps explained

Wes Streeting or Andy Burnham could launch a leadership bid – here are policies from which they could chooseWes Streeting may not have launched a leadership challenge against Keir Starmer, but he has...

The Guardian - UK News4 months ago
British Gas faces record £112m settlement over prepayment meter scandal
UK NewsBusiness

British Gas faces record £112m settlement over prepayment meter scandal

Redress to customers for force-fitting devices in homes includes £20m penalty and £70m of debt write-offsThousands of British Gas customers who had prepayment meters force-fitted in their homes will b...

The Guardian - UK News4 months ago
Tesco boss’s pay rises by more than £1m to £10.8m after market share surge
UK NewsBusiness

Tesco boss’s pay rises by more than £1m to £10.8m after market share surge

Ken Murphy’s pay could rise even higher following scrapping of food waste target and weakness of rivalsBusiness live – latest updatesThe boss of Tesco made £10.8m last year, about £1m more than the ye...

The Guardian - UK News4 months ago
Hopes grow that London Underground strikes could be called off
UK NewsBusiness

Hopes grow that London Underground strikes could be called off

Tube stoppages due on two 24-hour periods next week but sources say RMT seeking talksBusiness live – latest updatesHopes have been raised that next week’s strikes by London Underground drivers could y...

The Guardian - UK News4 months ago
Heathrow could be forced to allow other firms to build third runway to cut costs
UK NewsBusiness

Heathrow could be forced to allow other firms to build third runway to cut costs

Under aviation regulator proposals rival companies would bid to design and build parts of airport expansionBusiness live – latest updatesHeathrow could be forced to allow other companies to design and...

The Guardian - UK News4 months ago
Christopher Harborne, tycoon who gave £5m to Farage, enters UK rich list at No 6
UK NewsPoliticsBusiness

Christopher Harborne, tycoon who gave £5m to Farage, enters UK rich list at No 6

Crypto billionaire goes straight into top 10 on Sunday Times list, with Noel and Liam Gallagher among other first-timersBusiness live – latest updatesUK politics live – latest updatesChristopher Harbo...

The Guardian - UK News4 months ago
Fears of ‘postal deserts’ as owner of former WH Smith stores puts counters under threat
UK NewsBusiness

Fears of ‘postal deserts’ as owner of former WH Smith stores puts counters under threat

Exclusive: Contract changes mean Post Office outlets inside TG Jones stores would be easier to close, with up to 60 possibly affectedThe owner of WH Smith’s former high street business is aiming to ch...

The Guardian - UK News4 months ago
EU carmakers pave way for Chinese rivals as balance in market shifts
UK NewsBusiness

EU carmakers pave way for Chinese rivals as balance in market shifts

Many European motoring manufacturers are in retreat with plants to off–load – while China’s industry is on the marchThe Chinese carmaker Xpeng is on the hunt for a factory in Europe. Volkswagen is aim...

The Guardian - UK News4 months ago
GB News should lose its licence, says ex-Sky News editor Adam Boulton
UK NewsPoliticsBusiness

GB News should lose its licence, says ex-Sky News editor Adam Boulton

Veteran broadcaster accuses channel of ‘clear violations’ of Ofcom’s due impartiality rulesUK politics live – latest updatesThe former Sky News political editor Adam Boulton has said GB News should lo...

The Guardian - UK News4 months ago
Reeves seizes on surprise UK growth as evidence Labour leadership must stay
UK NewsPoliticsBusiness

Reeves seizes on surprise UK growth as evidence Labour leadership must stay

Chancellor says ‘now not the time to put economic stability at risk’ as ONS records 0.3% growth in first month of Iran warBusiness live – latest updatesAnalysis: Reeves says ‘if economy ain’t broke, d...

The Guardian - UK News4 months ago
Rachel Reeves suggests if it ain’t broke, don’t fix it - as fight to keep her job goes on
UK NewsPoliticsBusiness

Rachel Reeves suggests if it ain’t broke, don’t fix it - as fight to keep her job goes on

The GDP boost has raised the chancellor’s prospects for staying in post, whoever wins the Labour leadership battleBusiness live – latest updatesUK economy records surprise 0.3% growth despite Iran war...

The Guardian - UK News4 months ago
Burberry’s £2,000 Cotswolds handbag hits ‘a sweet spot’ with Americans
UK NewsBusiness

Burberry’s £2,000 Cotswolds handbag hits ‘a sweet spot’ with Americans

Zeal for ‘the Hamptons of England’ has rubbed off on sales, with luxury British fashion brand back to a full-year profitBusiness live – latest updatesThe luxury fashion brand Burberry has said a new £...

The Guardian - UK News4 months ago
Hedge fund proposes £1bn buyout of UK’s biggest private hospital operator
UK NewsBusiness

Hedge fund proposes £1bn buyout of UK’s biggest private hospital operator

Shares in Spire Healthcare jump after approach from Toscafund, founded by City figure known as ‘the Rottweiler’The board of Britain’s largest private hospital operator has backed a buyout proposal wor...

The Guardian - UK News4 months ago
Privately educated CEOs seen as ‘safer bet’ by investors, study finds
UK NewsBusiness

Privately educated CEOs seen as ‘safer bet’ by investors, study finds

Privilege being mistaken for competence as study reveals no evidence to suggest companies run by state-educated peers underperformChief executives who attended private school are perceived by investor...

The Guardian - UK News4 months ago
Why do we keep building on land at risk of flooding?
UK NewsBusiness

Why do we keep building on land at risk of flooding?

A recent study by Aviva found that one in nine new homes in England are being built on land at risk of flooding – often entirely within planning rules. Josh Toussaint-Strauss investigates how the syst...

The Guardian - UK News4 months ago
‘Inevitable’ jet fuel shortages will drive up air fares this summer, says Willie Walsh
UK NewsBusiness

‘Inevitable’ jet fuel shortages will drive up air fares this summer, says Willie Walsh

Impact of disruption from Iran war may be felt into 2027 even if strait of Hormuz reopens, says aviation body bossIncreases in air fares for travellers in Europe are “inevitable” over the peak summer...

The Guardian - UK News5 months ago
‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again
UK NewsPoliticsBusiness

‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again

As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrousBusiness live – latest updatesUK economy records sur...

The Guardian - UK News5 months ago