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UK construction firms face some of sharpest cost rises in nearly 30 years
UK NewsBusiness

UK construction firms face some of sharpest cost rises in nearly 30 years

Monthly rise in prices of fuel and raw materials, driven by Iran war, is one of steepest since survey began in 1997Business live – latest updatesConstruction companies in the UK are experiencing some...

The Guardian - UK News5 months ago
Trains in southern England disrupted after fault in radio system
UK NewsBusiness

Trains in southern England disrupted after fault in radio system

London Waterloo services particularly hit after radio network problem prevented communication between drivers and signallersTrains in parts of southern England have been severely disrupted after a fau...

The Guardian - UK News5 months ago
‘Restaurants won’t survive’: Michelin chef opens venues abroad to withstand UK taxes
UK NewsBusinessLifestyle

‘Restaurants won’t survive’: Michelin chef opens venues abroad to withstand UK taxes

Jason Atherton, who has restaurants in Dubai, St Moritz and now Tuscany, says it’s tough to stay afloat in UK hospitality industryA British Michelin-starred chef says he is opening restaurants abroad...

The Guardian - UK News5 months ago
Fertiliser shortages to have dramatic effect on food prices, says Duke of Westminster’s firm
UK NewsBusiness

Fertiliser shortages to have dramatic effect on food prices, says Duke of Westminster’s firm

Powerful property and farming firm Grosvenor Group says knock-on effect of Iran war could arrive next yearFertiliser shortages caused by the Iran war have driven up costs for UK farmers by up to 70% a...

The Guardian - UK News5 months ago
Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges
UK NewsPoliticsBusiness

Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges

Cap of 20mph in towns and cities and 60mph on motorways would cut fuel demand and combat rising prices, IPPR saysBritain should lower speed limits for drivers as part of a package of measures to reduc...

The Guardian - UK News5 months ago
Trainline says Middle East tensions hitting European rail bookings
UK NewsPoliticsBusiness

Trainline says Middle East tensions hitting European rail bookings

Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year Business live – latest updatesTrainline has said the US standoff with Iran is hitting its rev...

The Guardian - UK News5 months ago
Up to 150 former WH Smith stores face closure, putting thousands of jobs at risk
UK NewsBusiness

Up to 150 former WH Smith stores face closure, putting thousands of jobs at risk

Modella Capital, which rebranded shops as TG Jones, unveils radical restructuring plan, including rent holidaysUp to 150 former WH Smith stores are likely to close, putting thousands of jobs at risk u...

The Guardian - UK News5 months ago
Airlines among companies using fuel surcharges to cover surge in costs, UK survey shows
UK NewsPoliticsBusiness

Airlines among companies using fuel surcharges to cover surge in costs, UK survey shows

Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra materials costsOil prices fall as Trump hails ‘progress’ on Iran dealAirlines and other comp...

The Guardian - UK News5 months ago
JD Wetherspoon issues third profit warning this year as costs climb
UK NewsBusiness

JD Wetherspoon issues third profit warning this year as costs climb

Chair Tim Martin says pub chain could miss expectations, in latest sign UK hospitality sector buckling under higher billsBusiness live – latest updatesThe boss of JD Wetherspoon has said the pub chain...

The Guardian - UK News5 months ago
UK regulator launches review of ‘aggressive’ claims management firms amid compensation concerns
UK NewsBusiness

UK regulator launches review of ‘aggressive’ claims management firms amid compensation concerns

FCA focuses on marketing, misleading ads, unfair exit fees and people being signed up without their permissionThe City regulator has launched a review of claims management companies amid concerns that...

The Guardian - UK News5 months ago
‘RAMageddon’: is the era of cheap phones and laptops over?
UK NewsBusinessTechnology

‘RAMageddon’: is the era of cheap phones and laptops over?

Bargains are disappearing and the cost of gadgets such as MacBooks and PS5s is rising as AI competes for memory chipsThe end of the cheap laptop, the bargain phone and affordable games consoles may be...

The Guardian - UK News5 months ago
Four in five Britons worried Iran war will make food more expensive, poll finds
UK NewsBusiness

Four in five Britons worried Iran war will make food more expensive, poll finds

Shoppers concerned about effect of Middle East conflict, as UK retailers say government running out of time to cut costsFour in five people are worried that the Iran war will make food more expensive,...

The Guardian - UK News5 months ago
Reinstate windfall tax on banks after surge in profits, TUC urges
UK NewsPoliticsBusiness

Reinstate windfall tax on banks after surge in profits, TUC urges

Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter An increased windfall tax should be imposed on the UK’s largest banks according to t...

The Guardian - UK News5 months ago
Tell us: are you caught up in the NS&I lost funds issue?
UK NewsBusiness

Tell us: are you caught up in the NS&I lost funds issue?

If you’re affected by the National Savings and Investments lost funds scandal, we would like to hear from youThis month the state-backed National Savings and Investments (NS&I) bank will share its pl...

The Guardian - UK News5 months ago
UK homebuyers face worst mortgage affordability since 2008, data shows
UK NewsBusiness

UK homebuyers face worst mortgage affordability since 2008, data shows

‘Least affordable’ areas mainly in London commuter belt, UK Finance finds, with Iran war not yet reflected in dataBusiness live – latest updatesUK homebuyers are facing the worst mortgage affordabilit...

The Guardian - UK News5 months ago
HSBC profits fall amid $400m fraud-related charge and Iran war
UK NewsBusiness

HSBC profits fall amid $400m fraud-related charge and Iran war

London-headquartered bank’s shares slide as it sets aside an extra $300m to cover effects of Middle East conflictBusiness live – latest updatesHSBC has taken a $1.3bn (£961m) hit to profits, amid the...

The Guardian - UK News5 months ago
New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998
UK NewsPoliticsBusiness

New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998

Inflation fears fuelled by Iran war and renewed uncertainty over Starmer’s leadership prompt bond sell-offThe risk to Labour’s tax and spending plans from the war in Iran was underscored on Tuesday, a...

The Guardian - UK News5 months ago
UK electric car sales leap ‘could be hit by Iran war inflation and energy price rises’
UK NewsBusinessTechnology

UK electric car sales leap ‘could be hit by Iran war inflation and energy price rises’

BEV sales jumped nearly 60% in April, taking total electric car registrations to more than 2m, says SMMTBusiness live – latest updatesA recent jump in electric car sales in the UK is likely to be “tem...

The Guardian - UK News5 months ago
Vodafone to take full control of UK mobile operator in £4.3bn deal
UK NewsBusiness

Vodafone to take full control of UK mobile operator in £4.3bn deal

Hong Kong conglomerate CK Hutchison agrees to sell 49% stake as it attempts to reshape its portfolioBusiness live – latest updatesVodafone is to take full control of the UK’s biggest mobile operator i...

The Guardian - UK News5 months ago
‘There is a good deal of fear’: what would a Labour leadership challenge mean for bond markets?
UK NewsPoliticsBusiness

‘There is a good deal of fear’: what would a Labour leadership challenge mean for bond markets?

Rayner and Burnham are trying to gain markets’ confidence amid concerns they could loosen fiscal rules if they replace StarmerWho calls the shots on the bin collections in Sunderland, potholes in Hack...

The Guardian - UK News5 months ago