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UK defence firm Ultra Electronics to pay £15m after SFO bribery investigation
UK NewsBusiness

UK defence firm Ultra Electronics to pay £15m after SFO bribery investigation

Company accepts it failed to prevent bribery in connection with contracts in Algeria and Oman sought through agentsThe British defence company Ultra Electronics has accepted responsibility for a failu...

The Guardian - UK News5 months ago
Octopus Energy boss: some people would accept blackouts if bills cut
UK NewsBusiness

Octopus Energy boss: some people would accept blackouts if bills cut

Greg Jackson argues against costly investments in UK’s power grid that are adding to household billsThe boss of the UK’s biggest energy supplier has suggested that some households would accept an occa...

The Guardian - UK News5 months ago
End of Trump tariffs on whisky sparks row between Scottish parties over claiming credit
UK NewsPoliticsBusiness

End of Trump tariffs on whisky sparks row between Scottish parties over claiming credit

First minister John Swinney says he played significant role but Labour rejects claim and accuses SNP of hypocrisyDonald Trump’s announcement that he will lift punishing US tariffs on scotch whisky has...

The Guardian - UK News5 months ago
‘Temu Range Rover’: what the bestselling Jaecoo 7 says about China’s electric car ascendancy
UK NewsBusinessTechnology

‘Temu Range Rover’: what the bestselling Jaecoo 7 says about China’s electric car ascendancy

Loaded with extras and produced at a cut price, the crossover SUV has overtaken rival cars from US, Japanese and Korean firmsThe UK is no stranger to foreign cars. The bestseller lists in recent years...

The Guardian - UK News5 months ago
Czech energy group hints at combined bid for British Steel and Speciality Steel UK
UK NewsBusiness

Czech energy group hints at combined bid for British Steel and Speciality Steel UK

Exclusive: Sev.en Global Investments could turn state-owned businesses into Britain’s biggest steelmakerThe owner of the UK’s largest electric steelworks has said the government should find a single b...

The Guardian - UK News5 months ago
FCA faces four lawsuits over £9.1bn compensation scheme for car loan victims
UK NewsBusiness

FCA faces four lawsuits over £9.1bn compensation scheme for car loan victims

Watchdog says legal challenges from Consumer Voice and three lenders ‘create fresh uncertainty for millions of consumers’The UK financial watchdog is facing four legal challenges against its £9.1bn co...

The Guardian - UK News5 months ago
Superdry cofounder James Holder found guilty of raping woman after night out
UK NewsBusiness

Superdry cofounder James Holder found guilty of raping woman after night out

Court heard woman asked businessman to stop but he did not, even when she started cryingJames Holder, a cofounder of the clothing firm Superdry, has been found guilty of raping a woman after a night o...

The Guardian - UK News5 months ago
NatWest faces £140m hit from Iran war as UK growth slows and inflation rises
UK NewsBusiness

NatWest faces £140m hit from Iran war as UK growth slows and inflation rises

Profits ahead of expectations but almost half of £283m impairment charge follows forecast reassessmentNatWest said the economic fallout from the conflict in the Middle East could cost it £140m amid sl...

The Guardian - UK News5 months ago
UK house prices jump despite impact of Middle East conflict
UK NewsBusiness

UK house prices jump despite impact of Middle East conflict

Rise of 3% in April, the fastest annual pace in 11 months, leaves typical property worth £278,880, says NationwideHouse price growth in the UK has surprised estate agents and economists by jumping in...

The Guardian - UK News5 months ago
Watchdog weighs investigation into Farage’s undisclosed £5m gift
UK NewsPoliticsBusiness

Watchdog weighs investigation into Farage’s undisclosed £5m gift

Electoral Commission considers inquiry after Tories said Reform leader should have declared money from billionaireUK politics live – latest updatesAnalysis: Farage’s bid to get ahead of story only rai...

The Guardian - UK News5 months ago
MPs accuse South East Water leaders of incompetence over repeated outages
UK NewsBusiness

MPs accuse South East Water leaders of incompetence over repeated outages

Resignation of non-executive chair Chris Train announced after publication of damning Commons committee reportBusiness live – latest updatesMPs have accused the leadership of South East Water of incom...

The Guardian - UK News5 months ago
‘Major labels are trying to scoop up everything’: the chaotic future for indie music companies – and why vinyl isn’t working
BusinessEntertainmentMusic

‘Major labels are trying to scoop up everything’: the chaotic future for indie music companies – and why vinyl isn’t working

As stalwarts Sub Pop and Rough Trade celebrate big anniversaries, insiders speak candidly about the challenges they face. Can streaming ever ensure their survival?In the late 1980s, the fledgling Seat...

The Guardian Music5 months ago
Claire’s expected to return to UK high streets with about 50 stores from June
UK NewsBusiness

Claire’s expected to return to UK high streets with about 50 stores from June

Exclusive: Accessories chain will be reopened in the UK by its operator in France, Austria, Portugal and SpainThe jewellery and accessories chain Claire’s is expected to return to UK high streets with...

The Guardian - UK News5 months ago
Tony Blair’s thinktank urges Labour to scrap ‘unaffordable’ pension triple lock
UK NewsPoliticsBusiness

Tony Blair’s thinktank urges Labour to scrap ‘unaffordable’ pension triple lock

State pension was ‘built for a different era’, says former PM’s organisation amid pressure on government financesLabour has been urged by Tony Blair’s thinktank to scrap the pensions triple lock amid...

The Guardian - UK News5 months ago
Trump to lift tariffs on scotch whisky after king’s US visit
UK NewsBusiness

Trump to lift tariffs on scotch whisky after king’s US visit

President says decision made ‘in honor of the king and queen’ as industry officials call deal ‘significant boost’In a gesture of diplomatic friendliness after King Charles’s visit to the White House,...

The Guardian - UK News5 months ago
Bank of England warns ‘higher inflation unavoidable’ after holding interest rates
UK NewsBusiness

Bank of England warns ‘higher inflation unavoidable’ after holding interest rates

Governor says decision to keep rates at 3.75% reasonable given unpredictability of events unfolding in Middle EastBusiness live – latest updatesWhy Bank kept rates on hold despite UK bracing for Trump...

The Guardian - UK News5 months ago
Financial Times journalists in dispute with management over plans for office days
UK NewsBusiness

Financial Times journalists in dispute with management over plans for office days

FT branch of NUJ say there is not ‘compelling case’ for mandate for editorial staff to be in office four days a weekJournalists at the Financial Times are at loggerheads with the publication’s managem...

The Guardian - UK News5 months ago
Why Bank kept interest rates on hold despite message for UK to brace itself for Trumpflation
UK NewsPoliticsBusiness

Why Bank kept interest rates on hold despite message for UK to brace itself for Trumpflation

The reasons are hardly comforting, pointing to the weakness of a battered economy in the face of this latest crisisBusiness live – latest updatesBank warns ‘higher inflation unavoidable’ after leaving...

The Guardian - UK News5 months ago
Last Beefeater and Brewers Fayre restaurants to close, with loss of 3,800 jobs, Premier Inn owner says
UK NewsBusinessLifestyle

Last Beefeater and Brewers Fayre restaurants to close, with loss of 3,800 jobs, Premier Inn owner says

Whitbread to call time on restaurants in UK and Ireland blaming higher costs and taxes for latest strategic resetPremier Inn owner Whitbread is to cut about 3,800 jobs in the UK and Ireland and shut i...

The Guardian - UK News5 months ago
Revealed: British ad firm’s billion-dollar greenwash of US oil industry
UK NewsBusiness

Revealed: British ad firm’s billion-dollar greenwash of US oil industry

WPP accused of breaching its climate policy after report reveals firm linked to twice as much oil advertising as US rivalsA British advertising conglomerate has helped the oil companies ExxonMobil, Ch...

The Guardian - UK News5 months ago