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Stock markets will fall, Bank of England deputy governor says
UK NewsBusiness

Stock markets will fall, Bank of England deputy governor says

Sarah Breeden predicts ‘adjustment’ due to elevated risk including private credit and highly valued AI stocksBusiness live – latest updatesRecord-high global stock markets do not reflect the risks in...

The Guardian - UK News5 months ago
‘Dumb mistake’: Mayfair club Annabel’s gave managers bonus from staff service charge
UK NewsBusiness

‘Dumb mistake’: Mayfair club Annabel’s gave managers bonus from staff service charge

Exclusive: Owner says private members venue is changing policy after revolt over division of pre-Christmas moneyThe restaurant tycoon Richard Caring has admitted his private members club Annabel’s mad...

The Guardian - UK News5 months ago
Reform UK asks steel bosses to draft ‘alternative strategy’ for industry
UK NewsPoliticsBusiness

Reform UK asks steel bosses to draft ‘alternative strategy’ for industry

Industry sceptical as Nigel Farage’s party goes on charm offensive to help win over former Labour heartlandsReform UK has asked steel bosses to draw up an “alternative steel strategy” to rival recent...

The Guardian - UK News5 months ago
Revealed: UK oil refinery owner moved Russian loans to offshore subsidiary where sanctions did not apply
UK NewsBusiness

Revealed: UK oil refinery owner moved Russian loans to offshore subsidiary where sanctions did not apply

MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to MauritiusDays after the first wave of Russian tanks surged over the border...

The Guardian - UK News5 months ago
Stocks and shares Isas: are they right for me, and where is best to invest?
UK NewsBusiness

Stocks and shares Isas: are they right for me, and where is best to invest?

Some people are put off by myriad investment options. Here is a guide to the key decisions to help you choose ‘Savvy Squirrel’ ad campaign looks to push Britons towards investingThe UK government is k...

The Guardian - UK News5 months ago
UK braces for price rises driven by Iran war as economic confidence plummets
UK NewsPoliticsBusiness

UK braces for price rises driven by Iran war as economic confidence plummets

Consumer confidence hit its lowest level since October 2023 this month, with surveys showing the cost pressures companies are facingConfidence in the UK economy has fallen sharply amid the mounting ec...

The Guardian - UK News5 months ago
BP board suffers triple climate rebellion from shareholders
UK NewsBusiness

BP board suffers triple climate rebellion from shareholders

More than 50% of voters at first AGM under new leadership oppose plans to scrap climate reportingBP’s board has suffered a triple climate rebellion in its first shareholder meeting since appointing ne...

The Guardian - UK News5 months ago
UK undershoots annual borrowing target by £700m
UK NewsPoliticsBusiness

UK undershoots annual borrowing target by £700m

Figure hits three-year low but Iran war expected to blow hole in Reeves’s fiscal ‘headroom’The UK government budget came in below its annual borrowing target by £700m, official figures show – but the...

The Guardian - UK News5 months ago
Plan for healthier school meals in England will hit services, say caterers
UK NewsBusinessHealth

Plan for healthier school meals in England will hit services, say caterers

Trade body warns that changes are likely to drive up costs and push pupils to find somewhere to buy junk food Business live – latest updatesA government push to get schoolchildren eating more lentils,...

The Guardian - UK News5 months ago
Sainsbury’s boss urges government to help ease rising energy costs for food producers
UK NewsBusiness

Sainsbury’s boss urges government to help ease rising energy costs for food producers

Simon Roberts says support for bills on back of Iran war should include ‘food growing, manufacturing and retailing’The boss of Sainsbury’s has called on the government to help ease the rising cost of...

The Guardian - UK News5 months ago
Bibby Stockholm asylum barge contractor admits overcharging UK government £118m
UK NewsPoliticsBusiness

Bibby Stockholm asylum barge contractor admits overcharging UK government £118m

Australia’s Corporate Travel Management is ‘negotiating commercial arrangements’ to refund the moneyThe Australian company that ran the Bibby Stockholm asylum barge has admitted it overcharged the Bri...

The Guardian - UK News5 months ago
Starmer urged to bring in ticket-touting ban as resellers target Big Weekend
UK NewsPoliticsBusiness

Starmer urged to bring in ticket-touting ban as resellers target Big Weekend

Industry groups dismayed at hints policy will not be in king’s speech, as touts make huge sums from BBC Radio 1 eventKeir Starmer has been urged to honour his pledge to ban ticket touting, amid fears...

The Guardian - UK News5 months ago
UK looked at ways to ‘open doors’ to US chlorinated chicken, FoI request shows
UK NewsPoliticsBusiness

UK looked at ways to ‘open doors’ to US chlorinated chicken, FoI request shows

Exclusive: Documents released to campaign group 38 Degrees reveal UK officials briefed on possibility of altering food standardsBritish officials were briefed on the possibility of allowing chemical-w...

The Guardian - UK News5 months ago
City firms bank on ‘Savvy Squirrel’ advertising campaign to push Britons towards investing
UK NewsPoliticsBusiness

City firms bank on ‘Savvy Squirrel’ advertising campaign to push Britons towards investing

The campaign is part of government initiative to boost financial risk taking, amid fears UK growth is being stymiedNils Pratley: the ‘Savvy Squirrel looks a bit too tame’City firms are pinning their h...

The Guardian - UK News5 months ago
Iran war pushing up till price of some drugs by up to 30%, pharmacies warn
UK NewsBusinessHealth

Iran war pushing up till price of some drugs by up to 30%, pharmacies warn

Chemists in England say cost of painkillers like paracetamol and hay fever treatments has jumped since FebruaryThe war in Iran has pushed up the price of widely used medicines in England, including pa...

The Guardian - UK News5 months ago
London faces more disruption as second 24-hour tube strike begins
UK NewsBusiness

London faces more disruption as second 24-hour tube strike begins

RMT union drivers continue strike action against London Underground plans for a voluntary four-day weekCommuters in London face another two days of disruption as a second 24-hour tube strike starts fr...

The Guardian - UK News5 months ago
Number of billionaires globally could reach 4,000 in next five years
UK NewsBusinessTechnology

Number of billionaires globally could reach 4,000 in next five years

There are now 3,110 billionaires but analysis shows ‘deep structural acceleration’ in wealth creation around worldThe number of billionaires in the world could reach nearly 4,000 by 2031, figures sugg...

The Guardian - UK News5 months ago
Use of toxic Pfas in consumer goods must be urgently restricted, MPs say
UK NewsBusinessHealth

Use of toxic Pfas in consumer goods must be urgently restricted, MPs say

Commons committee heard from residents of Yorkshire town with the highest levels of ‘forever chemicals’ in UKOn 15 January, members of the House of Commons environmental audit committee (EAC) visited...

The Guardian - UK News5 months ago
Taxes on UK workers have risen at fastest rate in rich world, says OECD
UK NewsPoliticsBusiness

Taxes on UK workers have risen at fastest rate in rich world, says OECD

Economic body found Britain had the biggest increase in ‘tax wedge’ out of 38 member nations last yearTaxes on workers in Britain rose at the fastest rate among the world’s richest economies last year...

The Guardian - UK News5 months ago
UK inflation rises to 3.3% amid biggest jump in fuel prices in more than three years
UK NewsBusiness

UK inflation rises to 3.3% amid biggest jump in fuel prices in more than three years

Annual March rate shows impact of Iran war, which also pushed up cost of food and air faresUK inflation accelerated to 3.3% in March after the Iran war triggered the biggest jump in fuel prices for mo...

The Guardian - UK News5 months ago