Business & Economy

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Bank chief says world ‘too unpredictable’ when forecasting UK economic outlook

Bank chief says world ‘too unpredictable’ when forecasting...

Andrew Bailey said he viewed domestic issues as more important than global ones...

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FTSE 100 underperforms despite Iran-Israel hope

FTSE 100 underperforms despite Iran-Israel hope

The FTSE 100 index closed up just 0.95 points at 8,758.99.

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Weight loss jabs could be starting to affect shopping habits in UK supermarkets

Weight loss jabs could be starting to affect shopping habits...

Four in five users of the drugs say they plan to eat fewer chocolates and crisps,...

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Cut to energy bills for businesses is ‘short-term fix’, industry boss claims

Cut to energy bills for businesses is ‘short-term fix’,...

David Whitehouse of Offshore Energies UK claimed the move from the UK Government...

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Business news live: FTSE 100 closes flat as oil prices drop despite Israel-Iran ceasefire fears

Business news live: FTSE 100 closes flat as oil prices...

Stock markets latest updates and business news on Monday

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Channel migrants working as delivery drivers within hours of arriving – report

Channel migrants working as delivery drivers within hours...

The Sun said Deliveroo and Just Eat delivery accounts were being offered to migrants...

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Cabinet minister compares himself to England footballer Jordan Henderson

Cabinet minister compares himself to England footballer...

Business Secretary Jonathan Reynolds said he views his role as ‘facilitating other...

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Interest rate decision-maker highlights dangers facing Bank of England

Interest rate decision-maker highlights dangers facing...

Stubbornly high inflation risks perpetuating price increases, says senior official

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Co-op to stop sourcing carrots from Israel to ‘support peace and co-operation’

Co-op to stop sourcing carrots from Israel to ‘support...

The grocer will not use ingredients in Co-op branded products or sell whole products...

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Car makers call for planned easing of electricity costs to go further

Car makers call for planned easing of electricity costs...

Proposed relief on standing charges was included in the Industrial Strategy published...

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Grocery prices rise again to 4.7% more expensive than a year ago

Grocery prices rise again to 4.7% more expensive than a...

The figure is up from 4.1% last month, which was a rise from 3.8% in April, according...

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UK oil and gas industry welcomes talk of ceasefire in Middle East

UK oil and gas industry welcomes talk of ceasefire in Middle...

The chief executive of Offshore Energies UK said there has already been a drop in...

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Bunzl set for stronger revenues after acquisition deals

Bunzl set for stronger revenues after acquisition deals

It came as Bunzl also announced its latest acquisition deal to buy Brazilion food...

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Oil prices drop sharply following announcement of Iran-Israel ceasefire

Oil prices drop sharply following announcement of Iran-Israel...

Brent Crude has dropped back to under $68 a barrel

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Thousands of jobs to be created at Amazon’s new UK warehouses

Thousands of jobs to be created at Amazon’s new UK warehouses

Prime Minister Sir Keir Starmer lauded the expansion plans as a ‘major win’ for...

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Government ‘passive’ in recovering £1.9bn of Covid loan losses, MPs warn

Government ‘passive’ in recovering £1.9bn of Covid loan...

The Public Accounts Committee criticised the lack of incentive for lenders to recover...

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Resident doctors ‘energised’ over prospect of more strikes, medics say

Resident doctors ‘energised’ over prospect of more strikes,...

Doctors in training, formerly known as junior doctors, said their cries have ‘fallen...

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DWP under pressure as Waspi wins key legal protection in state pension age row

DWP under pressure as Waspi wins key legal protection in...

Waspi campaigners say they have secured a vital legal safeguard in their bid for...

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Inheritance tax warning: Gifting rules explained as Britons rush to cut their bill before Rachel Reeves's pension grab

Inheritance tax warning: Gifting rules explained as Britons...

Inheritance tax (IHT) receipts have surged to £1.48 billion in just two months,...

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'It's not a side hustle, but it's made me thousands': Woman shares simple habit that 'really adds up over time!'

'It's not a side hustle, but it's made me thousands': Woman...

Nicola Frapwell, 34, has saved thousands of pounds by making small but consistent...

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Will Nigel Farage's 'Robin Hood' tax make YOU richer or poorer? We asked the six leading finance experts

Will Nigel Farage's 'Robin Hood' tax make YOU richer or...

Reform UK leader Nigel Farage has unveiled one of his party's boldest policies yet...

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DWP alert: Eight reasons your PIP payments could be stopped ahead of benefit crackdown

DWP alert: Eight reasons your PIP payments could be stopped...

The Department for Work and Pensions could stop Personal Independence Payment benefits...

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Pension crisis looms as renters face £900,000 wealth gap by retirement

Pension crisis looms as renters face £900,000 wealth gap...

Renters face a staggering £889,189 shortfall compared to homeowners over the next...

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Former England footballer faces bankruptcy after 'being hit with HRMC bankruptcy petition'

Former England footballer faces bankruptcy after 'being...

Former England international Shaun Wright-Phillips is facing a bankruptcy petition...

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Best savings accounts of the week: Britons urged to 'review and switch' to 7.5% interest rates - full list

Best savings accounts of the week: Britons urged to 'review...

Savers are being urged to take "review and switch" bank accounts before banks and...

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Savings crisis as bank customers risk losing more than £500 after 'falling into account trap'

Savings crisis as bank customers risk losing more than...

Analysts are warning that bank customers are at risk of losing more than £500 due...

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Energy price cap could more than double to £4.5k a year as US-Iran conflict could hike UK bills: 'Disaster!'

Energy price cap could more than double to £4.5k a year...

Analysts are sounding the alarm that the energy price cap could more than double...

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Ftse 100 drops after Iran's threat to close Strait of Hormuz trade route before making recovery

Ftse 100 drops after Iran's threat to close Strait of Hormuz...

The Ftse 100 dropped this morning, before recovering, in reaction to the US attacking...

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State pension alert: Britons could get 'early access' to payments under DWP proposal

State pension alert: Britons could get 'early access' to...

State pension payments should be paid "early" to certain claimants and a new benefit...

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Bank of England SLAMMED for 'harming ordinary families' after interest rate decision

Bank of England SLAMMED for 'harming ordinary families'...

The Bank of England is being accused of "harming ordinary households" following...

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DWP overhaul to introduce '13-week rule' for Universal Credit and PIP - what you need to know

DWP overhaul to introduce '13-week rule' for Universal...

Universal Credit claimants are being reminded of the pending "13-week rule" that...

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Bank branch closures alert: NatWest to shut down multiple locations next week - full list here

Bank branch closures alert: NatWest to shut down multiple...

NatWest is set to shut down more bank branches next week in a blow to the high street...

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Winter Fuel Payments could be axed for pensioners due to savings rule 'many may not know'

Winter Fuel Payments could be axed for pensioners due to...

Pensioners could lose their Winter Fuel Payment entitlement due to a little-known...

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State pension age increase could 'widen inequalities' in blow to retirees

State pension age increase could 'widen inequalities' in...

Raising the state pension age "could widen inequalities" in a blow to the retirement...

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Pension savers at risk of 'worrying scams' as inheritance tax overhaul looms

Pension savers at risk of 'worrying scams' as inheritance...

Retirement savers are becoming increasingly anxious about forthcoming inheritance...

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Economy alert: Investors face 'uncertainty' as Donald Trump launches airstrikes in Iran-Israel war escalation

Economy alert: Investors face 'uncertainty' as Donald Trump...

Investors in the UK and US face a period of "uncertainty" as sticky inflation and...

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Retirees hit by state pension stealth tax could save up to £8,000 by relocating to these 4 countries

Retirees hit by state pension stealth tax could save up...

British retirees are facing an increasingly heavy tax burden as frozen income tax...

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Amazon reveals new perk for millions of Prime subscribers, but it'll only last 96 hours

Amazon reveals new perk for millions of Prime subscribers,...

If you're an Amazon Prime member, the US shopping giant is poised to launch a four-day...

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Glastonbury owner transfers festival shares to daughter in bid to avoid £80million in inheritance tax

Glastonbury owner transfers festival shares to daughter...

Sir Michael Eavis, the 89-year-old founder and owner of Glastonbury Festival, has...

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Inheritance tax grab 'putting lives at risk' says son of farmer who took own life over Budget fears

Inheritance tax grab 'putting lives at risk' says son of...

Next March could see a heightened risk of suicides among farmers before Labour's...

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Post Office scandal victim outraged as staff linked to cover-up 'now handle compensation claims': 'Another insult!'

Post Office scandal victim outraged as staff linked to...

A victim of the Post Office Horizon IT scandal has called on the company to remove...

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Energy bills could fall by £200 under new price cap shake-up

Energy bills could fall by £200 under new price cap shake-up

British families could soon face a major shift in how they pay for electricity,...

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MAPPED: The six flat tax hotspots that inspired Nigel Farage's 'Robin Hood' non-dom plan - will YOU benefit?

MAPPED: The six flat tax hotspots that inspired Nigel Farage's...

Nigel Farage is proposing a flat-fee tax scheme for wealthy foreigners, offering...

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Bank of England boss defends £150bn losses after Reform UK warns it's a 'systemic misuse of taxpayers' money'

Bank of England boss defends £150bn losses after Reform...

The Bank of England is under fire over £150 billion in losses linked to its bond-selling...

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NS&I announces cut to Premium Bonds prize fund rate in blow to savers - slashing number of high value prizes from August

NS&I announces cut to Premium Bonds prize fund rate in...

NS&I has announced the Premium Bonds prize fund rate will be cut within months.The...

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Tax-free savings under threat as new calls grow to cap Cash ISA limit to £10,000 to boost economy

Tax-free savings under threat as new calls grow to cap...

Savers could soon see big changes to how they use their ISAs under new reform proposals....

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Rachel Reeves faces £66bn blow after tax raid pushes rich to flee UK in record numbers

Rachel Reeves faces £66bn blow after tax raid pushes rich...

Britain faces an unprecedented wealth exodus with 16,500 millionaires expected to...

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Union membership increases in Reform-led councils

Union membership increases in Reform-led councils

Workers are ‘flocking’ to join unions in local authorities now run by Reform, says...

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Cooper still in last-minute talks with Treasury over spending review

Cooper still in last-minute talks with Treasury over spending...

Reports suggesting greater police spending will mean a squeeze on other areas of...

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WPP boss Mark Read to step down amid AI pressure on advertising

WPP boss Mark Read to step down amid AI pressure on advertising

Mr Read took over the top role at the advertising company in 2018 amid a period...

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Key reasons why online shoppers abandon their orders before checkout

Key reasons why online shoppers abandon their orders before...

A consumer survey found that 13 per cent of shoppers often buy multiple sizes of...

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Frasers Group considers takeover deal for Revolution Beauty

Frasers Group considers takeover deal for Revolution Beauty

Mike Ashley’s retail giant ‘is one of a number of parties conducting due diligence’...

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Evri to hire thousands more couriers after deal with DHL

Evri to hire thousands more couriers after deal with DHL

A deal between the two groups has created one of the UK’s largest delivery firms

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Spending review: Schools to get more funding but police warned to ‘do their bit’

Spending review: Schools to get more funding but police...

Technology Secretary Peter Kyle said the Government will commit to the biggest-ever...

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DWP issues urgent warning as millions of Britons have money taken from accounts

DWP issues urgent warning as millions of Britons have money...

The Department for Work and Pensions has issued an urgent warning about fraudulent...

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NatWest banking app DOWN leaving thousands of customers unable to access money

NatWest banking app DOWN leaving thousands of customers...

NatWest banking app is down with customers complaining they have no access to their...

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Nationwide Building Society customers to get free £100 bonus this month - but not everyone is eligible

Nationwide Building Society customers to get free £100...

Nationwide Building Society customers are preparing to receive a free £100 cash...

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State pension alert: 'Remove the triple lock' as 'wealthy' retirees get £13k more than 'suffering' children

State pension alert: 'Remove the triple lock' as 'wealthy'...

Labour is facing calls to "remove the triple lock" from state pension payments due...

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New pension rules to impact anyone with pots under £1,000 – are you affected?

New pension rules to impact anyone with pots under £1,000...

Millions of pension savers with small pots could soon see changes under new Government...

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State pension age row deepens as Waspi hits 'landmark moment' in legal battle for compensation

State pension age row deepens as Waspi hits 'landmark moment'...

Women campaigning over state pension age changes say they've cleared a major hurdle...

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Elon Musk's net worth plummets by $34bn in one day as Trump feud sparks Tesla sell off

Elon Musk's net worth plummets by $34bn in one day as Trump...

Elon Musk's fortune plummeted by $34 billion (approx £26.5 billion) in a single...

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HMRC urges households to apply for £4,000 a year savings 'boost' thanks to tax-free scheme

HMRC urges households to apply for £4,000 a year savings...

HM Revenue and Customs (HMRC) is urging working families to register for Tax-Free...

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River Island owners prepare 'rescue plan' as 230 stores and 5,500 jobs at risk

River Island owners prepare 'rescue plan' as 230 stores...

River Island is the latest retailer at risk of carrying out store closures as the...

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Britons face £30bn tax raid from Rachel Reeves to pay for 'dramatic increase' in Nato defence spending

Britons face £30bn tax raid from Rachel Reeves to pay for...

Britons are in line for a tax raid of up to £30billion in the Autumn Budget to fund...

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Universal Credit claimants to lose nearly £100 per week in DWP overhaul: 'Huge drop in income!'

Universal Credit claimants to lose nearly £100 per week...

Thousands of Universal Credit claimants are at risk of losing nearly £100 per week...

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Frasers boss floats takeover of Revolution Beauty as part of expansion plans

Frasers boss floats takeover of Revolution Beauty as part...

Mike Ashley, the billionaire boss of Frasers Group, is understood to be considering...

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Pension system overhaul to boost economy by 'just a fraction' of Labour forecast in blow to Rachel Reeves

Pension system overhaul to boost economy by 'just a fraction'...

Chancellor Rachel Reeves's ambitious plans to unlock £160billion from pension surpluses...

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'I had to skip dental appointments because I couldn't afford £29 check up': Woman, 69, shares reality of life on the state pension

'I had to skip dental appointments because I couldn't afford...

Before getting help, Sue Sayer, 69, had no idea just how difficult retirement could...

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Reform UK vows to end 'taxpayer rip off' with plan to overhaul public sector pensions

Reform UK vows to end 'taxpayer rip off' with plan to overhaul...

Reform UK has unveiled radical proposals to transform public sector pensions, with...

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Thousands of homebuyers offered lifeline as 'zero-bills' scheme promises no energy costs for up to 10 years

Thousands of homebuyers offered lifeline as 'zero-bills'...

Thousands of new-build homebuyers are being promised a future without energy bills...

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Pensioners could be slapped with stealth tax raid as Rachel Reeves told to ask older Britons 'to pay more'

Pensioners could be slapped with stealth tax raid as Rachel...

Economists are warning that Chancellor Rachel Reeves could launch a tax raid on...

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DWP disaster as households face 'triple hit' of benefit cuts due to PIP and Carer's Allowance reform

DWP disaster as households face 'triple hit' of benefit...

Labour's proposed reforms to Personal Independence Payment (PIP) could result in...

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Universal Credit rule change confirmed but DWP urged to axe benefit cap to 'lift children out of poverty'

Universal Credit rule change confirmed but DWP urged to...

Labour has confirmed a major rule change to Universal Credit, which is set to impact...

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State pensioners could lose up to £70,000 in retirement savings due to 'frozen' triple lock policy

State pensioners could lose up to £70,000 in retirement...

British pensioners who choose to retire abroad could forfeit almost £70,000 in state...

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Savers urged to take action before 'its too late' as Rachel Reeves floats tax raid on ISAs

Savers urged to take action before 'its too late' as Rachel...

Savers in Britain are being warned about a potential tax raid from Chancellor Rachel...

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Retirement crisis looms as older Britons at risk of being 'under pensioned' as savings slashed

Retirement crisis looms as older Britons at risk of being...

Recent research from the Pensions Policy Institute has exposed severe pension inequalities...

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Fire TV Stick owners can save on Sky TV channels for six months with latest Amazon offer

Fire TV Stick owners can save on Sky TV channels for six...

Amazon has teamed up with Sky to offer 6 months of its NOW streaming service for...

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Nationwide Building Society customers could earn £759 savings boost thanks to account switch deal

Nationwide Building Society customers could earn £759 savings...

Nationwide Building Society customers are being urged to switch to one of the financial...

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Winter Fuel Payment U-turn will NOT be confirmed until autumn despite 'pensioners in limbo', Labour confirms

Winter Fuel Payment U-turn will NOT be confirmed until...

Chancellor Rachel Reeves will not confirm whether the Government will U-turn on...

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Rachel Reeves' pension system overhaul could leave savers 'worse off in retirement'

Rachel Reeves' pension system overhaul could leave savers...

Pension savers could see their retirement pots deliver poorer returns under major...

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Keir Starmer's DWP benefit crackdown 'worse than expected' as 340,000 MORE people face 'severest form of poverty'

Keir Starmer's DWP benefit crackdown 'worse than expected'...

Labour's welfare shake-up could hit 340,000 more vulnerable peoople harder than...

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State pension future in doubt as Labour urged to 'introduce means-testing'

State pension future in doubt as Labour urged to 'introduce...

Analysts are urging the Labour Government to "introduce modest means-testing" of...

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REVEALED: Reform’s plan to end taxpayer waste and save £35 BILLION a year

REVEALED: Reform’s plan to end taxpayer waste and save...

Reform UK has a plan to end major amounts of taxpayer cash being wasted by the Bank...

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Nine million pension savers at risk as DWP warns new reforms open door to using schemes as 'piggy-bank'

Nine million pension savers at risk as DWP warns new reforms...

The Department for Work and Pensions' impact assessment has acknowledged that its...

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UK service sector returns to growth as tariff concerns ease

UK service sector returns to growth as tariff concerns...

Firms also reported a slowdown in price inflation for the month despite recent cost...

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WH Smith could disappear from UK high streets within weeks

WH Smith could disappear from UK high streets within weeks

The iconic British chain will see all its high street stores renamed

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Soaring gold price sees more people ‘clear out’ jewellery boxes, Ramsdens says

Soaring gold price sees more people ‘clear out’ jewellery...

The Middlesbrough-based chain has reported a surge in income from its precious metal...

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Government ‘confident’ it can implement US deal in time to protect steel sector

Government ‘confident’ it can implement US deal in time...

UK Steel has urged the Government to ‘apply rocket boosters’ to negotiations.

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S4 Capital downgrades sales outlook as tariff woes hamper economic outlook

S4 Capital downgrades sales outlook as tariff woes hamper...

The group cautioned that like-for-like net revenues are expected to drop by low...

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B&M UK sales squeezed as lower-income consumers miss out on wage rises

B&M UK sales squeezed as lower-income consumers miss out...

The retail chain said cutting some of its prices had resulted in it making less...

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How will the sustainability of the EU’s omnibus transform your CSRD journey?

How will the sustainability of the EU’s omnibus transform...

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The AI transformation in construction risk management

The AI transformation in construction risk management

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How AI growth is driving a revolution in powering data centres

How AI growth is driving a revolution in powering data...

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Retail engagement has evolved – time for your strategy to catch up

Retail engagement has evolved – time for your strategy...

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Creating change: How WGM Engineering is building a sustainable future in the water sector

Creating change: How WGM Engineering is building a sustainable...

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How private labels are shaping vendor negotiations in retail

How private labels are shaping vendor negotiations in retail

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Meldrum Group: solving clients’ construction problems, one innovation at a time

Meldrum Group: solving clients’ construction problems,...

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Alberta: the emerging powerhouse for global data infrastructure

Alberta: the emerging powerhouse for global data infrastructure

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