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Business

Lower-income households set to be £500 poorer after chancellor’s spring statement – thinktank

Lower income households are set to be £500 poorer due to benefit cuts and a weak economic outlook, a thinktank has found. Living standards...

by admin March 27, 2025
Lower-income households set to be £500 poorer after chancellor's spring statement - thinktank
Business

British Steel’s Chinese owner rejects £500m government aid offer

The Chinese owner of British Steel has rejected a £500m state rescue package in a move which raises fresh doubts about thousands of steel...

by admin March 26, 2025
British Steel's Chinese owner rejects £500m government aid offer
Business

After chancellor’s spring statement we end more or less where we began

Nothing to see here – nothing has changed. That, at least, was the message the chancellor probably wants us to walk away with today,...

by admin March 26, 2025
After chancellor's spring statement we end more or less where we began
Business

Spring statement 2025 key takeaways

Rachel Reeves is delivering her spring statement. Keep refreshing this page for the latest updates. The chancellor’s statement is not a formal budget –...

by admin March 26, 2025
Spring statement 2025 key takeaways
Business

Inflation eases to 2.8% in February – but big leap lurks

The rate of inflation eased back by more than expected in February, according to official figures released ahead of a predicted leap in the...

by admin March 26, 2025
Inflation eases to 2.8% in February - but big leap lurks
Business

Chancellor Rachel Reeves expected to announce further welfare cuts in spring statement

Rachel Reeves will unveil further welfare cuts in her spring statement after being told the reforms announced last week will save less than planned,...

by admin March 25, 2025
Chancellor Rachel Reeves expected to announce further welfare cuts in spring statement
Business

Spring statement: Rachel Reeves to bring back ‘securonomics’ but in a markedly different guise

Remember “securonomics”? It was the buzzword Rachel Reeves gave to her economic philosophy back before the election. The idea was that in the late...

by admin March 25, 2025
Spring statement: Rachel Reeves to bring back 'securonomics' but in a markedly different guise
Business

Tesla sales slump 40% across Europe as Elon Musk backlash grows

Tesla sales across Europe plunged 40% last month, raising further questions over the extent drivers are being put off by its chief executive Elon...

by admin March 25, 2025
Tesla sales slump 40% across Europe as Elon Musk backlash grows
Business

Shell’s new strategy is good news for your savings

You can be sure of Shell, as it was put in the old advertising slogan, the veracity of which was borne out today. Ahead...

by admin March 25, 2025
Shell's new strategy is good news for your savings
Business

Why increasing number of farmers are at crisis point – and Prince William is being urged to ‘speak up’

A farming mental health charity supported by Prince William has told Sky News it has seen a direct link between recent government policies and...

by admin March 25, 2025
Why increasing number of farmers are at crisis point - and Prince William is being urged to 'speak up'
Business

Airlines threaten Heathrow with legal action

A body representing more than 90 airlines using Heathrow Airport has threatened to take legal action if a settlement over the costs they incurred...

by admin March 24, 2025
Airlines threaten Heathrow with legal action
Business

List of closures as hundreds at risk of redundancy due to Morrisons shutting cafes, meat counters and convenience stores

Roughly 365 jobs could be lost at Morrisons shops across Britain as cafes and in-store services are to close. Those hundreds of roles are...

by admin March 24, 2025
List of closures as hundreds at risk of redundancy due to Morrisons shutting cafes, meat counters and convenience stores
Business

Trump trade war: Hopes rise for limited escalation

Global financial markets are giving a cautious welcome to reports the Trump administration is to row back on elements of its threatened trade war...

by admin March 24, 2025
Trump trade war: Hopes rise for limited escalation
Business

National Grid boss claims Heathrow had ‘enough power’ despite shutdown

The chief executive of National Grid has claimed that Heathrow Airport had enough power from other substations despite Friday’s shutdown. Around 1,300 flights were...

by admin March 24, 2025
National Grid boss claims Heathrow had 'enough power' despite shutdown
Business

A ‘few flights’ to leave Heathrow tonight as 200,000 passengers are affected by ‘unprecedented’ shutdown

Heathrow Airport will reopen for a limited number of flights today, after a large fire at a nearby electrical substation disrupted travel for around...

by admin March 21, 2025
A 'few flights' to leave Heathrow tonight as 200,000 passengers are affected by 'unprecedented' shutdown
Business

Heathrow closure throws travel plans into chaos – as weddings, rugby tours and Arctic Circle trips affected

Thousands of passengers are facing delays and cancellations after Heathrow, Europe’s busiest airport, was forced to close following a fire at a nearby substation....

by admin March 21, 2025
Heathrow closure throws travel plans into chaos - as weddings, rugby tours and Arctic Circle trips affected
Business

UK government borrowing and spending defies expectations, adding to tax rise or spending cut pressure

Government spending and borrowing have defied expectations, resulting in “perilous” public finances and placing pressure on the chancellor to raise taxes or cut spending....

by admin March 21, 2025
UK government borrowing and spending defies expectations, adding to tax rise or spending cut pressure
Business

How Donald Trump’s tariffs are wreaking chaos in the British metal industry

As the clock ticked down towards 12.01am Eastern Standard Time on 12 March, Liam Bates kept refreshing his browser. Over the preceding weeks, Marcegaglia,...

by admin March 21, 2025
How Donald Trump's tariffs are wreaking chaos in the British metal industry
Business

Bank of England holds interest rate at 4.5% amid trade war uncertainty

The Bank of England has kept interest rates on hold as it warned of growing economic uncertainty linked to Donald Trump’s trade war.  The...

by admin March 20, 2025
Bank of England holds interest rate at 4.5% amid trade war uncertainty
Business

Bank of England cautious as inflationary tiger stalks weak economy

The Bank’s decision to hold rates did not come as a surprise but the vote was more unified than expected. It suggests concerns about...

by admin March 20, 2025
Bank of England cautious as inflationary tiger stalks weak economy
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