Lower income households are set to be £500 poorer due to benefit cuts and a weak economic outlook, a thinktank has found. Living standards are on...
The Chinese owner of British Steel has rejected a £500m state rescue package in a move which raises fresh doubts about thousands of steel industry jobs....
Rachel Reeves has delivered her much anticipated spring statement today. The chancellor’s statement is not a formal budget – as Labour pledged to only deliver one...
The rate of inflation eased back by more than expected in February, according to official figures released ahead of a predicted leap in the pace of...
Lakeland, the family-owned homewares retailer, has become the latest takeover target for an investment vehicle which has rapidly become one of the industry’s most acquisitive investors....
The Office for Budget Responsibility has halved the UK growth forecast for 2025 from 2% to 1%, Chancellor Rachel Reeves has said. However, the fiscal watchdog...
Rachel Reeves will unveil further welfare cuts in her spring statement after being told the reforms announced last week will save less than planned, Sky News...
Remember “securonomics”? It was the buzzword Rachel Reeves gave to her economic philosophy back before the election. The idea was that in the late 2020s, the...
A new boxing format which promises to eliminate often-controversial human judging decisions is in talks to raise $50m from heavyweight investors amid a broader shake-up in...
The civil service is to be told to cut more than £2bn from its budget as part of the government’s spending review. Chancellor Rachel Reeves is...
Lawyers for Harrods are proposing six-figure payouts to settle claims brought by sexual abuse victims of the London department store’s former owner, Mohamed al Fayed. Sky...
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, the stainless...
Heathrow Airport is to remain shut until midnight after a large fire at a nearby electricity substation, disrupting travel for thousands of passengers. Tracking site Flightradar24...
Government spending and borrowing have defied expectations resulting in “perilous” public finances and placing pressure on the chancellor to raise taxes or cut spending. Government borrowing...
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, the stainless...
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 central bank’s...
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 inflation are...