Finance

The deal has been cleared on national security grounds, taking the Royal Mail a step closer to falling into foreign ownership.

It’s hoped that the penalty will act as a "clear warning" to the whole water sector, regulator Ofwat said.

Prime Minister Keir Starmer has defended the decision to reject compensation for women hit by changes to the state pension age, arguing that the taxpayer "simply can’t afford the tens of billions of pounds" in payments.

Inflation has increased again in the UK.

The highest outstanding student debt in the UK has topped more than £250,000, figures obtained by Money show.

The sale of Royal Mail’s parent company to a Czech billionaire has received government approval, according to a report.

Staff told 400 civil servant roles will go in voluntary exit scheme, with Whitehall braced for further cuts

Sources say there is belief that service has become too big after growing during Brexit and pandemic years

Chancellor Rachel Reeves is pushing her cabinet colleagues to find major savings in their departments. In a case of very awkward timing, new figures reveal one recently spent almost £1,200 on two luxury leather folders.

Train operators in the UK are the most expensive in Europe, according to new analysis.

A Chinese competition investigation has knocked more than $100bn off the valuation of a US tech giant, as Beijing braces ahead of a second Trump presidency.

A website that allows anyone to create their own cryptocurrency in a couple of clicks has been banned in the UK.

House prices have now reached record levels as lower mortgage rates have helped improve buyer confidence for the fifth month in a row.

A £500m deal for 14 new trains has secured hundreds of jobs at Hitachi’s factory in north-east England.

One of the UK’s biggest recruiters has warned that the UK is heading towards recession, blaming the chancellor’s National Insurance hike for a slump in the jobs market.

More than half of British employers plan on cutting jobs and raising their prices in response to Labour’s first budget, a Bank of England survey has found.

One the UK’s biggest dairy companies is facing a public backlash after including a new controversial additive in its animal feed in a bid to tackle burping cows.

Move would be last-ditch attempt to save thousands of UK jobs amid standoff with company’s Chinese owners

It marks the latest loss for the London Stock Exchange amid a flurry of takeover deals and speculation this week.

Associates of former Bangladeshi PM Sheikh Hasina have spent millions buying up top-flight property assets in the UK

The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing up borrowing costs for businesses and consumers.

The cost of a TV licence is to rise by £5 to £174.50 in 2025, the government has announced.