Finance
568
London rents rise again as Savills warns of double-digit increase across the UK
Analysts have warned rents are being pushed to unsustainable levels amid another yearly jump and concerns there is no natural plateau in sight.
587
Ford to cut hundreds of UK jobs in major round of European layoffs
Ford has said it will cut around 4,000 jobs in Europe, including 800 in the UK and 3,000 in Germany, as it grapples with the transition to electric vehicles (EV).
566
Inflation rises to 2.3% in October after jump in energy bills
Inflation increased to 2.3% in October after a jump in energy bills.
445
Winter fuel cut to push 50,000 people into poverty next year
An additional 50,000 pensioners will be living in relative poverty next year as a result of cuts to the winter fuel allowance, the government’s own estimates have revealed.
394
Budget tax hikes could push more firms into financial trouble, warns insolvency specialist
National insurance increase and higher interest rates mean company failures will stay high, says Begbies Traynor
365
Owner of Aberdeen and Glasgow airports sold in £1.53bn deal
Spanish construction giant Ferrovial and joint venture partner Macquarie agreed to sell AGS Airports to AviAlliance.
484
Major banks announce consecutive interest rate hikes, warning they’re “not small”
A string of big lenders have announced interest rate hikes one after the other - as the mortgage market takes a turn for the worse.
532
UK’s largest lender reports house prices at record high
Reeves’s budget could slow demand but prices have not fallen significantly since post-pandemic ‘race for space’
622
Post-Brexit border scheme to simplify trade delayed once more
Single Trade Window designed to reduce friction on imports and exports will be halted until at least 2026 amid cost fears
409
Wall Street and bitcoin soar to record highs as Trump wins US election
Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a third
477
Bitcoin hits a new record of £58,000 just hours after odds shortened on a Trump win
Bitcoin has reached its highest-ever value as Donald Trump moves closer to an election win.
528
University tuition fees in England set to rise for the first time in eight years
Fees have been frozen at an annual level of £9,250 since the 2017/18 academic year but Education Secretary Bridget Phillipson has now confirmed they will rise from April 2025.
446
10 unpleasant budget surprises hidden in the details – some anticipated, others unexpected
Chancellor Rachel Reeves’ 2024 Budget includes huge funding announcements to rescue public services but there are some nasty details buried in the financial statement
564
Barclays wins bid to reduce UK investors’ $727 million ’dark pool’ lawsuit
Barclays (BARC.L), opens new tab on Friday won its bid to more than halve a shareholders’ lawsuit worth up to 560 million pounds ($727 million) at London’s High Court for allegedly misleading the market about its private "dark pool" trading platforms.
369
Simon Harris warns that the lack of infrastructure could become a ’drag’ on Ireland’s competitiveness
Irish prime minister speaks of need to overcome housing and infrastructural deficits to maintain foreign investment
630
Employment Rights Bill to cost firms £5bn annually, but gains will justify it, says government
The Department for Business and Trade has said the benefits of the employment rights bill will justify the costs it will impose on business amounting to nearly £5bn per year.
575
Rachel Reeves plans to tax businesses to fill the £9 billion black hole in the NHS
Rachel Reeves is set to use one of the most pivotal budgets of recent times to call on businesses to pay more tax to help restore the NHS, amid warnings that the health service has been left with a £9bn hole in its finances.
540
Rachel Reeves expected to extend ‘stealth’ freeze on income tax thresholds
Policy known as ‘fiscal drag’ could bring in as much as £7bn a year after 2028, while dragging workers into paying more tax
411
NHS poised for a 4% budget increase, but health chiefs warn it may not be sufficient
Whitehall source says it would only allow NHS to ‘stand still’ on waiting lists rather than reduce them
395
Report reveals decline in number of female business leaders in Britain in 2024
The number of women who hold executive reins in corporate Britain has fallen for the first time in eight years in an "unacceptable" reversal that could delay gender parity for another five generations, a consultancy said on Thursday.
428
Rachel Reeves plans to cap ISA savings at £500k, targeting ’ISA millionaires’
Rachel Reeves has previously argued that ISAs are primarily benefiting high earners.
407
Repair bill for crumbling NHS buildings in England soars to almost £14bn
NHS Providers chief says ’vital bits of the NHS are literally falling apart after years of underinvestment’
498
Simply Be owner N Brown agrees to £191m takeover by a member of the founding Alliance family
Joshua Alliance to take company private, paying 40p in cash for each share not already owned by himself and family
451
UK inflation drops below 2% for the first time in three and a half years
Bigger than forecast annual drop to 1.7% in September puts pressure on Bank of England to cut interest rates
615
Energy customers struggling with bills warned they could face even higher payments
UK households are battling with rising bills since the Ofgem price cap rose at the start of October. This has sparked increased anxiety over the affordability of energy bills throughout the winter period.
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