Finance

954
England may face 5.5% train fare increase next year
An inflation figure frequently utilized to determine increases in the cost of train travel will be announced on Wednesday.
977
Nearly 2,000 pubs ditch BrewDog as brand faces survival fight
BrewDog beers have been removed from nearly 2,000 British pubs, delivering a significant setback to the brewing company, which had to close 10 of its own pubs just weeks earlier.
854
Cryptocurrency becomes a ticket to the sky: airlines and travel agencies expand payment options
Major international airlines and online travel agencies are expanding payment options and now officially accept cryptocurrency for booking tickets and tours.
686
Loaf on the Line — Kingsmill’s Hovis takeover bid sparks job fears
Jobs expected to go if competition watchdog approves takeover by Associated British Foods
1011
Autumn of taxes: Britons face hikes over £50 billion budget gap
Brits are preparing for tax increases in the autumn after economic growth slowed in the spring, experts warned.
923
Centrica to buy Europe’s biggest LNG import terminal in £1.5bn deal with US partner
Deal for Europe’s biggest facility for LNG imports comes as overall UK gas demand fell sharply last year
911
Arla survey: 13% of farmers ready to quit dairy production due to staff shortage
The Arla cooperative says five in six farmers receive very few or zero applications for job vacancies
981
Lammy faces possible legal challenge over plan to place Shell and BAE Systems staff in Foreign Office
Campaigners argue that having personnel from Shell and BAE Systems positioned within ministries creates a possibility for undue influence.
918
UK unemployment steady at 4.7% but vacancies drop for 37th consecutive month amid slowdown
Employers have reduced annual pay raises and scaled back hiring in recent months as the economic slowdown has impacted the job market.
1077
Government prepares Thames Water bankruptcy plan in case of company collapse
Ministers have prepared insolvency plans for the utility giant Thames Water in the event of a potential collapse, with ministers warning that the company remains in "crisis mode".
857
Bank of England cuts interest rate to 4% in response to sluggish growth
The Bank of England has cut the interest rate to its lowest level in over two years.
953
US raises tariffs to highest level in a century as trade partners panic
Trump’s new tariff system comes into effect, introducing the highest duties in a century
931
Starmer defends economic plan as Reeves faces £51bn budget shortfall
Sir Keir Starmer has defended the Government’s stewardship of the economy amid warnings that taxes will need to rise in the autumn to plug a £51 billion black hole in the public finances.
1031
Price war: Lidl steals Aldi’s title as UK’s cheapest supermarket
Aldi is no longer the cheapest supermarket in the UK - for the first time in nearly two years.
724
Morrisons closes 17 stores and cuts 3,600 jobs after a loss‑making year
Morrisons revealed that they cut 3,600 jobs after closing 17 stores last year following a challenging year.
812
Italy fines Shein €1 million for false claims about “eco‑friendly” clothing
Chinese fast fashion retailer penalised month after €40m fine from French regulator in July
866
Trump tariffs deter UK SMEs from exporting to US, survey finds
Research suggests that trade tariffs imposed by US President Donald Trump have impacted the willingness of smaller companies to export.
1039
ICG strikes £200m agreement to buy three major UK regional airports from Rigby Group
The infrastructure arm of ICG, which is listed in London, will announce the acquisition of three regional UK airports from Rigby Group later this month.
1251
Yorkshire Water CEO received £1.3m in hidden pay via offshore parent company
The company states that additional payments related to work for Kelda Holdings were covered by shareholders, not bill payers.
961
Heathrow to unveil £49bn airport overhaul despite criticism from environmentalists and local residents
Heathrow Airport has unveiled details of its project to expand and modernize the airport at a cost of £49 billion.
688
Mass exodus from NASA: the agency will lose a fifth of its team
Approximately 20% of the employees at the U.S. National Aeronautics and Space Administration are expected to leave the space agency, a NASA spokesperson stated on Friday.
870
New Zealand authorities will destroy the network of crypto ATMs: a blow to shadow transactions
New Zealand’s Ministry of Justice is poised to prohibit crypto ATMs as part of an extensive overhaul of the country’s anti-money laundering and counter-terrorism financing (AML/CFT) framework.
1193
Mass layoffs: Samaritans wants to close half of its offices in UK and Ireland
The Samaritans intend to shut down over 100 branches throughout the UK and Ireland.
1038
River Island nears collapse as hundreds of jobs hang in the balance
Prominent high street fashion retailer River Island is nearing collapse, with hundreds of people expected to lose their jobs "within weeks".
769
£38 billion for nuclear independence: Britain launches the Sizewell C megaproject
The government has announced the construction of the Sizewell C nuclear power plant in Suffolk will cost around £38 billion, as it struck a deal with a group of investors.