Finance

692
Dale Vince speaks out as drone investigators monitor Scottish fish farms
High profile environmental campaigner and Labour donor Dale Vince has claimed that the public is being ’misled’ by organic labelling standards.
823
Ericsson’s subsidiary Vonage has been fined £700,000 due to an emergency call outage
A telecommunications provider owned by the Swedish group Ericsson has been fined £700,000 after some UK business customers were unable to connect to emergency calls for more than a week, Ofcom has announced.
816
Eli Lilly CEO slams UK as “worst in Europe” for drug prices amid stalled pharma investments
The chief executive of the pharmaceutical company Eli Lilly has remarked that the UK is “probably the worst country in Europe” when it comes to drug prices, amidst a conflict between the industry and government.
684
270,000 UK drivers owed £200m in insurance compensation after payout error
Around 270,000 motorists whose cars have been written off or stolen are owed compensation from insurers due to an error.
1042
UK pension cash withdrawals hit £70bn amid budget rumours
Older savers should avoid making rash decisions about their pension cash based on "fear and rumour", experts urged this week.
781
UK spent billions on PPE during Covid-19, much of it wasted
In the initial months of the Covid-19 pandemic, the UK was severely underprepared.
675
Downing Street pauses push to cut 25% US levy on steel imports
A proposed deal to eliminate US tariffs on British steel has been shelved, it has emerged on the eve of Donald Trump’s second state visit.
872
UK public has paid £200bn to shareholders of key industries since privatisation
The public has paid almost £200bn to the shareholders who own key British industries since they were privatised, research reveals.
894
MSD and AstraZeneca halt nearly £2bn in UK multi-million-pound expansions
Big pharmaceutical companies have abandoned or paused nearly £2bn in planned UK investments so far this year, causing "suffering" to patients, as ministers prepare for discussions with Donald Trump amid a dispute over drug pricing.
753
UK and US to sign landmark nuclear energy deal during Trump state visit
The UK and US have agreed on a deal to boost the building of nuclear plants in both countries, to be signed during Donald Trump’s state visit this week.
852
Gen-Z locked out of homeownership as prices soar sixfold
Gen-Z are being “locked out” of homeownership, campaigners have warned, as first-time buyers now face paying up to six times more for a home than their parents.
752
Government explores measures to reduce energy bills ahead of budget
Rachel Reeves is formulating plans to lower household energy bills as part of an economic overhaul.
668
Roadworks in Britain double in two years, stretching 425,000 miles across the UK
The number of roadworks in Britain has more than doubled in the past two years - and frustrated drivers are more likely than ever to get stuck behind temporary traffic lights.
577
ONS: zero month-on-month GDP growth highlights sectoral imbalances
The UK economy stagnated in July as the largest decline in the manufacturing sector in a year countered a strong month in retail.
642
Douglas Alexander says UK negotiating hard on whisky tariffs
A trade deal on Scotch whisky is "very high" on the list of agreements the UK Government is aiming to negotiate with the US, the Scottish Secretary has said.
672
Shareholders dispute fund distribution ahead of Curve’s £120m deal with Lloyds
Investors in the digital wallet provider Curve are caught in an intense dispute over the proceeds from the company’s upcoming £120m sale to Lloyds Banking Group.
873
30,000 pupils now free from dangerous crumbling RAAC concrete
The government has stated it is making progress in addressing schools that are ‘crumbling’ due to unsafe concrete, as it announced 30,000 students are now learning in schools free from RAAC.
750
RMT walkout shuts down tube services, costs economy £230m
To add to the confusion, the TFL website crashed as users searched for travel solutions. Hundreds of thousands of commuters reportedly attempted to access the site simultaneously, overwhelming its servers.
886
University of Edinburgh staff begin five-day strike over £140m cuts
Lecturers and other staff at the University of Edinburgh are set to begin a five-day walkout in a dispute over plans to cut £140 million from the university’s budget.
705
London’s “whole food for dogs” trend grows 500% in a year
A recent survey indicates that half of Londoners spend more on food for their dogs than on themselves.
806
Jaguar Land Rover halts production amid major cyber attack, staff told to work from home
The firm has paused production at its factories in Halewood on Merseyside and Solihull in the West Midlands, and its engine site in Wolverhampton.
650
Feeding 40,000 migrants could cost taxpayers up to £2.4m a year, estimates suggest
The Home Office is set to spend millions of pounds on providing asylum seekers with ready meals, snacks, and crisps over the next three years.
1028
Leadership shake-up: McDonald’s UK waves goodbye to Zoe Hamburger
There will no longer be a Hamburger at McDonald’s in the UK.
690
Labour’s economic plan under scrutiny ahead of second budget
Rachel Reeves has announced the latest possible date for her second Budget in an effort to salvage Britain’s dire public finances.
662
Liz Truss blames Bank of England for market chaos: ’I wasn’t captain of the ship’
Liz Truss has asserted that the Bank of England was in control during her tenure as prime minister.