Finance

766
UK building safety regulator blamed for 1,200 empty homes two years after Grenfell reforms
Sky News can reveal that there are 1,210 completed homes which cannot be occupied due to delays caused by the government’s building safety regulator.
772
Sterling slumps as investors lose confidence in UK’s fiscal plans
The value of the pound experienced its largest single-day drop in months as the cost of 30-year government borrowing reached its highest rate since 1998.
814
UK Secures £10 billion deal to build warships for Norway
The UK has agreed on a contract worth £10 billion to build warships for Norway.
579
No escape for drivers: Dartford Crossing toll rises by 40% as the government classifies it as a traffic measure
The newest financial burden on the nation’s drivers is scheduled to take effect tomorrow (1 September) when the Government raises the Dart Charge in Kent by an astonishing 40 percent.
784
Starmer’s new budget adviser backed wealth taxes on inheritance, land, and property
Sir Keir Starmer’s new budget adviser has previously advocated for more wealth taxes on inheritance, land, and property.
636
Parents face higher school meal charges amid funding shortfall
Parents across England are facing higher prices for school lunches as the new school year begins, with caterers blaming the government’s national insurance increase alongside rising food and energy costs.
781
Inside Anduril’s PR blitz: how a US weapons firm won influence and contracts in Westminster
“We find ourselves locked in a critical race – a race for upholding democratic values,” urged Paul Hollingshead, then a senior figure at the weapons tech company Anduril.
739
Government pledges new EU deal to cut food export costs by 2027
UK companies spent up to £65m last year on licences to export food and agricultural products to the EU – costs that the government is promising to eliminate as part of a new deal to be agreed by 2027.
686
Labour slams Farage as Ofgem raises energy cap again
Energy costs are set to rise more than anticipated for millions of British households this autumn, as the price cap for a typical annual dual-fuel bill has increased by 2% to £1,755.
678
Trump’s drug price policy fuels UK surge as Mounjaro bills set to triple
Eli Lilly, the US manufacturer of Mounjaro, has instructed its two British wholesalers to stop taking orders amid “unprecedented demand,” which is believed to be driven by Brits eager to avoid next week’s price increase - which could be as high as 170%.
642
UK families face rising bills as food prices hit biggest increase since last year
The increase in the prices of chocolate, butter, and eggs has led to food price inflation hitting its highest point in 18 months, as reported by a survey.
951
Coinplex investors left stranded as Ponzi Scheme shuts down and launches fake MiCA exit
The Coinplex “click a button” app Ponzi has collapsed.
885
Coca-Cola weighs sale of Costa Coffee amid rising costs and competition
Costa Coffee may change ownership once again, following revelations that Coca-Cola has met with potential buyers to discuss a discounted deal to sell the chain.
996
Rachel Reeves considers ‘stealth tax raid’ to fill £50bn gap in UK finances
Chancellor Rachel Reeves is arranging a ’stealth tax raid’ on workers in the upcoming budget as she aims to address a £50 billion shortfall in public finances, according to a report.
751
Fernwood Financial customers freed from debt as lender goes bust
It seems like a dream come true: obtaining a loan that you never have to repay.
858
TikTok cuts hundreds of jobs in Britain despite new online safety rules
TikTok has jeopardized the jobs of hundreds of UK content moderators, even as stricter regulations are being implemented to prevent the spread of harmful material online.
659
Labour to restrict child benefit for those living abroad
Labour is preparing to take strict measures against individuals claiming child benefits while residing abroad.
940
UK’s third-largest steelworks falls under government control
The UK’s third-largest steelworks has been placed under government control, creating an uncertain future for nearly 1,500 workers in Rotherham and Sheffield.
675
Rachel Reeves considers introducing tax on sale of family homes
Rachel Reeves is formulating plans to impose capital gains tax on the sale of family homes, potentially impacting pensioners who wish to downsize, it has been revealed.
785
UK inflation climbs to 3.8% in July, raising fears over delayed rate cuts
Inflation increased once more last month, reaching a higher than anticipated 3.8%, due to rising food and fuel prices, heightening concerns that the Bank of England will postpone further interest rate cuts.
811
Steel import chaos as UK firms threaten to sue government over sudden tariffs
Companies have sent a letter to the business secretary complaining that new rules were imposed with only 24 hours’ notice.
770
FTSE 100 executives paid over £1 billion while workers face cost of living crisis
Report reveals over £1 billion was distributed to just 217 FTSE 100 executives in the past financial year.
874
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.
894
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.
780
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.