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FTSE 100 share index hits record high; four people arrested over UK cyber-attacks – business live
The recent rise in the FTSE 100 reflects increased investor confidence as major mining companies boost market value, contributing to overall economic momentum despite ongoing chall...
Read Full Article →WPP names senior Microsoft boss Cindy Rose as new CEO
Cindy Rose's appointment as CEO is expected to drive strategic changes in digital innovation and AI, aiming to enhance WPP's market performance and strengthen its financial positio...
Read Full Article →UK government abandons energy ‘zonal pricing’ plan
The government’s decision to maintain a uniform electricity tariff across regions aims to provide cost stability and prevent price disparities that could have impacted consumers an...
Read Full Article →US shoppers feel the heat of Trump’s trade war: ‘the prices are going up’
Rising tariffs have increased costs for basic consumer items, leading to higher retail prices and impacting the purchasing power of shoppers in major US retail locations.
Read Full Article →The CEO who never was: how Linda Yaccarino was set up to fail at Elon Musk’s X
Linda Yaccarino’s efforts to restore advertiser trust at X faced significant financial challenges after the owner’s controversial actions led several major companies to suspend the...
Read Full Article →Royal Mail gets go ahead to axe second-class post on Saturdays
Royal Mail’s plan to reduce delivery days aims to align with customer habits and could potentially lower operational costs by several hundred million pounds annually, according to...
Read Full Article →Vienna has been declared a renters’ utopia – here's why | Justin Kadi
Vienna’s extensive public and limited-profit housing sectors play a crucial role in stabilizing rental prices and ensuring broad access to affordable homes, significantly impacting...
Read Full Article →Last orders: Pubs in Britain will close at rate of one a day in 2025, trade body warns
The projected daily closure of numerous pubs in the UK this year is expected to result in significant job losses and highlights ongoing financial challenges within the hospitality...
Read Full Article →Is it time for a wealth tax on the super-rich? – podcast
Implementing a tax on high-net-worth individuals could provide additional government revenue to address budget shortfalls and support programs aimed at reducing economic disparitie...
Read Full Article →As much as £5bn needed to revive UK’s struggling high streets, study finds
An estimated £5 billion investment is required to improve economic activity in UK town centers, as lower business taxes alone have not sufficiently boosted consumer spending in dis...
Read Full Article →The Guardian view on young people in coastal towns: time to invest in their future | Editorial
Investing in education, job creation, and infrastructure in coastal communities could stimulate economic growth, reduce social challenges, and retain young talent essential for rev...
Read Full Article →Trump targets Brunei, Libya and Moldova with latest threat of US tariffs
The announcement of potential import taxes on select nations raises concerns about increased costs for American consumers and possible disruptions in international trade relations.
Read Full Article →UK government’s deal with Google ‘dangerously naive’, say campaigners
The agreement allows the UK government to access advanced technology and training without direct costs, potentially influencing public sector digitization while raising concerns ab...
Read Full Article →Linda Yaccarino stepping down as CEO of Elon Musk’s X
Linda Yaccarino’s departure as CEO after two years may impact the company’s strategic direction and investor confidence, potentially influencing its market position and financial p...
Read Full Article →Nvidia becomes first company to reach $4tn in market value
The unprecedented growth in Nvidia’s market capitalization reflects strong investor confidence driven by increasing adoption of artificial intelligence applications reliant on its...
Read Full Article →Bank of England rolls out looser mortgage rules to help first-time buyers
The Bank of England’s updated mortgage guidelines aim to encourage lenders to increase lending to new homeowners by allowing higher loan amounts relative to income, potentially ben...
Read Full Article →Bank of England says UK banks can increase riskier mortgage lending – business live
The Bank of England’s guidance allowing UK lenders to approve more high-risk mortgage loans could influence credit availability and housing market dynamics, potentially affecting f...
Read Full Article →Copper prices in US hit record high after Trump announces 50% tariff
The introduction of a substantial tariff on imported copper is likely to increase expenses for manufacturers and consumers, potentially affecting various sectors throughout the Uni...
Read Full Article →Prax Lindsey oil refinery owners urged to ‘do decent thing’ for workers
The potential financial impact on employees is significant as the government appeals to the refinery’s owners to provide assistance while efforts continue to secure a new buyer for...
Read Full Article →New York City’s congestion pricing has cut pollution and traffic – but Trump still wants to kill it
The implementation of New York City’s fee for driving in busy areas has generated notable economic benefits by reducing vehicle use, lowering emissions, and potentially influencing...
Read Full Article →Seven UK housebuilders to pay £100m to fund affordable homes after CMA investigation
The seven major UK construction companies will contribute £100 million to support affordable housing projects following a regulatory review that uncovered potential coordination of...
Read Full Article →Looser bonus rules and tax breaks needed to save London stock market, says CBI
The Confederation of British Industry proposes a series of financial incentives and regulatory changes aimed at revitalizing the London Stock Exchange and maintaining its global co...
Read Full Article →London’s stock exchange needs a shot in the arm from the Treasury | Nils Pratley
Revitalizing the London stock market’s role in the economy may require targeted government incentives and regulatory changes to encourage company listings and investor participatio...
Read Full Article →From the archive: The death of the department store – podcast
The closure of a major department store after decades impacts local economies by reducing retail jobs and commercial activity, highlighting broader challenges faced by urban center...
Read Full Article →ASA cracks down on online pharmacies advertising weight loss injections
The new regulatory actions could impact online pharmacies' revenue streams by limiting their marketing options for certain prescription treatments, potentially altering consumer ac...
Read Full Article →Trump threatens to escalate trade war amid confusion over new tariff rates
The announcement of significantly increased tariffs on imported pharmaceuticals and copper introduces uncertainty into global markets and may impact international trade dynamics an...
Read Full Article →EDF will invest £1.1bn in Sizewell C plant, French and UK governments announce
EDF’s £1.1 billion contribution, representing a 12.5% share, complements the UK government’s £14.2 billion funding commitment to support the development of the Sizewell C nuclear f...
Read Full Article →Trump is bullying Canada over ‘digital taxes’ and Canada caved | Joseph Stiglitz
The conflict over digital levies highlights the broader financial impact on international revenue, as imposing tariffs or withdrawing negotiations may affect billions owed from mul...
Read Full Article →Britain remains trapped in poor economic policy | Letters
The debate highlights concerns about economic management strategies, emphasizing risks associated with altering central bank roles and potential impacts on fiscal stability and mar...
Read Full Article →Time for some straight talking on the cost of clean energy. It isn’t a free lunch | Nils Pratley
UK consumers await clarity on future energy expenses as the government’s approach to electricity pricing and the transition to greener sources increasingly influences household bil...
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