Category: News

Job vacancies in the American economy fell to their lowest level in more than two years, helping cool the labour market and raising expectations of interest rate cuts in the world’s largest economy.

Amazon and Google have complained to the UK’s competition regulator that their rival, Microsoft, uses practices that restrict customer choice in the £7.5 billion cloud computing market.

British car manufacturers are to be given a three-year reprieve from Brexit tariffs on electric vehicle exports to the EU, hours after new figures showed sales of battery-powered vehicles fell by almost a fifth last month.

The UK Chancellor has disagreed with claims that the UK economy has a ‘broken leg’ but instead says is has a ‘sprained ankle’ as he blames Brexit for sparking half a decade of instability leading to ‘incredibly challenging times’,

New research shows that despite the fact that UK entrepreneurs generate £950bn in annual revenue, entrepreneurs in the most innovative regions are struggling to access the funding they need to grow.

The British economy has been held back by a flight of workers from the jobs market and staff electing to work fewer hours after the pandemic, tied to overly generous Covid government spending, a report has claimed.

Britain’s top 100,000 taxpayers paid almost a quarter (24 per cent) of all income and capital gains tax in 2021/22, new data has revealed.

UK Export Finance has rallied together export credit agencies from around the world to join a Net Zero Export Credit Agencies Alliance being launched today at the COP28 summit.

Microsoft will invest £2.5 billion in Britain over the next three years to double its data centre capacity and provide computing power to help to drive the expansion of artificial intelligence.

Baroness Harding of Winscombe, the former chief executive of TalkTalk, is poised to saddle up as the first woman to become senior steward of the Jockey Club in its 273-year history.

Train drivers have voted to continue taking strike action for the next six months as part of a long-running dispute over pay.

The European Commission has hatched a confidential Plan B proposal to “cushion” the impact of a looming 10% tariff on imports and exports of electric vehicles.

Rail workers have voted to accept a pay deal, ending their involvement in a long-running series of strikes.

Metro Bank is axing 20 per cent of its workforce in a bid to cut costs, days after its investors backed a £925million rescue package.