Category: News

Sales of electric vehicles have reached record levels in the UK, although supply chain disruption drove total sales of new cars to their lowest level in 30 years.

The British government has been given the go ahead to keep concealing the names of companies which received in total more than £47bn in state-backed Covid loans, after a tribunal ruled in its favour.

Amazon is cutting more than 18,000 employees in the biggest round of lay-offs by a technology giant yet.

Household energy bills are forecast to be hundreds of pounds a year lower than expected in the second half of this year, falling below the government’s £3,000 price guarantee after a sharp drop in wholesale prices.

Mortgage approvals fell to their lowest level in two years in November as rising borrowing costs and the aftermath of the government’s mini-budget put off prospective homeowners.

Weak exports, job losses and signs that trade with Britain is still being “shunned” after Brexit meant that the manufacturing industry ended 2022 with its lowest output in more than two years.

Food prices rose by a record 13.3 per cent in December, increasing fears that inflation may not fall as sharply in 2023 as central bankers and economists hope.

All children will have to study mathematics until they are 18 under Rishi Sunak’s plans to reimagine the education system.

British companies installed a record number of public electric car chargers during 2022 as they raced to dominate a fast-growing and potentially lucrative market.

Leo Varadkar, the taoiseach in Ireland, has said mistakes were made on all sides in the handling of Brexit, vowing to be “flexible and reasonable” when attempting to solve issues with the Northern Ireland protocol.

The UK’s leading companies are less inclined to borrow now than at any point since the financial crisis of 2008, a survey of directors has found.

The government is effectively asking public sector workers to do their “civic duty” and accept real-terms pay cuts – a difficult pill to swallow when private sector workers are driving pay increases in the economy.

It was once the staple of any family utility room, ready to be deployed on a Sunday evening before the weekly return to school or the office.

Rishi Sunak will be forced by the House of Lords to abandon plans for a bonfire of European Union laws by the end of the year.

A generation of passengers will be put off travelling by train for good because of industrial action, ministers fear, as Britain enters the worst week of rail disruption for 30 years.