Category: News

The amount of tax Google paid to the Treasury rose from £50 million to £200 million in the past 18 months, according to accounts to the end of December.

Liz Truss and Kwasi Kwarteng have dropped plans to scrap the 45p rate of income tax following a revolt by Tory MPs.

Hamleys has predicted well-made toys “that can be handed down” will fly off the shelves this Christmas, as it unveiled its anticipated bestsellers for 2022 – including a Buzz Lightyear with “real” jetpack vapour trail and a roller skating Peppa Pig.

The number of new jobs on offer has dropped by 8.3% since last month as employers feel the impact of rising costs and are concerned about the state of the economy, according to a new report.

Thousands of bunnies will be incinerated after luxury Swiss chocolate maker Lindt won a court case against Lidl.

After the initial post-pandemic boom, stock markets around the world have struggled this year under the pressure of soaring inflation, aggressive central banks and a looming recession.

Food prices in the UK have soared by a record 10.6% this month, as the war in Ukraine continues to drive the cost of staples such as margarine, pasta and tinned tomatoes to new highs.

The UK government-backed British Business Bank has warned that the worsening economy could increase the number of companies unable to repay its loans, including coronavirus pandemic support.

Just as pandemic-related supply chain dislocation among motor manufacturers has begun to abate, carmakers have warned that they are being hit by the sharp fall in sterling and rapidly rising energy costs.

Britain’s biggest carmaker has revealed the scale of efforts to retrain its workforce to cope with the shift to zero-emission vehicles.

Borrowing costs for British companies have surged as the fallout from Friday’s mini-budget continues to reverberate around bond markets.

A rail strike scheduled for Saturday will be the biggest yet this year, with 11 per cent of services operating and most cities cut off.

Mortgage providers have begun raising interest rates to levels not seen since the financial crisis as economists warned that growing borrowing costs would trigger a steep fall in house prices.