Category: News

Four days of postal strikes that begin tomorrow are set to deliver a £100 million blow to Royal Mail’s finances.

A regular energy industry exercise aimed at preparing the UK for the possibility of a gas supply emergency has been scaled up despite the government downplaying the threat of shortages this winter.

Growth in the private sector edged closer to stagnation this month, with the manufacturing sector shrinking and growth in the dominant services sector weakening.

Klarna has backed the use of buy-now pay-later (BNPL) as a means of payment for essentials like groceries after debt charities and the regulator warned over the promotion of the products amidst a cost of living crunch this year.

The UK and Ukraine have agreed to launch talks on a new digital trade agreement as Kyiv prepares to celebrate independence day.

The Bank of England could be forced to raise interest rates to 4% from as early as next year to combat soaring inflation, despite the growing risk of recession amid the cost of living crisis.

The minimum wage should be increased to £15 an hour as soon as possible to help millions of low-paid workers struggling amid the cost of living crisis, the TUC has said.

Unite union chief Sharon Graham has warned employers there will be no end to the strikes that threaten to cripple the British economy.

Pub landlords are facing an “extinction” this winter as a majority of operators said they feared being forced to shut down in the coldest months.

London is to get a seventh international airport after the Department for Transport cleared the redevelopment of the closed Manston runway in Kent, overruling the deep environmental misgivings of the Planning Inspectorate.

British Airways has announced a further raft of flight cancellations between now and the end of October as the UK’s travel chaos continues.

US tech titan Microsoft is locked in a trademark dispute with a woman in Northampton after she named her business Word Windows. 

According to new data scam revenues have dropped by 65% in one year. At the end of July 2021, the figure was 4.5B compared to 1.6B during the same period in July 2022.

A key mortgage rate has hit 4% for the first time in nine years. The financial data provider Moneyfacts said the average new two-year fixed rate had increased by 0.14% since the start of this month, and now stood at 4.09%.

About 6 million disabled people across the UK will receive a £150 cost of living payment from the end of next month, the government has said.