VW was considering closing up to three factories in Germany and had been calling on its workforce to accept a 10% pay cut.At the time, the union was calling for
Rachel Reeves headed into the parliamentary Christmas break on Friday with more bad economic news on her desk, as data showed the UK public finances in the curr
UK today accedes to CPTPP, a major trade bloc in the Indo-Pacific which includes countries like Australia, Vietnam, Peru, Chile and Malaysia. Wales
The UK’s debt bill fell last month as government borrowing dropped to just over £11bn, giving Rachel Reeves an early Christmas present after a furious backla
Retail sales rose 0.2% in November after a 0.7% fall in October, but the rise in sales at supermarkets was partly offset by a fall in clothing sales, the ONS sa
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British business is heading for a
Lord Peter Mandelson, former Labour cabinet minister and EU commissioner, is to become Britain’s next ambassador to Washington, with an immediate mission to a
“It feels awful,” said Samantha Hargreaves as she trundled her bottle-laden trolley past queues of cars waiting for drinking water in an Asda car park. It w
The Bank of England has kept UK interest rates on hold but warned Britain’s economy is on the brink of stagnation after Rachel Reeves’s budget as the world
Hot on the heels of research from Ofcom showing that a record 20.7 million UK homes can now access full-fibre broadband, with the UK government’s Projec
Belfast shipbuilders bought out of administration by Spanish interests. The enormous gantry cranes in the yards of Harland & Wolff, shipbuilders
A Spanish state-owned shipbuilder will buy Belfast-based Harland & Wolff in a rescue deal that will secure all four of its shipyards and save about 1,000 jo