Bussiness

High interest rates could add billions to UK green energy…

Posted by April 21, 2024

A permanent shift to higher interest rates could add billions of pounds to the UK’s renewable energy transition, a leading thinktank has warned.Borrowing cost

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Hipgnosis in takeover battle as UK music investor says it…

Posted by April 21, 2024

The troubled owner of music back catalogues ranging from Beyoncé to Neil Young has said that it would accept a takeover offer from Blackstone, after the privat

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Britain on the edge as memories of Truss refuse to…

Posted by April 21, 2024

Yet the patient is not responding. If the IMF were sitting in judgment it would have found the Government to have already breac

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End times for the UK’s final coal-fired power station

Posted by April 21, 2024

From the northernmost reaches of the River Soar in Nottinghamshire, the towers of Britain’s last coal-fired power station emerge from the flat countryside lik

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Ocado under pressure to abandon London for New York

Posted by April 20, 2024

City sources believe Ocado founder and chief executive Tim Steiner could be persuaded to consider a move to the States amid lon

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Asda’s billionaire bosses knew payroll switch would spark crisis –…

Posted by April 20, 2024

Asda’s billionaire bosses forged ahead with a botched IT transition despite being warned in advance that thousands of workers

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Even a ‘rate shock’ for British mortgage borrowers may not…

Posted by April 20, 2024

Mortgage borrowers who had been holding out for more affordable rates had their hopes dashed last week, as disappointing economic data raised the likelihood of

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Pension funds brace for £30bn hit from Gove leasehold reforms

Posted by April 19, 2024

Pension funds are braced for a hit worth tens of billions of pounds as Michael Gove, the levelling up secretary, tries to salvage his ambition of

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UK airline emissions on track to reach record high in…

Posted by April 19, 2024

Emissions from UK flights are rapidly returning to pre-pandemic levels, with CO2 pollution from aviation on track to reach a record high this year.The increase

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The EU has finally admitted it needs Britain more than…

Posted by April 19, 2024

If we rewind to the heyday of free movement, the traffic was overwhelmingly one-way. The government estimated that three millio

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Brexit plans in ‘complete disarray’ as EU import checks delayed,…

Posted by April 19, 2024

Businesses have described Britain’s Brexit border plans as being in “complete disarray” after it emerged the introduction of some checks on EU imports wil

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UK sets high standards on financial regulation but better global…

Posted by April 19, 2024

The UK is leading the way in transparency and accountabililty in financial regulation but international benchmarks are needed to evaluate t

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