Bussiness

State pension to rise by over £400 next year

Posted by September 3, 2024

Getty ImagesThe Treasury expects the new full state pension to be boosted above inflation by more than £400 a year in cash terms.The internal working calculati

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Sanctioned oligarchs take stake in largest UK oil firm

Posted by September 3, 2024

Two sanctioned Russian oligarchs have become part-owners of the UK's largest oil producer after it completed a deal to buy a German firm.LetterOne, the investme

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UK reportedly poised to slash amount banks must refund to…

Posted by September 3, 2024

The UK is reportedly poised to slash the planned maximum amount that banks will have to refund to fraud victims – from £415,000 to about £85,000 – after s

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Is there a £22bn ‘black hole’ in the UK’s public…

Posted by September 3, 2024

No 10 Downing StreetThe government has repeatedly claimed that it has inherited a previously undisclosed £22bn “black hole” in the nation's finances from t

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Demand for government debt shows UK still a haven for…

Posted by September 3, 2024

The UK remains among the world’s most attractive destinations for investors seeking a haven after an auction of government bonds was more than 10 times oversu

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EY compiles women-dominated shortlist for top UK post

Posted by September 3, 2024

EY, the big four auditor, has assembled a female-dominated shortlist to become the firm's new UK and Ireland managing partner, paving the way for

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Dealmaking among UK firms drops to lowest level in four…

Posted by September 3, 2024

* PASSWORDMust be at least 6 characters, include an upper and lower case character and a numberShow* YEAR OF BIRTHYou must be at least 18 years old to create an

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Ministers tell business leaders they will be involved

Posted by September 3, 2024

In the latest series of meetings on the Make Work Pay plan, the Deputy Prime Minister Angela Rayner and Business Secretary Jonathan Reynolds will today [Tuesda

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Tories contributed to financial uncertainty – top civil servant

Posted by September 3, 2024

Britain’s most senior civil servant has said the previous Conservative government’s failure to hold a spending review in its final years in office has contr

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Reeves may double down on Britain’s second worst tax. It’s…

Posted by September 3, 2024

Investors aren’t stupid. As soon as Sir Keir Starmer said October’s Budget will be “painful” and that those “with the

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Nine offshore wind farm projects awarded in UK auction

Posted by September 3, 2024

Getty ImagesThe government has awarded nine offshore wind farm contracts after last year's auction failed to attract any bidders at all.The contracts are part o

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Renewable energy auction secures enough power for 11m UK homes

Posted by September 3, 2024

Great Britain’s renewable energy auction has secured enough new clean electricity projects to power 11m UK homes after the Labour government made record fundi

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