Bussiness

UK government borrowing in October tops forecasts at £17.4bn

Posted by November 21, 2024

The UK government borrowed more than expected in October as debt interest payments pushed the public finances deeper into the red, piling pressure on Rachel Ree

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Royal Mail owner considering job cuts and price hikes on…

Posted by November 21, 2024

The company that owns Royal Mail is considering job cuts and price rises on stamps and parcels as it blamed the Labour government’s first budget in 14 years f

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Public sector pay deals help drive up UK borrowing

Posted by November 21, 2024

The ONS figures showed that interest payments on government debt hit £9.1bn last month, the highest October figure since monthly records began in 1997.Borrowin

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John Lewis chief criticises UK Budget as ‘two-handed grab’ from…

Posted by November 21, 2024

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The departing head of John Lewis ha

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UK competition regulator to rethink approach after anti-growth criticism

Posted by November 21, 2024

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s competition watchdog wil

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UK war tech sent to Russia by Insta model’s firm,…

Posted by November 20, 2024

InstagramPart-time model Valeria Baigascina appears to have a jet-set lifestyleHigh-tech equipment made by a UK firm worth $2.1m (£1.6m) has been sold to compa

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Gautam Adani: US charges Indian billionaire with fraud

Posted by November 20, 2024

Shares of Adani Group firms fell more than 10% in Thursday morning trade, with the group losing around $30bn in market capitalisation. Adani Green Energy, which

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UK ministers resist car industry pressure to ease fines on…

Posted by November 20, 2024

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK government looks set to reje

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Ford cuts 4,000 jobs in Europe, including 800 in UK,…

Posted by November 20, 2024

Ford has said that it will cut 4,000 jobs in Europe, becoming the latest carmaker to seek to reduce costs amid slowing growth in electric car sales and competit

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Ford plans to cut 4,000 jobs – including 800 in…

Posted by November 20, 2024

Ford has announced plans to cut 4,000 jobs across Europe - including 800 in the UK. The car manufacturer said the cuts were needed as part of plan

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Ford to cut 800 UK jobs as electric car sales…

Posted by November 20, 2024

Meanwhile in Britain, the government is coming under intense pressure from the car industry over rules designed to force them to build more electric vehicles. T

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