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IFS: budget will be ‘work of fiction’ without clear plan to cover UK’s £35bn spending pressures
UK NewsPoliticsBusiness

IFS: budget will be ‘work of fiction’ without clear plan to cover UK’s £35bn spending pressures

Thinktank’s influential pre-budget report urges key decisions to be made now and not put off until next yearJohn Healey has been warned by Britain’s leading tax and spending experts that his budget ri...

The Guardian - UK News1 month ago
Roman Abramovich aides falsified paperwork to disguise assets and dodge tax, records suggest
UK NewsBusiness

Roman Abramovich aides falsified paperwork to disguise assets and dodge tax, records suggest

Accountancy firm Deloitte Cyprus among those that appear to have backdated records outlining the Russian billionaire’s assetsAides of Roman Abramovich – including staff at the global accountancy firm...

The Guardian - UK News1 month ago
‘Some aren’t going to make it’: how pressure on farmers threatens UK food security
UK NewsBusinessLifestyle

‘Some aren’t going to make it’: how pressure on farmers threatens UK food security

Food producers are adding their voices to the chorus of warnings about the vulnerability of British supply chains“There are so many decent, capable, productive, efficient arable farmers out there, ask...

The Guardian - UK News1 month ago
‘Halloweenmas’: how the spooky one-nighter turned into a month-long spectacular
UK NewsBusiness

‘Halloweenmas’: how the spooky one-nighter turned into a month-long spectacular

Welcome to Halloweenmas, weeks of themed fun and gifts – from costume parties to decorating trees – without the stress, rules or cost of ChristmasThe tree is up, the wreath is hanging on the front doo...

The Guardian - UK News1 month ago
‘We need less point scoring’: What party conference season taught us about UK climate action
UK NewsPoliticsBusiness

‘We need less point scoring’: What party conference season taught us about UK climate action

Tories plan to scrap low-carbon housebuilding, Greens back new nuclear reactors, and Labour put oil-drilling decisions on holdNew homes could be built without solar panels, heat pumps and high-grade i...

The Guardian - UK News1 month ago
How a South African billionaire is turning a corner of Somerset into ‘one man’s estate’
UK NewsBusiness

How a South African billionaire is turning a corner of Somerset into ‘one man’s estate’

Koos Bekker’s Newt estate encompasses luxury hotels, pubs and high street business, with local concerns including floodingWhen South African billionaire Koos Bekker bought an old country estate in a...

The Guardian - UK News1 month ago
‘Our town is making jeans again’: meet the firm reviving jobs and skills in Wales
UK NewsBusiness

‘Our town is making jeans again’: meet the firm reviving jobs and skills in Wales

In the first article in a series on high end British manufacturing, we visit the Hiut Denim factory in CardiganWorn on the streets of London’s Soho, San Francisco or Sydney, every pair of high-end jea...

The Guardian - UK News1 month ago
How to storm-proof your home, from roof tiles to garden fences
UK NewsBusiness

How to storm-proof your home, from roof tiles to garden fences

With an extremely wet and windy winter forecast, take steps to keep you and your home safe and dryWith the Met Office warning that this year’s supersized El Niño could mean a wet and stormy winter lie...

The Guardian - UK News1 month ago
UK savings: 5% interest rate deals may not last, say experts
UK NewsBusiness

UK savings: 5% interest rate deals may not last, say experts

Competition is hotting up, with National Savings & Investments lifting rates to the highest in yearsNational Savings and Investments (NS&I) has increased the returns on some of its accounts, with many...

The Guardian - UK News1 month ago
Create new pre-apprenticeship scheme to close youth unemployment gap, says Milburn
UK NewsPoliticsBusiness

Create new pre-apprenticeship scheme to close youth unemployment gap, says Milburn

Exclusive: Former minister’s review warns that dramatic action is needed over huge drop in youth apprenticeship startsA national apprenticeship readiness scheme should be introduced in England to clos...

The Guardian - UK News1 month ago
Ex-Deutsche Bank trader has conviction for rigging interest rates quashed
UK NewsBusiness

Ex-Deutsche Bank trader has conviction for rigging interest rates quashed

Christian Bittar becomes eighth person to clear their name, days after five former Barclays bankers were acquitted Former City trader Christian Bittar has become the eighth person to have his convicti...

The Guardian - UK News1 month ago
Tory tax break for banks has cost UK public purse £6bn, says TUC
UK NewsPoliticsBusiness

Tory tax break for banks has cost UK public purse £6bn, says TUC

Exclusive: Chancellor urged to reverse Jeremy Hunt’s tax surcharge cuts to claw back billions in lost revenueBusiness live – latest updatesTax cuts for big banks have deprived the UK government of £6b...

The Guardian - UK News1 month ago
Shein outsells British rival Asos as UK revenue hits £2.58bn
UK NewsBusiness

Shein outsells British rival Asos as UK revenue hits £2.58bn

Online retailer’s 26% jump sharpens focus on exemption letting cheap parcels into the country duty-free Shein, the online fast-fashion retailer founded in China, increased sales in the UK by just over...

The Guardian - UK News1 month ago
Virgin unveils its future cross-Channel train as it gears up to take on Eurostar
UK NewsBusiness

Virgin unveils its future cross-Channel train as it gears up to take on Eurostar

Group plans to launch services from London in 2030 and hopes to outshine competitor with design inspiration from its airline, cruise and hotel armsFlash interiors, fancy food and maybe even a bar: Vir...

The Guardian - UK News1 month ago
Revealed: the ‘black box’ wastewater trade that rakes in millions for UK utility companies
UK NewsBusiness

Revealed: the ‘black box’ wastewater trade that rakes in millions for UK utility companies

Exclusive: Firms made more than £340m last year from processing industrial and commercial wastewater at sewage works that are unable to remove many chemical pollutantsWater companies in the UK made mo...

The Guardian - UK News1 month ago
Harvey Nichols’ Birmingham store to close in January
UK NewsBusiness

Harvey Nichols’ Birmingham store to close in January

Closure will cost at least 60 jobs, while Leeds and Bristol outlets to be converted to Flannels brandHarvey Nichols’ Birmingham store is to close in January, with the loss of at least 60 jobs, while i...

The Guardian - UK News1 month ago
MoD has objected to four windfarms in past year over radar interference fears
UK NewsBusiness

MoD has objected to four windfarms in past year over radar interference fears

Complaints risks putting defence ministry on collision course with Department for Energy Security and Net ZeroThe Ministry of Defence has objected to at least four planned windfarms in the past year o...

The Guardian - UK News1 month ago
Bank governor urges John Healey to use budget to allay market fears amid bond turmoil
UK NewsBusiness

Bank governor urges John Healey to use budget to allay market fears amid bond turmoil

Andrew Bailey tells chancellor ‘whatever the stance of fiscal policy, it must be credible and be seen as such by financial markets’The Bank of England governor, Andrew Bailey, has urged the chancellor...

The Guardian - UK News1 month ago
Asos says customers’ names, contact details and search histories hacked
UK NewsBusiness

Asos says customers’ names, contact details and search histories hacked

Experts say breadth of data accessed could help attackers devise “highly convincing” phishing scamsAsos hackers gained access to millions of customers’ recent search histories as well as names, addres...

The Guardian - UK News1 month ago
Supermarket shake-up: why Asda or Morrisons could vanish within a decade
UK NewsBusiness

Supermarket shake-up: why Asda or Morrisons could vanish within a decade

Talks between Sainsbury’s and Morrisons have set industry tongues wagging, with analysts saying the market is ripe for changeTesco lifts profit forecast and says shoppers are resilientThey may be two...

The Guardian - UK News1 month ago