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CEO Chris O’Shea defends Centrica’s plans as it reports rise in retail profits following focus on bigger marginsThe owner of British Gas has claimed that most households would rather speak with an AI...
Escalating Houthi warnings to ships carrying Saudi crude through the strait lead to fears of further price surgeA fresh front in the Middle East crisis opened this week, bringing a return of soaring g...
Budget airline, which has two US investment firms vying to buy it, also affected by passengers booking laterThe low-cost airline easyJet has revealed a 70% slide in profits because of soaring fuel cos...
BMW, Ford, Nissan and Toyota, plus parts maker Bosch, wrote joint letter to ministers in AprilMajor carmakers privately lobbied the UK government to revoke a ban on new petrol and diesel cars after 20...
Party chair queries status of funds Reform leader received from crypto billionaire Christopher Harborne The Conservatives have asked HMRC to investigate whether Nigel Farage should have paid tax on th...
UK warehouse landlord says board unanimous in recommendation to accept ‘best and final offer’ The board of the UK warehouse landlord Segro has U-turned and said it would be willing to accept a £14bn...
Proposal ‘throws global south countries under the bus’, says ActionAid UK directorBurnham announces bus fares to be capped at £2The world’s most vulnerable people will be put at risk by Andy Burnham’s...
Record June temperatures expected to cut grain harvest by 9m tonnes to its lowest level since 2018 The heatwave that swept across Europe in June is estimated to have cost the continent’s grain farmers...
Bloomsbury has 14,087 titles listed in agreement between AI startup and authors over use of their work The publisher of Harry Potter has received a multimillion-pound payout as a beneficiary of a $1.5...
John Neal failed to disclose ties with colleague that created a potential conflict of interest, investigation findsLloyd’s of London has ruled that its former boss John Neal breached compliance rules...
Pub chain blames worse-than-expected sales on rising costs for workers, food, energy and property taxesJD Wetherspoon has issued its fourth profit warning in seven months, with the pub chain blaming w...
Annual June figure comes after new PM pledges to reduce cost of living and improve economyUK inflation dropped by more than expected in June to 2.6%, in a boost for Andy Burnham’s plans to reduce the...
Neso denies allegations aired by Tory MP that staff took part in cover-up over decision-making in heatwaveIn a control room in Wokingham, Berkshire, staff work around the clock, minute by minute, to a...
Diligent, popular, unexpected pick for the Treasury has been given a straitjacket – and the job of funding PM’s policy promisesOn the frequent occasions that John Healey would travel abroad as defence...
Such technology solves problem of longer, thinner, energy-saving wings not fitting in airports around the worldAirbus has said it will test folding wings for the next generation of its bestselling pla...
Rolling coverage of the latest economic and financial newsMore on the cost of living: new figures show that UK grocery inflation eased in the four weeks to 12th July to 2.6%, its lowest rate since Dec...
New prime minister is implementing immediate tax cut to help ease cost of living pressures for British householdsAndy Burnham to cut VAT on electricity bills as first cost of living moveHousehold elec...
Move would give government veto over big decisions and hostile takeovers, after Burnham’s call for greater public controlNils Pratley: Burnham has forced greater clarity at Thames Water. Now he must c...
Millions of people in southern England and parts of Wales face restrictions after prolonged periods of hot weatherMillions of people across southern England are subject to hosepipe bans after prolonge...
Figure of £16bn from ONS comes after Andy Burnham revealed plans to cut VAT on electricity billsBusiness live – latest updatesThe UK government borrowed less than expected in June, in a boost for Andy...