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Interest rate rise in midst of cost of living crisis will leave many incredulous
UK NewsPoliticsBusiness

Interest rate rise in midst of cost of living crisis will leave many incredulous

Bank’s decision goes contrary to analysis from Office for Budget Responsibility that predicts lower inflation and little impetus for wage growthBank of England raises interest rates to 4%Business live...

The Guardian - UK News1 week ago
South West Water’s failure to fix leaks ‘putting customer supplies at risk’
UK NewsBusiness

South West Water’s failure to fix leaks ‘putting customer supplies at risk’

With parts of region served by company in severe drought still, regulators give it six weeks to come up with action planRepeated failures by South West Water to tackle leaks are putting customers at h...

The Guardian - UK News1 week ago
Poundland’s US owner says retailer remains ‘vulnerable’, after talks with ministers
UK NewsBusiness

Poundland’s US owner says retailer remains ‘vulnerable’, after talks with ministers

Gordon Brothers still in ‘active discussions’ with interested parties and seeking to ‘protect as many jobs as possible’The US owner of Poundland has said the high street chain remains “challenged and...

The Guardian - UK News1 week ago
UK found to be ‘dangerously’ reliant on China for critical minerals needed for defence and AI
UK NewsPoliticsBusiness

UK found to be ‘dangerously’ reliant on China for critical minerals needed for defence and AI

Delivering net zero also at risk, say MPs as they call for centralised policy and funding for mines and diversification The UK is “dangerously” dependent on China for critical raw materials needed for...

The Guardian - UK News1 week ago
UK politics: Burnham says US midterm results have created ‘opportunity’ for world to focus on cost of living and ending Iran war – as it happened
UK NewsPoliticsBusiness

UK politics: Burnham says US midterm results have created ‘opportunity’ for world to focus on cost of living and ending Iran war – as it happened

‘I think people want to see the world coming together and focusing on the things that matter to people,’ PM saysLouise Haigh starts by saying she is standing in for Andy Burnham.She says this weekend...

The Guardian - UK News1 week ago
BBC attempts to reassure Jewish staff after ex-producer says she faced antisemitism
UK NewsBusiness

BBC attempts to reassure Jewish staff after ex-producer says she faced antisemitism

Deputy director general Rhodri Talfan Davies meets staff group after case of Lucie Kon prompted calls for inquiryThe BBC has attempted to reassure Jewish staff that discrimination against them will no...

The Guardian - UK News1 week ago
Once it was a £1 hanger. Now it’s a £15 locker. Why do cloakrooms cost so much on a night out?
BusinessEntertainmentMusic

Once it was a £1 hanger. Now it’s a £15 locker. Why do cloakrooms cost so much on a night out?

The cost of checking your coat or bag is galloping ahead of other – also rising – prices at venues. We explain the surprisingly complex reasons whyNot long ago, it cost just £2 to put a coat or a heav...

The Guardian Music1 week ago
Don’t let Poundland owner maximise its return at our expense, suppliers say
UK NewsBusiness

Don’t let Poundland owner maximise its return at our expense, suppliers say

British companies that supply US-owned budget retailer face millions of pounds’ worth of losses if it collapsesSuppliers facing millions of pounds in losses if Poundland collapses have said the chain’...

The Guardian - UK News1 week ago
M&S boss bemoans last week’s budget as ‘whole lot of nothing’
UK NewsBusiness

M&S boss bemoans last week’s budget as ‘whole lot of nothing’

Stuart Machin hits out at Labour but welcomes expected UK-EU food deal as retailer reveals half-year resultsThe chief executive of Marks & Spencer has called John Healey’s first budget as chancellor a...

The Guardian - UK News1 week ago
BMW warns on profits as it counts cost of plan for 8,000 job cuts
UK NewsBusiness

BMW warns on profits as it counts cost of plan for 8,000 job cuts

German carmaker slashes profit margin to between -0.5% and 0.5% this year in face of competition from ChinaThe German carmaker BMW has issued its second profit warning in a year, blaming the costs of...

The Guardian - UK News1 week ago
The UK-EU food produce deal: what was agreed and will it affect shoppers?
UK NewsPoliticsBusiness

The UK-EU food produce deal: what was agreed and will it affect shoppers?

Two sides agree deal to remove some Brexit checks on food and animal product exports to EUAndy Burnham to unveil EU trade deals worth billions of poundsThe UK and the EU have finalised their deal to r...

The Guardian - UK News1 week ago
On Brexit, Andy Burnham could do worse than follow the lead of Pericles | Letter
UK NewsPoliticsBusiness

On Brexit, Andy Burnham could do worse than follow the lead of Pericles | Letter

The Athenian led the people, he didn’t follow them, writes Prof Costas MilasYour editorial (The Guardian view on a changing Brexit debate: Kemi Badenoch is trapped in denial, 29 October) notes that wh...

The Guardian - UK News1 week ago
Give us all a share of  Rolls-Royce’s profits | Brief letters
UK NewsPoliticsBusiness

Give us all a share of Rolls-Royce’s profits | Brief letters

Government should invest, not subsidise | Size matters | ‘Ferritin face’ | Train announcements | Reform UK’s newspaperRather than give Rolls-Royce a £1.25bn subsidy to develop the next-generation narr...

The Guardian - UK News1 week ago
Protect Poundland from predatory capitalism, MPs tell government
UK NewsBusiness

Protect Poundland from predatory capitalism, MPs tell government

Budget retailer and 12,000 jobs at risk after US owner fails to accept buyout offersMPs have called on the government to protect Poundland and other high street stores from “predatory capitalism” and...

The Guardian - UK News1 week ago
Primark brings forward home deliveries plan by two years as profits slide
UK NewsBusiness

Primark brings forward home deliveries plan by two years as profits slide

Retailer acquires robot-assisted warehouse and intends to have UK service up and running before end of 2027Primark is to begin making home deliveries by the end of next year as it aims to win new shop...

The Guardian - UK News1 week ago
Car finance: Barclays becomes first big lender to offer payouts for mis-selling of loans
UK NewsBusiness

Car finance: Barclays becomes first big lender to offer payouts for mis-selling of loans

Bank to make ‘early settlement’ offers before outcome of legal battle, with those who accept likely to get money before ChristmasBarclays will this month start offering compensation to tens of thousan...

The Guardian - UK News1 week ago
Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings
UK NewsBusiness

Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings

Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer serviceBusiness live – latest updatesVirgin Media O2 is to cut thousands of jobs in...

The Guardian - UK News1 week ago
UK’s most polluting power plant could power country’s largest AI datacentre
UK NewsBusinessTechnology

UK’s most polluting power plant could power country’s largest AI datacentre

Drax’s FTSE 250 owner strikes £20bn deal to build infrastructure in what it says is site’s ‘next chapter’Business live – latest updatesBritain’s most polluting power plant could soon power the country...

The Guardian - UK News1 week ago
Asda appoints former Morrisons boss as chief executive as sales struggle
UK NewsBusiness

Asda appoints former Morrisons boss as chief executive as sales struggle

David Potts to take over immediately as executive chair Allan Leighton steps back to non-executive strategic roleBusiness live – latest updatesAsda has appointed David Potts, the 69-year-old former bo...

The Guardian - UK News1 week ago
UK and EU agree deal to remove Brexit checks on food and animal products
UK NewsPoliticsBusiness

UK and EU agree deal to remove Brexit checks on food and animal products

Agreement to ease rules on food imports and exports is expected to come into force in first quarter of 2028The EU and the UK have completed their deal to remove Brexit checks on imports and exports of...

The Guardian - UK News1 week ago