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Four in five Britons worried Iran war will make food more expensive, poll finds
UK NewsBusiness

Four in five Britons worried Iran war will make food more expensive, poll finds

Shoppers concerned about effect of Middle East conflict, as UK retailers say government running out of time to cut costsFour in five people are worried that the Iran war will make food more expensive,...

The Guardian - UK News4 months ago
Reinstate windfall tax on banks after surge in profits, TUC urges
UK NewsPoliticsBusiness

Reinstate windfall tax on banks after surge in profits, TUC urges

Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter An increased windfall tax should be imposed on the UK’s largest banks according to t...

The Guardian - UK News4 months ago
Tell us: are you caught up in the NS&I lost funds issue?
UK NewsBusiness

Tell us: are you caught up in the NS&I lost funds issue?

If you’re affected by the National Savings and Investments lost funds scandal, we would like to hear from youThis month the state-backed National Savings and Investments (NS&I) bank will share its pl...

The Guardian - UK News4 months ago
UK homebuyers face worst mortgage affordability since 2008, data shows
UK NewsBusiness

UK homebuyers face worst mortgage affordability since 2008, data shows

‘Least affordable’ areas mainly in London commuter belt, UK Finance finds, with Iran war not yet reflected in dataBusiness live – latest updatesUK homebuyers are facing the worst mortgage affordabilit...

The Guardian - UK News4 months ago
HSBC profits fall amid $400m fraud-related charge and Iran war
UK NewsBusiness

HSBC profits fall amid $400m fraud-related charge and Iran war

London-headquartered bank’s shares slide as it sets aside an extra $300m to cover effects of Middle East conflictBusiness live – latest updatesHSBC has taken a $1.3bn (£961m) hit to profits, amid the...

The Guardian - UK News4 months ago
New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998
UK NewsPoliticsBusiness

New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998

Inflation fears fuelled by Iran war and renewed uncertainty over Starmer’s leadership prompt bond sell-offThe risk to Labour’s tax and spending plans from the war in Iran was underscored on Tuesday, a...

The Guardian - UK News4 months ago
UK electric car sales leap ‘could be hit by Iran war inflation and energy price rises’
UK NewsBusinessTechnology

UK electric car sales leap ‘could be hit by Iran war inflation and energy price rises’

BEV sales jumped nearly 60% in April, taking total electric car registrations to more than 2m, says SMMTBusiness live – latest updatesA recent jump in electric car sales in the UK is likely to be “tem...

The Guardian - UK News4 months ago
Vodafone to take full control of UK mobile operator in £4.3bn deal
UK NewsBusiness

Vodafone to take full control of UK mobile operator in £4.3bn deal

Hong Kong conglomerate CK Hutchison agrees to sell 49% stake as it attempts to reshape its portfolioBusiness live – latest updatesVodafone is to take full control of the UK’s biggest mobile operator i...

The Guardian - UK News4 months ago
‘There is a good deal of fear’: what would a Labour leadership challenge mean for bond markets?
UK NewsPoliticsBusiness

‘There is a good deal of fear’: what would a Labour leadership challenge mean for bond markets?

Rayner and Burnham are trying to gain markets’ confidence amid concerns they could loosen fiscal rules if they replace StarmerWho calls the shots on the bin collections in Sunderland, potholes in Hack...

The Guardian - UK News4 months ago
Next Scottish government faces ‘really difficult’ spending choices, economists say
UK NewsBusiness

Next Scottish government faces ‘really difficult’ spending choices, economists say

Parties accused of ‘fiscal denial’ and failing to tell voters the scale of the challengeThe next Scottish government will need to make “really difficult” spending decisions soon after taking power, in...

The Guardian - UK News4 months ago
Shipping firms question safety in strait of Hormuz despite Trump plan
UK NewsBusiness

Shipping firms question safety in strait of Hormuz despite Trump plan

President says US navy will ‘guide’ stranded ships out of waterway but report says warship was hit by IranThe world’s shipping industry has questioned whether vessels will be able to travel safely to...

The Guardian - UK News4 months ago
Nigerian refinery accused of sacking union members is key to UK plan to tackle jet fuel shortage
UK NewsPoliticsBusiness

Nigerian refinery accused of sacking union members is key to UK plan to tackle jet fuel shortage

Heidi Alexander says part of answer to strait of Hormuz crisis is importing more fuel from US and west AfricaA refinery in Nigeria accused of dismissing workers for joining a union has emerged as key...

The Guardian - UK News4 months ago
Thousands of Just Eat couriers launch legal action to improve workers’ rights
UK NewsBusiness

Thousands of Just Eat couriers launch legal action to improve workers’ rights

More than 7,000 join employment tribunal that will include claims for minimum wage and holiday pay More than 7,000 Just Eat couriers are taking legal action against the food delivery company in an att...

The Guardian - UK News4 months ago
Reform government could cause Truss-style chaos, says renewables industry
UK NewsPoliticsBusiness

Reform government could cause Truss-style chaos, says renewables industry

Lobbyist Tara Singh says stripping projects of subsidy contracts would undermine investor confidence in UKBritain could be beset by levels of economic chaos last seen under Liz Truss if a Reform UK go...

The Guardian - UK News4 months ago
UK food prices on track to rise by 50% since start of cost of living crisis
UK NewsBusiness

UK food prices on track to rise by 50% since start of cost of living crisis

Beef and olive oil costs increase the most as climate and energy shocks drive inflation, research suggestsFood prices are on track to be 50% higher in November than at the start of the cost of living...

The Guardian - UK News4 months ago
Guilty until proven innocent: shoppers falsely identified by facial recognition system struggle to clear their names
UK NewsBusinessTechnology

Guilty until proven innocent: shoppers falsely identified by facial recognition system struggle to clear their names

People shamed and ordered to leave shops after being misidentified then ‘given no help’ to investigate verdictsAI facial recognition oversight lagging far behind technology, watchdogs warnHow does liv...

The Guardian - UK News4 months ago
Heathrow in talks with airlines to end row that could delay third runway
UK NewsBusiness

Heathrow in talks with airlines to end row that could delay third runway

Airport seeks deal with BA owner, Virgin and billionaire local landowner, who has own expansion plan, over cost and service issuesHeathrow’s new chair has opened talks with airlines and the billionair...

The Guardian - UK News4 months ago
Starmer adviser held 16 undisclosed meetings with top US tech bosses
UK NewsPoliticsBusiness

Starmer adviser held 16 undisclosed meetings with top US tech bosses

Exclusive: Varun Chandra’s talks with Google, Meta, Apple and others raise fears of ‘lobbying behind closed doors’An influential government adviser close to Keir Starmer and Rachel Reeves held 16 undi...

The Guardian - UK News4 months ago
‘We don’t want to make the same mistakes’: Jamie’s Italian reopens in London
UK NewsBusinessLifestyle

‘We don’t want to make the same mistakes’: Jamie’s Italian reopens in London

Jamie Oliver’s head of restaurants is optimistic about new recipe of smaller site, slimmed-down menu and no burgersWhen Jamie’s Italian crashed and burned in 2019, with the company in £83m of debt and...

The Guardian - UK News4 months ago
Investment or waste? How the M4 relief road plan for Newport sums up Wales’s economic quandary
UK NewsPoliticsBusiness

Investment or waste? How the M4 relief road plan for Newport sums up Wales’s economic quandary

As potentially seismic Senedd elections loom, competing parties have differing visions of how to reinvigorate the economyIt is afternoon rush hour on the M4 and drivers are yet again making slow progr...

The Guardian - UK News4 months ago