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Bank of England governor warns UK public to expect higher costs this year
UK NewsBusiness

Bank of England governor warns UK public to expect higher costs this year

Andrew Bailey says ‘inflationary pressure in pipeline’ despite US and Iran signing initial peace deal as interest rates kept on holdThe governor of the Bank of England has warned consumers to expect h...

The Guardian - UK News4 months ago
City & Guilds scraps mass redundancies and offshoring UK jobs to Greece
UK NewsBusiness

City & Guilds scraps mass redundancies and offshoring UK jobs to Greece

PeopleCert had been planning to cut about 400 jobs in £22m savings drive at training body it bought last yearThe vocational training body City & Guilds has guaranteed that plans for mass compulsory re...

The Guardian - UK News4 months ago
Fewer than half of commuters in Great Britain think train fare value for money
UK NewsBusiness

Fewer than half of commuters in Great Britain think train fare value for money

Findings of national survey comes as rail regulator reports record 1.83bn passenger journeys last yearFewer than half of rail commuters in Great Britain think their train fare is value for money, a na...

The Guardian - UK News4 months ago
Most of Great Britain’s major rail operators are back in public hands – is it working?
UK NewsPoliticsBusiness

Most of Great Britain’s major rail operators are back in public hands – is it working?

Explore the Guardian’s tracker to see which operators are nationalised and if services are improving under public ownershipThe majority of Great Britain’s major rail operators are now in public owners...

The Guardian - UK News4 months ago
Drax cleared after investigation into sourcing of wood pellets
UK NewsBusiness

Drax cleared after investigation into sourcing of wood pellets

Generator’s shares rise as regulator finds no evidence of misleading statements about fuel’s sustainabilityThe City watchdog has closed an investigation into the owner of the Drax power plant after an...

The Guardian - UK News4 months ago
Farage trying to block ‘Britcoin’ plans that could be costly for billionaire donor
UK NewsPoliticsBusiness

Farage trying to block ‘Britcoin’ plans that could be costly for billionaire donor

Reform UK leader used private meeting at Bank of England to urge governor to drop plans for state-run cryptocurrencyNigel Farage has been trying to block a Bank of England cryptocurrency plan that cou...

The Guardian - UK News4 months ago
UK vacancies fall to lowest for five years as wages grow faster than expected
UK NewsBusiness

UK vacancies fall to lowest for five years as wages grow faster than expected

Employers wary of hiring permanent staff but unemployment eased to 4.9% in the three months to AprilThe number of UK job vacancies fell to its lowest level for five years as businesses cut back on rec...

The Guardian - UK News4 months ago
Plan to ban ‘private equity sharks’ from social care dropped, Wes Streeting says
UK NewsPoliticsBusiness

Plan to ban ‘private equity sharks’ from social care dropped, Wes Streeting says

Exclusive: Ex-minister accuses Labour of ‘overcautiousness’ and says his proposal was cut from manifestoWes Streeting has said his plan to ban “private equity sharks” from the social care sector was r...

The Guardian - UK News4 months ago
Weather more important to sales than World Cup, says Tesco as growth slows
UK NewsBusiness

Weather more important to sales than World Cup, says Tesco as growth slows

Strong sales of canned cocktails and Irn-Bru help retailer beat forecasts – and sunshine made people spendBusiness live – latest updatesThe weather will have more impact on grocery sales than home nat...

The Guardian - UK News4 months ago
Rejoining customs union would not fix damage caused by Brexit, research finds
UK NewsPoliticsBusiness

Rejoining customs union would not fix damage caused by Brexit, research finds

Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single marketBrexit has depressed UK exports to the EU by 12%, and rejoining the customs union wo...

The Guardian - UK News4 months ago
NHS patients face worst drug shortages on record, say pharmacists and GPs
UK NewsBusinessHealth

NHS patients face worst drug shortages on record, say pharmacists and GPs

Supply problems pose risk to health, with common painkillers, epilepsy medication and HRT affectedBritons are facing some of the “most severe” shortages of NHS medicines on record including common pai...

The Guardian - UK News4 months ago
Legislation proposed to stop lawsuits used to silence journalists and whistleblowers
UK NewsPoliticsBusiness

Legislation proposed to stop lawsuits used to silence journalists and whistleblowers

Private members’ bills to crack down on use of Slapps are likely to attract cross-party supportA coordinated push to protect whistleblowers, journalists and victims of sexual assault from being sued b...

The Guardian - UK News4 months ago
Jaguar Land Rover to make more hybrid cars in US sales push
UK NewsBusinessTechnology

Jaguar Land Rover to make more hybrid cars in US sales push

Drive to appeal to wealthy Americans is part of pivot away from previously announced all-electric strategyJaguar Land Rover has said it will make more hybrid cars as part of an effort to focus on grow...

The Guardian - UK News4 months ago
AO boss blames Labour as it shifts UK call centre roles abroad
UK NewsBusiness

AO boss blames Labour as it shifts UK call centre roles abroad

About 150 jobs have already been lost in Bolton as the retailer reports 145% rise in profits and hands £20m to shareholdersThe online electrical goods seller AO World has revealed it is outsourcing up...

The Guardian - UK News4 months ago
Real estate event in London ‘advertised sale of land in illegal Israeli settlements’
UK NewsBusiness

Real estate event in London ‘advertised sale of land in illegal Israeli settlements’

Pamphlets from event featured projects in West Bank and East Jerusalem despite previous denials by organisersAn Israeli real estate event in north London appears to have advertised the sale of land in...

The Guardian - UK News4 months ago
Surprisingly benign UK inflation data signals a softer Iran war hit than feared
UK NewsPoliticsBusiness

Surprisingly benign UK inflation data signals a softer Iran war hit than feared

Impact of war on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plcUK inflation stays at 2.8% as slowing food prices offset...

The Guardian - UK News4 months ago
UK inflation stays at 2.8% as slowing food prices offset rising transport costs
UK NewsBusiness

UK inflation stays at 2.8% as slowing food prices offset rising transport costs

May’s figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest ratesAnalysis: benign data signals a softer hit than fearedUK inflation unexpectedly remained at 2.8%...

The Guardian - UK News4 months ago
‘Tax break tart’: hospitality tipped to exploit summer VAT cut on children’s meals
UK NewsBusiness

‘Tax break tart’: hospitality tipped to exploit summer VAT cut on children’s meals

As bosses ridicule the chancellor’s scheme, one venue is offering a £25 ‘kids’ menu of snails and anchovy butter toastRestaurants and pubs are expected to devise “enterprising” schemes to exploit a ta...

The Guardian - UK News4 months ago
John Lewis injects £20m into Glasgow city centre store in wider branch reboot
UK NewsBusiness

John Lewis injects £20m into Glasgow city centre store in wider branch reboot

Upgrade to Buchanan Galleries part of £50m spend this year and £800m by 2029 to revive appeal of department storesJohn Lewis is to spend £20m on a revamp of its Glasgow store in the city centre’s Buch...

The Guardian - UK News4 months ago
Lib Dems to urge Labour to drop ‘torpor and timidity’ on EU and rejoin single market
UK NewsPoliticsBusiness

Lib Dems to urge Labour to drop ‘torpor and timidity’ on EU and rejoin single market

Exclusive: Ed Davey to make call ahead of 10th anniversary of Brexit vote, in strengthening of party’s position on EUThe Lib Dems will urge Andy Burnham to end Labour’s “torpor and timidity” towards t...

The Guardian - UK News4 months ago