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‘Major labels are trying to scoop up everything’: the chaotic future for indie music companies – and why vinyl isn’t working
BusinessEntertainmentMusic

‘Major labels are trying to scoop up everything’: the chaotic future for indie music companies – and why vinyl isn’t working

As stalwarts Sub Pop and Rough Trade celebrate big anniversaries, insiders speak candidly about the challenges they face. Can streaming ever ensure their survival?In the late 1980s, the fledgling Seat...

The Guardian Music4 months ago
Claire’s expected to return to UK high streets with about 50 stores from June
UK NewsBusiness

Claire’s expected to return to UK high streets with about 50 stores from June

Exclusive: Accessories chain will be reopened in the UK by its operator in France, Austria, Portugal and SpainThe jewellery and accessories chain Claire’s is expected to return to UK high streets with...

The Guardian - UK News4 months ago
Tony Blair’s thinktank urges Labour to scrap ‘unaffordable’ pension triple lock
UK NewsPoliticsBusiness

Tony Blair’s thinktank urges Labour to scrap ‘unaffordable’ pension triple lock

State pension was ‘built for a different era’, says former PM’s organisation amid pressure on government financesLabour has been urged by Tony Blair’s thinktank to scrap the pensions triple lock amid...

The Guardian - UK News4 months ago
Trump to lift tariffs on scotch whisky after king’s US visit
UK NewsBusiness

Trump to lift tariffs on scotch whisky after king’s US visit

President says decision made ‘in honor of the king and queen’ as industry officials call deal ‘significant boost’In a gesture of diplomatic friendliness after King Charles’s visit to the White House,...

The Guardian - UK News4 months ago
Bank of England warns ‘higher inflation unavoidable’ after holding interest rates
UK NewsBusiness

Bank of England warns ‘higher inflation unavoidable’ after holding interest rates

Governor says decision to keep rates at 3.75% reasonable given unpredictability of events unfolding in Middle EastBusiness live – latest updatesWhy Bank kept rates on hold despite UK bracing for Trump...

The Guardian - UK News4 months ago
Financial Times journalists in dispute with management over plans for office days
UK NewsBusiness

Financial Times journalists in dispute with management over plans for office days

FT branch of NUJ say there is not ‘compelling case’ for mandate for editorial staff to be in office four days a weekJournalists at the Financial Times are at loggerheads with the publication’s managem...

The Guardian - UK News4 months ago
Why Bank kept interest rates on hold despite message for UK to brace itself for Trumpflation
UK NewsPoliticsBusiness

Why Bank kept interest rates on hold despite message for UK to brace itself for Trumpflation

The reasons are hardly comforting, pointing to the weakness of a battered economy in the face of this latest crisisBusiness live – latest updatesBank warns ‘higher inflation unavoidable’ after leaving...

The Guardian - UK News4 months ago
Last Beefeater and Brewers Fayre restaurants to close, with loss of 3,800 jobs, Premier Inn owner says
UK NewsBusinessLifestyle

Last Beefeater and Brewers Fayre restaurants to close, with loss of 3,800 jobs, Premier Inn owner says

Whitbread to call time on restaurants in UK and Ireland blaming higher costs and taxes for latest strategic resetPremier Inn owner Whitbread is to cut about 3,800 jobs in the UK and Ireland and shut i...

The Guardian - UK News5 months ago
Revealed: British ad firm’s billion-dollar greenwash of US oil industry
UK NewsBusiness

Revealed: British ad firm’s billion-dollar greenwash of US oil industry

WPP accused of breaching its climate policy after report reveals firm linked to twice as much oil advertising as US rivalsA British advertising conglomerate has helped the oil companies ExxonMobil, Ch...

The Guardian - UK News5 months ago
Rising costs forcing 3m UK households to skip meals, Which? report finds
UK NewsBusiness

Rising costs forcing 3m UK households to skip meals, Which? report finds

Consumer insight tracker shows 85% are worried about food prices and a majority think the economy will deteriorateThree million UK households are being forced to skip meals as consumers resort to dras...

The Guardian - UK News5 months ago
Co-op marking commonly stolen items with forensic spray to track reselling
UK NewsBusiness

Co-op marking commonly stolen items with forensic spray to track reselling

Wave of measures has helped cut offending in stores last year by a fifth as new retail crime law comes into forceCo-op is secretly marking commonly stolen items including alcohol and laundry detergent...

The Guardian - UK News5 months ago
Barclay family avoids bankruptcy after deal with HSBC over £143m debt
UK NewsBusiness

Barclay family avoids bankruptcy after deal with HSBC over £143m debt

Bank says it has withdrawn proceedings against former Telegraph owners Aidan and Howard Barclay at high courtThe former owners of the Telegraph have avoided bankruptcy after reaching an 11th-hour agre...

The Guardian - UK News5 months ago
UK refineries asked to maximise jet fuel production amid supply fears
UK NewsBusiness

UK refineries asked to maximise jet fuel production amid supply fears

Government request follows contingency planning to stop planes being grounded if Iran war supply shocks continueBusiness live – latest updatesBritish refineries have been asked to maximise jet fuel su...

The Guardian - UK News5 months ago
UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds
UK NewsBusiness

UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds

Insolvency firm points to tax rises, staff costs and shaky consumer confidence after number increases to 62,193The number of UK businesses in “critical financial distress” has risen by more than a thi...

The Guardian - UK News5 months ago
AstraZeneca makes surprise U-turn with £300m pharma investment in UK
UK NewsPoliticsBusiness

AstraZeneca makes surprise U-turn with £300m pharma investment in UK

Drugmaker had stalled large-scale projects in England but has now pledged investment at two sites, announced by Keir StarmerBritain’s biggest drugmaker AstraZeneca has said it will invest £300m in the...

The Guardian - UK News5 months ago
‘There’s no streetlights’: North Yorkshire restaurant told to stop driving diners home
UK NewsBusinessLifestyle

‘There’s no streetlights’: North Yorkshire restaurant told to stop driving diners home

Award-winning chef and husband ordered to stop offering lifts home from rurally located HansomIt was when people were bringing a change of shoes to walk home that a couple running an acclaimed restaur...

The Guardian - UK News5 months ago
Exclusive: Nigel Farage was given undisclosed £5m by crypto billionaire in 2024
UK NewsPoliticsBusiness

Exclusive: Nigel Farage was given undisclosed £5m by crypto billionaire in 2024

Reform leader changed his mind about standing as MP after gift from Thai-based crypto tycoon Christopher HarborneAnalysis: Farage’s bid to get ahead of story only raises more questionsFarage referred...

The Guardian - UK News5 months ago
Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment
UK NewsBusiness

Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment

Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for BritainBusiness live – latest updatesLloyds has said that the economic fallout from the Middle East...

The Guardian - UK News5 months ago
Rachel Reeves’s tax shake-up: time to plan ahead, from Isas to self-assessment
UK NewsPoliticsBusiness

Rachel Reeves’s tax shake-up: time to plan ahead, from Isas to self-assessment

The chancellor’s changes will come into force in April 2027, affecting everyone from savers to landlords and sole traders. Experts say to act nowMillions of people will be affected by a range of savin...

The Guardian - UK News5 months ago
UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns
UK NewsBusiness

UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflictBritain is facing a £35bn economic hit and the risk of a recession this year as the fall...

The Guardian - UK News5 months ago