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Oil prices rise and markets fall after US seizure of ship hits Iran peace deal hopes
UK NewsBusiness

Oil prices rise and markets fall after US seizure of ship hits Iran peace deal hopes

FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended periodOil prices rose sharply and European stock markets fell on Monday after the US seizure of an Iranian...

The Guardian - UK News5 months ago
Tube strikes: how disruptive will action by London Underground drivers be?
UK NewsBusiness

Tube strikes: how disruptive will action by London Underground drivers be?

RMT has called action in two 24-hour tranches this week over opposition to four-day working patternA strike by London Underground drivers will severely disrupt transport in the capital over the next f...

The Guardian - UK News5 months ago
Victoria Beckham ties up with Gap as retailer hopes luxe push will drive comeback
UK NewsBusiness

Victoria Beckham ties up with Gap as retailer hopes luxe push will drive comeback

Ex-Mattel boss behind Barbiemania pivots retailer towards more premium fashion after reopening UK storesFrom the 80s through to the early noughties it was the go-to high street store for casual hoodie...

The Guardian - UK News5 months ago
Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says
UK NewsBusiness

Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says

Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidenceA quarter of a million people could lose their jobs by the middle of next year as Brit...

The Guardian - UK News5 months ago
Trustpilot hosts reviews of illegal casinos, raising concern among MPs
UK NewsPoliticsBusiness

Trustpilot hosts reviews of illegal casinos, raising concern among MPs

Reviews website features pages praising unlicensed sites’ supposed qualities as if they were legitimate businessesTrustpilot, the reviews website that offers to “find a company you can trust”, is host...

The Guardian - UK News5 months ago
William Hill owner Evoke in talks on £225m takeover by casino group Bally’s
UK NewsBusiness

William Hill owner Evoke in talks on £225m takeover by casino group Bally’s

Heavily indebted UK-listed gambling company says it is discussing possible offer from casino operator at 50p a shareBusiness live – latest updatesEvoke, the London-listed gambling company that owns Wi...

The Guardian - UK News5 months ago
Ed Miliband to double down on net zero with measures to combat Iran energy shock
UK NewsPoliticsBusiness

Ed Miliband to double down on net zero with measures to combat Iran energy shock

As fossil fuel prices soar ‘the era of clean energy security must come of age’, energy secretary will sayEd Miliband will double down on Labour’s commitment to net zero in the face of the Middle East...

The Guardian - UK News5 months ago
ABF poised to reveal result of Primark and food business demerger plan
UK NewsBusiness

ABF poised to reveal result of Primark and food business demerger plan

Retail analysts say breaking up food and fashion group would make sense in challenging business environmentPrimark may break free from Kingsmill, Twinings and the sugar business this week when Associa...

The Guardian - UK News5 months ago
Reform UK’s Richard Tice allegedly failed to pay £100,000 in corporation tax
UK NewsBusiness

Reform UK’s Richard Tice allegedly failed to pay £100,000 in corporation tax

Deputy leader ran shell companies that reportedly did not pay tax on profits from 2020 to 2022, during which time his firm donated £1.1m to partyRichard Tice allegedly failed to pay almost £100,000 in...

The Guardian - UK News5 months ago
Bank bosses called to meeting with Reeves over impact of Iran war on UK economy
UK NewsBusiness

Bank bosses called to meeting with Reeves over impact of Iran war on UK economy

HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict Middle East crisis – live updatesThe bosses of Britain’s “big five” retail banks h...

The Guardian - UK News5 months ago
Vodafone incentivised security staff to fine its own franchisees
UK NewsBusiness

Vodafone incentivised security staff to fine its own franchisees

Shopkeepers charged millions of pounds, including alleged £10,000 penalty for mistake that cost firm £7.08Vodafone incentivised its security staff to increase “clawbacks” levied on its own franchisees...

The Guardian - UK News5 months ago
More Britons opt to holiday in UK this summer amid uncertainty over flights
UK NewsBusiness

More Britons opt to holiday in UK this summer amid uncertainty over flights

Holiday park firms say such bookings are on the rise because of impact of Iran war on aviationHoliday companies have predicted a surge in bookings for UK summer breaks after a jump in interest from Br...

The Guardian - UK News5 months ago
Carmakers scramble to plug £3bn shortfall for UK loan scandal payouts
UK NewsBusiness

Carmakers scramble to plug £3bn shortfall for UK loan scandal payouts

Filings suggest manufacturers’ lending arms have massively underestimated bill from FCA’s £9.1bn redress schemeCarmakers are under pressure to drum up £3bn to cover payouts for motor finance scandal v...

The Guardian - UK News5 months ago
As Franco Manca scales back, is the air going out of the sourdough pizza craze?
UK NewsBusinessLifestyle

As Franco Manca scales back, is the air going out of the sourdough pizza craze?

The restaurant is to cut more than a fifth of its outlets amid an onslaught from supermarkets and rival chainsWhen Franco Manca first opened in south London’s Brixton Market in 2008, its competitively...

The Guardian - UK News5 months ago
Growing knowledge, growing yield: British wine-making comes of age
UK NewsBusinessLifestyle

Growing knowledge, growing yield: British wine-making comes of age

Changing climate, new techniques and a homegrown study programme have all helped drive a UK viticulture boomRows of vines stretch across the rolling hills of rural Dorset. Currently waist height, they...

The Guardian - UK News5 months ago
Central bank bosses enlist for war game to gauge threat of Lehman-style bust
UK NewsBusiness

Central bank bosses enlist for war game to gauge threat of Lehman-style bust

Finance chiefs to join exercise in Washington designed to assess how they would handle collapse of significant bankThe bosses of the central banks and treasuries of the UK, US and EU are to take part...

The Guardian - UK News5 months ago
What are my rights if flights are cancelled and holidays disrupted due to fuel shortage?
UK NewsBusiness

What are my rights if flights are cancelled and holidays disrupted due to fuel shortage?

Iran war and EU’s new entry-exit system could lead to travel misery this summer, but there are ways to mitigate itCan Europe avoid a summer of travel chaos?The war in the Middle East has prompted fear...

The Guardian - UK News5 months ago
Can Europe avoid a summer of holiday flight and cross-Channel travel chaos?
UK NewsBusiness

Can Europe avoid a summer of holiday flight and cross-Channel travel chaos?

Passengers face risk of cancellations due to fuel shortages – and long airport queues due to EU entry-exit systemWhat are your rights if your holiday flight is cancelled?Holidaymakers have faced numer...

The Guardian - UK News5 months ago
Rachel Reeves to raise windfall tax on low-carbon electricity generators
UK NewsBusiness

Rachel Reeves to raise windfall tax on low-carbon electricity generators

Chancellor aims to curb rising household bills as she consults on reforms to weaken link between gas and electricity pricesRachel Reeves is poised to raise the government’s windfall tax on low-carbon...

The Guardian - UK News5 months ago
Questions raised over whether £3.8m government grant awarded to Wrexham AFC was lawful
UK NewsBusinessSports

Questions raised over whether £3.8m government grant awarded to Wrexham AFC was lawful

Exclusive: The club, owned by Hollywood stars Ryan Reynolds and Rob Mac, received the grant without a contract or final state aid assessment in placeWrexham AFC, the football club part-owned by Hollyw...

The Guardian - UK News5 months ago