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Billionaire Trump donor in line to make millions from Thames Water bid
UK NewsBusiness

Billionaire Trump donor in line to make millions from Thames Water bid

Paul Singer is founder of a leading creditor in the hedge fund consortium locked in talks with the UK governmentA billionaire Donald Trump donor could make millions from a deal being struck between th...

The Guardian - UK News5 months ago
NS&I to contact bereaved families owed £367m after missing savings scandal
UK NewsBusiness

NS&I to contact bereaved families owed £367m after missing savings scandal

The bank’s interim chief executive says ‘this issue should never have happened’, but warns it may take time to process claimsNational Savings and Investments bank will start to contact thousands of fa...

The Guardian - UK News5 months ago
Energy bills will rise by £209 a year to £1,850 from July, forecaster says
UK NewsBusiness

Energy bills will rise by £209 a year to £1,850 from July, forecaster says

Cornwall Insight predicts rise in price cap of nearly 13% in Great Britain as Iran war pushes up gas costsEnergy bills for households in Great Britain could increase by more than £200 a year to almost...

The Guardian - UK News5 months ago
HS2 bill could rise to £102bn with first trains delayed until 2039, government admits
UK NewsPoliticsBusiness

HS2 bill could rise to £102bn with first trains delayed until 2039, government admits

Transport secretary Heidi Alexander blames Conservative government for ‘obscene increase in times and costs’The HS2 high-speed railway will now cost up to £102.7bn and trains will not start running be...

The Guardian - UK News5 months ago
‘This keeps the dream alive’: the bands sleeping at venues to make touring work
UK NewsBusinessEntertainment

‘This keeps the dream alive’: the bands sleeping at venues to make touring work

A new UK scheme is encouraging venues to provide accommodation for touring acts. But what if someone hurls a TV through a window?Touring has become increasingly financially precarious for grassroots a...

The Guardian Music5 months ago
Old Spanish Hen? Estrella owner buys Greene King ale brand
UK NewsBusinessLifestyle

Old Spanish Hen? Estrella owner buys Greene King ale brand

Pub owner’s sale to Barcelona-based brewer Damm is latest takeover of a British beer by an overseas buyerPub chain Greene King has agreed to sell its Old Speckled Hen ale brands to the Spanish owner o...

The Guardian - UK News5 months ago
Standard Chartered to cut more than 7,000 jobs as it steps up AI use
UK NewsBusinessTechnology

Standard Chartered to cut more than 7,000 jobs as it steps up AI use

London-headquartered bank will reduce back-office jobs and aims to move some workers to new rolesStandard Chartered plans to cut more than 7,000 jobs over the next four years as it increasingly uses a...

The Guardian - UK News5 months ago
UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war
UK NewsPoliticsBusiness

UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war

Pay growth eases to 3.4% as businesses face pressure from soaring energy costsAnalysis: No feelgood factor for ReevesUnemployment in the UK has unexpectedly risen to 5% while wage growth has slowed, a...

The Guardian - UK News5 months ago
No feelgood factor for Reeves as Iran war snuffs out economic upturn
UK NewsPoliticsBusiness

No feelgood factor for Reeves as Iran war snuffs out economic upturn

Rise in unemployment and weak pay growth underline how tough this year will be for UK householdsUK unemployment unexpectedly rises to 5%News that the UK unemployment rate jumped back to 5% in March ap...

The Guardian - UK News5 months ago
At least 15m Britons not saving enough to retire, Pensions Commission says
UK NewsBusiness

At least 15m Britons not saving enough to retire, Pensions Commission says

Just 4% of self-employed workers are putting cash into pensions, with ‘large groups across the UK facing a severe cliff-edge’Millions of people across Britain are facing a “cliff edge” when they retir...

The Guardian - UK News5 months ago
Thames Water rescue deal threatened by uncertainty over next prime minister
UK NewsBusiness

Thames Water rescue deal threatened by uncertainty over next prime minister

Exclusive: Potential investors fear Andy Burnham could push to bring utility companies into public ownershipA rescue deal for Thames Water is under threat because of a potential change in prime minist...

The Guardian - UK News5 months ago
Belfast harbour operator to invest £1.3bn as NI economy grows
UK NewsBusiness

Belfast harbour operator to invest £1.3bn as NI economy grows

Port has upgraded offshore wind facilities and is to expand quays, ferry terminals and cruise ship servicesThe operator of Belfast harbour plans to spend £1.3bn over the next 25 years to take advantag...

The Guardian - UK News5 months ago
Halifax could disappear from UK high streets as Lloyds assesses branding strategy
UK NewsBusiness

Halifax could disappear from UK high streets as Lloyds assesses branding strategy

Bank founded 174 years ago could be phased out from as early as 1 July as part of group’s reviewBosses at Lloyds Banking Group are considering axing the Halifax as a standalone brand, as part of a swe...

The Guardian - UK News5 months ago
Avanti West Coast to cut one in seven trains on its busiest intercity routes
UK NewsPoliticsBusiness

Avanti West Coast to cut one in seven trains on its busiest intercity routes

Train operator says passenger demand will still be met as it trims summer timetable at government’s behestAvanti West Coast is to cut about one in seven trains on its busiest intercity routes this sum...

The Guardian - UK News5 months ago
I warned that putting post offices into WH Smith branches would put them at risk | Letters
UK NewsPoliticsBusiness

I warned that putting post offices into WH Smith branches would put them at risk | Letters

Liz McInnes says her fears about the move back in 2019 are coming true as towns such as Middleton will lose access to postal services with TG Jones closingIn 2019, I warned the Conservative government...

The Guardian - UK News5 months ago
Andy Burnham’s change in tack on fiscal rules and bond markets is understandable
UK NewsPoliticsBusiness

Andy Burnham’s change in tack on fiscal rules and bond markets is understandable

Bookies’ favourite to replace Keir Starmer tones down stance on government borrowing to assuage City investorsAndy Burnham has always faced a narrow path to replace Keir Starmer as prime minister: a t...

The Guardian - UK News5 months ago
HS2: Heidi Alexander to set out true cost of rail project – and when trains will begin to run
UK NewsPoliticsBusiness

HS2: Heidi Alexander to set out true cost of rail project – and when trains will begin to run

Transport secretary to give budget details of troubled high-speed line, which backers hope will stay well below £100bnThe latest estimate of the cost of HS2 and a timetable to complete construction of...

The Guardian - UK News5 months ago
London tube strikes called off at last minute
UK NewsBusiness

London tube strikes called off at last minute

RMT union says two 24-hour stoppages from midday on Tuesday have been suspendedBusiness live – latest updatesPlanned strikes by drivers on London Underground this week have been called off, the RMT un...

The Guardian - UK News5 months ago
Anthropic to share Mythos cyber flaw findings with global finance watchdog
UK NewsBusinessTechnology

Anthropic to share Mythos cyber flaw findings with global finance watchdog

Startup has declined to release Claude Mythos AI model publicly amid fears it could be used by hackersBusiness live – latest updatesAnthropic is to brief the global finance watchdog on the implication...

The Guardian - UK News5 months ago
Rising prices are Britons’ biggest money worry as inflation stays high, survey finds
UK NewsBusiness

Rising prices are Britons’ biggest money worry as inflation stays high, survey finds

Households ‘increasingly gloomy’ about finances amid fears of interest rate rises due to higher fuel pricesRising prices have become the top financial concern for UK households, according to a monthly...

The Guardian - UK News5 months ago