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IMF urges UK to ‘stay the course’ on borrowing amid Starmer uncertainty
UK NewsPoliticsBusiness

IMF urges UK to ‘stay the course’ on borrowing amid Starmer uncertainty

Washington-based fund praises Rachel Reeves for aiming to cut budget deficit as it upgrades growth forecastsBusiness live – latest updatesThe International Monetary Fund has urged Britain to “stay the...

The Guardian - UK News5 months ago
Oil prices rise and bonds wobble as Iran war stokes inflation fears
UK NewsBusiness

Oil prices rise and bonds wobble as Iran war stokes inflation fears

Trump warning over peace talks drives up crude price as UK gilts hit by uncertainty over Starmer leadershipBusiness live – latest updatesOil prices rose and global bonds wobbled on Monday, as fresh te...

The Guardian - UK News5 months ago
UK firms halt investments and hiring as Iran war pushes up costs, bosses warn
UK NewsBusiness

UK firms halt investments and hiring as Iran war pushes up costs, bosses warn

Survey shows businesses ‘struggling to absorb latest economic shock’, while data says April vacancies down 7.7%The worsening fallout from the Iran war is forcing businesses to halt their UK investment...

The Guardian - UK News5 months ago
Campaigners threaten legal action over UK-US deal on prices NHS pays for drugs
UK NewsPoliticsBusiness

Campaigners threaten legal action over UK-US deal on prices NHS pays for drugs

Two campaign groups claim that change to how NHS treatments are approved amounts to ‘unlawful power grab’Campaigners against the UK’s controversial drug pricing deal with Donald Trump are threatening...

The Guardian - UK News5 months ago
Government-backed Pensions Commission calls for action on gender savings gap
UK NewsBusiness

Government-backed Pensions Commission calls for action on gender savings gap

Body says, on average, British women approaching retirement have half private pension savings of men – £81,000 versus £156,000A shake-up of pensions in Britain must involve measures to close the gap i...

The Guardian - UK News5 months ago
Crime increasingly a ‘serious barrier’ to UK growth, say business leaders
UK NewsBusiness

Crime increasingly a ‘serious barrier’ to UK growth, say business leaders

British Chambers of Commerce survey shows firms ‘are dealing with rising levels of theft, fraud and cyber-attacks’UK business leaders have warned that crime is becoming an increasingly “serious barrie...

The Guardian - UK News5 months ago
Thames Water investors say temporary nationalisation would slow its recovery
UK NewsPoliticsBusiness

Thames Water investors say temporary nationalisation would slow its recovery

Comments come after Andy Burnham says he would renationalise water and other businesses as PMInvestors in Thames Water have told the Labour government that a temporary nationalisation of the embattled...

The Guardian - UK News5 months ago
Will a Nationwide customer’s boardroom challenge shake up UK corporate governance?
UK NewsBusiness

Will a Nationwide customer’s boardroom challenge shake up UK corporate governance?

A decade after Theresa May spoke of radical reform, the mutual faces a bid that is testing the limits of democracyIn July 2016, in a canalside conference centre in central Birmingham, Theresa May took...

The Guardian - UK News5 months ago
JLR and General Motors eye £900m contract to build new range of military trucks
UK NewsBusiness

JLR and General Motors eye £900m contract to build new range of military trucks

Carmakers aim to expand into UK defence sector, exploiting spending boom by Nato countriesJaguar Land Rover and General Motors are considering an expansion into UK defence via a £900m military contrac...

The Guardian - UK News5 months ago
‘Research here is world class’: son of Steve Jobs looks to invest in UK cancer care
UK NewsBusinessHealth

‘Research here is world class’: son of Steve Jobs looks to invest in UK cancer care

After death of his father, Reed Jobs is keen for his $1bn venture capital fund Yosemite to make a difference“I saw my dad have cancer when I was a kid, and unfortunately that happens far too often. An...

The Guardian - UK News5 months ago
Plum position: how Mutti turned tinned tomatoes into a status symbol
UK NewsBusinessLifestyle

Plum position: how Mutti turned tinned tomatoes into a status symbol

Italian brand poised to overtake Napolina in UK sales is touring the country on a mission to win more customersPosh jars of beans, fancy cooking oils and bougie tonic waters have tempted many of us to...

The Guardian - UK News5 months ago
‘The Iran war left my insurance policy void’: how the conflict is affecting travellers
UK NewsBusiness

‘The Iran war left my insurance policy void’: how the conflict is affecting travellers

A student could lose hundreds after the UK changed travel advice – others face flight cancellations due to fuel shortagesIn February, when Lottie Cornwall booked a summer trip to Lebanon, she was exci...

The Guardian - UK News5 months ago
Record numbers of UK renters crowdfunding to cover bills
UK NewsBusinessTechnology

Record numbers of UK renters crowdfunding to cover bills

Rent donations on GoFundMe up 60% since 2022, with 100,000 donors helping people keep a roof over their headsA record number of people in the UK are turning to crowdfunding to cover rent and household...

The Guardian - UK News5 months ago
UK drivers struggle to get insurance for Chinese EVs such as Jaecoo
UK NewsBusiness

UK drivers struggle to get insurance for Chinese EVs such as Jaecoo

Firms do not offer cover for some models, or charge more than for equivalent petrol cars, research finds‘Temu Range Rover’: what the Jaecoo 7 says about China’s electric car ascendancyUK insurers are...

The Guardian - UK News5 months ago
Pound heads for worst week in 18 months as Burnham lines up Labour bid
UK NewsPoliticsBusiness

Pound heads for worst week in 18 months as Burnham lines up Labour bid

UK government borrowing costs jump amid political uncertainty and oil price rise that fuelled inflation worriesBusiness live – latest updatesThe pound was heading for its worst week in 18 months on Fr...

The Guardian - UK News5 months ago
FTSE 100-listed insurer Hiscox’s shares leap amid report of takeover bid
UK NewsBusiness

FTSE 100-listed insurer Hiscox’s shares leap amid report of takeover bid

Canada’s Intact Financial Corp is said to be exploring offer, as London-listed Tate & Lyle attracts US suitorShares in Hiscox surged to record highs on Friday as it became the latest UK takeover targe...

The Guardian - UK News5 months ago
From Team Reeves to Manchesterism: Labour’s four economic camps explained
UK NewsPoliticsBusiness

From Team Reeves to Manchesterism: Labour’s four economic camps explained

Wes Streeting or Andy Burnham could launch a leadership bid – here are policies from which they could chooseWes Streeting may not have launched a leadership challenge against Keir Starmer, but he has...

The Guardian - UK News5 months ago
British Gas faces record £112m settlement over prepayment meter scandal
UK NewsBusiness

British Gas faces record £112m settlement over prepayment meter scandal

Redress to customers for force-fitting devices in homes includes £20m penalty and £70m of debt write-offsThousands of British Gas customers who had prepayment meters force-fitted in their homes will b...

The Guardian - UK News5 months ago
Tesco boss’s pay rises by more than £1m to £10.8m after market share surge
UK NewsBusiness

Tesco boss’s pay rises by more than £1m to £10.8m after market share surge

Ken Murphy’s pay could rise even higher following scrapping of food waste target and weakness of rivalsBusiness live – latest updatesThe boss of Tesco made £10.8m last year, about £1m more than the ye...

The Guardian - UK News5 months ago
Hopes grow that London Underground strikes could be called off
UK NewsBusiness

Hopes grow that London Underground strikes could be called off

Tube stoppages due on two 24-hour periods next week but sources say RMT seeking talksBusiness live – latest updatesHopes have been raised that next week’s strikes by London Underground drivers could y...

The Guardian - UK News5 months ago