DWP new powers update in bid to 'monitor' bank accounts
New powers under debate in Parliament could allow the DWP to recover money directly from fraudsters’ bank accounts
Primark makes big Christmas 2025 change for all shoppers
Primark has made a new change that impacts all shoppers ahead of Christmas 2025
Centrica and Holland & Barrett fined for underpaying staff
A list of nearly 500 employers fined more than £10m for failing to pay the minimum wage is released.
Aldi names 23 top priority locations for new UK stores - full list
Bosses at Aldi are looking at several priority locations across the UK
DWP Christmas Bonus payment for people on State Pension, PIP and other benefits
People will receive the £10 payment from the DWP if they meet eligibility requirements during the qualifying week in December.
Rachel Reeves plans 'targeted action' on bills in Budget
The chancellor is planning moves to help households with the cost of living in the Budget.
Zero-interest periods on credit cards expected to increase ahead of Christmas
Interest-free periods on credit cards both for balance transfers and for purchases are expected by lenders to rise, the Bank of England said.
Homebase making major change to 200 stores from November
The DIY and garden retailer has announced a new addition to stores for 2025.
Chancellor facing further Budget challenges after muted economic growth
The ONS said GDP rose by 0.1% in August and fell by 0.1% in July, in a revision to the previous estimate for no growth.
Nestle to cut 16,000 jobs with British impact unclear
There are Nestle factories, distribution centres and offices across Britain, but the company said it didn’t know how many staff were employed there.
Paddy Power to close 57 shops in UK and Republic of Ireland
Its parent company said affected staff would be “offered redeployment opportunities where possible”.
DWP account raid update as banks 'not to tell people' for 3 months
Investigators will have access to suspected fraudulent benefits claimant accounts for three months before they are informed
Octopus warns of 20% jump in energy bills as 'urgent' changes needed
UK’s biggest energy supplier Octopus Energy’s Rachel Fletcher told MPs that the Government should urgently consider changing how wholesale gas prices drive changes in UK energy costs in order to help British households
DWP State Pension rules as you could risk missing full payments
The DWP State Pension is a vital source of income for many people, but there are specific qualifications that must be met to get full payments
DWP confirms five groups of people won't receive winter fuel payment this year
Following a Government U-turn earlier this year, nine million pensioners will receive the winter fuel payment from the Department of Work and Pensions (DWP), but there are five groups who will not receive help to heat their homes
Premier Inn investors hoping for summer boost amid rising hotel prices
Whitbread, which also owns the Beefeater and Brewers Fayre chains, will publish its half-year financial results on Thursday.
UK economy sees weaker-than-expected growth in August after July contraction
The ONS said GDP rose by 0.1% month-on-month in August
UK economy returns to growth, but only just, as Reeves plans budget
Britain’s economy expanded by a marginal 0.1% in August from July.
FTSE 100 falters as investors mull outlook for UK economy
It comes as Rachel Reeves told Sky News that she is looking at both tax rises and spending cuts in the upcoming Budget.
UK economy grew slightly in August ahead of key Budget
The 0.1% growth follows a slight contraction in the economy during July, official figures show.
J&J faces first UK lawsuits alleging its baby powder caused cancer
Johnson & Johnson is facing the first lawsuits in Britain over allegations that its talc products cause cancer, as it fights tens of thousands of similar claims in the United States.
UK sanctions Russia's oil giants over Ukraine war
The government has also targeted a major Indian energy company and Chinese oil terminals in new sanctions.
UK suffers blow in bid to become minerals superpower - as it's snubbed by its own leading firm
Pensana has ditched plans for a UK rare earths plant at Saltend Chemicals Park in the Humber Freeport, which was set to create 126 new jobs. The proposals were announced in 2022 as part of the government’s critical minerals strategy.
UK economy expands as GDP rises by 0.1% in August ahead of crucial budget
Manufacturing and health sectors boost growth but ONS revises down figures for July
UK's Travis Perkins like-for-like sales rise on promotions
Britain’s Travis Perkins reported a 1.8% rise in third-quarter like-for-like (LFL) sales on Thursday, as the building materials supplier invested in pricing and targeted promotions to win back market share in its core merchanting business.
UK Government urged to ‘do the right thing’ and reject Rosebank development
Equinor, which owns the majority of the oil field, stressed it was committed to advancing the ‘Rosebank project’.
Rachel Reeves says higher taxes on wealthy ‘part of the story’ for November budget
Chancellor hints at rises and calls out past ‘scaremongering’ over VAT on private schools and changes to non-doms
UK courts Australian super funds in overseas investment push, sources say
Britain will hold investment talks with Australia’s biggest pension funds next week, sources told Reuters, as the government tries to draw in overseas cash and learn lessons to help shake up the UK pensions system.
UK economy returns to growth in August
Britain’s economy grew by a modest 0.1 per cent in August, falling short of the 0.2 per cent expansion forecast by most economists.
Credit Suisse loses $440 mln UK lawsuit against SoftBank over Greensill losses
Credit Suisse on Wednesday lost its $440 million London lawsuit against Japan’s SoftBank Group Corp over losses linked to collapsed finance firm Greensill Capital.
UK targets Russia’s ‘shadow fleet’ and sanctions oil giants
Yvette Cooper announced new restrictions as the Ukrainian speaker visited parliament
When £100 buys half a basket of shopping, it’s no mystery why young people feel Britain is rigged against them | LBC
I kneel expectantly in front of the Tesco deliveryman.
Pets at Home and CVS Rise After UK Opts Against Vet Price Controls
Pets at Home Group Plc and CVS Group Plc surged after the UK antitrust regulator called for more competition and a regulatory overhaul of the veterinary industry but stopped short of proposing broader pricing controls.
Whitbread sees strong bookings in UK, Germany despite profit dip
UK-based Whitbread said on Thursday forward bookings in the UK and Germany are ahead of last year, even as it reported a 7% drop in half-year profit due to lower food and beverage sales and weaker-than-expected demand in Germany.
PG Tips owner under pressure to invest in struggling tea company
Lipton Teas faces liquidity shortfall or debt restructuring amid shrinking market share
Bankers to get bonuses quicker under rule change
The change is a relaxation of rules that were brought in after the 2008 financial crash.
UK's Nscale to supply Microsoft with 200,000 Nvidia AI chips
Nscale will deploy around 200,000 Nvidia AI chips under an expanded agreement with Microsoft across its data centers in Europe and the U.S., the British artificial intelligence group said on Wednesday.
UK bankers to get bonuses earlier as Bank of England loosens rules
Senior bankers in Britain will receive their bonuses earlier than previously thought, the Bank of England said on Wednesday, after it halved the length of time needed to qualify as part of efforts to boost UK competitiveness.
Swiss Army Knife maker tries new tools to blunt Trump tariff blow
Victorinox, which produces 10 million Swiss Army Knives a year, is one of many Swiss manufacturers worried about the higher cost of doing business with the United States.
Rachel Reeves urged to 'go big' after Chancellor confirms she WILL raise taxes in next Budget
The Chancellor may have to find as much as £40billion to avoid doing the saem next year, the IFS has warned
DWP £300 payments for 2025 millions can claim this week
Around nine million people in England and Wales will automatically benefit from the money but others may need to submit a claim
DWP warning: State pensioners urged to be 'aware' as Winter Fuel Payment scams on the rise
Britons of state pension age could be eligible for up to £300 in energy bill support through the Winter Fuel payment scheme
Lloyds Bank, Barclays, Nationwide and NatWest offering free cash bonuses of up to £200 - full list
Bank customers are being reminded to take advantage of free cash bonus deals from Lloyds, Barclays and Nationwide
Tesco 'sorry' after hundreds of customers left unable to pay for supermarket shop after IT 'problem'
Supermarket shoppers have been left unable to complete payment due to IT errors, including Tesco customers
Winter fuel payments scam warning for pensioners
Winter fuel payments will be made automatically and people should not engage with texts about them, the Department for Work and Pensions is warning.
Royal Mail fined £21m by Ofcom for missing delivery targets
It is the third-largest fine the communications watchdog has ever issued.
Capita fined £14m for data protection failings in 2023 cyber-attack
Hackers stole personal information of 6.6m people but outsourcing firm did not shut device targeted for 58 hours
Rachel Reeves to pitch UK as ‘beacon of stability and growth’ at IMF, amid budget pressure – business live
Rolling coverage of the latest economic and financial news
UK regulator fines Royal Mail record $28 million for missing delivery targets
Britain’s telecom and media regulator on Wednesday fined Royal Mail 21 million pounds ($28.1 million), its largest penalty to date on the post and parcel group, for missing delivery targets for 2024–25.
UK's Entain posts 6% rise in gaming revenue on BetMGM strength
British gambling firm Entain reported a 6% rise in third-quarter net gaming revenue and reiterated its annual profit forecast on Wednesday, supported by growth in its U.S. joint venture BetMGM and online gaming.