Iran allows select ships through Strait of Hormuz as blockade targets US and allies
Allied vessels granted passage while Western-linked ships remain blocked from key route
B&M unit adds 'rustic charm' and cheaper than B&Q £20 version
B&M shoppers might want to add a stylish 3 cube shelving unit with rustic charm to their home for just £15
750,000 Brits can claim 'forgotten' fund if born between two dates
HMRC says 758,000 accounts have yet to be claimed, with each worth an average £2,242
DWP 'we can prioritise your claim' update over £200 payments
Senior DWP officials spoke to MPs about the support scheme
TSB warning: Pensioners losing up to £4k to friendship scam as criminals 'target older people's life savings'
The high street is sounding the alarm over the growing number of retirees being targeted by scammers
Bentley axing up to 275 jobs amid company overhaul
The cuts account for around 6% of Bentley’s 4,600-strong workforce.
Rachel Reeves announces plan to give mayors a share of national tax revenues
Regional leaders will gain “control of a share of some national taxes”
Lloyds and Halifax customers could see compensation payouts
Lloyds Banking Group could have to pay out to its customers after the breach
Rachel Reeves update over £300 discounts scheme for pensioners
She spoke to MPs about the impact of the Iran war on the cost of living
Ukraine accepts EU offer to help restore Druzhba pipeline
Ukraine has accepted the European Union’s offer of technical support and funding to restore oil flows to Hungary and Slovakia through the damaged Druzhba pipeline, EU Council President Antonio Costa said on Tuesday.
DIY chain Wickes announces plans to open 70 new stores and create 2,000 jobs
Wickes is aiming to open four to five new shops this year, then it will increase this target to at least ten new stores a year from 2028
Rachel Reeves announces £2.5billion investment in AI to boost UK economy
The Chancellor confirmed the investment during her annual Mais lecture speech this afternoon
British Gas says customers can get £117 off energy bills from April
The energy supplier explained that the change comes into effect for customers from April 1
Banking group to axe 600 jobs as part of plans to save £85million
The cuts will take place over the next 18 months and represents nearly a quarter of its 2,600-strong workforce
Royal Mail disruption continues as 88 UK postcodes impacted - full list
The postal service has faced criticism over its delivery targets as it increases the price of stamps.
DWP PIP claims hit record high as numbers rise by 233,000 in a year
Teenagers and young adults account for a growing proportion of those getting PIP
HMRC disaster as 5.6 million Britons overpaid £3.5BILLION due to 'wrong' tax codes
Britons are being urged to check their pay slips to ensure they are paying the right amount in tax
Major banking group to axe 600 jobs in UK and Ireland as part of £85m cost-cutting efforts
Shares in Close Brothers slumped earlier this week
Wickes to create more than 2,000 jobs under aims to expand to 300 stores
The retailer is aiming to open four to five stores this year, before ramping up the opening programme to at least 10 a year from 2028.
State pension set for £400 boost under triple lock next year
The conflict in the Middle East could drive inflation to hold at three per cent by year’s end
Major railcard change to hit millions in just weeks - check if you're affected
Seven million people use railcards to get discounts on train travel – but new rules will see a ‘validation’ system rolled out, along with a change to how refunds are processed
One in five witness violence or abuse against retail workers – BRC
Incidents included racial and sexual abuse, physical assault and threats with weapons while shopping, the poll by Opinium for the BRC found
Rachel Reeves to call for rapid AI adoption and deeper ties with EU to boost growth – business live
Rolling coverage of the latest economic and financial news
Blue Owl tipped UK lender into insolvency after discrepancy concerns, FT reports
U.S. private credit firm Blue Owl pushed London-based mortgage lender Century Capital into administration after discovering the UK group had dismissed a director over financial discrepancies, the Financial Times reported on Tuesday.
UK building materials supplier Travis Perkins makes sluggish star
Travis Perkins sees subdued trading and weak construction market in early 2026, with promotions helping regain market share despite ongoing challenges.
UK Lender OakNorth Hiring in the US as Bank Acquisition Nears
OakNorth Bank Plc is hiring for key positions in the US ahead of its acquisition of Michigan-based Community Unity Bank, which the firm hopes will unlock even more lending to businesses in the country.
Major UK car park firm collapses into administration
Its car parks may be put up for sale
UK's Reeves to pledge 1 billion pounds for quantum procurement
British finance minister Rachel Reeves said on Monday the government would spend up to 1 billion pounds ($1.33 billion) on powerful quantum computers to help develop the quantum sector and boost the wider economy.
Chinese rival to retail giant Amazon launches in the UK
JD.com is launching in the UK through its new Joybuy platform to target bargain-hunting British shoppers
UK consumers hit by worries over war in Iran
British consumers have turned their least confident since the start of last year following the outbreak of war in the Middle East, financial data firm S&P Global said on Monday in an early sign of the potential impact of the conflict on the economy.
UK plans to double steel tariffs, Politico reports
Britain plans to double tariffs on steel imports, Politico reported on Monday, saying that it would be part of a wider strategy aimed at protecting the country’s struggling steel industry.
Experts issue verdict on whether North Sea drilling will reduce UK energy bills
The analysis comes amid soaring energy prices as a result of the US-Israeli war on Iran which has closed the Strait of Hormuz – a key shipping route for oil and gas supplies
Chinese-owned Syngenta to build new £100m bioscience hub in UK
Agrichemical group will open a research centre in Berkshire, in a move hailed by UK government as ‘clear’ vote of confidence
UK Curbs Powers of Financial Ombudsman Service After Oversteps
The UK plans to curb the powers of the Financial Ombudsman Service after it acted as a “quasi regulator” during cases including the multibillion-pound motor finance scandal.
Reeves vows UK will 'beat G7 at AI' as she searches for growth agenda
Rachel Reeves is expected to set out the government’s AI ambitions to improve public services and shape the future of British industry.
UK fintech Pockit borrows cash from Spanish railway architect
Founder Virraj Jatania has said Pockit focuses on UK adults who are often poorly served by mainstream financial services.
UK Inflation Looks More 2011 Than 2022 for Bank of England
When Britain was last hit by a major energy shock after Russia invaded Ukraine in 2022, the Bank of England cranked up interest rates to chase down spiraling inflation. This time is different.
Stop blaming Brexit for economic woes, Reeves told
In the annual Mais lecture, Rachel Reeves will declare a “deeper relationship with the EU” as being crucial to boosting the British economy.
HBO Max launches in the UK next week, and Oscar-winner Sinners will stream on day one
The UK is the last country to get access to the streaming service, and it couldn’t come at a better time
Lenders to UK's Thames Water offer $4.4 billion investment in latest rescue bid
A group of Thames Water’s creditors have offered 3.35 billion pounds ($4.4 billion) of new equity and up to 6.55 billion pounds of new debt as part of their latest bid to rescue Britain’s biggest water company.
New report reveals Black music is worth £24.5 billion to UK’s economy
Core black music genres such as African genres, Hip-Hop, Rap, and Motown, amassed £4.83 billion in sales
Why UK households with heating oil are getting help from the government
UK ministers are preparing a £50 million package to assist households facing spiralling energy costs.
Brewdog US bars snapped up by beer firm’s UK buyer
The US cannabis firm which bought craft beer giant Brewdog’s UK arm has agreed to buy some of its American bars and brewing facilities.
Major high street chain collapses into administration - race to save 154 stores
It could be rescued after it collapsed into administration for the second time in less than a year.
Greggs pastries could soon be available from vending machines across UK
Greggs bosses are looking at rolling out automated and manual vending solutions for pastries and snacks
BrewDog US bars to be bought by firm behind UK rescue deal
Tilray Brands said it had agreed to acquire certain key assets across North America.
UK Pledges £1 Billion in New Bid to Tackle Youth Jobless Crisis
UK employers are to be offered thousands of pounds to hire young people as part of a new drive to tackle youth joblessness, an issue that is becoming a crisis for Prime Minister Keir Starmer’s government.
Businesses to be given £3k to employ young people out of work | ITV News
The work and pensions secretary promised his reforms will “significantly reverse” the rise in young people out of work. | ITV National News
Car park firm NCP falls into administration, putting nearly 700 jobs at risk
PwC called in as administrators after company runs out of cash, leaving it unable to pay landlords and creditors
What you need to know as retailer set to 'rival Amazon' launches
The Chinese retailer will target bargain-hunting British shoppers
