News

Minimum wage hikes killing off job opportunities for the young, warns CBI chief

Yesterday

Labour is killing off job opportunities for the young by pricing them out of work with huge increases in the minimum wage, according to the new boss of the Confederation of British Industry.

Bank of England to slash growth forecasts as inflation shock spells mortgage misery for millions

Yesterday

The Bank of England is set to slash its UK growth forecasts as business confidence tumbles and thousands of 'zombie' firms battered by Labour tax hikes and the Iran war face collapse.

VW and Mercedes challenge City watchdog's £9bn motor finance compensation scheme

Yesterday

Volkswagen said it had identified issues that 'require independent clarification' and wanted to ensure the scheme 'is applied fairly and accurately'.

Astra invests £300m in Britain after government agrees to spend more on medicines

Yesterday

It marks a partial U-turn after the drugs giant, Britain's biggest listed company, put a plan to spend £200m on its Cambridge site on pause last year.

Corks popping at Chapel Down after English wine maker sold 1m bottles of fizz for first time last year

Yesterday

The milestone means that the firm is edging towards its ambitious goal to hold the equivalent of a 1% share of the global Champagne market by 2035.

Jerome Powell defies Trump as he insists he has 'no choice' but to stay on at the Federal Reserve

Yesterday

Powell, pictured, delivered his last interest rate decision as chair of the Fed but said he has decided to remain as a rate-setting official.

UK outlook slashed as oil and gilt yields soar on Iran turmoil: Lloyds warns of stagflation as market jolted by blockade fears

Yesterday

Markets were further jolted yesterday as it emerged that Donald Trump has discussed the possibility that the US blockade of Iran could last for months.

Big pharma can boost Britain: Labour must not let our flagship firms drift away, says RUTH SUNDERLAND

Yesterday

One area where the UK still performs well on an international stage is pharmaceuticals, led by AstraZeneca and GSK.

Adidas shares sprint ahead thanks to early demand for World Cup football products

Yesterday

Sportswear giant Adidas rose on the Frankfurt stock exchange after citing building excitement for the FIFA World Cup tournament. Sales have been driven by demand for football kits and balls.

Two million Britons are now driving EVs in a massive electric milestone

Yesterday

There are now two million electric cars registered in the UK - up 15% on the number on the road in 2025. However discounting and demand is likely to be unsustainable, experts warn.

Government cuts last-minute deal to pass landmark pension law with controversial new investment powers curbed

Yesterday

A row revolved around a so-called 'backstop' to force big pension firms to deliver on a pledge to invest in private assets and infrastructure projects.

Jet 2 says holidaymakers are leaving bookings until the last minute amid fears over Iran war

Yesterday

Airline operator Jet2 said customers are making summer holiday bookings 'increasingly close to departure' since the war in the Middle East broke out at the end of February.

Last chance for cashback - trio of deals from top investing platforms close tomorrow

Yesterday

Platforms run deals at the end of the tax year to attract new customers. A trio are closing on 30 April, so with up to £8,000 on offer with one platform, should you sign up?

The swankiest Range Rover ever: It costs well over £200k - but you can only buy one if JLR asks you to

Yesterday

On the face of things, it looks like any other pricey Chelsea Tractor. But delve into the detail and it's the most opulent and immersive Range to leave the Solihull production site.

VW Polo goes electric: Twelve quickfire things to know about the new ID.Polo supermini - including how much it will cost

Yesterday

Thomas Schäfer, CEO of Volkswagen's passenger car division, says the new ID.Polo 'brings a Volkswagen bestseller into the electric age'. Here's a whistle-stop tour of what it offers UK drivers...

Race to 10k: Sunshine and denim shorts help vintage clothes reseller Jess Morton stretch her lead

Yesterday

Online shoppers have snapped up her bundles of denim shorts and printed T-shirts. Antiques dealer Gordon Kennedy has sold nine items so far and is in second place.

The seven common inheritance tax mistakes that could cost you a fortune

Yesterday

Inheritance tax used to be a worry for the wealthy, but now soaring numbers of bereaved families with modest estates are being hit with a bill.

Number of 45p taxpayers rockets 57% to nearly 1M in two years and fiscal drag will clobber even MORE workers

Yesterday

Newly released HMRC figures showed the number of additional rate taxpayers rose 56.8% or 324,000 in the 2022 to 2023 and 2023 to 2024 tax years.

Interest rate hike expected to be backed by 'at least two' Bank of England dissenters tomorrow

Yesterday

Huw Pill, the Bank's chief economist, is expected to lead calls for interest rates to rise, according to a number of banks.

The new-build homes that have HALVED in value: Hidden flaws and loopholes making properties unsellable

Yesterday

New-build flats on their first resale are currently almost twice as likely to be sold at a loss, new research from Property Data reveals.

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