News

British Gas owner Centrica plans to axe 1,300 jobs over the next two years

Today

British Gas owner Centrica has said it will cut 1,300 jobs over the next two years as part of its ongoing turnaround efforts.

Rogue AI poses serious risks to the financial world: RUTH SUNDERLAND

Today

OpenAI, the company behind ChatGPT, was testing models in a 'sandbox' that is supposed to be a secure environment. Not secure enough, as it turns out.

A million more workers will pay income tax this year as Burnham backtracks on personal allowance increase

Today

A million more workers and pensioners will have to pay income tax this year as Andy Burnham backtracks on his plans to increase the personal allowance.

Santander and Octopus offer bigger mortgages to buyers of eco homes

Today

People buying the greenest homes are now being offered the chance to get bigger mortgages to account for not having to pay energy bills.

Takeover target Easyjet sees profits tumble on higher fuel prices

Today

Easyjet posted an £85m profit for the three months to 30 June, down 70% from £286m at the same point a year ago.

BAE unveils 'thunder king' fighter drone to fly alongside RAF jets as unmanned 'loyal wingman'

Today

Defence giant BAE Systems has unveiled its new 'thunder king' unmanned fighter drone to fly alongside RAF jets with an initial version to take to the sky next year.

New Diageo boss 'Drastic' Dave Lewis planning major job cuts in bid to turn struggling drinks maker around

Today

New Diageo boss 'Drastic' Dave Lewis plans major job cuts to turn the struggling drinks-maker around.

Segro throws in the towel as it backs US predator's £14bn offer

Today

The board of Segro last night dropped its opposition to a US takeover as it backed an offer worth more than £14bn.

Evri lost my Christmas present parcel worth £500 and it still hasn't located it: CRANE ON THE CASE

Today

In December, I sent a parcel containing make-up and other items for two teenagers I know. I then received a text saying the driver couldn't find the address.

Revealed: The savers whose Universal Credit is wrongly slashed when they pay into a pension

Yesterday

People who made payments into private pensions have seen their Universal Credit payments slashed due to blunders by Government workers in a string of cases

Ex-Lloyd's of London boss covered up 'close' relationship with female PR executive

Yesterday

The insurance market said John Neal broke the rules by failing to disclose the nature of his friendship with ex-corporate affairs director Rebekah Clement.

Burnham's VAT cut on electricity bills will make EV ownership even less appealing for millions of drivers who don't have driveways

Yesterday

In his first act as PM, Andy Burnham announced he will slash VAT on domestic electricity bills from October. But the move will extend the driveway charging cost divide for EV owners.

Nein! Allies slam door on Germany joining Tempest fighter jet programme

Yesterday

he boss of Italian defence giant Leonardo has slammed the door shut on the possibility of Germany and France joining the Tempest fighter jet programme.

House prices rise in May... but not in London where properties in one borough have nosedived 28% in a year

Yesterday

Property prices in central London are falling dramatically, according to the latest figures from the Office for National Statistics.

The speed awareness course lottery: How some drivers are being charged 20% more than others

Yesterday

A record 1.85 million motorists took a National Speed Awareness Course last year - up 12% on 2024 and 70% over five years.

Mulberry boss calls on Andy Burnham to scrap tourist tax to boost jobs

Yesterday

The boss of Mulberry said restoring a VAT-free shopping scheme should be 'high on the agenda' for the new Prime Minister, as it will help boost jobs in the fashion sector across the country.

Defence stocks boom on hopes of increased military spending under new Chancellor John Healey

Yesterday

Healey, pictured, has been handed control of Britain's finances little over a month after quitting as defence secretary in a row over funding.

Wetherspoon issues fourth profit warning this year as it battles rising costs

Yesterday

Wetherspoon prides itself on offering customers reasonable prices, but is coming under pressure amid higher business rates, energy bills and labour costs.

Back us, or jobs go abroad: Rolls-Royce pushes Burnham to support jet engine project

Yesterday

Rolls-Royce chief exec Tufan Erginbilgic said talks with the Government were progressing but urged ministers to get on with making a decision.

RACHEL RICKARD STRAUS: One step Burnham could take to make us all richer - without costing a penny

Yesterday

I'm not going to turn my nose up at 5% off my electricity bill from October, announced by Andy Burnham yesterday. But for most families, it will barely touch the sides...

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