Rolling coverage of the latest economic and financial news, including the first cut in UK interest rates since 2020Bank of England cuts interest rates to 5% in first reduction since March 2020The pound is weakening as traders...
Read MoreCable agrees with characterisation of leadership at state-owned body when he was business secretary from 2010-15 in testimony to hearings on Horizon IT scandalGreg Clark, the business secretary from 2016 to 2019, has begun to...
Read MoreCable agrees with characterisation of leadership at state-owned body when he was business secretary from 2010-15 in testimony to hearings on Horizon IT scandalCable has said that not one of a group of 140 MPs campaigning on...
Read MoreCable was business secretary from 2010-15 when the government privatised the Post OfficeVince Cable has said that issues relating to the Horizon IT system were barely raised with him in the five years he was in post as business...
Read MoreGroups issue call to next government amid criticism of online fashion retailer’s labour practices and accusations of copyingWorkers rights campaigners have called for the UK’s next government to oppose the online...
Read MoreUK’s blue-chip index rises to 8,076, surpassing previous high of 8,047 in February 2023Business live – latest updatesThe UK stock market hit a record high on Tuesday, as shares were lifted by hopes of interest rate...
Read MoreRolling coverage of the latest economic and financial news, as UK private sector output rises at fastest pace for nine monthsUK retail sales dampened as shoppers stay home in wet weatherWhat are the UK’s ‘fiscal...
Read MoreAround 500 employees of OpenAI have signed a letter saying they may quit and join Sam Altman at Microsoft, unless he is reappointed and the board resignsFull story: Microsoft hires former OpenAI CEO Sam AltmanFull story: Sunak...
Read MoreRolling coverage of the latest economic and financial news, as total pay jumps by 8.5% in the last year – ahead of inflationThe Institute of Directors are urging the Bank of England to stop raising interest rates, saying...
Read MoreAdministrators at PwC have revealed which 52 Wilko outlets will shut next weekMore than 1,300 jobs to go as 52 Wilko stores shut downUK workers will be worse off in 2024 than in 2019, thinktank warnsNewsflash: British...
Read MoreUK mortgage approvals rise to eight-month high in June, while eurozone GDP rises after narrowly avoiding winter recessionUK retail financial services set for biggest overhaul in 20 yearsNewsflash: UK mortgage approvals rose...
Read MoreBritish Gas reports record £969m profit, while Shell sets aside another $3bn for shareholder buybacks despite fall in profitsThursday briefing: What the Coutts/Farage row reveals about banking in BritainShell actually paid...
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Mark Rowley says ‘cumulative effect of decisions over the
Exclusive: former Brexit negotiator seen as probable favourite to
After Donald Trump has announced his new defence secretary
Human Rights Watch says it has evidence that suggests
Party has won 218 seats in lower chamber after
Rise would be almost three times above current levels
5% rise would be almost three times above current
Scientists say increase from 1990 to 2022 was largest
Chancellor to tell City leaders of Canada-style plan to
Labour peer called Donald Trump a ‘bully’ in 2018