ICELAND’S boss has said “food is too cheap” despite three years of rising prices during the cost-of-living crisis. Richard Walker said the relaunch of its interest-free loans for customers to spend…
DIRECT LINE has accepted a £3.6billion takeover offer from rival Aviva in a move that will create a home and car insurance giant. Aviva sweetened its bid to 275p-a-share yesterday after two previou…
FEWER than 140 days ago, Rachel Reeves and Sir Keir Starmer were handed the keys to the UK economy. They promised a smooth journey to prosperity for fed-up families and business leaders left …
FORD announced plans yesterday to axe 800 British jobs — just minutes before sending one of its bosses to crisis talks with the Government over electric car targets. The car giant blamed weaker dem…
THE BANK OF ENGLAND governor yesterday said the Budget risked job losses and interest rates staying higher for longer. Andrew Bailey told MPs the Bank would take a “gradual” approach to further int…
MORE than £49billion has been raised for good causes by the National Lottery — and its new owners are setting their sights on raising even more cash. In February, after a lengthy regulatory process…
FIRMS big and small have slammed the Chancellor for saddling them with extra costs in her Budget. They say Rachel Reeves’ hike in taxes, despite a vow to be “pro-business”, contradicts her growth a…
FUTURE growth has been weakened by the Chancellor’s £40billion tax raid, while mortgage rates and inflation will be higher, the spending watchdog says. Rachel Reeves’ claim that Labour was on a “mi…
A £250MILLION fund set up to boost women in business and backed by the Chancellor Rachel Reeves has been snubbed by City institutions. Only Barclays, asset manager M&G, bank Morgan Stanley, Vis…
BRITISH health tech firm Zoe, championed by celebrities including Davina McCall, has launched a second round of layoffs in six months. Last year Zoe was deemed one of the fastest-growing firms in t…
THE Chancellor last night tried to reassure tax-raid stressed entrepreneurs by telling them: “You’ve got a friend in me.” Rachel Reeves turned on the charm at a summit that called for greater inves…