The cost of UK government borrowing climbed to its highest level in nearly two decades on Tuesday, as mounting speculation over the future of Prime Minister Sir Keir Starmer collided with fresh inflation fears stoked…
Business
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Business
Poultry powerhouse 2Sisters lifts supermarket prices by £70m to absorb Labour’s National Insurance shock
Britain’s largest poultry processor has handed supermarkets a £70m bill for the Chancellor’s tax-and-wage squeeze, in one of the clearest signals yet that Labour’s labour-cost reforms are working their way through the nation’s grocery aisles.…
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Mike Ashley’s retail empire has scored a notable courtroom victory after the Court of Appeal threw out a substantial damages award handed down in a protracted trademark infringement dispute, sparing the FTSE-listed group what could…
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Britain’s labour market is bracing for its sharpest contraction in years, with more than 160,000 roles forecast to vanish over the course of 2026 as anaemic growth and stubbornly high energy bills combine to squeeze…
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The share of new-build homes snapped up “off plan” before a single brick is laid has tumbled to its lowest level in more than a decade, in a fresh blow to the government’s ambition of…
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Many employers assume that withdrawing a job offer before someone starts work is a low-risk decision. A recent Employment Appeal Tribunal ruling suggests otherwise. It held that the withdrawal of a conditional job offer amounted…
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Business
Used electric car sales accelerate to record quarter as motorists seek shelter from forecourt pain
Britain’s second-hand electric vehicle market has shifted into a higher gear, with sales of used battery-electric cars climbing to a record high in the opening quarter of the year as buyers wrestling with stubbornly high…
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Britain’s best-loved purveyor of sausage rolls is finally packing its bags for the Costas. Greggs, the Newcastle-headquartered bakery giant, has confirmed it will open its first shop outside the United Kingdom at Tenerife South Airport…
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Roughly 600 staff at OpenAI have walked away with an average of $11 million (£8 million) apiece after cashing out a combined $6.6 billion (£4.8 billion) in shares, in one of the largest single transfers…
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Business
Eon swallows Ovo in £600m deal that crowns Germany’s biggest energy giant as Britain’s largest supplier
The German utility giant Eon has agreed to buy the retail arm of Ovo Energy in a transaction that will create Britain’s largest household energy supplier and end the 17-year run of one of the…