A Spanish hotel chain is to cease all operations in Cuba at the end of the week due to “major difficulties” in doing business on the island under growing pressure from Washington.
To fill this gap it borrows money, but that has to be paid back - with interest.
According to the July 2026 bank lending survey (BLS), euro area banks reported a moderate net tightening of credit standards – banks’ internal guidelines or loan approval criteria – for loans or credit lines to enterpri…
Electricity bills will be reduced by an average of £45 from October, after Andy Burnham announced the government would remove VAT from them.
The UK government borrowed slightly less than expected in June, according to official figures published as new prime minister Andy Burnham began setting out measures to cut living costs for households.
The group of investors pursuing a rescue bid for Thames Water have offered the government a “golden share” in a last-ditch attempt to convince Andy Burnham not to nationalise Britain’s biggest water company.
British flying taxi startup Vertical Aerospace has said the UK government has expressed interest in buying a military variant of its aircraft as it races to gain approval for flights with paying passengers.
The boss of JP Morgan, Jamie Dimon, has warned Andy Burnham against raising tax charges on banks, suggesting it could threaten plans to build its £3bn headquarters in London and drive investment away from Britain.
Industry says government’s failure to address cooling demands means AI growth plans are ‘fatally flawed’
Employers cut the number of job vacancies in May, according to official figures that highlight the UK’s “fragile” economic outlook amid the conflict in the Middle East.
Turmoil likely as Trump officials say Canada unfairly discriminated against US autos, alcohol and dairy products
Burnham’s team were clear they want an experienced figure to deliver his vision for UK economy - combining fiscal responsibility with focus on re-industrialisation, devolution, cost of living crisis and driving growth.
A federal judge on Monday ordered Paramount and Warner Bros Discovery to halt their $81bn merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court.
Bus drivers in the West Midlands have spoken out about the “horrendous” working conditions they have experienced during heatwaves, which led to 40C temperatures in their cabs.
In his first speech as prime minister, Andy Burnham has promised to give people more "breathing space" to help with the cost of living.
European gas prices have hit a four-month high as the escalation of the conflict in the Middle East raises fears of supply shortages this winter.
Amazon’s founder, Jeff Bezos, and the UK government have invested in a £2bn British artificial intelligence startup that is aiming to become the “search engine for rare materials” that accelerates the next wave of techn…
On 1 June 2026, Prosper Capital LLP (Prosper) went into creditors’ voluntary liquidation. Jeremy Karr and Simon Killick of BTG Begbies Traynor (Central) LLP were appointed as joint liquidators.
AliExpress, the Chinese online retail platform, has been fined a record €550m (£470m) by the EU over its failure to stop illegal goods including harmful clothing, cosmetics and kitchen gadgets being sold through its sit…
Diana Sach once employed more than 30 people and catered for hundreds more every day from her Latin American restaurant and delicatessen, famous for its Peruvian empanadas, in south London’s Elephant and Castle district.
Airline says it has been in touch with family of man nearly sucked out mid-flight and reports strong summer bookings after profits slump
The Prudential Regulation Authority (PRA) has imposed a financial penalty of £4,165,000 on HDI Global SE in connection with the submission of incorrect data to the PRA.
Retired civil servants have been failed by the decision to outsource their pension scheme, the government has admitted, and the maladministration meant some were left waiting up to a year for payments.
The bosses of Britain’s largest listed companies received record pay last year, fuelling the widest earnings gap with workers in eight years.