Business news

Most water firms to return millions to customers through lower bills

Water watchdog Ofwat has confirmed the amount that customers will see knocked off their bills over 2024 and 2025.

Wages outstrip inflation at the fastest pace for two years – ONS

The Office for National Statistics said regular wages rose 1% after taking Consumer Prices Index inflation into account.

London markets open week higher as finance and oil firms strengthen

The FTSE 100 moved 0.89%, or 65.28 points, higher to finish at 7,425.83.

Revolut hikes fees and widens access to apps from ClassPass to Tinde...

The financial platform said it is the first time it has changed the prices of some plans since launching in the UK five years ago.

New rules to kick ‘zombie’ solar farms off grid queue

Energy regulator Ofgem said that projects would have to meet key milestones to keep their spot on the queue for grid connections.

One in 10 parents and carers running out of money before end of mont...

Some 82% of parents and carers said they were either ‘very’ or ‘quite’ concerned about the impact of cost-of-living rises over the next 12 months.

Cost-of-living payments not enough to meet scale of the problem, say...

The Work and Pensions Committee called for more account to be taken of the financial difficulties faced by people with disabilities and families.

Coffee chains’ ‘shake and cake’ can contain 39 teaspoons of sugar –...

Action on Sugar is urging the Government to extend levies to encourage manufacturers to reduce excessive levels of sugar in their products.

Shop workers suffering daily abuse and fear for safety, retail chari...

Two in five workers are shouted at, spat on, threatened with violence or hit every week, according to the Retail Trust.

Britain’s house price hotspots that are bucking the market cooldown...

Some locations highlighted in the research released by Halifax have rural surroundings and incorporate areas of outstanding natural beauty.

Dried-up deals market leaves Takeover Panel with its first deficit i...

The acquisitions regulator said there had been no deals in the UK valued at more than £1 billion in the second half of its financial year.

Scottish local authority sees house prices rise more than 10% over 1...

Moray is one of 10 Scottish local authorities where property prices increased over the last year.

BAE Systems on track for earnings hike as global conflicts boost ord...

The group has booked around £10 billion of orders since the end of June, taking its total for the year so far to more than £30 billion.

British Land says property values slide further on higher borrowing...

The firm’s pre-tax loss more than doubled from £20 million to £49 million in the six months to the end of September.

Third of service workers consider quitting because of abusive custom...

An open letter to the policing minister signed by more than 55 leading businesses has called for better recording and reporting of crime statistics.

Asda owner EG Group to acquire Tesla’s ultra-fast chargers

EG said the chargers will be branded evpoint and will be available to all electric vehicle drivers.

EG Group to acquire Tesla’s ultra-fast chargers

EG said the chargers will be branded evpoint and will be available to all electric vehicle drivers.

Heathrow becomes world’s fourth busiest airport after bumper October

Some 7.0 million passengers travelled through the west London airport last month.

Royal Mail fined £5.6m for ‘significant’ delivery target failures

Ofcom said that, even after taking circumstances into account, Royal Mail fell short of its targets by a ‘significant and unexplained margin’.

UK gaming trade body names former library association boss as chief...

Nick Poole, the former chief executive of library trade body Cilip, will take over at Ukie.