Business news

Zahawi not planning to resign over tax case as Sunak comes under pre...

The Conservative Party chairman and former chancellor paid a penalty to resolve a tax dispute with HMRC.

Coal plants ordered to start warming up to supply electricity as col...

National Grid ESO said it had given the instructions in light of forecasts showing electricity supply margins may be tighter than normal on Monday.

Big decisions needed on green growth as UK lags behind rivals – CBI...

Tony Danker will urge the Government not to shy away from hard decisions.

Zahawi: Millionaire former chancellor in hot water over tax affairs

From child refugee to entrepreneur and Cabinet minister, Mr Zahawi has a compelling backstory.

Reeves vows Labour would ‘drain the swamp’ amid Tory scandals

The shadow chancellor accused the Government of sleaze over Nadhim Zahawi’s tax affairs and reports of Boris Johnson’s loan.

Zahawi will survive beyond PMQs and tax matters are ‘private’, insis...

The Conservative Party chairman has admitted paying a settlement to HM Revenue & Customs following a tax error related to a shareholding in YouGov.

Recession to be worse than previously thought, experts say

EY said that while the recession might cut deeper than it thought earlier, it will not necessarily last longer than the previous forecast.

Nadhim Zahawi under pressure after admitting ‘careless’ tax error

The Tory chairman is facing questions about whether he settled a tax dispute with HMRC while he was serving as chancellor.

Zahawi admits he paid settlement after HMRC disagreed with allocatio...

The Tory party chairman insisted his tax error was ‘careless and not deliberate’.

Nadhim Zahawi admits paying settlement to HMRC after ‘careless’ tax...

Labour questioned the Tory party chairman’s claim that failing to pay millions of pounds worth of tax could be a simple matter of ‘carelessness’.

Labour would extend windfall tax to prevent rising bills in April –...

The shadow chancellor accused the Government of ‘walking into crisis to crisis unprepared’ as she set out her party’s plans.

Nadhim Zahawi’s position ‘untenable’ after tax penalty reports, says...

Reports suggest the Conservative Party chairman has paid seven-figure sum to settle a tax dispute with HMRC.

Senior Tories push for tougher laws on fraud and money laundering

Proposed changes from a former justice secretary could see senior executives jailed for up to seven years if they fail to prevent economic crime.

Retail stocks help FTSE climb despite downbeat sector data

The FTSE 100 finished the day up 23.3 points, or 0.3%, at 7,770.59

Tougher windfall tax would protect families from rising bills in Apr...

Rachel Reeves will warn that millions are under threat from rising bills come April, when Government support becomes less generous.

Johnnie Walker owner Diageo to reveal sales slowdown

The group, which also makes Guinness, reveals its half-year update to shareholders on Thursday January 26.

Mark Harper: There is no ‘bottomless pit’ of money to improve RMT of...

The Rail Delivery Group (RDG), representing train operators, has described its proposal to the RMT as its ‘best and final offer’.

Treasury ‘considering plans to inject £300m into struggling British...

The firm’s Chinese owner would have to invest another £1 billion by 2030 under the deal, according to a source.

Tory chairman Nadhim Zahawi ‘paid penalty in seven-figure HMRC settl...

Fresh questions swirled around the former chancellor after the Guardian reported he paid a 30% penalty.

Treasury close to £300m rescue deal for British Steel – reports

The funding for the struggling steel company would be conditional on investment from its Chinese owner and a guarantee on jobs.