Business and Economics
Business and Economics News
Labour signals closer UK-EU trade ties
Sir Keir Starmer’s party is focusing on the economy this week as it rides high in the polls.
Sunak in the spotlight amid accusations that he profited from the financial crash
The PM is believed to have profited to the tune of £5 million as partner in a hedge fund at the heart of the 2008 RBS crash.
Deliveroo drivers protest over ‘soul-destroying’ working conditions outside AGM
Drivers called for better pay outside the annual general meeting in central London on Thursday.
Severn Trent hikes dividend despite rising sewage spills and increasing bills
Severn Trent was responsible for more than 60,000 sewage spills last year, up about a third on 2022.
P&O Ferries boss admits paying workers £4.87 per hour
Peter Hebblethwaite also admitted earning £508,000 last year including bonuses.
Rachel Reeves accuses Government of ‘gaslighting’ voters over economy
The shadow chancellor is set to draw battle lines over the economy ahead of the election.
Coutts prepares to de-bank Britain
"This is a large transfer of assets from the UK to global funds, which reinforces the inexorable trend of outflows from the UK."
UK manufacturing sector shrinks again as firms impacted by shipment delays
The influential S&P Global/CIPS UK manufacturing PMI survey dropped to 49.1 in April, having hit a 20-month high of 50.3 in the previous month.
New stats show why Britain has a major wealth problem
Between 2000 and 2019, dividend payments grew 5.5 times faster than employee compensation on average each year.