Every Business story on Britain Daily — original, clear, and free.
John Healey's Budget on 28 October will hand the National Wealth Fund £15.4bn and the British Business Bank £5bn extra capital, the FT reports — supporting 100,000 jobs by 2035 in AI, defence and green energy. Here's what it means.
The UK Supreme Court has refused Tesco permission to appeal a key equal pay ruling — a decision dated 29 September that hit the headlines this week. It does not settle the pay claim, but it removes a major obstacle for 16,000 shop workers.
Storm Austen is hitting Britain right now — and thousands of homes are already in the dark. If your power goes out, you could be owed £90 or more from your network operator. Here's exactly how the rules work, what to claim, and the deadlines nobody tells you about.
The FCA and the Bank of England want to scrap annual vetting for 139,000 finance staff and end pre-approval for a swathe of senior banking roles — saving firms £2bn over ten years in the biggest shake-up of the Senior Managers Regime since 2008.
Chancellor John Healey has promised to cut £800 million of "pointless paperwork" for businesses — streamlined reporting, easier property deals and extended tariff suspensions — days before his first Budget. Here's the full breakdown and what firms want next.
Brent crude has surged to $114.47 a barrel — its highest since May — as Houthi attacks on Saudi Arabia and a Libyan pipeline shutdown rattle markets. FTSE 100 falls, petrol prices under pressure, and the November rate hike looks locked in.
Inflation hit 3.5% and markets now price a 98.8% chance the Bank of England raises rates to 4% on 5 November. Here's what it means for mortgages, trackers and savers — and what to do before the decision.
The FCA has closed its two-year Home REIT investigation with no action, sending the social housing firm's shares up 8.5% — but the Serious Fraud Office's £300 million criminal probe continues.
Barclays will cut 5,000 jobs — 5% of staff — blaming AI efficiency. Q3 profit rose to £2.3bn but missed forecasts as bond trading fell 19%. What it really means.