Finance news

• Thames Water owners pile group with debt

  01-12-2023 18:44 via ft.com
  Shareholders structured a £500mn cash injection as a loan charging 8% interest
  
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• Alistair Darling, UK chancellor, 1953-2023

  30-11-2023 19:35 via ft.com
  Treasury chief who played a central role in forging the global response to the financial crisis
  
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• Nurses from ‘red list’ nations boost NHS register

  30-11-2023 01:01 via ft.com
  Health professionals warn about over-reliance on ‘unethical’ hiring from overseas
  
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• UK business closures overtake openings as high borrowing costs bite

  29-11-2023 05:00 via ft.com
  Official data shows fall in start-up numbers in 2022, pointing to lower dynamism in economy
  
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• Britain must look abroad to reform its pensions

  28-11-2023 06:00 via ft.com
  Canada, Australia and Denmark are success stories to learn from
  
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• Save money on bills with 'an important home upgrade' recommended by a heating expert

  27-11-2023 21:30 via express.co.uk
  A construction expert has suggested an important home upgrade that would lead homeowners to big savings on bills for years to come.
  
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• FirstGroup says Labour poses ‘risk’ to rail business

  27-11-2023 06:00 via ft.com
  Chief warns opposition party’s plan to renationalise railways is potential threat to bus and train operator
  
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• Sunak’s private funding plan for HS2 tunnel set to fail, warns adviser

  26-11-2023 06:00 via ft.com
  Chair of National Infrastructure Commission says government will have to pay for tunnel under London
  
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• NS&I responds to confusion over what time of the month is best to buy Premium Bonds

  25-11-2023 08:00 via express.co.uk
  The person wanted to know if it would affect when the Bonds would be put into the first prize draw.
  
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• Slaying the worklessness monster is a thankless but crucial task

  24-11-2023 21:00 via ft.com
  While Labour should be grateful that Jeremy Hunt has done some of the heavy lifting, this is a broader issue for UK society
  
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• Nissan to lead £2bn electric-car investment in Sunderland plant

  24-11-2023 12:29 via ft.com
  Deal would turn facility into all-EV factory as Japanese group transitions models to green energy
  
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• UK business activity grows marginally in November

  23-11-2023 13:29 via ft.com
  Better than expected PMI data raises hopes that economy will avoid stagnation in final quarter
  
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• Hunt cuts national insurance by 2 percentage points

  22-11-2023 15:44 via ft.com
  Tax burden still rising to a postwar record despite £20bn Autumn Statement measures
  
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• BoE governor warns markets not to expect UK inflation to fall quickly

  21-11-2023 17:54 via ft.com
  Andrew Bailey says investors are underestimating the ‘potential persistence’ of price growth
  
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• Sunak says lower inflation has opened way to UK tax cuts

  20-11-2023 18:39 via ft.com
  In run-up to Autumn statement, prime minister sets battle lines for coming general election
  
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• Improved UK fiscal position gives Jeremy Hunt room for Autumn Statement giveaways

  19-11-2023 20:47 via ft.com
  Spring Budget tax cuts could be hurried forward as chancellor seeks to appease Tory MPs fearful of 2024 election defeat
  
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• POLL: Should Jeremy Hunt protect the triple lock on pensions in his Autumn Statement?

  19-11-2023 11:28 via express.co.uk
  Jeremy Hunt is preparing for the Autumn Statement next week, but should he commit to protecting the State Pension Triple Lock? Vote below.
  
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• Jeremy Hunt warns the UK faces ‘difficult decisions’ over welfare spending

  18-11-2023 18:55 via ft.com
  Chancellor is seeking to make room in the country’s finances for tax cuts, he said on Saturday
  
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• Investment arm of UK international development to focus on poorest countries

  17-11-2023 23:00 via ft.com
  Targeting half of BII’s budget on fragile states will lead to a ‘big change’ in how money is distributed, says minister Andrew Mitchell
  
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• UK ministers’ pledge to build 40 new hospitals by 2030 at severe risk, MPs warn

  17-11-2023 01:01 via ft.com
  Public accounts committee cites ‘extreme concerns’ over scheme beset by spiralling costs and inflation
  
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• State pension and benefit fraud warning as cases will be reviewed next year

  16-11-2023 16:54 via express.co.uk
  Officials are to review a sample of claims for issues such as falsifying documents or faking an illness or injury.
  
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• UK government to increase offshore wind subsidies by 66%

  16-11-2023 01:03 via ft.com
  Decision comes after developers shunned last auction as a result of ‘global challenges’ hitting the sector
  
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• What is the point of green mortgages?

  15-11-2023 06:00 via ft.com
  The impact of these loans is underwhelming
  
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• UK wage growth eases to 7.7% in third quarter

  14-11-2023 09:22 via ft.com
  Labour market softens as high interest rates weigh on economic activity, ONS data shows
  
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• The Bank of England can’t afford to sound soft on sterling

  13-11-2023 07:00 via ft.com
  The pound still looks vulnerable
  
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• UK statistics agency to offer bigger cash rewards to tackle data flaws

  12-11-2023 06:00 via ft.com
  ONS moves to increase response rate and improve reliability after series of embarrassing revisions
  
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• Housing market downturn pushes UK estate agents to consolidate

  11-11-2023 14:00 via ft.com
  Shrinking market offers opportunities for larger players looking to move into lettings
  
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• Treasury ministers boost hopes for business tax cuts at Autumn Statement

  10-11-2023 22:00 via ft.com
  Comments from Jeremy Hunt and his deputy come as data shows the UK economy flatlined in the third quarter
  
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• Stagnation nation: UK economy flatlines

  10-11-2023 19:15 via ft.com
  Also in this newsletter: ECB not ready to cut rates, ransomware attacks, science round-up
  
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• Full list of energy providers helping customers slash bills through DFS scheme

  10-11-2023 16:40 via express.co.uk
  
  Britons can earn rewards this winter by cutting energy usage during peak times, but only some providers are offering the scheme.
  
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• Babcock wins £750mn UK submarine maintenance contract

  10-11-2023 16:17 via ft.com
  Defence company to upgrade infrastructure at the Devonport naval base
  
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• Lloyds Bank issues urgent warning to customers as victims lose £11,000 in growing scam

  10-11-2023 12:05 via express.co.uk
  
  There are a growing number of Britons being defrauded by a wave of fake adverts posted on social media, according to a new warning issued by Lloyds Bank.
  
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• British Gas scheme to hand out £250 free credit to help pay energy bills extended

  10-11-2023 11:58 via express.co.uk
  
  The £250 credit is non-repayable with the scheme continuing throughout the winter months.
  
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• 'Depressing' GDP stagnation sparks warning to Tories to cut taxes or lose election

  10-11-2023 11:46 via express.co.uk
  
  EXCLUSIVE: Jeremy Hunt - who is set to deliver his Autumn Statement in days - has been urged to bring in more "growth-friendly" policies.
  
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• NatWest scraps £7.6m of Dame Alison Rose's £10m payout over Nigel Farage debanking

  10-11-2023 11:08 via express.co.uk
  
  The former NatWest chief executive will lose out on her payout following her exit.
  
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• 'I was locked out of my NS&I accounts due to a two-step verification error'

  10-11-2023 10:16 via express.co.uk
  
  The customer contacted the NS&I helpline but was still unable to access their account.
  
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• From pensions to gift rules - your top 8 inheritance tax questions answered

  10-11-2023 09:08 via express.co.uk
  
  ‌From pensions and gifts to businesses, an accountancy firm has answered the most pressing inheritance tax questions as frozen thresholds pull more families into the net.
  
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• Stagnation chokes UK economy as Britain records zero growth in latest quarter

  10-11-2023 08:48 via express.co.uk
  
  Services dropped slightly with falls in health, management consultancy and commercial property rentals.
  
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• UK economy stagnates as high borrowing costs hit activity

  10-11-2023 08:17 via ft.com
  GDP flat in the third quarter after growth in the second
  
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• When the Bank of Mum and Dad should think twice

  10-11-2023 06:00 via ft.com
  Parents should finance property and pocket money, not corporate cash
  
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• UK’s flagship vocational qualification failing to attract students

  10-11-2023 05:00 via ft.com
  Association of Colleges survey finds fewer than expected numbers signing up for T-levels
  
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• UK government failing to track social care plans, spending watchdog finds

  10-11-2023 01:08 via ft.com
  NAO says just £729mn from original £1.7bn budget may now be spent between 2022 and 2025
  
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• New Lord Mayor of London vows to reach out to Europe 

  10-11-2023 01:01 via ft.com
  City has focused too much on marketing itself as financial services hub, says 695th head of Square Mile’s local government
  
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• Kemi Badenoch’s booster strategy fails to cover the cost of Brexit on UK trade

  09-11-2023 18:01 via ft.com
  Also in this newsletter: how subsidies are undermining the EU single market
  
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• To fix towns, politicians must not forget about cities

  09-11-2023 17:43 via ft.com
  Labour and the Conservatives plan to improve the lives of swing voters in neglected areas — but regional policy would be better
  
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• UK productivity almost flat since the financial crisis

  09-11-2023 16:16 via ft.com
  Efficiency rises just 1.7% over 16 years, a trend described as ‘alarming’ by experts
  
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• National Living Wage explained: Why two million workers will get £1,000 pay rise

  09-11-2023 15:10 via express.co.uk
  
  The Government has announced a rise in the National Living Wage meaning millions of workers are set to benefit from a cash boost.
  
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• Price drops at UK petrol pumps not keeping pace with wholesale costs

  09-11-2023 14:44 via ft.com
  Competition and Markets Authority says ‘drivers are feeling the pain again’
  
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• NHS waiting times hit new record high in England

  09-11-2023 14:22 via ft.com
  Figures undermine prime minister’s pledge to slash delays for treatment in the health service
  
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• Can UK chancellor deliver on his Mansion House pension reforms?

  09-11-2023 13:01 via ft.com
  Absence from King’s Speech has raised doubts about Jeremy Hunt’s plans to boost returns for savers and increase investment in businesses
  
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