Finance

Richard Branson’s train company is a step closer to challenging Eurostar’s monopoly on transporting passengers across the Channel after the UK rail regulator approved Virgin Train’s application to use a key depot in east London.

Brexit is partly responsible for high inflation in the UK, according to Rachel Reeves, as she advocated for rebuilding ties with the EU.

Amazon is planning to cut as many as 30,000 corporate jobs beginning Tuesday, as the company works to reduce expenses and address overhiring during the peak demand of the pandemic, according to three people familiar with the matter.

If you’ve been walking along UK high streets recently, you probably have noticed a wave of shop closures and empty units.

Crime costs Britain £33 billion a year in treatment for victims, damaged or lost property, and preventative measures, according to analysis by the Tories.

London’s famous distilleries have warned they are being “crushed” by Government tax hikes.

Rachel Reeves is reportedly preparing to launch a £2 billion tax raid on high-earning lawyers, family doctors, and accountants.

The company behind Revolution bars has put itself up for potential sale in light of declining sales over the past three months.

Britain’s largest weapons manufacturer, BAE Systems, has quietly ceased support for a fleet of aircraft delivering "life-saving" humanitarian aid to some of the world’s poorest countries.

Rachel Reeves is considering raising income tax in the Budget despite Labour’s manifesto pledge to leave it untouched, reports claim.

Amazon intends to shut down all of its Amazon Fresh stores in the United Kingdom to concentrate on online grocery services.

The Scottish Government is urging the UK Government to cover the £26 million cost of Donald Trump and JD Vance’s recent visits to Scotland, stating it has so far declined.

The cyberattack on Jaguar Land Rover (JLR) is estimated to have been the most economically damaging hack in UK history and cost the country around £1.9 billion, according to a new report.

Labour has been urged to break a manifesto pledge to scrap youth rates of the minimum wage amid a dramatic rise in the number of young people out of work and education.

Numerous Pizza Hut restaurants in the UK might close, and hundreds of jobs are at risk after the dine-in aspect of its business fell into administration.

The discount retailer B&M has replaced its finance chief following a £7m accounting mistake that will reduce its annual earnings – marking its second profit warning within two weeks.

The UK’s housing market is showing signs of slowing down amid speculation that Rachel Reeves could announce tax increases on property in next month’s budget.

Plumbers, electricians, and welders will be in high demand as part of a national plan to train individuals for an additional 400,000 green jobs over the next five years, Ed Miliband has said.

Rachel Reeves has been cautioned that imposing further tax hikes on employers in next month’s Budget would batter the jobs market, with confidence already "in free fall".

The NHS’s total liabilities for medical negligence have hit £60 billion, the National Audit Office (NAO) has said.

The country’s largest road construction project - costing £1m a day at its peak - has passed its halfway point.

Transport for London (TfL) put a revised offer to the capital’s four Tube unions on Monday in an effort to head off more strikes.

Credit Suisse has lost a 440 million US dollar (£325 million) High Court claim against Japan’s SoftBank Group over a restructuring agreement involving Lex Greensill’s collapsed firm.