Business and Economics
Business and Economics News
UK faces £100 billion black hole in public finances over next five years – Reeves
The upcoming budget will be presented as a longer-term down payment on “fixing the foundations” of the country.
Labour’s bid to build 1.5 million new homes gets underway
Funding to build homes on abandoned brownfield land has been allocated alongside £550 million of private investment.
Labour secures £63 billion and nearly 38,000 jobs for the UK at investment summit
Number 10 says "serious, stable governance" is attracting new investment and delivering economic growth.
Labour announces £1.1billion London Stansted expansion
The investment will create 5,000 jobs and allow the Essex airport to add 200 flights a day.
TGI Friday’s staff make their thoughts clear after being laid off by conference call without wages, holiday pay or tips
Workers were told they had been made redundant via a video call from head office with one hour’s notice.
A reminder that Taylor Swift boosted UK spending by £1 billion this year
The non-story surrounding the singer's police escort continues to rumble on.
All tips must go to the staff from today
The new law is expected to mean a further £200 million will be received by workers rather than their employers.
Britain’s last coal power station closes down marking the end of an era
For the first time since electricity became widespread, the UK’s power grid will be completely coal free.
OECD tells Reeves: Stop focussing on the debt
The body has urged Labour to focus on addressing years of under-investment rather than fixating on its fiscal rules.