Britain to 'flirt with recession' in summer amid turmoil over Iran: Doom-laden report predicts economy will flatline for six months
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 09:20 BST, 20 April 2026
A doom-laden report has predicted that the economy...
Britain to 'flirt with recession' in summer amid turmoil over Iran: Doom-laden report predicts economy will flatline for six months
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 09:20 BST, 20 April 2026
A doom-laden report has predicted that the economy...
Britain at breaking point over Chancellor's tax attack, top finance chiefs warn
By ALEX BRUMMER, CITY EDITOR
Updated: 10:53 BST, 19 April 2026
Finance officials in Washington are warning that Britain may be close to 'peak taxation' and that any...
'They're not listening': Pub boss blasts Labour over tax hikes and warns business was facing soaring costs BEFORE Iran war
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 14:54 BST, 17 April 2026
The boss of a major British pub group and brewer blasted...
BP chairman in fight for survival as revolt grows over green retreat and refocus on oil and gas
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 22:00 BST, 9 April 2026
BP shareholders have been urged to oust its chairman after just six months in the job as...
Britain at breaking point over Chancellor's tax attack, top finance chiefs warn
By ALEX BRUMMER, CITY EDITOR
Updated: 21:51 BST, 18 April 2026
Finance officials in Washington are warning that Britain may be close to 'peak taxation' and that any...
'They're not listening': Pub boss blasts Labour over tax hikes and warns business was facing soaring costs BEFORE Iran war
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 12:21 BST, 17 April 2026
The boss of a major British pub group and brewer blasted...
HMRC issues urgent warning to pensioners over winter fuel payment scam
By JAMIE BOYS, REPORTER
Updated: 13:11 BST, 14 April 2026
HM Revenue & Customs has urged pensioners to be aware of winter fuel payment scams, as it moves to claw back the heating...
HMRC issues urgent warning to pensioners over winter fuel payment scam
By JAMIE BOYS, REPORTER
Updated: 13:11 BST, 14 April 2026
HM Revenue & Customs has urged pensioners to be aware of winter fuel payment scams, as it moves to claw back the heating...
B&B owners warn Rachel Reeves' 'holiday tax' will be the 'nail in the coffin' for hospitality in Devon and Cornwall Get your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE Are you a concerned B&B owner? Email...
B&B owners warn Rachel Reeves' 'holiday tax' will be the 'nail in the coffin' for hospitality in Devon and Cornwall Get your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE Are you a concerned B&B owner? Email...
Hilton hotels group warns a 'holiday tax' will hit economic growth and jobs for the young
By EMILY HAWKINS
Updated: 12:00 BST, 9 April 2026
The boss of Hilton hotels group has warned Labour's plans for a 'holiday tax' will hit hospitality and tourism -...
IMF set to slash growth forecasts for weak Britain
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 21:50 BST, 12 April 2026
Rachel Reeves is braced for a fresh round of downgrades as the floundering economy is battered by the Iran war.
The International...
IMF set to slash growth forecasts for weak Britain
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 21:50 BST, 12 April 2026
Rachel Reeves is braced for a fresh round of downgrades as the floundering economy is battered by the Iran war.
The International...
WS GUINNESS GLOBAL ENERGY FUND: Oil boost can't go on
By JEFF PRESTRIDGE, MONEY EDITOR AT LARGE
Updated: 22:06 BST, 11 April 2026
Rising fuel prices, triggered by the Middle East conflict, are bad news for households and motorists – but some investors...
Shell cashes in on oil trading but slashes gas production outlook blaming the Middle East conflict
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 12:16 BST, 8 April 2026
Shell said it had seen a boost in oil trading in the first quarter as the...
Rachel Reeves' oil and gas windfall tax is blocking £17.5bn investment in North Sea, firms warn
By GREG HEFFER, POLITICAL CORRESPONDENT
Published: 10:50 BST, 8 April 2026 | Updated: 10:55 BST, 8 April 2026
Rachel Reeves has been accused of blocking...
Rachel Reeves' oil and gas windfall tax is blocking £17.5bn investment in North Sea, firms warn
By GREG HEFFER, POLITICAL CORRESPONDENT
Published: 10:50 BST, 8 April 2026 | Updated: 10:55 BST, 8 April 2026
Rachel Reeves has been accused of blocking...
M&S boss Stuart Machin's work ethic makes him a one-man rebuke to shirkers, says RUTH SUNDERLAND
By RUTH SUNDERLAND
Updated: 10:37 BST, 4 April 2026
Stuart Machin, the chief executive of M&S, isn't putting his feet up this Bank Holiday weekend, but...
Britain's rich spooked by Labour's tax chaos as two-thirds of ultra-wealthy individuals consider moving abroad Get your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE
By ELEANOR MANN, JUNIOR NEWS...
Britain's rich spooked by Labour's tax chaos as two-thirds of ultra-wealthy individuals consider moving abroad Get your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE
By ELEANOR MANN, JUNIOR NEWS...
British Steel 'to be fully nationalised within weeks' despite fury of Chinese owner and fears over huge losses
By DAVID WILCOCK, DEPUTY POLITICAL EDITOR
Published: 10:57 BST, 31 March 2026 | Updated: 11:06 BST, 31 March 2026
Keir Starmer's government...
British Steel 'to be fully nationalised within weeks' despite fury of Chinese owner and fears over huge losses
By DAVID WILCOCK, DEPUTY POLITICAL EDITOR
Published: 10:57 BST, 31 March 2026 | Updated: 11:06 BST, 31 March 2026
Keir Starmer's government...
Asda boss says minimum wage hike to hit jobs for the young
By EMILY HAWKINS
Updated: 21:50 GMT, 27 March 2026
The boss of Asda said hiring young people involves 'more hurdles than the Grand National' as hikes in the minimum wage leave half of firms...
Asda boss says minimum wage hike to hit jobs for the young
By EMILY HAWKINS
Updated: 21:50 GMT, 27 March 2026
The boss of Asda said hiring young people involves 'more hurdles than the Grand National' as hikes in the minimum wage leave half of firms...
'Just not sustainable': Marks & Spencer boss accuses Labour of driving up energy bills
By EMILY HAWKINS
Updated: 15:02 GMT, 26 March 2026
The boss of Marks & Spencer has accused Labour of pushing up energy bills.
Stuart Machin, who runs one of...
'Just not sustainable': Marks & Spencer boss accuses Labour of driving up energy bills
By EMILY HAWKINS
Updated: 15:02 GMT, 26 March 2026
The boss of Marks & Spencer has accused Labour of pushing up energy bills.
Stuart Machin, who runs one of...
Households to be hit at the checkout as food inflation set to more than DOUBLE by June because of Iran war Rising energy prices will filter through to higher food production costs
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 00:01 GMT, 25 March...
FTSE plunges to three-month low and sheds another 200 points as Trump steps up threats to Iran
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 09:37 GMT, 23 March 2026
The FTSE 100 plunged into the red once again this morning to reach a three-month...
FTSE plunges to three-month low and sheds another 200 points as Trump steps up threats to Iran
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 09:37 GMT, 23 March 2026
The FTSE 100 plunged into the red once again this morning to reach a three-month...
The Works closes its online shopping website with immediate effect
By JANE DENTON, MONEY REPORTER
Updated: 20:46 GMT, 20 March 2026
The Works has stopped trading on its website with immediate effect as it doubles down on its bricks-and-mortar...
Treasury DEFENDS inheritance tax raid on family farms and businesses after tractors descend on High Court
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 15:20 GMT, 18 March 2026
The Treasury has defended its devastating inheritance tax raid on farmers and...
Britain's oldest brewer cuts pub opening hours and puts up prices after Labour tax and wage hikes
By EMILY HAWKINS
Updated: 12:23 GMT, 18 March 2026
Shepherd Neame has said it has slashed staff hours and hiked prices as Britain’s oldest brewer is...
Scottish Mortgage asks investors for permission to increase private firm exposure as SpaceX valuation soars Investment trust wants to put £250million more into unlisted companies
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 12:26 GMT, 16 March...
Iran conflict will push unemployment higher and result in 100,000 more Britons out of work within months
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 11:13 GMT, 16 March 2026
The conflict in Iran risks sending the unemployment rate even higher,...
Tractors descend on High Court as it hears Labour's inheritance tax raid on family farms and businesses is 'unlawful'
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 15:59 GMT, 17 March 2026
The Chancellor’s inheritance tax raid on family farms and businesses...
Labour's inheritance tax raid on family farms and businesses is 'unlawful', High Court told
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 11:30 GMT, 17 March 2026
The Chancellor’s inheritance tax raid on family farms and businesses is ‘unlawful’, the High...
By DAVID WILCOCK, DEPUTY POLITICAL EDITOR
Published: 08:44 GMT, 7 December 2025 | Updated: 16:22 GMT, 7 December 2025
Labour has been criticised for trying to use pubs and bars to cut the massive number of young people on benefits at a time when many...
Household sentiment slumps in 'first concrete signs war in Middle East is damaging UK economy'
By HUGO DUNCAN, BUSINESS EDITOR
Updated: 10:25 GMT, 16 March 2026
Morale among British households has tumbled as war in the Middle East fuels fears over...
Iran conflict will push unemployment higher and result in 100,000 more Britons out of work within months
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 11:13 GMT, 16 March 2026
The conflict in Iran risks sending the unemployment rate even higher,...
Housebuilder Berkeley sounds alarm over Iran turmoil
By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR
Updated: 21:51 GMT, 13 March 2026
Berkeley Group has warned that the war in the Middle East could cause a 'further deterioration' in housing market...
High Street bosses warn war in Middle East will hike shop prices after wet February dampened sales
By EMILY HAWKINS
Updated: 07:42 GMT, 10 March 2026
High Street bosses have warned the war in the Middle East threatens to knock Britain’s economic...
Traders bet on UK interest rate rise by Christmas as Middle East conflict sends gilt yields up
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 12:21 GMT, 9 March 2026
Gilt yields soared this morning as fears of rising inflation sent shockwaves...
Nigel Farage takes £215,000 stake in crypto firm run by Tory former Chancellor Kwasi Kwarteng
By HUGO DUNCAN BUSINESS EDITOR
Updated: 10:25 GMT, 9 March 2026
Nigel Farage has taken a stake in cryptocurrency business led by Tory former Chancellor Kwasi...
Britain's oldest wine merchant blasts Labour over inheritance tax raid on family firms
By HUGO DUNCAN BUSINESS EDITOR
Updated: 18:33 GMT, 6 March 2026
The boss of Britain's oldest wine merchant has warned that Labour's inheritance tax raid on family...
£150billion wiped off value of British stocks in worst week for FTSE 100 since Trump's Liberation Day tariffs
By HUGO DUNCAN BUSINESS EDITOR
Updated: 17:06 GMT, 6 March 2026
More than £150billion has been wiped off the value of Britain’s biggest...
Britain bears brunt of bond market sell-off triggered by war in the Middle East
By HUGO DUNCAN
Updated: 22:00 GMT, 5 March 2026
Britain has borne the brunt of the bond market sell-off triggered by the war in the Middle East, with UK borrowing costs...
The death of the actuary? Aviva boss warns over rise of AI in the latest evidence of white-collar jobs upheaval
By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR
Updated: 22:00 GMT, 5 March 2026
Actuaries are being sidelined in favour of data scientists,...
Inheritance tax raid on farms and family firms set for High Court showdown in latest blow to Rachel Reeves
By HUGO DUNCAN BUSINESS EDITOR
Updated: 15:18 GMT, 3 March 2026
The Chancellor’s plan to hit family firms and farms with death duties will be...
Brits will 'inevitably' see higher petrol prices amid Middle East war, warns Motor Fuel Group boss
By EMILY HAWKINS
Updated: 09:00 GMT, 3 March 2026
The boss of one of Britain’s largest petrol station groups has warned the war in the Middle East will...
IHT raid on family firms pays for just half a day's welfare spending
By HUGO DUNCAN
Updated: 21:50 GMT, 1 March 2026
The 'punitive' inheritance tax raid on family firms will harm the economy and raise less than half a day's spending on welfare, Rachel...
Nationwide forced to pump £1bn into struggling Clydesdale Bank
By PATRICK TOOHER, CONSULTANT CITY EDITOR
Updated: 21:50 GMT, 28 February 2026
Nationwide has pumped more than £1 billion into Virgin Money's Clydesdale Bank to prop up the struggling...
Ocado cuts 1,000 jobs in £150m cost-cutting drive after warehouse disappointments
By EMILY HAWKINS
Updated: 11:58 GMT, 26 February 2026
Ocado shares plummeted as the group confirmed plans to axe 1,000 jobs as part of a £150million cost-cutting...
HSBC boosts bankers' bonuses as profits beat expectations
By JANE DENTON, MONEY REPORTER
Updated: 09:39 GMT, 25 February 2026
HSBC has shrugged off tariff pressures to report better-than-expected profits and increase bonuses for its staff.
The bank...
HSBC boosts bankers' bonuses as profits beat expectations
By JANE DENTON, MONEY REPORTER
Updated: 09:39 GMT, 25 February 2026
HSBC has shrugged off tariff pressures to report better-than-expected profits and increase bonuses for its staff.
The bank...
Chemring sounds the alarm over UK defence spending
By HUGO DUNCAN
Updated: 00:54 GMT, 23 February 2026
A leading British defence company has sounded the alarm over Labour's failure to outline how it plans to boost spending on the armed forces.
As...
High Street to axe more jobs as employment costs spiral amid row over national minimum wage
By EMILY HAWKINS
Updated: 22:00 GMT, 18 February 2026
The spiralling cost of employment is hitting jobs and investment on the High Street, according to a bleak...
Labour in disarray over minimum wage pledge as Starmer attempts to shut down U-turn
By CLAIRE ELLICOTT, WHITEHALL EDITOR
Published: 00:01 GMT, 19 February 2026 | Updated: 00:05 GMT, 19 February 2026
Labour was in disarray over its minimum wage pledge...
Labour in disarray over minimum wage pledge as Starmer attempts to shut down U-turn
By CLAIRE ELLICOTT, WHITEHALL EDITOR
Published: 00:01 GMT, 19 February 2026 | Updated: 00:05 GMT, 19 February 2026
Labour was in disarray over its minimum wage pledge...
Wage growth at small firms fell for the first time in a year last month, data shows
By JANE DENTON, MONEY REPORTER
Updated: 12:10 GMT, 18 February 2026
Wage growth at small and medium-sized businesses across Britain fell in January, in a further sign...
Former Melrose chief's rallying cry for London market as he aims to raise £1.9bn for US deals
By RUTH SUNDERLAND
Updated: 11:03 GMT, 17 February 2026
Rosebank boss Simon Peckham last night said ‘nothing is stopping’ other companies from following its...
X is DOWN: Elon Musk's social media platform crashes for thousands of users around the world READ MORE: Grok chatbot restricts image generation after global backlash
By SHIVALI BEST, SCIENCE & TECHNOLOGY EDITOR
Published: 13:53 GMT, 16 February 2026 |...
X is DOWN: Elon Musk's social media platform crashes for thousands of users around the world READ MORE: Grok chatbot restricts image generation after global backlash
By SHIVALI BEST, SCIENCE & TECHNOLOGY EDITOR
Published: 13:53 GMT, 16 February 2026 |...
X is DOWN: Elon Musk's social media platform crashes for thousands of users around the world READ MORE: Grok chatbot restricts image generation after global backlash
By SHIVALI BEST, SCIENCE & TECHNOLOGY EDITOR
Published: 13:53 GMT, 16 February 2026 |...
Labour is putting a 'handbrake' on jobs as one in three bosses say they will cut hiring over workers' rights reforms
By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR
Updated: 08:54 GMT, 16 February 2026
Labour has been accused of putting a 'handbrake'...
Labour's workers' rights rules put a 'handbrake' on hiring, say firms
By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR
Updated: 07:49 GMT, 16 February 2026
Labour has been accused of putting a ‘handbrake’ on jobs as more than one in three employers say...
Bank bosses paid £29m as branches axed
By ANGHARAD CARRICK AND PATRICK TOOHER
Updated: 23:13 GMT, 13 February 2026
Top bank bosses enjoyed a £29m pay bonanza even as they axed more than 300 branches last year.
The chief executives of Lloyds, NatWest...
City in shock as Schroders sold to US rival Nuveen in £9.9bn deal
By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR
Updated: 22:00 GMT, 12 February 2026
The boss of Schroders insisted ‘nostalgia is not a strategy’, as the 222-year-old firm agreed to a...
Streeting was right - there is no growth strategy and things may get a whole lot worse, says HUGO DUNCAN An assault on the private sector is paying pay for expanding the bloated state
By HUGO DUNCAN BUSINESS EDITOR
Updated: 11:11 GMT, 12 February...
Labour's growth pledge lies in tatters and I fear there is worse to come, says HUGO DUNCAN Calculator: Are YOU rich and do you earn more or less than the neighbours?
By HUGO DUNCAN
Updated: 09:19 GMT, 12 September 2025
The British economy has hit the...
Chancellor faces backlash over 'holiday tax' as 200 top firms demand pay-per-night visitor levy is scrapped
By EMILY HAWKINS
Updated: 08:14 GMT, 12 February 2026
Rachel Reeves was facing a major backlash last night over a proposed ‘holiday tax’ that...
Women tighten grip at top of British telecoms industry as broadband network Openreach gets female boss
By ANNE ASHWORTH
Updated: 13:18 GMT, 10 February 2026
The rapid rise of women to the top of the telecoms industry continues with the appointment of...
Sir Tim Martin reveals each Wetherspoons pub is paying £1million into the public purse amid Labour's tax raid Budget
By JAKE HOLDEN, UK NEWS REPORTER
Updated: 10:45 GMT, 1 February 2026
Sir Tim Martin has revealed that each of his Wetherspoons pubs is...
Brewers beg for relief as beer tax hits nine-year high
By EMILY HAWKINS
Updated: 09:57 GMT, 1 February 2026
Brewers have called for a cut to Britain's 'sky-high' alcohol duty on draught beer as firms are set to face another increase on the levy from...
Bank of England slashes GDP outlook, holds interest rates and warns of job losses, as Labour's growth mission stalls
By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR
Updated: 10:05 GMT, 6 February 2026
Labour's stuttering growth ambitions suffered a...
Jamie Oliver warns Labour's tax raid is 'stubbing out' Britain's restaurants
By EMILY HAWKINS
Updated: 07:34 GMT, 6 February 2026
Jamie Oliver is the latest to warn the Chancellor that a tax raid on venues runs the risk of ‘stubbing out’ the British...
Murder mystery hotel made famous by Poirot hit by Chancellor's tax raid
By EMILY HAWKINS
Updated: 10:22 GMT, 1 February 2026
He even looks a little like Hercule Poirot, but now the owner of the luxury hotel that inspired two of Agatha Christie's most...
Jamie Oliver warns Labour's tax raid is 'stubbing out' Britain's restaurants
By EMILY HAWKINS
Updated: 07:34 GMT, 6 February 2026
Jamie Oliver is the latest to warn the Chancellor that a tax raid on venues runs the risk of ‘stubbing out’ the British...
Borrowing costs edge higher as doubts over Starmer's future grow
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 11:01 GMT, 5 February 2026
Borrowing costs are edging higher as concerns over the Prime Minister's ability to survive the Peter...
Watches of Switzerland boss slams tax rises and says retail is 'taken for granted'
By EMILY HAWKINS
Updated: 13:23 GMT, 4 February 2026
The boss of Watches of Switzerland has slammed high taxes under Labour and warned of a threat to High Street jobs –...
Tens of thousands more families will have to pay back some child benefit by 2030 due to frozen tax thresholds
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 10:32 GMT, 4 February 2026
Tens of thousands more families will have to pay back some or...
Tens of thousands more families will have to pay back some child benefit by 2030 due to frozen tax thresholds
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 10:32 GMT, 4 February 2026
Tens of thousands more families will have to pay back some or...
Irn-Bru owner snaps up Fentimans and Frobishers as it eyes 'adult soft drinks' market 'Efficiencies' expected in the latter half of 2026 as firm integrates brands
By JANE DENTON, MONEY REPORTER
Updated: 09:33 GMT, 3 February 2026
Irn-Bru maker AG Barr...
Satellite specialist Filtronic sees profits slip despite 'record' order book after SpaceX deal Filtronic's share price has risen by around 1,600% in the past three years
By JANE DENTON, MONEY REPORTER
Updated: 10:02 GMT, 3 February 2026
British...
Irn-Bru owner snaps up Fentimans and Frobishers as it eyes 'adult soft drinks' market 'Efficiencies' expected in the latter half of 2026 as firm integrates brands
By JANE DENTON, MONEY REPORTER
Updated: 09:33 GMT, 3 February 2026
Irn-Bru maker AG Barr...
Unemployment will reach five-year high as business costs rise after Budget
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 10:24 GMT, 2 February 2026
Unemployment is expected to reach its highest level in five years in the first half of the year,...
Rachel Reeves comes after church roof repairs in latest stealth tax raid - sparking 'outrage' among worshippers
By JAKE HOLDEN, UK NEWS REPORTER and DAVID WILCOCK, DEPUTY POLITICAL EDITOR
Published: 13:07 GMT, 2 February 2026 | Updated: 13:14 GMT, 2...
Rachel Reeves comes after church roof repairs in latest stealth tax raid - sparking 'outrage' among worshippers
By JAKE HOLDEN, UK NEWS REPORTER and DAVID WILCOCK, DEPUTY POLITICAL EDITOR
Published: 13:07 GMT, 2 February 2026 | Updated: 13:14 GMT, 2...
Unemployment will reach five-year high as business costs rise after Budget
By ANGHARAD CARRICK, BUSINESS NEWS EDITOR
Updated: 10:24 GMT, 2 February 2026
Unemployment is expected to reach its highest level in five years in the first half of the year,...
Murder mystery hotel made famous by Poirot hit by Chancellor's tax raid
By EMILY HAWKINS
Updated: 21:50 GMT, 31 January 2026
He even looks a little like Hercule Poirot, but now the owner of the luxury hotel that inspired two of Agatha Christie's most...