27 h. ago Why Tuesday is 'April Cruel Day' as collection of 'devastating' bill hikes hit

April Fool’s Day is no longer just a day for practical jokes, writes Derek Mitchell

Events

43 h. ago Kohl’s is closing stores in 15 states today — see the full list of locations

Their last day of business is March 29

Politics

66 h. ago US consumer confidence hit by tariff fears; Thames Water’s finance chief leaving within days – business live

Rolling coverage of the latest economic and financial newsOver in Germany, the number of people out of work has risen at the fastest rate since October of 2024.The German labour office said the number of unemployed increased by 26,000 in seasonally adjusted terms to 2.92 million. Analysts polled by Reuters had expected that figure to rise by 10,000.“March marks the start of the so-called spring recovery on the labour market. This year, however, the economic slump is noticeably slowing it down.”One bright spot was the impressive 1.9% q/q (CE forecast 0.7% q/q) rise in consumers’ real incomes in Q4. The 4.2% rise in 2024 as a whole suggests households experienced the strongest real income growth in nine years.With consumer spending hardly rising, at 12.0% in Q4 (up from 10.3% in Q3), the saving rate remains unusually high, suggesting households are choosing to save rather than spend the bulk of those gains. Continue reading...

Economics

67 h. ago Tariff uncertainty risks ‘significant economic damage’; Thames Water’s finance chief leaving within days – business live

Rolling coverage of the latest economic and financial newsOver in Germany, the number of people out of work has risen at the fastest rate since October of 2024.The German labour office said the number of unemployed increased by 26,000 in seasonally adjusted terms to 2.92 million. Analysts polled by Reuters had expected that figure to rise by 10,000.“March marks the start of the so-called spring recovery on the labour market. This year, however, the economic slump is noticeably slowing it down.”One bright spot was the impressive 1.9% q/q (CE forecast 0.7% q/q) rise in consumers’ real incomes in Q4. The 4.2% rise in 2024 as a whole suggests households experienced the strongest real income growth in nine years.With consumer spending hardly rising, at 12.0% in Q4 (up from 10.3% in Q3), the saving rate remains unusually high, suggesting households are choosing to save rather than spend the bulk of those gains. Continue reading...

Economics

67 h. ago Thames Water’s finance chief quits as firm continues trying to find a buyer

Alastair Cochran, Thames Water’s chief financial officer, told the firm that he is stepping down on Friday morning, PA news agency understands.

Economics

68 h. ago Thames Water's finance chief departs at crucial stage of survival battle

Alastair Cochran steps down next week after more than three years with the utility

Events

3 d. ago EU appears to back down on carbon levy on international shipping

Bloc set to accept compromise that would allow companies to trade carbon credits, in blow to climate financeThe long-awaited carbon levy on international shipping that was to supply vital climate finance looks set to be heavily watered down, after the EU appeared to be backing down in global talks, in a blow to vulnerable countries.The EU is set to accept a compromise that would allow companies to enter into a system of trading carbon credits, instead of paying directly for their emissions, the Guardian has learned. Continue reading...

Politics

4 d. ago Next joins the elite £1 billion profit a year club but warns of 'risks to the economy'

High street chain become only the fourth British retailer to pass a milestone that boss Lord Wolfson plays down as “not important”

Economics

4 d. ago Kohl’s is closing stores in 15 states — see the full list of locations

Their last day of business is March 29

Politics

4 d. ago UBS offers to limit size of investment bank to appease Swiss regulators

Lender seeks to alleviate concerns that its size could pose risk to country’s economy

Economics

5 d. ago In Turkey, we are showing the world how to challenge a callous, authoritarian leader | Ece Temelkuran

The youthful energy of street protest is breathing life back into failing progressive parties – and it’s a model that could be applied everywhereEce Temelkuran is a Turkish journalist and political commentatorAfter 22 years of power grabs, the seizure of all state institutions and severe oppression aimed at reshaping Turkish citizens into Islamofascist minions, Turkey is striking back against President Recep Tayyip Erdoğan’s authoritarianism. In cities across the country, including the regime’s strongholds, protests have been ongoing for the past week.Istanbul mayor Ekrem İmamoğlu’s detention on bogus corruption charges this week galvanised the people; within days, the protests evolved into something bigger – a national riot demanding democracy, dignity and freedom. The protests reminded many of the Gezi uprising of 2013, yet this time the young people who we thought had lost all hope for the future under Erdoğan and during the severe economic crisis took to the streets, risking lim...

Culture

6 d. ago Heathrow defends its response as questions grow about why a fire shut the airport for so long

Heathrow bosses are defending their response to a fire that shut down Europe’s busiest air hub for almost a day

Society

7 d. ago Service at Heathrow airport returns to normal two days after forced closure

More than a thousand flights were cancelled on Friday after a fire at an electrical substation caused a power cutHeathrow airport has returned to normal business two days after it was forced to close when a fire at an electrical substation caused a power cut.Europe’s busiest airport had more than 1,000 flights cancelled on Friday after the fire at the substation in Hayes, west London. Continue reading...

Society

8 d. ago 'We have already caused an uproar on TikTok just days after opening our new Greater Manchester business'

'People are telling us this is really needed'

Politics

9 d. ago First jet lands at Heathrow as ‘skeleton’ service of flights resumes

British Airways to operate a small number of flights on Friday evening after fire shut Europe’s busiest airport for most of day

Events

9 d. ago British Airways warns of ‘huge impact’ over coming days after Heathrow closure

More than 100,000 British Airways customers aboard some 670 flights were affected on Friday, its chief executive said.

Events

9 d. ago Damage from Thames Water debacle extends to the wider economy

Investors, as well as consumers, need regulators with teeth to ensure fair competition and rules

Events

1 week ago Heathrow Airport: 1,300 flights disrupted as fire rages nearby amid all day closure

Watch today’s top business stories in less than two minutes as passengers face travel chaos.

Society

1 week ago London's Heathrow Airport closed all day Friday after fire causes power outage

London's Heathrow Airport closed all day Friday after fire causes power outage  Fox Business

Society

1 week ago Red Nose Day 2025: what is Gift Aid, rules, how does scheme work in UK, how much is it, Comic Relief donations

Gift Aid lets charities claim extra funds at no cost to you 🙌

Politics