19 h. ago UK high street misery as three brands to shut all stores in weeks – see full list

The UK's high street will be an emptier place after three local favourites announced they will be closing for good in just a matter of months as bills and costs rise everywhere

Politics

20 h. ago Windfarm which could power 1 million UK homes scrapped over rising costs

Danish developer Orsted blamed rising supply chain costs and high interest rates for halting Hornsea 4, which could have powered one million homes.

Economics

8 d. ago Housing site that could have delivered hundreds of homes is scrapped

There was a lot of opposition to the potential housing site in north east Barry, but the council is now saying it won't be considered due to "deliverability" issues

Society

9 d. ago Adidas cautions over higher prices and halts outlook upgrade due to tariff woes

The German sportswear giant said prices will rise in the face of cost increases from Donald Trump’s move to raise trade tariffs on goods into the US.

Economics

1 week ago Wes Streeting says big NHS change will save patients money 'and there's much more to come'

Health Secretary Wes Streeting tells the Mirror why he's keeping prescription charges below a tenner after a decade of rises under the Tories, to help with the cost of living crisis

Science

2 w. ago Nissan warns of £4bn loss as costs rise and Trump tariffs loom

Japanese carmaker blames worsening outlook on ‘competitive environment and deteriorating sales’Nissan says it expects to lose as much as £4bn this year because a turnaround plan will be more costly than expected.The expected loss at Japan’s third-largest carmaker is almost 10 times the figure it had previously guided. Continue reading...

Economics

2 w. ago Could Trump’s tariffs give a green light for corporate profiteering?

Expectations of inflation, and recent waves of price rises, could be self-fulfilling and fuel ‘greedflation’ – and it may not only apply to US consumersOver the past few years consumers have grown used to seeing prices rise at an exorbitant rate. The cost of everything – from used cars to utility bills and the humble loaf of bread – has rocketed in the worst inflation shock across advanced economies since the 1980s.While inflation has cooled in the past year, talk of fast-rising prices is back on the agenda from Donald Trump’s escalating trade war. Continue reading...

Politics

2 w. ago Britain needs houses, and Labour’s bold plan will address that. But it may require more migrants | Polly Toynbee

Ministers are ready to be relentless over planning reform. There is a skills gap though – and they must be brave enough to fill itAmid the shock of the Office for Budget Responsibility (OBR) halving its growth forecast last month, one remarkable finding gets too little attention. It predicts housebuilding will rise to its highest level in 40 years, adding 0.2% growth or £6.8bn by 2029-30, potentially rising to more than 0.4% by 2034-35. The government has said that housing scores the biggest positive growth effect from a “zero-cost policy” the OBR has ever forecast.This is especially remarkable given that 2024 saw the fewest planning permissions granted for new homes for a decade, and the worst on record, according to the Home Builders Federation (HBF). Planning applications plummeted when the last government scrapped councils’ mandatory housing targets, but since Labour reimposed a national planning policy framework, applications in the works have risen by more than 160%.Polly Toyn...

Events

3 w. ago It is risen! Cost of traditional Easter Sunday roast increases by 11% in a year

An own-label whole leg of lamb is now an average of £14.44 per kilogram across the four major supermarkets, up by £1.81 or 14 per cent from £12.63 when compared to the same period last year.

Politics

3 w. ago Major Scottish university plans fresh cuts as costs rise by £4.7m in 'unprecedented times' for sector

Ancient institution said the move was ‘regrettable but necessary’

Economics

3 w. ago Premium Bonds rates could rise as NS&I decision marks 'big shift'

NS&I has raised a raft of the rates on its British Savings Bonds this week

Politics

3 w. ago SNP minister claims her £19,000 pay rise won't cost the taxpayer a single penny

SNP ministers have faced a backlash after they were handed whopping pay rises.

Economics

3 w. ago Asian shares sell off as US curbs on Nvidia chip sales to China fuel trade fears; UK inflation slows to 2.6% – business live

Gold surges nearly 2% to new record high; UK food inflation slows and fuel prices fall while clothes prices riseFinancial markets are betting on an interest rate cut from the Bank of England meeting at its May meeting, estimating an 86% probability.They have fully priced in three quarter-point rate reductions this year.A sharp pickup in inflation from April is all but guaranteed. Ofgem’s 6.4% increase to its price cap, after a large fall last year, means we expect the energy component will add 0.7ppts to CPI inflation in April. A significant increase in water bills means the contribution from the core goods category is also set to rise. In addition, we expect businesses to pass on some of the increase in labour costs caused by the recent rises in employers’ National Insurance Contributions (NICs) and the National Living Wage onto consumers. Inflation is likely to peak in the autumn, before starting to cool as the contribution from the energy category fades.The MPC has lowered Bank R...

Economics

3 w. ago Beat the PS5 price rise: The best deals available before cost increase

Grab Sony’s powerful gaming machine for as low as £329, with a free game, before the price rise kicks in

Economics

3 w. ago Octopus postcode electricity plan could lead to higher bills in key part of UK

The energy giant is urging the government to introduce regional tariffs based on local supply and demand - a move that could see electricity costs rise in the South East

Science

4 w. ago Supermarket's sales boost sees it rise up the rankings, surpassing Asda

The German discounter performed better than some of its rivals, outselling them in food and drink, an achievement Asda has since contested

Economics