UK bankers warned of ‘severe losses’ if they fail to monitor private equity exposures Bank of England executive says creeping sense of complacency and lack of data is putting lenders at risk
Post Office boss ‘obsessed with his pay’, claims former HR director Nick Read said to have repeatedly demanded pay rises from the government and described bonus as ‘intolerable’
Kingsmill owner warns of price rises due to ‘very small’ expected harvests in UK ABF, which also owns Dorset Cereals, says it is not yet planning rises but it may need to import ‘quite a lot’ of grain
Judges reject HMRC appeal and rule firm’s marshmallows are not sweets Innovative Bites Ltd wins case brought by UK tax authority after its ‘mega’ product deemed to be an ‘ingredient’
Bank of England’s chief economist dampens hopes of summer interest rates cut Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last month
FTSE 100 hits record closing high again, despite BoE chief economist warning against cutting interest rates too soon – as it happened Rolling coverage of the latest economic and financial news
‘Grave challenge’: Blackpool rock makers fear for seaside staple’s future Manufacturers call for geographic food name protection in face of threat from cheap Chinese imports
FTSE 100 hits record high as shares rise amid hopes of interest rate cuts UK’s blue-chip index reaches 8,076, surpassing previous high of 8,047 in February 2023
Victoria Beckham’s collaboration with Mango shows how far designer has come The former Spice Girl’s collection with the high street chain is likely to be a fruitful new venture
Leading UK lenders raise fixed-rate mortgage deals amid ‘market uncertainty’ Borrowers urged not to panic as banks including Barclays, NatWest and HSBC readjust cost of loans
FTSE 100 is an international laggard despite its record high Index’s rise has been driven by the dollar’s strength against the pound – and that effect can reverse
Jeremy Hunt’s scope for tax cuts hit by higher-than-expected borrowing Government borrowed £120.7bn in the last financial year, with just under £12bn in March
What’s behind the record FTSE 100 high? Hopes of a UK interest rate cut and easing geopolitical tensions are not the only reasons for the intraday peak reached this morning
Running the cash-strapped Southbank Centre: ‘We feared Cate Blanchett would get stuck in a lift!’ The head of London’s busy, brutalist arts complex says she needs funding so urgently that she might even consider giving a sponsor the right to rename it
Cava firm Freixenet to furlough 80% of its workers in Catalonia due to drought Spanish-German company announces layoffs as conditions in north-eastern Spain hit grape production