The UK’s retail sales recovery was smaller than expected in the key Christmas shopping month of November, official figures show. Retail sales rose just 0.2% last month despite discounting events in th...
Londoners officially have lower tolerance for the cold than people in other parts of the UK. The capital is the only part of the country that sets its boilers to come on at more than 17 degrees, on av...
The Bank of England has maintained its guidance for “gradual” interest rate cuts next year, following surprise support for a reduction this month. Its rate-setting committee, while deciding to keep Ba...
The government has admitted it does not know how much HS2 will ultimately cost – or when high speed trains will be running on the beleaguered rail project. Dame Bernadette Kelly, the top civil servant...
Very few will be surprised by the Bank of England’s decision to keep rates on hold at 4.75%. What is more striking is the policy rift that has emerged. Three members of the rate-setting committee vote...
The UK’s biggest water company has been fined £18.2m for “unjustified” dividends which the regulator said broke shareholder payment rules. Thames Water has been hit with the penalty by water regulator...
Southern Water may not be able to guarantee that water comes out of its customers’ taps but, credit where it is due, it does know how to lay on a metaphor. On the day almost 60,000 Hampshire residents...
Bestway Group, one of Britain’s biggest privately owned companies, is preparing to launch a formal financial restructuring process for its Bargain Booze and Wine Rack chains of off-licences. Sky News ...
The owner of the New York Sun is racing to salvage a £550m takeover of The Daily Telegraph after a period of exclusive negotiations to clinch a deal came to an end. Sky News has learnt that Dovid Efun...
The cost of water bills will go up in the next few years, the industry regulator Ofwat confirmed today. The average bill will go up 36% but how much extra billpayers will be charged depends on what pa...
Average water bills in England and Wales will increase by 36% over the next five years, water regulator Ofwat has said. The rise is equivalent to an average extra of £31 per year. Water companies had ...
