The latest published reporting in this category.
A new report finds generational wealth is widening the divide between homebuyers and those priced out. The median age of first-time buyers also remains at a record high.
Read moreTelecoms group reports £1.1bn pre-tax profit in six months to end of September and share price touches five-year high Business live – latest updates BT has cut almost 8,000 jobs since the end of March as it pushes ahead with sweeping cost reductions across the business. The telecoms group said its workforce had fallen by 7,731 to 90,000, excluding staff in its international business, which is being spun out in a joint venture with the US telecoms company Verizon. It had a workforce of about 130,000 people, including contractors, two years ago. Continue reading...
Read moreNew policy would permit passengers to take firearms to their seats in lockboxes on 1,500 trains a day across the US
Read moreCost of servicing external debt is preventing developing countries from investing for future Debt owed by developing countries rose to a record $9.4tn (£7tn) last year, with the poorest paying the highest interest rates since the late 1980s, World Bank data shows. The UK government is preparing to champion a “new drive on debt” as part of its presidency of the G20 next year – a move the prime minister, Andy Burnham, has linked to confronting the legacy of slavery. Continue reading...
Read moreThe arbiter of Australian taste abandoned prestige to chase profits through expansion. Now 6,000 staff across 38 stores fear job cuts as ‘difficult decisions’ loom
Read moreAlbanese should tread carefully as he struggles to make case for how the new technology will benefit ordinary voters
Read moreFirst rate rise for more than three years leaves millions facing rise in mortgage payments Bank of England raises interest rates to 4% Business live – latest updates The Bank of England has hiked interest rates by 0.25 percentage points, taking the base rate to 4%. It is the first rate rise for more than three years, leaving millions of households facing a sharp rise in mortgage payments. Continue reading...
Read moreThe BBC's economics editor views one more interest rate as likely, but thinks that will be all.
Read moreJob, loans and savings are all affected by the rise in interest rates announced by the Bank of England.
Read moreThe company, which was majority owned by a private equity firm, said it was beginning a "new chapter".
Read morePolling done for the Guardian shows plummeting support from a former key constituency of Donald Trump’s base
Read moreWith parts of region served by company in severe drought still, regulators give it six weeks to come up with action plan Repeated failures by South West Water to tackle leaks are putting customers at higher risks of losing water supplies as parts of the region remain in severe drought, regulators have said. In a warning to the privatised company that serves 1.8 million people across the south-west of England, the regulators said it had been failing to meet targets to reduce leaks and repair burst pipes for seven years. Continue reading...
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