Business

Attention is increasingly focusing on what will be in the Chancellor’s budget in less than two weeks time. And the mood music is negative.

The UK has been struggling through the worst cost of living crisis in 4 decades, so many people will be hoping that today’s figure is the strongest evidence so far that the big squeeze is finally over.

A carbon offset pioneer who sold hundreds of millions of dollars in carbon credits has been charged with fraud by US authorities following an investigation by Channel 4 News. 

It’s the end of an era for two major industries in the UK today. The country’s last coal-fired power station will shut down tonight, at Ratcliffe-on-Soar. 

It’s the end of an era in Port Talbot, South Wales. From Monday, the last blast furnace will shut down at one of the biggest steelworks in the world, leaving it unable to make its own steel.

The long goodbye to blast furnace no. 4 is nearly over, as Port Talbot stands on the precipice of becoming a ‘steel town’ stripped of its ability to make its own ‘virgin’ steel. It is a huge moment.

That means pylons – across Norfolk, Suffolk and Essex. And the battle lines are  forming. To bury or not to bury, that is the question. Nobody wants to look out on pylons.

Rachel Reeves has been warned that she needs to “substantially increase” government investment to avoid “a vicious circle of stagnation and decline”.

The EU’s highest court has ordered Apple to pay back €13 billion to Ireland in one of the world’s biggest ever corporate tax rulings. It’s an expensive knock in the teeth for the technology giant, at a time when competitors are nipping at its heels. And it raises questions once again about Ireland’s low-tax business economy.

Private landlords look to be leaving the rental market at a record pace, but will this prove to be a problem or an opportunity for private tenants?

Over 100 wind farms, solar and tidal wave projects are set to go ahead under a government scheme that provides backing to renewable energy projects.

Dyson, the home appliances giant, has abandoned its lawsuit against this programme after a two and a half year court battle.

Channel 4 and ITN today confirm that Dyson has abandoned its libel case against Channel 4 News, after over two years of court proceedings.

UK households are facing another parliament of very slow growth in their living standards, according to new analysis today by the Resolution Foundation

Just how painful will the October Budget be?