Business News

UK strike threat risks halting Airbus’s global jet production

A 10-day walkout by 3,000 Unite members at Airbus’s Broughton plant in North Wales could disrupt assembly lines across Europe, China and the US, jeopardising delivery schedules as the world’s largest planemaker pushes to meet record demand. Read...

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NEETs near one million as jobless young women hit near-decade high

ONS data shows 450,000 young women are now out of work, education or training — the highest since 2016. NEETs reach 950,000 as FSB calls for urgent support. Read more: NEETs near one million as jobless young women hit near-decade high ...

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Marks & Spencer to build £340m robot-powered warehouse creating 3,000 jobs

M&S is building a £340m automated warehouse in Northamptonshire to support its plan to double its food business, creating 3,000 jobs and boosting supply chain efficiency. Read more: Marks & Spencer to build £340m robot-powered warehouse creating ...

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UK government borrowing lower than forecast in July as tax receipts rise

Government borrowing fell to £1.1bn in July, below OBR forecasts, as higher tax receipts and lower debt costs gave Rachel Reeves some relief ahead of the autumn budget. Read more: UK government borrowing lower than forecast in July as tax receipts...

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UK manufacturers hit by 25% US tariffs on steel and aluminium exports

British exporters including JCB face hundreds of millions in extra costs after President Trump extended Section 232 tariffs to 25%. Industry groups urge UK government action. Read more: UK manufacturers hit by 25% US tariffs on steel and aluminium ...

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Two in five UK crypto investors say banks blocked their payments

New IG research shows 40% of UK crypto investors have had payments blocked or delayed by banks. Critics warn the UK risks falling behind without a clear regulatory framework. Read more: Two in five UK crypto investors say banks blocked their paymen...

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UK steel industry given digital roadmap to reach net zero

A new study has set out a strategic digital roadmap to fast-track the UK steel industry’s transition to net zero, warning that overcoming skills shortages, regulatory hurdles and investment uncertainty is vital if the sector is to meet its climate...

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Tax raid forcing pubs and restaurants to close one day a week

Hospitality businesses across Britain are being forced to shut their doors at least one day a week as soaring wage costs and higher taxes pile pressure on the sector. Read more: Tax raid forcing pubs and restaurants to close one day a week ...

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Cambridge unveils first SPARK incubator cohort of 24 startups

King’s College, Cambridge has revealed the 24 startups selected for its first-ever incubator programme, SPARK 1.0, an initiative designed to turn research-backed ideas from students and alumni into investable companies. Read more: Cambridge unvei...

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Rachel Reeves plans to tax high-value homes to plug fiscal hole

Chancellor Rachel Reeves is weighing plans to scrap capital gains tax exemptions on high-value homes, in a move dubbed a “mansion tax”, to raise billions and plug a £40bn fiscal gap. Property experts warn it could stall sales and hit pensioners...

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