Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas trading
Read more at Financial Times
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Weather warning increased to amber ahead of Storm Éowyn
Storm Éowyn will bring severe gales to parts of the UK on Friday with widespread disruption likelyBBC News - 7h -
UK pledges huge increase in computing capacity to build AI industry
Labour to expand sovereign computing power in response to report by British venture capitalistFinancial Times - Jan. 12 -
London mayor warned over swimmable rivers pledge
The Thames is tidal for most of its course through London, only becoming non-tidal at Teddington Lock.BBC News - Jan. 12 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - Jan. 7 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1
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Trump tells Putin to reach Ukraine ‘deal’ soon or US will increase sanctions
US president says Washington could impose more trade restrictions on MoscowFinancial Times - 7h -
Trump halts more than $300bn in US green infrastructure funding
New president’s order to pause federal disbursements cuts critical loans and grants to developersFinancial Times - 20h -
OpenAI spars with Elon Musk over $500bn Stargate project
Tesla boss in rare break with Donald Trump over AI initiative, saying ‘they don’t actually have the money’Financial Times - 7h -
Russian spy ship found ‘gathering intelligence’ in UK waters
Defence minister tells Moscow Britain will not shy away from ‘robust action’ amid fears of potential sabotage of undersea cablesFinancial Times - 11h -
Supermarkets back UK farmers in their fight against inheritance tax changes
Tesco and Lidl express concern about the impact of Sir Keir Starmer’s proposed reformsFinancial Times - 5h
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