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November 9, 2025

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Business

Reeves expected to scrap ‘low-value imports’ loophole that benefits Shein and Temu

Chancellor reportedly plans to close tax loophole in budget, after complaints by UK retailers of uneven playing fieldRachel Reeves is reportedly planning to close a tax loophole in her budget next month that allows overseas retailers including Shein an…

October 22, 2025
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Warner Bros. Discovery open for sale after failed Paramount takeover bids

US entertainment giant Warner Bros. Discovery has said it is exploring a potential sale of all or some of its media assets, this after it turned down a second takeover bid by rival Paramount Skydance and its CEO David Ellison. The company, which house…

October 22, 2025
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UK inflation unexpectedly holds steady and bolsters hopes of November rate cut

Inflation in the U.K. has unexpectedly held steady in the year to September, according to official figures released Wednesday.

October 22, 2025
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‘Poorly thought through’: UK food firms say packaging tax is pushing up prices

Green groups defend ‘essential’ levy, but Heck sausages and Gü desserts among those who say shoppers will pick up tabA packaging tax designed to end our throwaway society is under fire for inadvertently adding to food price inflation as it pushes up th…

October 22, 2025
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Signs of peak inflation open door to earlier Bank of England interest rate cuts

Policymakers under pressure for rethink after price growth in UK remained at 3.8% in SeptemberUK inflation remains at 3.8% for third month in a rowBusiness live – latest updatesHas UK inflation peaked? The latest official figures showing price growth i…

October 22, 2025
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UK inflation unexpectedly remains at 3.8% for third month in a row

Annual September rate confounds forecasts of a rise, as pace of food price growth slows for first time since MarchAnalysis: Signs of peak inflation open door to earlier Bank of England interest rate cutsUK inflation was unchanged last month at 3.8%, co…

October 22, 2025
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Eurostar to run doubledecker trains through Channel tunnel from 2031

Operator signs €2bn deal with Alstom amid boom in international rail travel from UKEurostar is to start running doubledecker trains through the Channel tunnel to meet growing demand for international rail travel from the UK.The rail operator announced …

October 22, 2025
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Real living wage to rise by almost 7% in boost for low-paid UK workers

Hourly rate to increase in April by 95p to £14.80 in London and by 85p to £13.45 for the rest of the countryAlmost half a million workers are to receive a pay boost after it was announced that the real living wage paid voluntarily by 16,000 UK companie…

October 22, 2025
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Pemex pipeline spill contaminates Mexican river after torrential rains

Mexico’s state-run oil company, Pemex, reports that recent torrential rains have caused a pipeline spill along the Pantepec River.

October 22, 2025
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Lockheed basks in F-35 delivery win

Execs said the company delivered 46 aircraft in the third quarter of the year.

October 22, 2025
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