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Expected government deal to help switch to greener production could lead to as many as 3,000 job lossesBusiness live – latest updatesThe government is poised to announce a £500m support package for Tata Steel to secure the future of the Port Talbot ste…
Manufacturing, services and construction sectors contract for first time since summer of 2022Business live – latest updatesThe UK economy shrank in July by 0.5% amid industrial action and extremely wet weather, official figures indicate, heightening fe…
Survey of businesses gives further indication that Bank of England could limit future interest rate risesBusinesses are pulling back on hiring and slowing their output under the strain of rising borrowing costs, according to a study that gives a furthe…
Nearly 50 GMB members at the Ayrshire missiles factory will stop work from Monday as union chiefs accuse MoD of holding talks ‘in bad faith’Workers at a British weapons plant that supplies missiles to Ukraine are to stage a two-week strike after accusi…
Latest hold-up is intended to cut risk of new charges being passed on to consumers amid cost of living crisisBusiness live – latest updatesUK politics live – latest updatesA fifth delay on the introduction of post-Brexit import checks on food and fresh…
Poor performance in services industry and manufacturing is mirrored in eurozone Britain’s policymakers have been put on recession alert after a closely watched measure of economic health showed the UK gripped by a Europe-wide slump in private sector ac…
IPPR wants government to take a stake in green technology firms to help Britain keep up with EU and USThe UK risks losing out to the US and EU in the global race to a net zero economy unless the government increases green investment by taking a stake i…
UK-backed move could help spread cost of developing fighter jet and drones, but may prove controversialSaudi Arabia has asked the UK, Japan and Italy to be made a full partner in their joint effort to build the next generation of fighter jets, in a mov…
GDP increases by 0.2% between April and June on back of recovery in car manufacturing, says ONSThe UK economy grew faster than expected in the second quarter of this year after growth was boosted by a recovery in car manufacturing and a surprisingly st…
Exclusive: Nearly 50 GMB members to stop work at Ayrshire site that assembles Storm Shadow and Brimstone missilesWorkers at a munitions plant that supplies Ukraine with missiles are going on strike for two weeks in an escalating dispute over pay and bo…