News

ALEX BRUMMER: Rachel Reeves' Soviet-style intervention to cap the price of milk, bread and eggs is an idiotic, dangerous recipe for disaster. This is why I fear history is about to repeat itself

Today

Of all the crass ideas to emerge from HM Treasury under the stewardship of Rachel Reeves, few are as wrongheaded as the Chancellor's proposal for a socialist 'price cap' on groceries.

Fire-risk Volvo EV owners told not to fully charge for 5 months

Today

Infuriated Volvo EX30 drivers say limited range and higher running costs have become a 'constant inconvenience' - with some already considering a return to petrol or diesel.

Fairer Share: Nationwide reveals members will get £100 bonus

Today

Nationwide confirmed it will once again pay a profit-sharing bonus to its customers.

Machin's lesson for Labour: M&S boss is right to raise the alarm over price cap plan, says RUTH SUNDERLAND

Today

Marks & Spencer chief exec Stuart Machin, pictured, pointed out he is making a loss on basic foods including milk, bread and bananas.

Manual gearboxes will be 'extinct' by 2030... and the diesel engine won't be far behind

Today

Analysts say EVs are already triggering a decline in demand, but the 'moment is approaching' when 'hard economics' will inevitably kill off manual gear changes.

The service charge on our flat has risen by almost 50% in five years: Can we challenge it?

Today

My pay has only risen 25% since we have lived here and my partner's by much less, so these costs are becoming a real burden.

Boss of US fintech firm fires his entire HR team for 'creating problems that did not exist'

Yesterday

Ryan Breslow, chief exec of software group Bolt, laid off almost a third of the workforce in April, saying of the HR team: 'Those problems disappeared when I let them go.'

Bailey sounds the alarm over pace of AI jobs destruction as march of the machines threatens world of work

Yesterday

The Bank of England governor said dramatic technological advances are 'moving very quickly' as firms turn to automation and machines.

M&S shares rocket on recovery hopes after last year's crippling cyber attack

Yesterday

The high street stalwart reported a 28.8% fall in annual pre-tax profits to £365m after the incident which brought its online fashion sales to a halt for seven weeks.

'We can't invest in London sites' blasts Berkeley as Peckham redevelopment plan is rejected for second time

Yesterday

Berkeley said it was preparing to mount a legal challenge after its proposals to build nearly 900 homes in Peckham in south-east London were rejected for a second time.

Bloomsbury bets new Harry Potter TV series will conjure up a sales surge

Yesterday

Bloomsbury boss Nigel Newton said the launch of the HBO series at Christmas would bring the stories to a 'dramatically expanded readership'.

Flat prices plummet according to official figures - and not just in London

Yesterday

Flats are dropping in value across the country, according to the latest figures from the Office for National Statistics.

Chase and Zopa boost cashback on spending and bills - which current account is the better deal?

Yesterday

The challenger banks have improved cashback deals, but both have different qualifying spends and one emerges as a frontrunner with a much higher earning potential.

BYD unveils Ti7 plug-in hybrid SUV with seven seats to rival the Jaecoo 8 and Land Rover Defender

Yesterday

BYD has announced a new seven-seater Ti7 SUV will come to the UK. It will challenge Chinese rival, the Jaecoo 8, and Britain's Land Rover Defender.

How to tell if you're one of half a MILLION people being UNDERPAID on your state pension: Bombshell figures reveal 1 in 20 aren't getting what they're owed. Here's the easy way to check yours

Yesterday

We have almost reached the stage where people should start from the assumption that their pension may be wrong and make sure they check thoroughly that everything is in order.

Hacks put Flaks to the sword with 3-1 win in annual charity match

Yesterday

Business journalists put one over their corporate PR counterparts on Friday night in the annual Hacks v Flaks charity football match against the communications industry.

So much for the 'jet fuel crisis'... there's never been a better time to grab a holiday bargain - with some almost 50pc CHEAPER than last year

Yesterday

If you've been holding off booking a summer holiday over fears flight prices have soared due to the ongoing jet fuel crisis, now could be the time to act.

'Completely preposterous': M&S boss slams Reeves over supermarket price cap plan as top City analyst bemoans 'orgy of neo-Soviet policy ideas'

Yesterday

Marks & Spencer has said it is making progress with its transformation plan and expects profits to recover after taking a significant hit from the cyber-attack last year.

EDF launches cheapest fixed energy tariff of any major supplier but you'll need to be VERY quick if you want it

Yesterday

The energy supplier has launched a new limited-time fixed tariff that undercuts the predicted July cap by £160.

What falling inflation means for you: CPI eases to 2.8% - what happens next?

Yesterday

Inflation cooled to 2.8 per cent in March, a sharper fall than expected, according to figures from the Office for National Statistics.

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