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UK economy

  • Sunday, 15 September, 2024
    David Begg
    Higher fuel duty is toxic but necessary

    Longer term, road pricing is the answer but Reeves should use this Budget to strengthen penalties on pollution

    A motorist refuels at a petrol station in Surrey, UK
  • Sunday, 15 September, 2024
    Italian politics
    Italy retains allure for rich Europeans fleeing higher taxes

    Doubling of flat-tax regime does not dissuade global super-rich from shifting residency to the country

    People walk outside the Hermès store on Via Monte Napoleone in Milan, Italy. The street is bustling with pedestrians and lined with luxury shops.
  • Sunday, 15 September, 2024
    UK employment
    Employers could sidestep upgrade of UK workers’ rights, government warned

    Simplifying employment status will be key to success of Labour’s measures, say lawyers and unions

    People protest in London’s Leicester Square with a banner reading ‘No to zero hours’ as part of a campaign for higher wages in 2018
  • Sunday, 15 September, 2024
    Oil & Gas industry
    Saving Grangemouth jobs tests Scotland’s shift to net zero

    ‘Project Willow’ draws up alternatives for refinery ahead of planned 2025 closure

    Night view of Petroineos Grangemouth petrochemical plant and refinery in Scotland
  • Saturday, 14 September, 2024
    UK prisons
    Labour has no plans to lift ban on prison officers striking

    Government ministers reject calls to repeal legislation despite union warning the decision would be seen as a betrayal

  • Saturday, 14 September, 2024
    Addison Lee
    Addison Lee drivers prepare to strike over pay and conditions

    Private hire and taxi provider is latest gig economy business to come under pressure over workers’ employment status

  • Saturday, 14 September, 2024
    UK energy
    North Sea output to halve by 2030 under Labour tax proposals, warns report

    Wood Mackenzie says sector risks being ‘fatally wounded’ by the government

    A view of a jack up oil rig and semi submersible platform, during cargo operations with supply vessel
  • Saturday, 14 September, 2024
    UK infrastructure
    Delayed Transpennine rail upgrade reviewed again ahead of Budget

    Electrification of Manchester-Leeds route being studied for potential cost savings

    A TransPennine Express train
  • Friday, 13 September, 2024
    Harland & Wolff Holdings PLC
    Titanic shipbuilder Harland & Wolff probes £25mn ‘misapplication’ of funds

    Interim executive chair says he has launched an ‘independent’ investigation

    Harland and Wolff shipyard in Belfast
  • Friday, 13 September, 2024
    Climate change
    UK court quashes Cumbrian coal mine plan

    Decision to block first new colliery in 30 years highlights shift away from fossil fuel projects under Labour government

    An artist’s impression of the proposed Woodhouse Colliery
  • Friday, 13 September, 2024
    LexUK banks
    Higher bank taxes would be an economic own goal Premium content

    Taxation can affect banks’ ability to lend

    Rachel Reeves delivers a speech at the Treasury in London.
  • Friday, 13 September, 2024
    John Gapper
    Rolls-Royce is on a smoother flight path at last

    The UK aircraft engine manufacturer is starting to live up to its distinguished name

    Rolls Royce jet engine and logo
  • Friday, 13 September, 2024
    Serious MoneyClaer Barrett
    And the Budget changes most feared by FT readers are . . . 

    Attendees of the FT Weekend Festival are selling assets and passing on inheritances ahead of October’s Budget

  • Friday, 13 September, 2024
    ExplainerUK public finances
    Why is Reeves considering changes to the UK’s government debt target?

    Chancellor is exploring tinkering with Bank of England bond accounting

    A montage of stacks of coins, a yard stick used as a line graph and the logo of HM Treasury
  • Thursday, 12 September, 2024
    Rail
    New rail line needed between Midlands and northern England, study says

    The 80km of track could be built faster and cheaper than axed HS2 leg, says research

    Class 390 154 races north of Rugby as it joins the Trent Valley section of the West Coast Main Line with London Euston to Manchester Piccadilly service
  • Thursday, 12 September, 2024
    UK public finances
    UK government finances are on an ‘unsustainable’ path, watchdog warns

    Demographic pressures and the costs of climate change will weigh on the public finances, says OBR

    An elderly woman holding pound coins
  • Thursday, 12 September, 2024
    Scottish economy
    Scotland on ‘mission’ to pursue private finance for green projects says Forbes

    Government in talks with investors in clean energy to fill gap left by declining North Sea oil sector

    Kate Forbes
  • Thursday, 12 September, 2024
    Chris Giles
    Reeves should tackle excessively generous pensions taxation

    The chancellor must be careful not to increase the damaging incentives in the tax system as she seeks sources of revenue

    Senior citizens wrap up warm to do shopping in Northwich
  • Thursday, 12 September, 2024
    ExplainerNational Health Service
    ‘Dire’ NHS report shows scale of Starmer’s turnaround challenge

    Crisis gripping health service in England is ‘laid bare’ in damning review by Lord Darzi

    Montage shows an NHS medic protesting against cuts in front of backdrops of anti-austerity banners, an image of the coronavirus, small change and a frail elderly person
  • Thursday, 12 September, 2024
    Energy sector
    Grangemouth oil refinery to close after rescue talks fail

    Decision will mean a net loss of 400 jobs and a threat to thousands more

    Shipping containers in port with Grangemouth refinery in the background
  • Thursday, 12 September, 2024
    National Health Service
    NHS to receive ‘no more money without reform’, says Starmer

    Prime minister warns health service will take a decade to repair after damning report

    Keir Starmer and Wes Streeting stand in open shirts holding drinks
  • Thursday, 12 September, 2024
    Tesco PLC
    Tesco warehouse staff win ‘fire and rehire’ case

    Decision by UK Supreme Court to overturn earlier ruling welcomed by shop workers’ union

    Signage outside a Tesco store in south London
  • Thursday, 12 September, 2024
    News in-depthUK manufacturing
    Is there a future for steelmaking in the UK?

    Tata Steel plans to replace its Port Talbot blast furnaces with a less-polluting electric arc furnace

    Port Talbot steel works
  • Wednesday, 11 September, 2024
    UK infrastructure
    UK data centres to be designated critical infrastructure

    Facilities to be given greater cyber protection in effort to minimise potential effect of adverse events or attacks

    Data centre with servers
  • Wednesday, 11 September, 2024
    UK government spending
    UK Treasury refuses to disclose key details of £22bn fiscal ‘black hole’

    Freedom of information request by FT seeking breakdown of government overspend is declined

    Chancellor Rachel Reeves
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