Global oil prices jumped after Israel said it had struck Iran in a dramatic escalation of tensions in the Middle East.The price of the benchmark Brent crude rose more...

Rachel Reeves refuses to rule out future tax rises after economy contracted in April Source link

Getty ImagesThe Met Office has issued multiple warnings for thunderstorms covering southern England, Wales and southern Scotland. Some areas may see torrential downpours of 30-50 mm of rain, which...

Faarea MasudBBC Business reporterGetty ImagesStruggling budget chain Poundland has been sold for £1 and now faces a shake-up which could see up to 100 stores close, the BBC understands.Its...

Michael RaceBusiness reporter, BBC NewsBBCChancellor Rachel Reeves has refused to rule out future tax rises after the UK economy suffered its worst contraction for a year and a half...

Peter Hoskins & Natalie ShermanBBC NewsGetty ImagesTalks aimed at cooling tensions between the US and China have ended in a "deal", according to US President Donald Trump.He said China...

Jayne McCormack & John CampbellBBC News NIPA MediaThe redevelopment of Casement Park is estimated to cost about £260mThe government is to make a financial contribution of £50m towards the...

Ethan SaundersBBC Radio StokeJoe IngletonJoe Ingleton is the owner of Fueled Coffee in UttoxeterHigh business rates could lead to a coffee shop closure, its owner said.Joe Ingleton, who has...

UK companies are holding back on hiring or are not replacing workers who leave, sending job vacancies tumbling, official figures suggest.The number of available jobs fell by 63,000 between...

Charlotte EdwardsBusiness reporterGetty ImagesMore than three-quarters of pensioners will receive the winter fuel payment this year after a major policy U-turn.The decision from Chancellor Rachel Reeves means nine million...

The UK's statistics agency has said the headline inflation rate for April was too high after it discovered it had been given incorrect road tax data by the Department...

Marc AshdownBusiness correspondentGetty ImagesAreas like Newport in Wales, home to the UK's biggest semiconductor manufacturing facility, will be allowed to decide how investment is targeted in their communities.The government...