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UK services sector shrinks at fastest pace since 2023; global shares tumble after US tech sell-off – business live | Business

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Key eventsCampaigners lose High Court challenges over Gatwick expansionCampaigners have lost their High Court challenges over the expansion of Gatwick Airport, but vowed to...
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Rail passengers told to travel only if essential amid red extreme heat warning | Rail industry

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Rail passengers have been told to attempt to travel only if “absolutely essential” and check trains are running, with extreme heat expected to disrupt...
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Pound and UK bonds holds steady as prime minister Keir Starmer confirms resignation – business live | Business

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Key eventsUK 10-year gilt yield edges lower as Wes Streeting backs Burnham for prime ministerMarkets are reacting positively t the prospect of an unopposed...
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Business

Burnham ally to unveil ambitious plan to reverse decades of privatisation | Andy Burnham

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Andy Burnham’s government should reverse 40 years of privatisation with a long-term plan to take over failing utilities in administration, issuing “bonds for shares”...
Business

Revealed: Brexit voting areas have seen faster growth in foreign workers since EU referendum | Brexit

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Leave-voting areas have seen faster relative growth in foreign workers since the Brexit referendum, a Guardian investigation has found.Data analysis suggests that the decade...
Business

JLR at risk of battery supply delays after Somerset factory turmoil | Jaguar Land Rover

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Jaguar Land Rover faces the risk of delays to the first deliveries of electric car batteries from a £5.2bn government-backed factory in Somerset after...
Business

Boats, bankers and borders: five symbols that sum up Brexit a decade on | Brexit

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Ten years ago the UK voted 52% to 48% to leave the European Union, triggering a long and tortuous political process.It took until 1...
Business

Heathrow third runway GDP yield may be 90% less than previous estimates | Heathrow airport

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The economic boost from a Heathrow third runway could be a tiny fraction of previous estimates, government analysis shows, while the overall trade-off from...
Business

UK public finances under pressure after surge in borrowing; water company shares fall after Burnham win – business live | Business

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Introduction: UK borrowing surges over forecasts in MayGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The...
Business

Bank of England governor warns UK public to expect higher costs this year | Bank of England

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The governor of the Bank of England has warned consumers to expect higher costs this year as a result of the conflict in the...
Business

UK inflation stays at 2.8% as slowing food prices offset rising transport costs | Inflation

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UK inflation unexpectedly remained at 2.8% in May, as rising energy costs caused by the Iran conflict were offset by slower increases in food...
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UK services sector shrinks at fastest pace since 2023; global shares tumble after US tech sell-off – business live | Business

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