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UK government borrowing narrowly undershoots forecasts; oil rising over $100 amid strait of Hormuz deadlock – business live | Business

Introduction: UK borrowing undershoots forecastsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Britain’s government borrowing has...

City firms bank on ‘savvy’ advertising campaign to push Brits towards investing | Investments

City firms are pinning their hopes on a government-endorsed advertising blitz fronted by a finance “savvy” CGI squirrel to encourage cautious British savers to...

South East Water boss in line for £400,000 bonus despite outages | Water industry

The boss of the company that has left thousands of households in south-east England without water for days is in line for a £400,000...

Offshore windfarm contracts to fuel 12m homes in Great Britain after record auction | Renewable energy

A make-or-break auction for the UK government’s goal to create a clean electricity system by 2030 has awarded subsidy contracts to enough offshore windfarms...

Labour revives Northern Powerhouse Rail project with pledge of £45bn funds | Infrastructure

Long-awaited plans for better railways across the north of England have been given government backing with an undertaking to “reverse years of chronic underinvestment”...

Global central banks offer ‘full solidarity’ to US Fed’s Powell amid Trump threats | Federal Reserve

Global central banks have issued an extraordinary joint statement offering “full solidarity” to the US Federal Reserve chair, Jerome Powell, in the face of...

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