UK economy

‘Socialistic’ London has lost its mojo, says Wizz Air boss

Business
Robert Johnson

It makes the prospect of Mr Váradi receiving his £100m bonus, first promised in 2021, faint. Under the terms of the deal, the ...

The radical new Dutch government is the canary in the EU coal mine

World
Emily Foster

Electric car subsidies will be scrapped, while heat pumps will no longer be mandatory. “Red diesel” will be brought back for farmers, ...

Energy bills to fall to lowest level in two years

Business
Robert Johnson

Thanks for joining me. We begin the day with figures showing retail sales unexpectedly slowed in China as and the property sector ...

Strong wage growth hits hopes of interest rate cut

Business
Robert Johnson

Thanks for joining me. Average wages have grown faster than expected in a blow to hopes for interest rate cuts in June. ...

Wages grow more in 12 months than over previous 16 years

Business
Robert Johnson

Wages have grown more over the past 12 months than over the previous 16 years, despite the productivity crisis plaguing Britain’s workforce, ...

Tax rises inevitable regardless of who wins election, economists warn

Business
Robert Johnson

Thanks for joining us. The Bank of England will announce its next decision on interest rates at noon.  We will have live ...

Every household should be forced to have a smart meter, says British Gas boss

Business
Robert Johnson

The chief executive of British Gas has said every household should be forced to have a smart energy meter to help hit ...

Britain would be better off with fewer buy-to-let landlords, says L&G

Business
Robert Johnson

It emerged last month that UK rents rose at a record rate of 9.2pc in March, taking the average monthly rent across ...

Hong Kong stocks surge as China bails out markets

Business
Robert Johnson

Thanks for joining me. Hong Kong led another rally across Asian markets thanks to a surge in tech giants, putting it on ...

Shell smashes estimates with £6.1bn profit

Business
Robert Johnson

Oil giant Shell surprised markets with profits that came in more than £1bn higher than analyst estimates. Adjusted net income, its preferred ...