Business

The UK government borrowed more than anticipated in June, adding pressure on the chancellor, Rachel Reeves, to address the country's financial situation. Data from the Office for National Statistics (ONS) revealed that public sector net borrowing increased to £20.7bn—up by £6.6bn compared to the same

England and Wales’ struggling water sector is set for stricter oversight after a major review, which includes plans for a new regulatory body to address past failures. Following what the report’s author, Sir Jon Cunliffe, described as a crisis moment for water and sewage companies, the government revealed it

The London Stock Exchange Group (LSEG) is reportedly evaluating the possibility of introducing round-the-clock trading, as part of efforts to enhance the appeal of the UK market for investors. LSEG, which oversees Britain’s primary stock exchange, is assessing the feasibility of extending trading hours, according to sources

Ryanair is reviewing the possibility of raising incentives for employees who identify passengers carrying oversized luggage, according to its CEO. The low-cost airline currently pays workers roughly €1.50 for stopping customers from taking improperly sized bags on board. Reports from the Sunday Times, based on a former worker’

A new, more effective regulatory body should replace Ofwat, the Drinking Water Inspectorate, and the Environment Agency to reform a sector marred by controversies over sewage pollution and financial instability, according to a key review. The government is likely to accept the proposal for England and Wales, outlined in the

The average price of homes listed for sale saw its sharpest monthly decline in over two decades in July, according to a real estate platform, following the expiration of temporary reductions in stamp duty and recent hikes in council tax on additional properties. New sellers reduced their asking prices by