The ONS figures showed that interest payments on government debt hit £9.1bn last month, the highest October figure since monthly records began in 1997. Borrowing
Category: Business
US proposes breakup of Google to end search monopoly
The DOJ case against Google was filed in the closing months of the first administration of Donald Trump. With the President-elect set to return to
Archegos founder Bill Hwang sentenced to 18 years in prison
Prosecutors had also been seeking a restitution payment but the judge has not announced his decision on the matter. The sentencing hearing is set to
Is nuclear power regaining energy?
But nuclear development did not stop. In China, for example, there were 13 nuclear reactors in 2011. There are now 55, with another 23 under
US charges Indian billionaire Gautam Adani with fraud
The conglomerate has been operating under a cloud in the US since 2023, when a high-profile company published a report accusing it of fraud. The
Ofwat rules out customers paying £195,000 Thames Water boss bonus
Ofwat has new powers to prevent bonuses being funded from customer bills if the company is judged to have missed environmental or performance targets. Weston,
More tenants could be excluded from Right to Buy, Rayner proposes
The housing department has proposed increasing the minimum amount of time tenants have to live in their social home before buying them from the current
UK inflation: Four things the latest figures tell us
With inflation much lower than its peak, the Bank has – and still is – expected to reduce interest rates. But recent events, such as
Cost of living and inflation are not the same thing
There was no surprise that the rate of inflation jumped again, reflecting the recent hike in the energy price cap. The new news today is
Ford to cut 800 UK jobs as electric car sales flag
Meanwhile in Britain, the government is coming under intense pressure from the car industry over rules designed to force them to build more electric vehicles.