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7h King vows to ‘strengthen connections’ between UK and Germany
8h Pope Francis taken to hospital with pulmonary infection
11h Beware of sudden, violent protests in central Paris, Britons warned
13h Putin ‘private army’ badly damaged in Bakhmut battle, its head admits
14h Speed to be cut to 20mph on major roads in five boroughs this week
13h London Shuffle Club fined £10k after mouse droppings found in kitchen
Business News
Public investment projects constitute a fifth of all investment in the UK (Lynne Cameron/PA)
Business News
3m

Weak public investment an ‘institutional failure of the British state’ – report

A think tank has called for an end to political and fiscal incentives that harm public services and hinder economic growth.
Economic experts have warned of high inflation throughout 2023 and ‘significant price rises’, particularly for food (PA)
Business News
3m

Increase in car production shows industry is on road to recovery, says SMMT

Production was helped by the easing of a two-year long shortage of semiconductors.
Business News
3m

NHS payments ‘not reaching’ at-home dialysis patients

NHS hospitals are getting the funds, but a charity has said these are not reaching patients.
Business News
3m

Driving test backlog to be tackled by changes to booking system

The Driver and Vehicle Standards Agency hopes to discourage drivers from booking tests before they are ready.
Business News
3m

Around £21bn lost to fraud since start of pandemic, says watchdog

The National Audit Office said that it was ‘very unlikely’ that most of the taxpayers’ money will be recovered.
Business News
3m

UK private sector contracts for eighth consecutive quarter

However, the Confederation for British Industry (CBI) said its latest growth report showed ‘signs of green shoots’.
Business News

Scottish Power inks turbine deal for world’s second-largest offshore wind farm

The deal, with Siemens Gamesa, will build enough capacity to supply about 1.3 million homes when the wind is blowing, the company said.
Business News

Profits slip at Asda as shoppers hit by cost-of-living crisis

Mohsin Issa, co-owner of Asda, said the retailer delivered a ‘highly resilient’ performance during the year.
World

Adidas backtracks on US Black Lives Matter design opposition

Sportswear giant had opposed trademark application from Black Lives Matter Global Network Foundation

Business News

Ovo Energy set to bid for Shell’s 1.4 million domestic customers

The deal would cement Ovo’s position as one of the UK’s biggest energy suppliers.
Business News

British Gas moves forward prepayment charges change to save households about £15

The supplier, which has 1.2 million prepayment customers, will implement a Government mandate three months early.
Business News

Unions say Illegal Migration Bill is a ‘gift to dodgy employers’

The TUC has also accused the Government of ‘turning its back’ on modern slavery victims.
Business News

UBS appoints former boss to lead ‘urgent and challenging’ Credit Suisse merger

Sergio P. Ermotti will replace Ralph Hamers as group chief executive, returning to the role he held for nine years until 2020.
Business News

Sparkling wine sales fizz for Chapel Down amid price rises

The Kent-based business said sales of traditional-method sparkling wine surged by more than 50% over 2022.
Business News

Next sees price hikes easing over the year ahead

The retail giant reported a 5.7% rise in pre-tax profits to £870.4 million for the year to January.
Business News

Bupa Dental Care to cut 85 practices in a move affecting 1,200 staff

The dental care provider blamed a national shortage of dentists and systemic challenges across the industry for the decision.
Business News

Unsafe electricals flooding UK market, charity warns

Electrical Safety First found unsafe electricals ranging from heaters to blenders on leading online marketplaces.
Business News

Big broadband firms ‘mediocre at best’ ahead of inflation-busting price rises

TalkTalk has been rated the worst major broadband provider, losing out to smaller firms such as Zen, in an annual survey by Which?
Business News

Work-related stress costs UK economy £28bn a year, research shows

More people said they were struggling in the UK than in any other country, according to a survey of 30,000 people in 16 nations.
Business News

Junior doctors urged to back strike action in battle for higher pay

BMA members in Scotland will receive a ballot on Wednesday asking them whether they want to go on strike.
Business News

Safety warning as lighthouse workers balloted on strike action

The Unite union has warned that industrial action would create major safety issues for vessels.
Business

Next to buy Cath Kidston out of administration – but jobs will be cut

Some of Cath Kidston’s 125 staff will be made redundant because of the closures

Business News

Gambling White Paper ‘desperately’ needed, says former Tory leader

Sir Iain Duncan Smith, the vice-chair of a parliamentary body on gambling reform, said he believed the Government was listening.
Business News

Strong demand for Christmas beauty products drives Boots sales higher

The pharmacy and retail business revealed that overall sales rose by around 11% in the UK over the three months to February 28.
UK

Surge in supermarket food prices fuels big squeeze

Record rise in cost of shopping sends annual bill for food and drink staples up £837

Business News

William Hill failings ‘widespread and alarming’ – regulator

One customer was allowed to open a new account and spend £23,000 in 20 minutes without any checks.
Business News

Ocado sees shoppers continue cutting back as food inflation yet to peak

The group’s retail arm – run as a joint venture with Marks & Spencer – delivered a 3.4% rise in revenues to £583.7 million in its first quarter.
Business

Bank of England chief: HSBC was only reasonable bidder for SVB UK

Other prospective bidders, Andrew Bailey said, either never submitted a firm offer or attached terms the Bank couldn’t agree to

Business News

Water firms urged to be more ‘creative’ in how they charge customers

Ofwat is calling on firms to trial ‘innovative ways’ of charging customers, to make bills more affordable and save supplies.
Business

Bellway sees signs of recovery as buyers adjust to new mortgage rates

“Customers are adapting to new mortgage rates which are around the 4% mark,” CEO Jason Honeyman said

Business News

Diageo’s Ivan Menezes to step down as chief executive

The spirits giant has appointed Debra Crew as its first female chief executive following Mr Menezes’s retirement.
Business News

Shoppers turn to multiple supermarkets as grocery inflation reaches record high

Grocery price inflation has reached a record 17.5%, adding a potential £837 to the average household’s annual shopping bill.
Business News

‘Stop moaning’ and show ambition on green energy, Miliband to tell Government

The shadow climate secretary will use a speech on Tuesday to stress Labour’s ambition on green investment.
Business News

Flights cancelled during Easter getaway as airport security guards strike

Members of the Unite union at Heathrow will walk out for 10 days on Friday after talks to avert the action failed last week.
Business News

Spike in economic inactivity was unexpected after the pandemic – Bailey

The Bank of England governor said experts had tipped a jump in unemployment as furlough ended in September 2021.