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Hospitality industry urges Andy Burnham to lay out VAT cut plans

Hospitality industry urges Andy Burnham to lay out VAT cut plans

The hospitality sector has called on Prime Minister Andy Burnham to detail a VAT reduction strategy, citing a pledge that remains unfulfilled. Over 800 establishments have submitted a joint letter warning that failure to deliver the cut could lead to additional closures and job losses. The industry seeks clarity on how the proposed relief will be implemented.

Mohamed Al Fayed abuse compensation claims could reach £150m, says law firm

Mohamed Al Fayed abuse compensation claims could reach £150m, says law firm

A law firm representing women who allege sexual abuse by Mohamed Al Fayed estimates total compensation could reach about £150 million. The firm says the 275 individual claims together far exceed the sum Harrods has set aside in the United Kingdom for settlements. Payouts may be spread over several years and could involve substantial legal costs for the victims.

A joyful harvest: the young Welsh farmers growing food for Birmingham

A joyful harvest: the young Welsh farmers growing food for Birmingham

Charity Grow Powys supplies farmland in rural Wales to a group of young farmers who cultivate vegetables and fruit for schools in Birmingham. The partnership enables the growers to gain experience while delivering fresh produce to city children, addressing food access and supporting local agriculture. The initiative highlights collaborative efforts between rural communities and urban education programs.

Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UK

Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UK

Rising inflation is driving central banks in Japan, the United States and the United Kingdom to reconsider monetary policy as they convene this week. Heightened geopolitical tension from the Iran conflict and volatility in global bond markets are adding further strain. Decision‑makers are expected to weigh these factors when setting interest rates in their respective economies.

Many professionals take continuing education. Let’s add etiquette classes | Gene Marks

Many professionals take continuing education. Let’s add etiquette classes | Gene Marks

Continuing education is increasingly common among professionals, but the author argues that etiquette training should also become a standard component. As U.S. workplaces grow more diverse, understanding appropriate behavior and communication across cultures can improve collaboration and reduce misunderstandings. Incorporating such soft‑skill courses alongside technical learning could help employees navigate modern office dynamics more effectively.

The perilous economic conditions facing the UK can be traced back to Trump | Richard Partington

The perilous economic conditions facing the UK can be traced back to Trump | Richard Partington

Richard Partington argues that the United Kingdom's current economic challenges stem partly from policies enacted by U.S. President Donald Trump, which have heightened the cost of servicing government debt. As Labour’s finance minister John Healey prepares the autumn budget, the article suggests that these external fiscal pressures are compounding domestic fiscal strain, influencing the budgetary outlook.

Mapped: the £150bn megaproject that aims to protect Britain from energy shocks

Mapped: the £150bn megaproject that aims to protect Britain from energy shocks

Britain is planning a £150 billion infrastructure programme to add thousands of kilometres of new transmission lines, aiming to meet climate goals and improve energy security. The scheme, described as a megaproject, is expected to raise electricity bills temporarily while facing criticism from environmental groups and local communities opposed to the construction. The government has mapped the network, but opponents are mobilising protests and legal challenges.

‘We can see into the other room’: insurers face surge in subsidence claims

‘We can see into the other room’: insurers face surge in subsidence claims

UK insurers report a sharp increase in subsidence claims after two record‑hot summers caused soil movement and cracks in residential walls across the UK. Homeowners say they are stressed by the damage, and insurers are preparing for higher payouts while revising risk assessments. The surge strains reserves and prompts calls for updated underwriting guidelines in the coming years.

‘Costing billions’: is the pensions triple lock a lifeline or simply unaffordable?

‘Costing billions’: is the pensions triple lock a lifeline or simply unaffordable?

UK ministers face pressure over the pension triple‑lock, a guarantee that pensions rise each year by the highest of inflation, earnings growth or 2.5%. Critics argue the policy costs billions and may become unsustainable, while supporters claim it protects retirees’ living standards. With the next budget approaching, the government must decide whether to maintain, modify or abandon the pledge.

Extra fishy: your tinned mackerel may not be what you think it is

Extra fishy: your tinned mackerel may not be what you think it is

Consumer group Which? has raised concerns that many tins labelled as mackerel actually contain jack mackerel, a different species used as a substitute because of declining wild stocks. The group says the practice misleads shoppers and may breach labeling rules, urging regulators to enforce stricter species identification and transparency in seafood packaging through improved testing and clearer labeling standards.

US consumer prices stayed high in August as Iran war pushed energy costs up

US consumer prices stayed high in August as Iran war pushed energy costs up

U.S. consumer prices stayed high in August, with the annual inflation rate unchanged at 3.4%. Higher energy costs, spurred by the Iran conflict, lifted the headline figure. Core inflation, which excludes food and energy, rose to 2.4%, showing persistent price pressures. The Labor Department said the CPI increased 0.6% from July. This month‑over‑month gain suggests inflation remains above the Federal Reserve's 2% goal.

‘Just worry upon worry’: Europe faces a bleak winter as supply shock pushes factories to the brink

‘Just worry upon worry’: Europe faces a bleak winter as supply shock pushes factories to the brink

Europe is confronting a severe winter energy shortage as dwindling gas reserves and rising prices strain factories across the continent. Production in regions from the UK to Germany is hampered by supply disruptions, prompting concerns over industrial output and economic stability. Authorities warn that the crisis could deepen if alternative supplies are not secured promptly.

New battery-powered trains will ‘bring faster journeys to north’

New battery-powered trains will ‘bring faster journeys to north’

Government officials announced a new fleet of battery‑powered trains to be manufactured in Derby, aiming to cut travel times on northern routes. The project is expected to create around 6,000 jobs throughout the United Kingdom, supporting the rail industry’s shift toward greener technology while boosting regional employment and economic activity. The No 10 office highlighted the environmental benefits and the potential to modernise the network.

UK economy defies forecasts with surprise 0.4% growth in July

UK economy defies forecasts with surprise 0.4% growth in July

Britain’s economy expanded by 0.4% in July, exceeding analysts’ expectations. The growth came despite higher borrowing costs and lingering inflation pressures, and arrives just before Chancellor Jeremy Healey prepares his inaugural budget. Officials said the uptick reflects resilient consumer spending and a modest rebound in services, though uncertainty remains over future monetary policy and fiscal plans.

UK GDP report to show if economy kept growing in July –business live

UK GDP report to show if economy kept growing in July –business live

Tomorrow the United Kingdom will publish its gross domestic product figures for July, providing the latest indication of whether the economy continued to expand. The release follows a period of mixed economic signals, including recent inflation and labour market data. Analysts and policymakers will assess the numbers to gauge growth trends and inform future fiscal and monetary decisions.

The ‘great grid upgrade’ is off track – ministers should spell out the risks for bills | Nils Pratley

The ‘great grid upgrade’ is off track – ministers should spell out the risks for bills | Nils Pratley

The National Audit Office says the UK’s £70 billion electricity network upgrade is lagging behind its timetable and exceeding its cost estimates. It urges the government to be clearer about the financial and operational risks linked to the programme and to ensure that upcoming legislation reflects those uncertainties. The report highlights a need for greater transparency.

Speed up electricity grid upgrade or else face higher bills, warns UK watchdog

Speed up electricity grid upgrade or else face higher bills, warns UK watchdog

Britain’s energy regulator has warned that delays in modernising the electricity transmission network could push consumer bills higher. The National Audit Office estimates the upgrade will cost around £70 billion and argues that postponing it would also constrain economic growth for the country. Officials say timely investment is essential to meet future demand and climate targets and reliability.

Global bond sell-off resumes as surging oil prices stoke fears about inflation

Global bond sell-off resumes as surging oil prices stoke fears about inflation

Rising oil prices, now over $107 a barrel, have reignited a global bond sell‑off as investors worry about inflation and mounting government debt. The surge follows tensions in the Middle East and concerns that high borrowing could push rates higher. The move has pressured bond yields worldwide, prompting a shift toward safer assets for.

The hospitality industry fears a tourist tax will deter visitors – the evidence says otherwise

The hospitality industry fears a tourist tax will deter visitors – the evidence says otherwise

European destinations that have added tourist levies report no decline in visitor arrivals, according to recent studies. Analysts say the extra charges, aimed at funding local services, have not deterred travelers. Data from popular hotspots shows stable or growing numbers, challenging the industry’s worry that a tourist tax would reduce tourism. The findings suggest the levies are acceptable to visitors.

Vauxhall factory closure shows that capitalism is alive and well in Luton | Letters

Vauxhall factory closure shows that capitalism is alive and well in Luton | Letters

The letter addresses the recent shutdown of Vauxhall’s Luton plant, echoing concerns about the local workforce and economic impact. It responds to Aditya Chakrabortty’s Guardian piece, arguing that the closure illustrates the persistence of capitalist dynamics in the UK. The writer reflects on job losses, supply chain effects, and the broader debate over industrial policy.