Business

More in Business

US government borrowing costs reach 17-year high amid oil and inflation fears

US government borrowing costs have reached their highest level since 2007 as surging oil prices and inflation concerns drive Treasury yields higher. The 10-year yield peaked at 5.04%, prompting the Treasury to expand its bond buyback programme.

4 min read

Lots of people from behind walking down a street in New York City on a sunny day

State pension set to rise 3.9% next April, lifting full payment above £13,000

The UK state pension is set to rise by 3.9% from April 2027 following today's wage growth figures, potentially lifting the full new State Pension above £13,000 annually. However, rising pension payments will increasingly push retirees above the frozen personal income tax allowance, creating compl...

11 min read

State pension set to rise next year under triple lock

Jaguar Land Rover pursues Nato defence contracts with revamped Defender military vehicle

Jaguar Land Rover is pursuing Nato defence contracts with its redesigned Defender Wolf Series II military vehicle, establishing a dedicated defence division to capitalise on European rearmament spending while competing for a £900 million UK Ministry of Defence tender.

4 min read

Jaguar Land Rover Defender Wolf Series II military vehicle

Sazerac completes £300m acquisition of viral Welsh vodka brand Au

Sazerac has completed its acquisition of Au Vodka for approximately £300 million, integrating the viral Welsh premium vodka brand into its portfolio of over 500 spirits brands. Founders Charlie Morgan and Jackson Quinn are each expected to gain around £100 million from the sale.

4 min read

Two men in black hoodies smile at the camera, with gold-coloured bottles of vodka displayed behind them

Northern Ireland jobs growth stalls as payroll numbers plateau

Northern Ireland's employment growth has stalled with payroll numbers flat at 819,000 from April to August, while unemployment ticked up to 2.4% in July. Employers are cutting temporary staff and reducing hours worked.

2 min read

A stock image of a woman with brown hair tied back. She is holding and looking at a page. She is sitting at a desk with a computer and keyboard and is wearing a black blazer.

State Pension Triple Lock Explained: £488 Rise Expected in April 2027

The state pension is forecast to rise by £488 annually in April 2027 under the triple lock system. The new flat-rate pension would reach £250.70 per week. The triple lock's rising cost has sparked debate, with some calling for reform.

7 min read

An older woman smiles as she looks out of a bus window. She has short grey hair and is wearing a green scarf.

State pension set for 3.9% increase in April under triple lock guarantee

The state pension is expected to rise by 3.9% next April under the triple lock guarantee, based on recent employment data showing slower wage growth and a cooling jobs market.

2 min read

Wales to cut business rates by 30% for pubs, hotels and gyms from April 2027

Wales will introduce a permanent 30% business rates cut for pubs, hotels, gyms and other hospitality venues from April 2027, funded by increases on the largest properties. The measure replaces a temporary 15% cut and aims to revitalise high streets.

6 min read

Rhun ap Iorwerth holding a pint and smiling at the camera. He has a dark grey suit and light blue shirt. Next to him is a woman with curly, brown hair and a pink blazer, with a light blue floral top underneath, she too holds a pint. Next to her is a man who smiles with a beard and glasses, and a black shirt, who also holds a pint. The three are stood behind a bar.

UK could unlock 100+ oil and gas projects with policy changes, industry claims

The UK oil and gas industry claims that 111 new projects could be unlocked with fiscal reforms and approval of the Rosebank and Jackdaw fields, potentially attracting £50bn in investment. Environmental groups dismiss the proposal as unrealistic.

5 min read

Protestors with placards and banners outside the Court of Session in Edinburgh.

Carney pitches Canada as 'safe harbour' to woo global investors amid US trade war

Prime Minister Mark Carney hosts the inaugural Canada Investment Summit on September 14–15, 2026, pitching Canada as a "safe harbour" to over 100 global investors overseeing C$120 trillion in assets. The event aims to attract C$1 trillion in investment over five years as Canada pivots away from U...

7 min read

Mark Carney, in a black suit and tie gestures as he stands in front of a microphone. Behind him, against a dark background, are three red and white Canadian flags in a row.

UK government moves to nationalise troubled Speciality Steel after rejecting private bid

The UK government will pursue public acquisition of Speciality Steel UK after rejecting a private bidder's proposal. The steelworks, employing over 1,300 people across four sites, entered liquidation in August 2025. Acquisition will be funded from existing budgets and subject to due diligence.

4 min read

A steelworks site, pictured against the backdrop of the skyline in Rotherham. Four tall brick towers stand above the rest of the complex buildings. Residential homes can be seen in the far distance, with green fields to the left.

Nigeria's Dangote launches Africa's largest IPO with $2.1bn refinery share sale

Nigerian billionaire Aliko Dangote has launched Africa's largest share sale, offering 4.1 billion shares in his oil refinery to the public. The IPO could raise up to $2.1bn and opens on 14 September 2026. Dangote will retain 84.34% control after the offering.

5 min read

A close-up photo of Aliko Dangote. He is wearing glasses and a suit, with short, salt and pepper hair.

Ad (970x250)

Ad (425x293)