UK supermarket price inflation hits record high, adding £788 to annual bills

Milk, eggs and dog food were grocery items with fastest price rises, figures from Kantar show Britain’s retailers have said shop price inflation has yet to peak this year, with the cost of basic ess...... Read more

Almost 13,000 offshore companies with UK property fail to declare owners

The companies may now face fines and a ban on selling their land, the government has saidAlmost 13,000 offshore companies holding UK property have failed to declare their ultimate owners and may now f...... Read more

Costa cappuccinos deliver nearly five times as much caffeine as Starbucks ones

Which? study reveals huge disparity in the amount of caffeine delivered by high street coffee chainsCoffee lovers looking for a strong pick-me-up should avoid Starbucks and head to Costa, after it eme...... Read more

UK benefit changes have pushed people into dead-end, low-paid jobs, says IFS

Tougher rules have boosted employment but jobs offer scant career progression and contribute little to tax revenueTougher benefit rules have boosted employment in the UK in the past 25 years but only ...... Read more

England to have almost no trains running on Wednesday as drivers strike

First of two walkouts by Aslef members will affect 14 operators, 10 of which will run no servicesRail passengers across Britain face more disruption on Wednesday, with no trains at all running on most...... Read more

Infosys: firm founded by Rishi Sunak’s father-in-law in UK tax dispute

HMRC and the Indian IT services firm disagree over corporation tax bill of about £20mInfosys, the company founded by Rishi Sunak’s father-in-law NR Narayana Murthy, is in a multimillion-pound dispu...... Read more

UK demand for mortgages slumps as interest rates deter buyers

Bank of England figures also reveal many households are dipping into savings, rather than using credit cardsDemand for mortgages has collapsed to its lowest level since the depths of the 2020 lockdown...... Read more

UK drops down global corruption index after string of scandals

Transparency International warns of UK’s ‘woeful inadequacies’ as Qatar, Russia and Brazil slide down listThe UK has fallen sharply down the global corruption league table after a report warned ...... Read more

Tesco to make big changes to stores, affecting 2,100 jobs

Supermarket chain to reduce number of shop managers and close remaining counters and hot delisTesco has announced a shake-up of its shop management in large UK stores along with the closure of its rem...... Read more

Brexit is a ‘complete disaster’ and ‘total lies’, says Tory business boss

Private equity veteran Guy Hands says Boris Johnson ‘threw the country and the NHS under the bus’Guy Hands, a leading City figure, has called Brexit a “complete disaster” and a “bunch of tot...... Read more

Brexit is a ‘complete disaster’ and ‘total lies’, says Tory billionaire

Private equity boss Guy Hands says Boris Johnson ‘threw the country and NHS under the bus’Guy Hands, a leading City figure, has called Brexit a “complete disaster” and a “bunch of total lies...... Read more

Tesco to make big changes to stores, putting 2,100 jobs at risk

Supermarket chain to reduce number of shop managers and close remaining counters and hot delisTesco has announced a shake-up of its shop management along with the closure of its remaining counters and...... Read more