Michael Race

Getty Images Minimum wages will rise in April, with hourly rates for over-21s set to go up to £12.21 an hour, the chancellor has confirmed ahead of Wednesday’s Budget. Rachel Reeves said the pay boost marked a “significant step” towards […]

Businesses have hit out over a potential rise in National Insurance paid by employers, arguing it will make hiring staff and creating jobs harder. Leading business groups in the UK raised concerns over the potential tax rise – something Prime

The cost of borrowing money to buy a home is “unlikely” to return to the low levels seen over the past decade, the boss of the UK’s largest mortgage lender has said. Charlie Nunn, chief executive of Lloyds bank, said

The UK returned to growth in August but the “broader picture” is one of a “slowing” economy in recent months, the official statistics body has said. A bounce back in construction and strong month for accountancy, manufacturers and retail businesses

Getty Images A major shake-up of workers’ rights is on its way, but the reforms proposed are still being worked out and it is still unclear how some will work in practice. Changes could still be made before most of

As the conflict across the Middle East widens, rising oil prices are being closely watched. The cost of oil affects everything from the price of food at the supermarket to how much it costs to fill up your car. The

An accounting system used by Post Office sub-postmasters before the controversial Horizon software was introduced is likely to have also been faulty, an investigation has found. A report said “there was a reasonable likelihood” that the IT system, called Capture,

Almost seven in 10 Post Office sub-postmasters have experienced an “unexplained discrepancy” on the Horizon IT system since January 2020, a survey has revealed. It suggests faults remain in newer versions of the accountancy system still used by the Post

Next said a sharp rise in overseas sales has been helped by the likes of Netflix, Amazon Prime and TikTok “exposing” people to international fashion trends. The High Street retailer reported that overseas revenue jumped by 23% in the first

Interest rates are expected to be held at 5% by the Bank of England on Thursday. The decision at midday comes after it was revealed inflation, which measures the rate UK consumer prices are rising at, remained at 2.2% last