Britons will have to work for longer before claiming the state pension under plans to save the government billions of pounds by raising the official retirement age to 68 sooner than initially planned. The present threshold of 66 will increase to 67 in 2028 and is due to hit 68 in 2046. However, ministers are […]
An Australian-based startup, Recharge Industries, has made a nonbinding offer for the collapsed UK battery company Britishvolt that could revive plans to construct a large plant in northern England. The bid was lodged in the UK late on Tuesday, shortly after a cash crunch at Britishvolt sent the company into administration. The collapse has severely […]
Amazon workers in Britain are taking strike action for the first time, with a third of staff walking out at a warehouse in Coventry in a dispute over pay. About 300 members of the GMB union, out of the 1,000 who work in the company’s warehouse BHX4, were due to stop work from midnight today […]
Working from home has saved Britons an average of 73 minutes each day, according to new research. Most of the time saved has been divided almost equally between more work and leisure activities, a report by the National Bureau of Economic Research found. The shift to working from home began almost three years ago, when […]
National Grid is expected to pay out more than £2m to households and businesses to encourage them to cut their power use at peak times on Tuesday. The electricity system operator plans to run its “demand flexibility service” – which incentivises households in Great Britain to use less power during a designated period – between […]
Ford plans to cut 3,200 jobs across Europe, according to Germany’s largest union, as the carmaker looks to slash costs and shift focus towards electric vehicles. Most of the 2,500 jobs in product development and up to 700 in administrative roles the automaker is hoping to cut are located in Germany, said IG Metall. The […]
Britons cut back on shopping in the final three months of the year, according to new figures that suggest all regions of the UK are facing similar pressures on the cost of living. Asda’s latest income tracker recorded a drop in household income levels throughout the country in the fourth quarter of last year in […]
Twitter is being sued by the Crown Estate amid allegations of unpaid rent at its London headquarters. The Crown Estate, which manages a property portfolio belonging to the monarchy, filed a case at the High Court last week. Twitter’s office is based near Piccadilly Circus in central London – but reports have suggested that the […]
HMRC has added five existing tax avoidance schemes to its online list of tax avoidance promoters, enablers and suppliers – three of which are linked to Michelle Mone’s husband, Douglas Barrowman. Douglas Barrowman, Lady Mone’s husband since they married on the Isle of Man in November 2020, is the founder and chairman of the Knox Group, a […]
Deadpool star Ryan Reynolds has surprised a children’s football team by donating £1,600 so they can buy a new kit. Kayleigh Barton, who set up a fundraising page for her son’s under-12s team – FC United of Wrexham – said she was in “complete shock”. Reynolds and fellow actor Rob McElhenney are owners of the […]