Brook & Ledger — UK business, markets, and money — for people who read the numbers first.
The Treasury ran a higher than expected budget deficit of £24.5bn last month as rising inflation pushed up the interest paid on government debt, increasing pressure on John Healey before his budget next week. Official…
UK banks are bracing for a potential surge in unpaid debts as cash reserves at UK households plummet to their lowest levels in three years. The country’s top lenders are expected to provision a combined £4bn for…
Speaking in the House of Commons today, Andy Burnham said he had asked the Chancellor and the energy secretary, Miatta Fahnbulleh, to consider stripping “unfair” standing charges from bills. Standing charges are fixed…
Legal tech firm Legora has raised $550m (£410m) in Series E funding at an $8.8bn valuation as it expands its footprint in the US, Europe, and the Asia-Pacific region. The Stockholm-based startup , which creates AI tools…
With some civic buildings still smouldering from recent riots, a fresh bout of selling pushed up the yield – or interest rate – on bonds issued by the second largest economy in the eurozone. The yield on the benchmark…
The Financial Conduct Authority (FCA) has said it intends to take no further action against the firm, according to a statement released by Home REIT on Wednesday. An investigation into the former London-listed social…
There are fears that machine games duty could be doubled to 40 per cent, inflicting an additional £100m in costs on retailers, though recent reports suggest a smaller, more realistic rise may still have adverse…
Shares in the motoring retailer fell as much as eight per cent to 256p on Wednesday morning, putting the brakes on the stock’s gradual recovery in recent months. Halfords posted seven per cent sales growth in the six…
Areas at the centre of the capital’s prime property market shed value in August as house prices across the capital slipped by 2.2 per cent year on year, according to the Office for National Statistics . In Westminster…
The Fan Economy 2026 report, produced by sport and entertainment marketing agency Two Circles , stated: “This growth is a product of not only resilient growth in fandom’s traditional value capture mechanisms – such as…