Business | kieranbrookholmes.co.uk

'Quiet quitting' could be hitting the economy - here's why

Over the last decade, Britons have become less engaged with the jobs they do and are less willing to put in extra effort, according to a Resolution Foundation report. The thinktank said this could partly help explain the…

The IPO catch: Why the best deals are often the hardest to buy into

The first applied in June and got them at the $135 initial public offering (IPO) price. The second missed out and bought at the end of the first day's trading, at $160.95. By the end of October, in dollar terms, the…

Apple unsure when it will get more foldable iPhones ahead of Christmas

The iPhone Duo sold out just over a week after its launch, despite being Apple's most expensive smartphone at a cost of nearly $2,000. The company warned of "constraints" in sourcing key components and admitted it was…

Private workers to get guaranteed pension income for life in bid to close savings gap

Under new plans set out by pensions minister Torsten Bell on Tuesday, providers will be required to offer workers an annual income as standard in retirement. The plans, dubbed ‘Guided Retirement’, will “resurrect” the…

Mortgage squeeze looms for millions as more families ‘financially strained’

More people are feeling a financial strain than at any other time in the last two years, polling has shown, with a rise in mortgage bills set to put household budgets under greater pressure. New City AM /Freshwater…

Virgin Media O2 confirms thousands of UK job cuts in £800m cost-cutting drive

The telecoms giant said around £300m of the total savings would come from cutting its 16,000-strong workforce in the UK, with aims to reduce its staff costs by around 30 per cent by 2029. The company has not disclosed…

Barclays begins early motor finance payouts as FCA sets ground rules

Barclays will begin offering payouts to motor finance consumers ahead of the forthcoming legal battle after the City watchdog introduced its “minimum expectations” for lenders wishing to settle early. The bank said it…

Regulators explore credit union reforms to support growth, innovation and better outcomes for members

Credit unions, which are member-owned and typically focus on savings and personal loans in a specific occupation, community or area, have over two million members in the UK. Building on the joint PRA and FCA 2025 Mutuals…

Prem Rugby champions Northampton Saints cut losses amid investment talks

The team, who won their second Prem Rugby title in three years in May, cut losses for last season to £932,000, down from £1.83m the year prior. Results released by Northampton Saints this morning cited a number of…

Asda appoints former Morrisons boss as chief executive as sales struggle

The UK's third largest supermarket said its 73-year-old executive chair, Allan Leighton, who has been running the business since 2024 , would now step back to a non-executive role focusing on "the long-term strategic…