Members of the former Liverpool Victoria vote this week on a deal that may be the last gasp of a more equitable eraAfter 178 years of history, mutual insurer LV= faces a crunch moment this week, when its members decide whether to sell to US private equ…
Embattled property firm Evergrande rattles financial markets
Investors worried about Chinese developer draw parallels with 2008 collapse of Lehman BrothersChina’s embattled property developer Evergrande Group has caused concern among investors worldwide. With $300bn (£220bn) owed to its creditors and key debt in…
Autumn budget must show financial firepower behind ‘levelling up’ | Richard Partington
As the UK economy enters a rough patch, government needs to give substance to its flagship soundbiteBritain’s economic recovery from lockdown is stalling and inflation is on the rise. With the approach of autumn, prophecies made earlier this year for a…
Covid cases remain elevated as UK travel takes off
Our latest snapshot of key economic indicators also finds cooling inflation and supply chain chaosCoronavirus – latest updatesShare your experiences of the UK supply chain shortage Continue reading…
UK in Brexit climbdown as safety rule deadline extended
Manufacturers will have an extra year to start using UKCA mark, which is replacing EU’s CE markThe government has pushed back a deadline for the launch of post-Brexit product safety standards by allowing companies to follow EU rules until 2023, in the …
UK economy still faces major challenges despite return to ‘normality’ | Richard Partington
‘Freedom day’ was supposed to bring business as usual but Nando’s is out of chicken and carmakers are low on chipsFirst there were empty supermarket shelves and “pingdemic” staff shortages; now Nando’s is out of chicken and the car industry short of ch…
Banking chiefs head for the hills in bid to leave cheap money behind
At the Jackson Hole bankers’ summit this week, the talk will be of ending quantitative easing – and this time it will be seriousIt is credited with preventing the worst global recession since at least the second world war from turning into something fa…