06272017

HS2 franchise: Bidder shortlist revealed

Image copyright PA Image caption An artist’s impression of how the new link will look The companies bidding for the West [...]

Fruit and veg farmers facing migrant labour shortages

Media captionFruit farmers are finding it hard to recruit pickers UK summer fruit and salad growers are having difficulty recruiting pickers, with more than half saying they don’t know if they will have enough migrant workers [...]

Emergency services face £114m rates bill

Image copyright Getty Images Emergency services are set to face a £113.6m business rates tax increase over five years, new data reveals. Police stations will be hardest hit, with police chiefs [...]

Haldane expects to vote for rate rise this year

Bank of England chief economist Andy Haldane says he may vote for a rate rise in the second half of the year. He said leaving a rate hike until too late risks steeper rate rises in the future. Sterling briefly pushed above [...]

UK budget deficit narrows in May to £6.7bn

Image copyright Getty Images The UK’s budget deficit narrowed last month, helped by a recovery in value added tax receipts. The deficit in May stood at £6.7bn, down £300m compared with [...]

Philip Hammond on Brexit: Prioritise jobs and living standards

Image copyright PA Jobs and living standards must come first as the UK negotiates its exit from the EU, Philip Hammond has said. The chancellor said it would require “every ounce of skill [...]

Mark Carney says time not right for interest rate rise

Media captionMark Carney: UK wage growth “anaemic” The time is not right for an interest rate rise, Bank of England governor Mark Carney has said. Wage growth is falling, and the impact of Brexit on the economy is [...]

Carmakers call for transitional EU deal

Image copyright Reuters The government must secure a transitional Brexit deal to protect the future of the UK car industry, a trade group has said. The Society of Motor Manufacturers and Traders [...]

UK growth will be ‘subdued’ as Brexit unfolds, says CBI

Image copyright Getty Images Growth in the UK will “shift down a gear” over the next few years as Brexit talks unfold and consumer spending slows, the CBI says. Slightly upgrading [...]

Merkel reaches out to France’s Macron on eurozone budget

Image copyright Getty Images Image caption Mrs Merkel was speaking at the annual congress of the Federation of German Industry (BDI) [...]