John Healey inherits a politically non-survivable outlook for household incomes, little time to act, and a macroeconomic trap where wrong moves could worsen inflation and borrowing costs.
Mitie has agreed to a £3.1bn takeover by private-equity owned rival OCS Group, ending nearly four decades on the London stock market. The board recommends shareholders accept 221.6p a share.
Shares in defence companies rose sharply after Andy Burnham appointed John Healey as chancellor, with Babcock up 7% and BAE Systems up 3% on FTSE 100.
UK government borrowing fell to £16bn in June, below forecasts, as Andy Burnham announces VAT cut on electricity bills and vows fiscal discipline.
A consortium of Thames Water creditors has proposed a 'golden share' for the government to prevent nationalisation, offering greater public control and oversight.
Exclusive Harris Poll for Guardian reveals Americans' assumptions about stock market and wider economy.
The Trump administration sought phone records of several New York Times journalists and their relatives in an aggressive bid to unmask confidential sources, according to a motion unsealed Monday.
Household electricity bills in Great Britain will not attract VAT for six months from 1 October, saving a typical household £45, but the measure is less beneficial for gas users.
UK public sector borrowing fell to £16bn in June, £7.9bn less than last year, while job vacancies dropped to 712,000 amid a fragile economic outlook.
The likelihood of a Reserve Bank interest rate hike has doubled as the escalating Middle East crisis drives fuel prices higher amid dwindling global oil reserves.
Meliá group says Donald Trump’s sanctions make it ‘impossible’ to keep any of its 34 sites open, ceasing all operations in Cuba at end of week.
Andy Burnham told his first cabinet meeting to explore all possible ways to help families with high costs, aiming to reduce cost-of-living pressures.
President Donald Trump is set to announce new tariffs on dozens of countries as soon as this week, according to the Financial Times.
The Mill House in Birtley, Gateshead, has been taken over by Durham Hospitality Group and will reopen in a few weeks after a spruce-up.
Stephen Robinson says young players must be better than what's in the squad, not a democracy, as Aberdeen look to trim squad to 23 plus three goalkeepers.
Tesco Clubcard holders can save 25% on F&F school uniforms from £3.75 until July 26, with shirts from £1.25 and pinafores for £3.38.
Heidi Alexander, Labour MP and Transport Secretary, is set to introduce mandatory eyesight tests for drivers over 70 as part of a new Road Safety Strategy.
Andy Burnham's VAT cut on electricity from October could reduce home EV charging costs to 1.52p per mile, but critics say it widens the gap with public charging, which remains at 20% VAT.
UK inflation likely eased to 2.7% in June, driven by falling petrol prices, but a 13% energy price cap rise in July will squeeze households.
Yimbly's adjustable sun loungers with 5cm cushion are £72.90 with code SUMMER10, cheaper than Amazon's £80.99. Reviews call them 'super comfy' and 'light enough to lift.'
The Mercedes EQS achieves a WLTP range of 542 miles, the longest of any electric car on sale in the UK, ahead of the Volvo X60 and BMW iX3.
The Weekend Hopper scheme launches this weekend, offering unlimited bus and tram journeys across London for a single £1.75 fare on Saturdays and Sundays until August 31.
Trafford Council approves local plan for 28,000 new homes by 2039, with 76% in northern towns, including 15,000 near Old Trafford stadium.
Bolton council plans to hire five staff for a new HMO licensing scheme, costing £239,000 yearly, funded by landlord fees of £1,211 per HMO.
The 10-acre former De La Rue factory in Gateshead, once a major employer printing banknotes and UK passports, is up for auction with a guide price of £500,000.
Travel YouTuber Ed Chapman compared all-inclusive holidays in Blackpool and Turkey, finding Turkey cheaper and better value despite UK stay costing £130 per night.
Andy Burnham should cap bus fares, offer more free childcare, control rents and scrap the benefits cap to improve the cost of living, experts say.
Benjamin Sesko's ongoing shin injury heightens Manchester United's need for an experienced striker, as Michael Carrick's side lacks goals in pre-season.
A developer plans to build nine five- and six-bed luxury homes on green belt land near Jumbles country park in Bolton, claiming the development will not harm openness.
Dawn dish soap or Fairy liquid cuts through greasy kitchen cabinet grime effortlessly in a two-minute method, costing as little as 89p.