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Illustration shows British Pound banknotes

Soaring energy costs push UK public borrowing to November record

British public borrowing unexpectedly jumped last month to hit its highest for any November on record, reflecting the mounting cost of energy subsidies, debt interest and the reversal of an increase in payroll taxes, official figures showed on Wednesday.
UK nurses will stage a second unprecedented strike amid an increasingly acrimonious fight with the government for better wages

UK nurses stage new walkout over pay

UK nurses on Tuesday staged a second one-day strike amid an increasingly acrimonious fight with the government for better wages and warnings that patient safety could be jeopardised.
A court room of a regional court is seen during a break of a trial against British banker

UK watchdog narrows dividend-stripping investigation

A British investigation into a trading scheme that claimed multiple tax rebates on dividend payments, said by European countries to have siphoned billions of euros from state coffers, is now focused on nine companies and three individuals, a Freedom of Information (FOI) request shows.
Public and private sector workers have gone on strike this year demanding higher wages

UK inflation slows, remains close to 11 percent

British inflation slowed more than expected in November but remained near the highest level in more than 40 years, official data showed Wednesday, as a cost-of-living crisis sparks fresh UK strikes.
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