Main tube upgrades shelved as TfL struggles to steadiness books | UK information

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Plans to improve main components of the London Underground might be placed on maintain after a decline in passenger numbers, authorities cuts and delays to the opening of Crossrail have left the capital’s transport authorities struggling to steadiness…

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Barclays lets cell banking customers block playing and consuming | Enterprise

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Barclays has change into the primary excessive road financial institution to permit clients to dam funds with sure sorts of retailers in an effort to provide folks battling addictions extra management over their spending. The function will likely…

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The labour market is flourishing – however charges will not be rising simply but | Larry Elliott | Enterprise

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Employment is at file ranges. Companies are struggling to rent staff. Pay progress is again to ranges final seen earlier than the monetary disaster of a decade in the past. So what does the Financial institution of England…

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Fracking paused in Blackpool after greatest tremor thus far | Surroundings

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Residents of Blackpool have reported feeling the tremors of an earthquake from close by fracking operations that began two months in the past. The minor earthquake was not solely the most important but however was on a par…

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Retail knowledge suggests UK political turmoil taking its toll this Christmas | Enterprise

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Poor figures from John Lewis, and a slowdown at Tesco and Sainsbury’s has raised contemporary issues that the unsure political local weather is taking its toll on shopper confidence this Christmas. December is essentially the most profitable time…

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IMF warns storm clouds are gathering for subsequent monetary disaster | Enterprise

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The storm clouds of the subsequent world monetary disaster are gathering regardless of the world monetary system being unprepared for the subsequent downturn, the deputy head of the Worldwide Financial Fund has warned. David Lipton, the primary deputy…

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George HW Bush was fiscally accountable – in contrast to Donald Trump | Jeffrey Frankel | Enterprise

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When George HW Bush was laid to relaxation final week, the encomiums appropriately remarked on his common decency and competence, which tended to be adopted by a “however”. For journalists and historians, it’s “however he was solely a…

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UK employees get largest pay rise in a decade | Cash

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British employees secured their largest pay rise in a decade within the three months to October, regardless of an increase in unemployment that exposed cracks in Britain’s beforehand strong labour market forward of Brexit. Common weekly earnings, together…

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MySale shares plunge by greater than 50% after earnings warning | Enterprise

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MySale, the net flash-sale retailer part-owned by retail tycoons Sir Philip Inexperienced and Mike Ashley, issued a shock earnings warning on Tuesday, prompting a plunge within the shares that worn out nearly half the corporate’s market worth. In…

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WPP promoting group to chop 3,500 jobs in £300m restructuring | Enterprise

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WPP is to chop 3,500 jobs worldwide and shut or merge nearly 200 places of work because the embattled promoting group seeks to restructure after a torrid 12 months that included the exit of its founder and chief…

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