Business

Warning over record number of people in 'very deep poverty'

The number of people living in "very deep poverty" in the UK is at the highest level in more than 30 years, a charity has warned.

Claire's collapse into administration renews high street fears

The British operations of Claire's, the accessories retailer, have collapsed into administration just four months after their last brush with insolvency, putting more than 1,000 high street jobs at risk.

Tech rental subscription service Raylo clicks on £30m fundraising

A consumer tech rental service which has struck partnerships with Apple, Dyson and Sony's PlayStation brand has landed £30m in new financial backing and an alliance with LG, the Korean electronics giant.

UK bank fined for breaking Russia sanctions

Bank of Scotland (BoS) has been fined by a regulator for breaking sanctions related to Russia's war in Ukraine.

South East Water action group demands boss’s immediate removal

A community action group in Tunbridge Wells is demanding the “immediate” sacking of South East Water’s chief executive after weeks of outages which have left tens of thousands of customers without water.