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British Steel costs £1.3m daily to operate after government takeover, with spending watchdogs warning of mounting expenses and demanding clarity on the company’s future viability.
UK lawmakers have called for rejecting a £10bn takeover proposal for Thames Water, the nation’s largest water company, suggesting temporary government administration instead.
Retail sales in Great Britain rose unexpectedly by 0.5% in August, defying analyst forecasts and marking a significant rebound from the previous month’s decline.
Warren Buffett is stepping down as chair of Berkshire Hathaway after six decades leading the conglomerate. His son Howard, 71, will assume the chairmanship while Buffett remains as chair emeritus.
The Conservative Party pledged to restore tax-free shopping for non-EU tourists, reversing a 2021 decision. The party argues the move would boost competitiveness and attract additional international spending to the UK.
Starbucks baristas report health insurance premiums surging by 30% or more starting in October, forcing some workers to consider dropping coverage or seeking additional employment.
