Business

Victims of the Post Office Capture scandal say they are being treated as second-class citizens – accusing the government of running a “two-tier” compensation system. It comes as the Department for Business and Trade announced the launch of the first-ever redress scheme for those wronged after faulty software created false accounting shortfalls in the 1990s….

Every month, the Money blog interviews top chefs from around the UK, hearing about their cheap food hacks, views on the industry and more. Today they speak to Sian Almond, senior chef de partie – and former breakfast supremo – at the Michelin-starred restaurant Pavyllon London. My favourite budget recipe is… a spag bol, absolutely…

Roughly 14,000 corporate jobs are to go at tech giant Amazon, the company announced. The impact on the 75,000-strong UK workforce is not immediately clear from the announcement, which said impacted people and teams would hear from leadership on Tuesday. Money blog: ‘We’ve assets worth £1m – how much inheritance tax will we owe?’ A…

Rachel Reeves is unlikely to raise the basic rates of income tax and national insurance in order to avoid breaking a promise to protect “working people” in the budget. It comes as Sky News has obtained an internal definition of “working people” used by the Treasury. Officials have been tasked with protecting the income of…

KitKats, Gaviscon, toothpaste, and even Freddo have all fallen victim to shrinkflation, consumer group Which? has found. As families struggle with the cost of a trip to the supermarket, a survey of shoppers revealed how many products are getting smaller – while others are being downgraded with cheaper ingredients. Among the examples are: • Aquafresh…

Airline Eastern Airways has suspended operations, according to the Civil Aviation Authority (CAA). The regional airline, which operated flights from six UK airports, has cancelled all its flights, and passengers who had booked with Eastern have been told not to travel to airports. A CAA statement read: “Eastern Airways, which operated regional services from airports…

The American investment giant KKR has made a surprise move to buy Costa Coffee, one of Britain’s biggest high street hospitality groups. Sky News has learnt that KKR is among a small number of parties in talks with The Coca-Cola Company and its advisers at Lazard, the investment bank, about a deal. KKR’s involvement in…

UK car production fell by more than a quarter (27.1%) last month as a cyber attack at Jaguar Land Rover halted manufacturing at the plant, industry figures show. The total number of vehicles coming off assembly lines – including cars and vans – fell an even sharper 35.9%, according to September data from the Society…

A lobbying group representing UK start-ups will this week warn Rachel Reeves against a tax raid on limited liability partnerships (LLPs), arguing that it would hit the backers of Britain’s most innovative companies. Sky News has seen a letter to be sent to the chancellor on Monday, in which the Startup Coalition will argue that…

The UK’s largest supermarkets are calling on the chancellor to exclude stores from a new business rates surtax, warning that shoppers will bear the brunt of higher prices. Tesco, Sainsbury’s, Marks & Spencer, Waitrose, Morrisons, Asda, Aldi and Lidl are among the stores that have signed a letter addressed to Rachel Reeves, arguing that easing…