Category Business

LONDON — U.K. Treasury chief Jeremy Hunt will stage a moment of high political theater Wednesday, unveiling his budget to a crowd of baying lawmakers as consumers demand more help with the high cost of living and workers press for…

LONDON — Inflation in the U.K. has fallen to its lowest level since the immediate aftermath of Russia’s invasion of Ukraine, though elevated food prices meant it didn’t fall as much as anticipated. The Office for National Statistics said Wednesday…

LONDON — U.K. inflation eased for a second month in December, boosting confidence that the cost-of-living crisis has peaked. Consumer prices rose 10.5% in the year through December, down from 10.7% the previous month, the Office for National Statistics said…

LONDON — British authorities said Thursday that they are banning the Chinese-owned video-sharing app TikTok from government mobile phones on security grounds, following similar moves by the U.S. and European Union. Cabinet Office minister Oliver Dowden told Parliament that the…

KIGALI, Rwanda — Britain’s government said Sunday that it could start deporting asylum-seekers to Rwanda in the next few months — but only if U.K. courts rule that the controversial policy is legal. The Home Office said it was aiming…

GENEVA — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators to stave off further market-shaking turmoil in the global banking system. Swiss authorities urged UBS to take over its…

Tyson Foods is closing two facilities that employ more than 1,600 people in an effort to streamline its U.S. poultry business. The company said Tuesday it plans to close its processing, broiler and hatching operations in Glen Allen, Virginia, and…

The world’s largest poultry producer, Tyson Foods, is among nearly a dozen poultry companies that have less than two months to reach agreement with the state of Oklahoma on how to clean a watershed polluted by chicken litter. U.S. District…