UK business & economy

• Shares in UK power companies slide over fears of windfall tax 24th May 2022
  Pressure mounts on ministers to act as UK regulator warns annual household energy bills likely to hit £2,800 this winter
• UK energy: tilting at windfalls puts investment at risk 24th May 2022
  Windfall taxes would make government’s net-zero ambitions even harder to achieve
• Growth in UK business activity falls to 15-month low 24th May 2022
  Jump in input prices index to new record suggests inflation has further to rise, analysts say
• Landlord Shaftesbury warns of inflation threat to central London recovery 24th May 2022
  West End property group cites ‘complex range of operational challenges’ facing its tenants
• The myth of the typical ‘Red Wall voter’ 24th May 2022
  Plus, why working from home will ruffle the UK’s political patchwork — and give Rishi Sunak yet another fiscal headache
• UK public borrowing falls as economy bounces back from pandemic 24th May 2022
  Higher tax receipts boost government finances
• JPMorgan warns overseas digital bank losses could top $1bn after UK push 24th May 2022
  Forecast is the most in-depth it has given since expanding retail presence of its Chase brand outside the US
• Why a higher UK minimum wage fails to spur productivity 24th May 2022
  A British experiment ended up with companies accepting lower profits, charging more or cutting investment
• The UK looks to innovation hubs to help ‘level up’ left behind areas 24th May 2022
  R&D partnerships involving universities and industry are being set up in Manchester, the West Midlands and Glasgow
• UK professional services firms seek exemptions to ban on Russia work 24th May 2022
  Industry body recommends that advisers are allowed to help clients meet legal requirements