Finance

Published: 16 September 2026. The English Chronicle Desk. The English Chronicle Online Entain, the owner of Ladbrokes, Coral and BetMGM, is preparing to cut around 400 customer-care jobs in the UK, just weeks after the gambling group reported stronger-than-expected financial performance for the first half of 2026. The company has begun a consultation process that could affect roughly one in five of its 2,000 customer-care positions. The proposed reductions come...

Published: 16 September 2026. The English Chronicle Desk. The English Chronicle Online. Young people across Britain face sharply different prospects when searching for work, with a new analysis showing that the availability of suitable job vacancies varies dramatically between local areas. The research, produced by the Institute for Public Policy Research (IPPR), found that Rotherham in South Yorkshire had one of the lowest levels of online job opportunities relative to...

Published: 16 September 2026. The English Chronicle Desk. The English Chronicle Online. New historical research has uncovered further evidence of the Church of England’s financial and institutional connections to the transatlantic enslavement of Africans, adding to an increasingly detailed record of how slavery was supported by religious, commercial and political networks in Britain. The findings come as the Church of England continues to debate how it should respond to its...

Published: 16 September 2026. The English Chronicle Desk. The English Chronicle Online. New historical research has found that wealth generated through the transatlantic trafficking and enslavement of Africans was deeply connected to Britain’s financial system, including the early development of the Bank of England and other major financial institutions. The research, compiled through the Register of British Slave Traders, suggests that the involvement of financial institutions and prominent financiers in...

Published: 16 September 2026. The English Chronicle Desk. The English Chronicle Online. UK inflation has climbed back above 3%, adding to the financial pressure facing households and businesses as higher energy and fuel costs feed through the economy. The latest figures arrive at a particularly sensitive moment, with the Bank of England preparing to decide whether to change interest rates and financial markets reacting sharply to rising oil prices and...

Published: 15 September 2026. The English Chronicle Desk. The English Chronicle Online. Jaguar Land Rover (JLR) is seeking to expand its presence in the defence sector by holding talks with NATO countries over potential sales of its newly developed Defender military vehicle, as European governments increase defence spending and manufacturers look for new sources of growth. The UK-based carmaker is positioning its revamped Defender Wolf Series II as a modern...

Published: 15 September 2026. The English Chronicle Desk. The English Chronicle Online. Economists are urging the UK government to press the Bank of England to slow or temporarily halt its programme of selling government bonds, arguing that the policy is adding to borrowing costs at a time when the Treasury is already facing mounting financial pressure. The issue is set to come under renewed scrutiny this week as the Bank’s...

Published: 15 September 2026. The English Chronicle Desk. The English Chronicle Online. UK wage growth has slowed to 3.9% as the labour market shows further signs of losing momentum, adding to a difficult set of choices for the Bank of England as it prepares for a closely watched interest rate decision. Official figures show that average total earnings, including bonuses, increased by 3.9% in the three months to July, down...

Published: 15 September 2026. The English Chronicle Desk. The English Chronicle Online. The North Sea oil and gas industry is urging the Labour government to bring forward the replacement of its windfall tax on fossil fuel companies, arguing that an earlier change could unlock billions of pounds in investment, protect industrial jobs and strengthen Britain’s energy security. Offshore Energies UK (OEUK), the trade body representing the sector, wants the existing...

Published: 15 September 2026. The English Chronicle Desk. The English Chronicle Online. Parents and carers across the UK are cutting back on school uniform spending as household budgets remain under pressure, with families increasingly turning to promotions and second-hand clothing to manage the cost of sending children back to school. Average spending on school uniform fell to £54.53 in the four weeks to 6 September, down 12.5% from £62.29 during...