UK facing most severe terror threat ever, warns MI5 chief – The Guardian

Britain is facing its most severe ever terrorist threat and fresh attacks in the country are inevitable, according to the head of Britain’s normally secretive domestic intelligence service in a rare public speech. Andrew Parker, the director general of MI5, said the UK had seen “a dramatic upshift in the threat” from Islamist terrorism this […]

Sainsbury’s to cut 2000 jobs across UK – The Guardian

Sainsbury’s is axing 2,000 store and back office roles as the supermarket chain looks to slash costs by £500m amid an intensifying price war with Aldi and Lidl. The retailer is restructuring its HR departments, getting rid of 1,400 store-based clerks and another 600 staff based in the back offices that serve the chain as […]

UK Treasury rejects OECD’s call for second Brexit referendum – The Guardian

The Treasury has flatly rejected calls for a second EU referendum after the west’s leading economic thinktank, the Organisation for Economic Cooperation and Development, said reversing the decision to leave would significantly benefit the economy. “We are leaving the EU and there will not be a second referendum,” the Treasury said in a terse statement […]

UK interest rate rise likely as inflation hits 3% – The Guardian

The prospect of Britain’s first interest rate increase in more than a decade loomed large on Tuesday after inflation hit its highest level since 2012 and the Bank of England governor, Mark Carney, said it had further to rise. Financial markets are now betting strongly on Threadneedle Street’s monetary policy committee reversing the quarter-point cut […]

UK inflation at highest since April 2012 – BBC News

Image copyright Getty Images The UK’s key inflation rate hit its highest for more than five years in September, driven up by increases in transport and food prices. The Consumer Prices Index (CPI) climbed to 3%, a level it last reached in April 2012, and up from 2.9% in August. The pick-up in inflation raises […]

Hurricane Ophelia: Schools closed and thousands without power – BBC News

Image copyright AFP/Getty Images Image caption Trees felled in the storm have blocked roads and train lines Schools are closed and hundreds of thousands of people remain without electricity in Ireland after Ophelia battered the British Isles. All schools in Northern Ireland and the Republic of Ireland remain closed for a second day as the […]

Automation will affect one in five jobs across the UK, says study – The Guardian

Workers in the constituency of shadow chancellor John McDonnell are at the highest risk of seeing their jobs automated in the looming workplace revolution that will affect at least one in five employees in all parliamentary seats, according to new research. The thinktank Future Advocacy – which specialises in looking at the big 21st century […]

Brexit: Does the UK owe the EU money? – BBC News – BBC News

Image copyright Reuters The Claim: The UK could, in theory, walk away from the EU without paying any money at all. “We don’t as a matter of law owe anything at all” – David Jones MP, 15 October “We’re actually under no legal obligation to pay any money at all after we’ve left” – Bernard […]