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UK consumer confidence hits record low, as people cut back on food shopping – business live

June 24, 2022 admin

Retail sales across Britain dropped in May and consumer morale continues to slide Larry Elliott: Retailers face long difficult summer,

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UK economy ‘running on empty’ as high inflation threatens recession, and drives up borrowing costs – business live

June 23, 2022 admin

UK business confidence hits levels that signal a recession, as new orders growth weakens Latest: UK retail sales volumes dip

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‘People are ripping up contracts’: price of rice boils over into new territory in UK

June 22, 2022 admin

The pressures faced by one Yorkshire rice importer illustrate how costs feed through to consumers The 20kg bags of rice

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Weary resignation among passengers as rail strikes begin

June 21, 2022 admin

Little sign of predicted chaos, and some people supportive of strikers while others critical Rail strike – latest updates Whether

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Heathrow asks airlines to cancel 10% of flights today, as easyJet cuts summer schedule – business live

June 20, 2022 admin

UK travel chaos deepens after Heathrow asks airlines flying from Terminals 2 and 3 to cancel 10% of their flights

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Windfall tax ‘seriously flawed’, says North Sea oil and gas producer

June 19, 2022 admin

Harbour Energy lobbies Rishi Sunak for changes to profits levy because of impact on smaller firms The biggest oil and

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Thousands march in London over cost of living crisis

June 18, 2022 admin

Demonstration organised by TUC calls on government to make ‘better deal’ for people struggling to cope with soaring inflation Thousands

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SpaceX employees fired after writing letter criticizing Elon Musk

June 17, 2022 admin

Letter called for SpaceX to make its work culture more inclusive and ‘define and uniformly respond to all forms of

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Bank of England says inflation will hit 11% after raising interest rates to 13-year high of 1.25% – business live

June 16, 2022 admin

UK central bank has raised interest rates to 1.25%, warned inflation will exceed 11% in autumn, and cut growth forecast

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ECB to devise new tool to help indebted countries as markets await Fed rate rise – business live

June 15, 2022 admin

Investors wait to see how aggressive US Federal Reserve will be in raising rates, with fears that a bigger hike

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Workers face ‘year of pain’ as real wages fall at fastest rate in 20 years – business live

June 14, 2022 admin

Rolling coverage of the latest economic and financial news, as MPs examine the travel chaos MPS grill airlines over transport

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UK close to deal with EDF to keep coal-fired power station open

June 13, 2022 admin

French firm in talks to extend life of Nottinghamshire plant to shore up Britain’s winter energy supplies The UK government

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Northern Ireland protocol bill will fix Brexit problems, says Brandon Lewis – video

June 12, 2022 admin

A bill to unilaterally amend the Northern Ireland protocol will not breach international law, the Northern Ireland secretary has said. Speaking on

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What cost of living crisis? Bumper executive bonuses make a comeback

June 11, 2022 admin

As staff grapple with rising food and petrol prices, average pay of FTSE 100 bosses has risen to pre-Covid levels

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US inflation hits four-decade high of 8.6%; UK families cut back on food in cost of living squeeze – business live

June 10, 2022 admin

Rolling coverage of the latest economic and financial news US inflation surges to 8.6% Earlier: Bank of Russia cuts rates

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Cost of filling petrol car hits £100 in ‘truly dark day’ for drivers; ECB plans July rate rise – business live

June 9, 2022 admin

UK fuel prices keep climbing and European Central Bank signals end of ultra-loose monetary policy Latest: ECB intends to raise

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Zara owner’s sales jump by 36% as shoppers return to high streets

June 8, 2022 admin

Inditex experiences ‘significant rebound in traffic’ to stores that offsets 6% decline online The owner of Zara has revealed a

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British Gas owner says windfall tax will dent investor confidence

June 7, 2022 admin

Centrica boss also defends Amber Rudd’s appointment to its board as a non-executive The British Gas owner, Centrica, has warned

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Rishi Sunak questioned over cost of living support; UK travel chaos latest – business live

June 6, 2022 admin

Rolling coverage of the latest economic and financial news Rishi Sunak to face Treasury Committee on cost of living support

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Travellers told to avoid tube on Monday as 4,000 station staff strike

June 5, 2022 admin

TfL warns of severe disruption, while union calls for entire network to be shut down over safety concerns London’s transport

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