Business

Two million fewer barrels of oil are to be produced each day, equivalent to 2% of global supply, the Organisation of the Petroleum Exporting...

Executives from Britain’s biggest high street banks have been summoned for talks with Kwasi Kwarteng amid concerns about the impact of recent financial turmoil...

The boss of the UK’s biggest retailer says it is “inflating prices a little bit less and a little bit later” than the competition...

The taxpayer support for household energy bills could cost up to £140bn in an “extreme” scenario, an energy market expert has warned. Cornwall Insight,...

Motorists are being denied a further 10p cut in petrol prices because retailers have hiked their profit margins, according to the RAC. The motoring...

Elon Musk is planning to buy social media company Twitter for his original offer price. The world’s richest man is proposing to go ahead...

The upheaval in gilt (UK government bond) markets that led to last week’s spectacular intervention from the Bank of England continues to reverberate. The...

There is a mounting risk that fuel prices could soon begin to rise again as major oil-producing countries ponder a big cut in output....

The chief executive of Shell has called on the government to tax oil and gas companies in order to protect the poorest people in...

Only 1 in 25 of CEOs in Britain’s largest publicly listed companies are women, according to a new report. Analysis of senior leadership in...

Liz Truss has refused to commit to raising benefits in line with inflation, despite growing pressure from a cabinet minister and senior Tory MPs....

HSBC Holdings is exploring a multibillion pound sale of its operations in Canada in what would mark a significant retreat from its presence in...

The energy regulator has warned the UK is facing a “significant risk” of gas shortages this winter. The information, which was revealed in a...

Retailer John Lewis has promised to introduce a “buy back” or “take back” scheme in each product category by 2025 and offer more rental...

Chancellor Kwasi Kwarteng has confirmed that the government is axing plans to give the wealthiest 1% a tax cut following a bitter backlash from...

The chief executive of Shell has called on the government to tax oil and gas companies in order to protect the poorest people in...

Trading in Twitter shares was halted as the stock spiked following reports that Elon Musk is planning to buy the company for his original...

There is a mounting risk that fuel prices could soon begin to rise again as major oil-producing countries ponder a big cut in output....

Only 1 in 25 of CEOs in Britain’s largest publicly companies are women, according to a new report. Analysis of senior leadership in the...