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Interest rates are high enough to dampen demand and cause financial pain for millions | Ed Conway

Before we get on to the Bank of England’s decision today we urgently need to clear something up. There’s a misconception which sometimes floats...

by admin September 22, 2022
Business

London transport chief Byford quits after securing long-term funding deal

Andy Byford, the Transport for London (TfL) chief who helped steer the capital’s bus and Tube networks through the most financially precarious periods in...

by admin September 21, 2022
Business

Pound falls to 37-year low as cost of servicing government debt hits August record

The pound has fallen to a 37-year low against the dollar after figures showed that the cost of servicing UK government debt last month...

by admin September 21, 2022
Business

Businesses to receive discounts on energy bills, government expected to announce

All businesses in Britain and Northern Ireland will receive a discount on energy bills funded by taxpayer subsidy, the government is expected to announce...

by admin September 20, 2022
Business

‘It won’t really scratch the surface’: £150 extra disability cost-of-living help ‘not enough’

Around six million people on disability benefits will receive £150 from today to help them cope with rising living costs, but some say the...

by admin September 20, 2022
Business

Shops, pubs and schools: What’s closed (and what’s open) on day of Queen’s funeral

Many supermarkets, cinemas and schools will be closed on Monday as a mark of respect on the day of the Queen’s funeral. It has...

by admin September 18, 2022
Business

FourFourTwo publisher Future to kick off hunt for CEO successor

The executive who has built Future into one of Britain’s biggest listed digital media companies is preparing to step down next year after nearly...

by admin September 17, 2022
Business

Atom Bank finance chief McCarthy quits months before potential float

Atom Bank’s finance chief since its launch nearly a decade ago is stepping down just months before a possible flotation of the digital-only lender....

by admin September 16, 2022
Business

Sterling’s plunge is laden with irony 30 years on from Black Wednesday

The disappointing retail sales figures for August, published on Friday, have sent the pound spiralling to a fresh 37-year low. At one point, sterling...

by admin September 16, 2022
Business

Pound hits new 37-year low on recession fears after dive in retail sales

Retail sales fell by much more than expected in August as the cost of living crisis dragged on demand for both essential and non-essential...

by admin September 16, 2022
Business

The Queen’s death made her son a King, and a rich man – but where exactly does the cash come from?

When the Queen died, fortunes passed down the line of succession along with titles. Her death made her eldest son a hugely rich man...

by admin September 15, 2022
Business

John Lewis Partnership ‘forgoing profit’ to help customers and partners

The John Lewis Partnership says it is “forgoing profit” to help customers, partners and suppliers navigate the challenges of the cost of living crisis....

by admin September 15, 2022
Business

Chancellor may scrap cap on bankers’ bonuses to boost City’s competitiveness

Chancellor Kwasi Kwarteng is considering a plan to scrap caps on bankers’ bonuses as part of a post-Brexit bid to boost the City’s competitiveness...

by admin September 15, 2022
Business

Why new path for inflation could mean UK avoids a deep recession

It may still be as near as you can get to double figures. It may yet be heading higher still. It may be squeezing...

by admin September 14, 2022
Business

Fall in fuel costs helps inflation ease to 9.9% in August

The rate of inflation eased slightly to 9.9% in the 12 months to August, aided by a fall in fuel costs. The Office for...

by admin September 13, 2022
Business

Center Parcs U-turns over plans to turf out guests on day of Queen’s funeral

Center Parcs has U-turned on plans to ask customers to leave just for the day when it closes its five UK sites for the...

by admin September 13, 2022
Business

Cost of living: Are prices in the UK rising faster than other countries?

UK price rises slowed in August compared to July, but are still at the highest rates in more than 40 years. However, they are...

by admin September 13, 2022
Business

Hundreds of businesses demand details on cost of living support – and set out plan for their survival

Hundreds of businesses are urging the chancellor to offer details about the support they’ll receive with their energy bills. The letter to Kwasi Kwarteng...

by admin September 13, 2022
Business

Cost of living crisis may have driven record numbers of pensioners back to jobs

Since the end of the pandemic and the reopening of economies around the world, labour markets have become tighter, in the jargon. In short,...

by admin September 12, 2022
Business

‘The economic recovery has petered out’: UK economy grew less than expected in July

The UK economy grew by just 0.2% in July, according to the Office for National Statistics. The figure was below the 0.4% growth expected...

by admin September 12, 2022
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Recent Articles
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  • James Webb Telescope Spots Rare ‘Cosmic Owl’ Formed by Colliding GalaxiesJames Webb Telescope Spots Rare ‘Cosmic Owl’ Formed by Colliding Galaxies
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World News
  • Trump announces weapons deal with NATO to help Ukraine - as he gives Putin 50-day ultimatum  Trump announces weapons deal with NATO to help Ukraine – as he gives Putin 50-day ultimatum
  • At least 30 dead, 100 injured, in clashes between armed groups in southern city of Sweida, say Syrian officialsAt least 30 dead, 100 injured, in clashes between armed groups in southern city of Sweida, say Syrian officials
  • IDF blames 'technical error' after Gaza officials say children collecting water killed in strikeIDF blames ‘technical error’ after Gaza officials say children collecting water killed in strike
  • Meredith Kercher's killer faces new trial over sexual assault allegationsMeredith Kercher’s killer faces new trial over sexual assault allegations
  • 'At least 59 killed' after Israeli military opens fire near Gaza aid centre and carries out strikes‘At least 59 killed’ after Israeli military opens fire near Gaza aid centre and carries out strikes
  • Backlash as Air India crash report points to possible human error - here's what experts thinkBacklash as Air India crash report points to possible human error – here’s what experts think
  • Donald Trump announces 30% tariff on imports from EUDonald Trump announces 30% tariff on imports from EU
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