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Business

Truss’s energy plan is a momentous fiscal intervention but there is a lot we still don’t know

There is much we do not know about the government’s new plans to help people out with their energy bills. We do not know...

by admin September 8, 2022
Business

Atom Bank picks advisers for IPO after £700m SPAC merger stalls

The digital lender Atom Bank is close to picking bankers to work on a stock market listing after calling off talks about a £700m...

by admin September 8, 2022
Business

European Central Bank raises interest rates by unprecedented 75 basis points

The European Central Bank (ECB) has hiked its key interest rates by an unprecedented 75 basis points, signalling that further rises are likely. On...

by admin September 8, 2022
Business

‘Moment to be bold’: PM says household energy bills will be capped at £2,500 a year from October

A typical household will pay no more than £2,500 annually for its gas and electricity bills from the start of October, Prime Minister Liz...

by admin September 8, 2022
Business

How the energy price guarantee will work for you

An unprecedented intervention in the energy market will shield households, businesses and public sector organisations from the worst of the surge in wholesale gas...

by admin September 8, 2022
Business

Primark rules out further price increases ahead to protect sales in tough economy

Primark has ruled out further price increases “beyond those already actioned and planned”, in a bid to protect sales in the tough economy. The...

by admin September 8, 2022
Business

Apple launches the iPhone 14 as its ‘most advanced’ smartphone yet

Apple has launched the iPhone 14 as its “most advanced” smartphone yet – with longer battery life and a series of camera upgrades. Its...

by admin September 7, 2022
Business

Sterling plunges to lowest level against US dollar since 1985

The British pound has hit its lowest level against the US dollar in almost four decades. Just after 2pm on Wednesday, sterling fell to...

by admin September 7, 2022
Business

Bank of England governor hails prospect of ‘important’ energy bill clarity in inflation fight

The governor of the Bank of England has told MPs he welcomes the prospect of a “clear policy stance” on tackling the surge in...

by admin September 7, 2022
Business

Chancellor Kwarteng summons bank chiefs for economy crisis talks

The bosses of Britain’s biggest banks will hold talks with the new chancellor on Wednesday as he tries to exert a grip on the...

by admin September 6, 2022
Business

Truss putting finishing touches on plan to freeze energy prices and pay back difference over decades

A cap on wholesale gas costs to freeze energy bills is being finalised by the government as it moves to shield households and businesses...

by admin September 6, 2022
Business

Wholesale gas prices surge after Russia decides to keep Nord Stream pipeline off

Russia’s decision not to resume gas flows through the main Nord Stream 1 pipeline to Germany has prompted a surge in wholesale costs, intensifying...

by admin September 5, 2022
Business

Truss will go ‘bigger than expected’ on energy crisis as PM

Liz Truss will go “bigger than expected” on energy after becoming the new prime minister on Tuesday, Sky News understands. The foreign secretary has...

by admin September 3, 2022
Business

Thames Water weighs further cash call weeks after tapping investors for £1.5bn

Britain’s biggest water utility is working on plans to raise additional funding just weeks after unveiling plans to tap shareholders for £1.5bn in new...

by admin September 3, 2022
Business

Bus fares in England to be capped at £2 between January and March

Bus journeys in England will be capped at £2 between January and March next year to help people deal with the rising cost of...

by admin September 2, 2022
Business

Whitehall extends national security probe into Truphone deal

The government has extended a national security probe into the fire-sale of a leading British mobile phone technology provider whose owners include Roman Abramovich....

by admin September 2, 2022
Business

Waitrose admits blocking rivals from opening stores

Waitrose has admitted to blocking rivals from opening supermarkets in close locations for close to a decade, according to the market watchdog. During an...

by admin September 2, 2022
Business

Zahawi prepares multibillion-pound tax cuts for businesses weathering energy crisis

The chancellor is preparing a multibillion-pound package of tax cuts to help businesses struggling with soaring energy costs. Nadhim Zahawi is drawing up emergency...

by admin September 2, 2022
Business

UK forecast to enter recession this year

The UK will enter recession before the end of this year, with growth expected to be weak into 2024. That is the latest forecast...

by admin September 1, 2022
Business

Soaring US dollar pushes pound to biggest monthly fall since 2016

The soaring US dollar has pushed the pound to its biggest monthly fall since October 2016. The pound shed 4.6% in August, having lost...

by admin September 1, 2022
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Recent Articles
  • Farmer becomes first person to die during Trump's ICE raidsFarmer becomes first person to die during Trump’s ICE raids
  • Donald Trump threatens to revoke Rosie O'Donnell's US citizenshipDonald Trump threatens to revoke Rosie O’Donnell’s US citizenship
  • 'Shameful' that black boys in London more likely to die than white boys, says Met Police chief‘Shameful’ that black boys in London more likely to die than white boys, says Met Police chief
  • Unite votes to suspend Angela Rayner over Birmingham bin strikeUnite votes to suspend Angela Rayner over Birmingham bin strike
  • Dozens of MPs call for UK government to recognise Palestine as stateDozens of MPs call for UK government to recognise Palestine as state
  • MLB mock draft 3.0: Kiley McDaniel predicts the first two roundsMLB mock draft 3.0: Kiley McDaniel predicts the first two rounds
  • Care whistleblower 'who saw elderly resident being punched' could face removal from BritainCare whistleblower ‘who saw elderly resident being punched’ could face removal from Britain
  • Nearly two-thirds of UK workers turning to drink because of job pressures, survey saysNearly two-thirds of UK workers turning to drink because of job pressures, survey says
  • Police hunt four people who fled from Mercedes after fatal M40 crashPolice hunt four people who fled from Mercedes after fatal M40 crash
  • '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
World News
  • '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
  • Fuel to engines of Air India plane cut off moments before crash, preliminary report findsFuel to engines of Air India plane cut off moments before crash, preliminary report finds
  • 'At least 798 killed' at Gaza aid points - as medical charity warns acute malnutrition at all-time high‘At least 798 killed’ at Gaza aid points – as medical charity warns acute malnutrition at all-time high
  • 'At least 798 killed' at Gaza aid points - as medical charity warns acute malnutrition at all-time highAt least 798 people have been killed at Gaza aid points, the UN says
  • Ten children among at least 15 killed waiting for Gaza health clinic to open, says aid groupTen children among at least 15 killed waiting for Gaza health clinic to open, says aid group
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