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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

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

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

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
Business

Ashley swoops with bid for stricken Savile Row tailor Gieves & Hawkes

Mike Ashley, the high street tycoon who has snapped up some of Britain’s best-known retailers, is plotting a takeover of Gieves & Hawkes, the...

by admin September 11, 2022
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
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Recent Articles
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World News
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  • New Zealand 'suitcase murders': Woman jailed for life for killing her two childrenNew Zealand ‘suitcase murders’: Woman jailed for life for killing her two children
  • Trump's peace plan had Russian fingerprints all over it - and now we know whyTrump’s peace plan had Russian fingerprints all over it – and now we know why
  • Taiwan to prepare for combat by 2027, president says - as he warns China is preparing to take the country by forceTaiwan to prepare for combat by 2027, president says – as he warns China is preparing to take the country by force
  • Venezuela: Maduro brandishes sword and vows to defy any US attempt to overthrow his government Venezuela: Maduro brandishes sword and vows to defy any US attempt to overthrow his government
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