Business

Petrol and diesel prices are slowly but steadily falling in the UK, latest figures show. The average price for a litre of unleaded on...

Arcadia Group’s pension schemes are closing in on a deal to offload retirement funding promises made by the retail empire, owned by Sir Philip...

Water companies across the UK are being “strongly urged” to enforce a hosepipe ban. Environment Secretary George Eustice says some local providers “have rightly...

The high street giant Next is in talks to take a big stake in Joules, the struggling fashion and lifestyle products chain. Sky News...

Workers at the UK’s biggest container port will go on strike for more than a week later this month in a dispute over pay....

The US hiring boom continued last month, as employers added 528,000 jobs – more than double the number expected. The government data showed a...

Just a day after the Bank of England warned of a 15-month recession, there are signs in housing and recruitment that the slowdown is...

Next says warm weather and demand for formal clothing have helped boost its sales in recent months. The British retailer said that full price...

The Bank of England has hiked interest rates by half a percentage point – the sixth rise since December and the biggest rise since...

Hope of a meaningful drop in global oil prices have been dashed after a major group of oil-producing nations, including Russia, agreed to increase...

The “big four” supermarkets and several other retailers are failing to reduce petrol prices in line with falling wholesale costs, the RAC has warned....

The energy price cap will remain above £3,500 a year throughout most of 2023, according to the latest dire forecast for household bills. The...

BP has reported a second-quarter profit of £6.9bn ($8.45bn) – its highest in 14 years – at a time when consumer fuel prices have...

The UK’s largest sportswear retailer JD Sports Fashion is to sell its Footasylum chain following a long battle with the country’s competition watchdog. The...

The Financial Conduct Authority has finalised tougher rules for the marketing of high-risk investments. Under the new rules, firms approving and issuing marketing must...

A London-based commodities broker controlled by a group of former Lehman Brothers executives will this week clinch a takeover of a major industry peer....

Octopus Energy has asked the government for a £1bn taxpayer funding package to seal a takeover of Bulb, its stricken rival. Sky News has...

With so much fog surrounding the prospects for the UK economy, results statements from the country’s main commercial banks this week were an ideal...

Credit card borrowing last month increased at the fastest annual rate since 2005, according to new figures from the Bank of England. At the...