Grocery prices up by ‘more than 20%’ in advance of food inflation caused by Ukraine war
Hundreds of staple grocery items had shot up in price by more than a fifth over the two years prior...
Business
Britons must brace for ‘very unpleasant period’, former Bank of England governor warns
Britons must brace themselves for a "very unpleasant period", with "considerable" interest rate hikes now needed to prevent a re-run...
National Grid’s profits rise to £3.4bn amid soaring energy bills
National Grid has seen its annual pre-tax profits increase by 107% to £3.4bn. The energy network operator attributed much of...
Royal Mail signals price hikes ahead as it cuts costs to cope with soaring inflation
Royal Mail has said it will need to rise prices and cut costs in the face of soaring inflation.The company...
Milk prices will continue to soar due to rocketing production costs, warns dairy producer
Britain's biggest dairy producer has admitted the price of milk will continue to increase due to sky high energy costs...
Inflation figure is shocking – and there is worse to come
There is no getting away from the shock of the headline figure here.The consumer price index is the main measure...
Business secretary writes to fuel giants reminding them to pass on tax cuts to motorists
Business Secretary Kwasi Kwarteng has written to the leading petrol retailers "to remind them of their responsibilities" to pass on...
Fall in real wages intensifies and jobless rate hits lowest level since 1974 as more seek work
Real wages have dropped by 1.2% as regular pay growth fails to keep up with soaring inflation, according to the...
Chelsea sale ‘at risk’ as ministers press Abramovich for fresh assurances over sale
The £4.25bn takeover of Chelsea Football Club has been thrown into fresh doubt amid a renewed impasse between owner Roman...
‘Things are going to get tougher’ warns energy regulator over fears prices could rise quicker
The energy price cap, the mechanism that determines gas and electricity bills for 22 million households, could soon be reviewed...
Saudi oil giant’s profits rocket by 80% fuelled by Ukraine invasion
Oil giant Saudi Aramco has revealed its profits skyrocketed by more than 80% in the first three months of the...
Premier League weighs ban on debt-fuelled club takeovers
The Premier League is considering a formal ban on debt-fuelled club takeovers as part of a far-reaching overhaul of its...
Elon Musk’s pause on Twitter takeover triggers a flap
What is Elon Musk up to?Not for the first time that's the question on the minds of Twitter executives, global...
Fuel duty cut wiped out as diesel price hits new record high
Diesel prices have hit a new record high wiping out the chancellor's cut in fuel duty, latest figures show.The average...
Kay Burley’s road back to Wigan Pier
It's been a long time since I returned to Wigan.Situated equidistant between Liverpool and Manchester, the old mining town has...
Sunak was already under pressure from cost of living crisis – the GDP figures might force him to act
Be in no doubt, today's GDP figures are bad news indeed.Bad news as they show the economy is shrinking sooner...
‘Anxious times’ warns Sunak as UK economy shrinks in March
The UK economy contracted by 0.1% in March, as surging inflation took a toll on demand to offset the boost...
Chelsea to unveil £20m-a-year shirt deal with cryptocurrency brand WhaleFin
Chelsea FC is close to unveiling a £20m-a-year sponsorship deal with a fast-growing cryptocurrency group – despite a temporary ban...
Musk says he would reverse Twitter’s ‘foolish’ ban on Trump
Billionaire Elon Musk, who is set to buy Twitter, has said he would reverse the platform's "foolish" ban on former...
Households may face choice between food or fuel as think tank warns cost of living will worsen
Households are being urged to get their finances in the best shape possible amid increasing evidence of increased stress over...
