Global stocks rise ahead of Jackson Hole economic symposium
Global stocks ticked up on Thursday as investors braced themselves for a deluge of headlines from the Jackson Hole central...
Business
China’s power crunch and why SoftBank cut back on Alibaba
Hello, this is Kenji from Hong Kong, where we are in the midst of the mid-year earnings season. The overall...
New PM told to ‘think the unthinkable’ on energy bills – as British Gas announces plan to help
The government must increase its energy bills discount by at least 150% or risk pushing millions of households into financial...
Four-day working week trial at Atom bank has been ‘overwhelmingly positive’
App-based lender Atom bank says its four-day working week trial has been a resounding success.The bank, which is based in...
UK imported no fuels from Russia in June while import of goods also dropped to £33m
Britain imported no fuels from Russia in June for the first time on record following the imposition of sanctions over...
UK economy edges closer to stagnation with factory slump
UK private sector growth has moved closer to stagnation as it slowed to a new 18-month low, dragged down by...
Gatwick cancels easyJet flights at last minute
Staff sickness has led around 26 EasyJet flights to and from Gatwick to be cancelled at the last minute, the...
UK inflation to go as high as 18%, banking giant forecasts
UK inflation is set to top 18% in January - the highest point in more than 40 years and nine...
Cineworld may file for bankruptcy in US
Cineworld has confirmed it may file for bankruptcy in the US, days after its shares nose-dived over reports the world's...
Workers at port which handles almost half the container freight entering UK begin eight-day strike
Almost 2,000 workers have walked out of their jobs at the UK's largest container port on the first day of...
Small businesses on the brink face ‘impossible choices’ as energy prices soar
Spiralling energy costs are driving cafes, restaurants and independent shops all around the country to the edge of survival, according...
Matalan founder Hargreaves faces fresh tussle with lenders over chain’s future
The founder of Matalan is preparing for a fresh tussle with the retailer's lenders over its ownership ahead of a...
Rail strikes cause fresh travel misery for passengers
Rail passengers suffered fresh travel misery as tens of thousands of workers went out on strike again in the long-running...
Cineworld preparing to file for bankruptcy – report
Cineworld, the world's second-largest cinema chain, is preparing to file for bankruptcy within weeks, the Wall Street Journal reports, after...
Retail sales recover slightly in July with 0.3% rise but long-term decline persists
UK retail sales rose in July but the longer-term downward trend in consumer spending shows no sign of abating, official...
Man Utd owners warned they have ‘run out of road’ and should sell up
Former Manchester United director Michael Knighton is putting his own ambitions to buy the struggling club on hold to back...
‘We will keep going until we get a negotiated settlement’, vows union boss Mick Lynch amid rail strikes
A union boss has warned rail strikes will continue until a settlement is reached as the latest walkout by workers...
Government ‘asleep at the wheel’ as Ofgem director quits over energy price cap change
An Ofgem director has quit over the electricity and gas regulator's decision to change the way it calculates the energy...
France has capped energy price rises at 4% – could UK do the same?
In January the French government forced state-owned energy provider EDF to cap price rises at 4% for a year -...
Double-digit inflation marks another grim milestone as recession looms
There is no sugar coating the situation - the latest inflation figures are grim and another bleak milestone in the...
