US interest rates see fourth 0.75 percentage point rise to tackle inflation
The US central bank has imposed its fourth major interest rate rise in a row.The Federal Reserve, the central bank...
business
BT to upgrade cost-savings target to £3bn as inflationary pressures bite
BT Group is expected to increase a multibillion-pound cost-savings target on Thursday as it seeks to counter the inflationary headwinds...
Cost of living crisis: Staples such as tea bags, milk and sugar surge in price as food inflation races to new record high
Food inflation surged to a record 11.6% in October - with staple items including tea bags, milk and sugar all...
Ukraine war: Russia to resume participation in UN-brokered grain export deal
Russia is set to resume its participation in the Ukraine grain export deal, the country's defence ministry has confirmed. Moscow...
COVID lockdown in China zone threatens new tensions at major Apple iPhone supplier
A Chinese industrial park that hosts a major supplier of iPhones for Apple has announced a fresh COVID-19 lockdown, threatening...
Britishvolt workers take ‘substantial’ pay cut as firm seeks ‘more secure funding position’
The boss of Britishvolt, the start-up building a battery gigafactory in Northumberland, has told Sky News that staff have agreed...
Black Friday and Cyber Monday strike action for Royal Mail workers
Royal Mail workers have announced two 48-hour strikes to coincide with the busiest online shopping days, Black Friday and Cyber...
Former PM Johnson in talks with Hollywood talent agency Endeavor
Boris Johnson is in talks with one of Hollywood's most prominent talent agencies about a lucrative speaking deal following his...
Twitter’s blue tick will cost $8 a month, says Elon Musk, giving ‘power to the people’
Twitter's new owner Elon Musk has announced the platform's coveted 'blue tick' will now cost users $8 (£7) a month,...
Over 1,000 McColl’s jobs at risk of redundancy following Morrisons takeover
Morrisons has said it is to close 132 McColl's stores, risking 1,300 jobs, following the supermarket's purchase of the convenience...
Tax rises ‘likely’ as government faces ‘unpalatable menu’ to fill £40bn black hole, leading thinktank warns
Tax rises are "likely" to come soon as the government faces an "unpalatable menu" to find ways to fill a...
House prices: Mini-budget ‘turmoil’ behind first monthly fall for 15 months
"Turmoil" caused by the government's mini-budget in September has prompted the first fall in house prices for 15 months, according...
Made.com reveals administration looms after failure to find a buyer
Online furniture retailer Made.com has revealed plans to appoint administrators, leaving up to 700 jobs at risk, after talks to...
Shanghai Disney Resort visitors told to stay at home after single COVID case prompts lockdown of theme park
Stay-at-home orders and mandatory testing notices have been issued to several Shanghai residents as authorities race to trace contacts linked...
BP quarterly profits come in at £7.1bn after gas prices surge – as calls for ‘bigger’ windfall tax demands made
BP has credited strong natural gas trading for strong quarterly profits of £7.1bn, which have fanned the flames around demands...
Elon Musk asks Twitter followers if he should bring back Vine
Elon Musk has asked his Twitter followers whether he should bring back Vine.Less than a week after completing his contentious...
Demand for mortgages falls as customers grapple with high rates
Mortgage lending fell as the number approved didn't rise as high as expected, according to Bank of England (BoE) data.Mortgage...
Elon Musk fires entire Twitter board and makes himself sole director
Elon Musk has fired Twitter's board of directors and appointed himself its sole member.According to a company filing with the...
Instagram ‘resolves bug’ after thousands of users suspended with no warning
Instagram has said it has resolved a "bug" after thousands of users suddenly had their accounts suspended.Users around the world...
Purplebricks founder’s property portal Boomin turns to bust
Boomin, the online property portal founded by the former boss of Purplebricks, has called in liquidators after failing to secure...