Bank of England ‘engaging’ with Treasury ahead of chancellor’s statement
The Bank of England's deputy governor has said it is "engaging" with the Treasury over the fiscal event expected on...
business
Dozens of energy crisis activists carry out sit-down protest in parliament
Activists complaining about rising energy bills have staged a sit-down protest in the Houses of Parliament.More than 30 demonstrators from...
Don’t expect Britain’s first hedge fund premiership to be smooth or enjoyable | Ed Conway
Rishi Sunak is not just our first British Asian prime minister, our first Hindu PM.He is not just the youngest...
Financial markets welcome news Rishi Sunak will be next PM
The financial markets appear to have welcomed news that Rishi Sunak will be the UK's next prime minister.The pound was...
Mike Ashley’s Frasers Group now fourth largest shareholder in ASOS
Billionaire Mike Ashley's Frasers Group has continued its high street and online buying spree with 5% of ASOS and 28.5%...
Interest rate rise could be lower than expected as markets rally after Boris Johnson exits Tory leadership race
The financial markets have enjoyed a rebound as Boris Johnson dropped out of the leadership race, leaving Rishi Sunak as...
Rail strikes: ‘Significantly reduced timetable’ as train workers stage 24-hour walk-out
Train passengers have been warned to expect disruption on rail networks as a strike hits services on some of Britain's...
Moody’s rating agency cuts UK outlook to negative on policy uncertainty
Moody's rating agency has cut its UK's financial outlook to negative but maintained its sovereign rating at Aa3.On Friday, the...
Evidence of market nerves around a return to power for Boris Johnson
Just when you thought it was safe to step back into the gilts market… things are getting nervy again.Around lunchtime...
Cost of living: Six in 10 adults struggling to keep up with their bills
Almost six in 10 UK adults are struggling to keep up with their bills, according to new research from the...
Rents at record high mean ‘extreme’ competition for properties
The average rent has hit a record high outside London and stood at an average of £1,162 per calendar month...
Twitter moves to reassure staff as report claims Elon Musk wants 75% of workers axed
Twitter has told its staff there are no plans for mass redundancies in the wake of a US press report...
Barclays to be fined by City watchdog over ‘reckless’ financial crisis fundraising
The City regulator has revealed plans to fine Barclays £50m for alleged "reckless" conduct in relation to its 2008 financial...
Government borrowing leaps and retail sales drop by much more than expected
The latest official data on the state of the public finances and consumer spending makes for grim reading as the...
Discount given to households that cut peak time energy use rises from 52p to £3
The value of energy discounts given to households that cut their peak time electricity used will be raised, the National...
Amazon faces £900m lawsuit in UK over use of ‘secretive and self-favouring algorithm’
Amazon is facing a $1bn (£889m) lawsuit in the UK over claims it abused its dominant position by favouring its...
The Conservatives can change PM, but not the economic hole they have dug
The final straw for Liz Truss's premiership was a collapse of confidence among Conservative MPs, but the underlying cause is...
Bank of England official hints interest rates may not rise as much as market expects
Might interest rates not peak as high as the market is expecting?That is certainly the conclusion that has been drawn...
Liz Truss resignation sparks recovery for pound, shares and government borrowing costs
There has been a positive market reaction to the resignation of Liz Truss after just 44 days in office, following...
Spam and fish head sales ‘up a third’ as shoppers try to save money
Sales of Spam and fish heads have risen a third as people seek out cheaper meals amid the cost of...