Shoppers paying record 10.6% more for food than a year ago
Shoppers are paying a record 10.6% more for food than they were a year ago, figures show.Overall shop price inflation...
business
IMF warns UK against mini-budget that will ‘likely increase inequality’
The International Monetary Fund (IMF) has criticised the UK government's mini-budget, saying the plans for tax cuts and spending will...
Spending cuts made necessary by mini-budget ‘could finish NHS’, former Bank of England deputy governor Sir Charlie Bean says
If the government does not reverse its fiscal plans in the coming weeks, it may be left with little option...
Five reasons why fall in pound matters and what the implications are
The overnight fall in the value of the pound, descending to its lowest level against the dollar since decimalisation in...
Pound sinks to record low against the dollar and UK economy predicted to flatline next year – as PM and chancellor defend mini-budget
The pound has fallen to a record low against the dollar, sparking market speculation that the Bank of England may...
Car dealer Pendragon gears up for £400m bid from top investor
Pendragon, the London-listed car dealer behind brands including Evans Halshaw and Stratstone, has received a fresh £400m takeover approach from...
GSK poaches Burberry CFO to create all-female top team
GSK, the FTSE-100 pharmaceuticals giant, has poached Burberry Group's finance chief to create a rare all-female executive leadership team in...
Mini-budget: Raft of tax cuts ‘for a new era’ include stamp duty cut for homebuyers
Income tax will be cut by one penny, Chancellor Kwasi Kwarteng has announced, as part of a raft of measures...
Mini-budget: Chancellor denies gambling with economy as pound sinks to near historic lows
The chancellor has denied suggestions he is gambling with the economy as his raft of tax cuts were met with...
Drivers paying extra £5 per tank of petrol due to falling value of the pound
Drivers are paying an extra £5 per tank of petrol due to the fall in the value of the pound,...
Mini-budget: The key announcements from the chancellor at a glance
Here are the key points from Chancellor Kwasi Kwarteng's mini-budget statement to MPs: • The basic rate of income tax...
Unions condemn Kwarteng’s ‘anti-democratic’ crackdown on strikes – and announce further action
Unions have condemned Kwasi Kwarteng's plan to introduce a law that will require members to vote on pay offers before...
Mini-budget: Why financial markets have been spooked by the chancellor’s growth plan
The markets were quick to respond to Kwasi Kwarteng's 'shock and awe' mini-budget.The most spectacular reaction by far was in...
Hoseasons owner Awaze picks banks to oversee £2bn sale
The owner of Hoseasons and some of Europe's biggest holiday rental operations has hired banks to oversee a sale that...
Mini-budget: Pound and bonds slump as investors take fright over borrowing spree
The growth plan outlined by the chancellor to lift the UK from the depths of the cost of living crisis...
Mini-budget: Why financial markets have been spooked by the chancellor’s growth plan
The markets were quick to respond to Kwasi Kwarteng's 'shock and awe' mini-budget.The most spectacular reaction by far was in...
Stamp duty: Home buyers get tax cut in Kwasi Kwarteng’s mini budget
Stamp duty has been cut for all home buyers as part of the new Conservative government's plans to help turn...
Mini-budget: Raft of tax cuts ‘for a new era’ include stamp duty cut for homebuyers
Income tax will be cut by one penny, Chancellor Kwasi Kwarteng has announced, as part of a raft of measures...
National Insurance calculator: See how you’re affected after rise is reversed
Chancellor Kwasi Kwarteng has announced that April's National Insurance hike is to be reversed from 6 November.The 1.25 percentage point...
Made.com to lay off staff as website eyes sale amid poor economic conditions
Interiors website Made.com has announced it is considering being sold as rising costs, tight supply chains, dropping consumer confidence and...