LATEST BUSINESS NEWS

To let signs outside houses

Renters need targeted support to help them clear arrears, campaign says

A label on a spirit bottle

UK distilleries urge Chancellor to cut alcohol duty and spark hiring spree

London city stock

London markets drop on gloomy global sentiment

A view of the First Direct homepage

First Direct reintroduces £100 switching offer

Shoppers

850 retail jobs lost each working day in 2021

Used cars parked bumper to bumper at the former Rockingham Motor Speedway circuit

Motor trade reflects on ‘lost year’ as used car sales slump

An aerial view of rows of houses

Average UK house price hit new record high of £252,000 in December

BAT

BAT sees profits rise despite Covid-19 sales hit

Virgin Media

Virgin Media sees annual earnings fall, but O2 tie-up ‘on track’ despite probe

London skyline

Plus500 reveals further share buybacks after record 2020

Rio Tinto Pilbara piles

Rio Tinto to give shareholders record dividend after bumper 2020 for iron ore

Inflation

UK inflation bounces higher on rising food prices

KPMG office

KPMG creates 200 new jobs in Belfast

Someone using an ATM

Road map to protect future of cash must be set out urgently, says Which?

Insulation being laid in a loft

Cut VAT on green home upgrades, recycled products and repairs, MPs urge

A man walks along Green Street in east London

Chancellor should ‘boost it like Biden’ with crisis spending, report urges

City skyline

FTSE falls quiet after rip-roaring Monday

Marriott CEO Arne Sorenson

Marriott boss Arne Sorenson dies aged 62