LATEST BUSINESS NEWS

State pension

State pension will increase by 2.5% next year, Government confirms

Chancellor Rishi Sunak leaves 11 Downing Street

Spending cuts or tax rises? The choices facing Sunak to balance the books

Rishi Sunak

Sunak cuts aid and squeezes public sector wages in face of ‘economic emergency’

OBR figures

Grim official forecasts predict highest peacetime borrowing and 11% GDP plunge

Piggy bank

Inflation shake-up ‘kicked down the road’ to 2030

A quiet Worcester High Street at the start of a four-week national lockdown for England

Trade groups and experts call for business rates relief next year

A man wearing a hat featuring the stars of the EU flag

No-deal Brexit would wipe 2% off coronavirus-hit UK economy in 2021 – OBR

Spending Review

UK plc facing ‘lasting damage’ after coronavirus emergency, Sunak warns

Coronavirus

Furlough payouts drop over last month

Eat Out to Help Out sign

Restaurants and cafes claim £849m for 160 million Eat Out to Help Out meals

ScS furniture

Furniture chain ScS appoints Steve Carson as next chief

Gocompare ad

GoCompare agrees £594m sale to Future

Water glass

Bills down but still being paid, says water supplier United Utilities

Food stock

Franco Manca owner aims to expand amid ‘lower rents’ despite coronavirus impact

Rishi Sunak

Budget watchdog to reveal ‘sobering’ impact of coronavirus on economy

G4S vehicle

G4S promises to restart dividend next year if shareholders defeat takeover bid

Eurostar

Eurostar is ‘fighting for survival’

Lookers results

Lookers boss apologises as 2019 figures reveal £21.8m fraud hit