LATEST BUSINESS NEWS

Electricity pylons

Three energy suppliers face losing licences over £15m unpaid green taxes

British Airways planes

British Airways’ owner records £5.6bn loss due to Covid-19

Estate agent boards outside a house

Average UK house price at new record high of £227,826, says Nationwide

Xi Jinping

China promises market opening amid technology push

Bonfire Night

Households warned of dangers of celebrating Bonfire Night at home

More than 2.5 million working age people across England claimed a council tax discount between April and June marking the highest number since records started in 2015 according to the Local Government Association

Record numbers in England claiming council tax support, says LGA

The number of new homes registered to be built by the UK’s housebuilders in the first three-quarters of 2020 is down by 30% on the same period last year, according to the National House Building Council

Number of new homes registered this year so far ‘is down by 30%’

Pizza Express restaurant closures

Pizza Express to slash another 1,300 jobs

The ECB said further cash injections are in 'little doubt'

Markets steady as ECB say ‘little doubt’ of more cash injections

London city skyline

IMF cuts growth predictions for UK economy as Covid recovery delayed

Economy GDP Fading Growth

US economy grows by 33% but faces renewed threat from pandemic

G4S

G4S bosses reiterate call for shareholders to reject GardaWorld bid

Channel 4

Channel 4 to repay Government furlough money after ‘improved’ financial position

LVMH Tiffany

French luxury goods giant LVMH secures deal for US jeweller Tiffany

Bottle of Corona

Brewer AB InBev scraps shareholder payout despite jump in beer sales

Canadian tar sands controversy

Big banks still funding tar sands despite net zero goals, campaigners say

Housing

Home buyer mortgage approvals hit 13-year high in September

Gas hob

Utilita Energy to pay £500,000 compensation after overcharging customers