LATEST BUSINESS NEWS

Andrew Bailey

Interest rates rise to new 14-year high as Bank slightly eases off accelerator

People shopping in Oxford Street

High street shopper numbers plunge amid rail strikes and cold weather

Railway tracks

TSSA members vote to accept Network Rail pay offer

The Bank of England

Bank of England raises interest rates to new 14-year high

Chancellor Jeremy Hunt

Chancellor ‘mooting plans to extend energy support for all firms’

Shelter strike action

Workers at Shelter charity suspend strike after pay offer

Chief Nursing Officer for England Dame Ruth May.

England’s chief nursing officer Ruth May offers support to striking nurses

Train tickets

Rail fare revenue at just 71% of pre-Covid levels

Germany Economy

European Central Bank slows pace of interest rate hikes

Models of houses on coins and notes

First-time buyers ‘may need to lower ambitions’ as rates hiked further

The Environment Agency in Bristol

More Environment Agency workers to take industrial action in pay row

H&M in London

Retail giant H&M posts higher quarterly sales but shares slip

A hating thermostat

‘Dickensian Christmas’ warning as households report going cold and hungry

Virus Outbreak China iPhone Factory

Foxconn to ease Covid-19 curbs in Chinese iPhone factory

Heathrow Airport

Heathrow workers to strike after pay offer rejected

Currys workers deliver a washing machine

Currys slashes profit outlook as ‘hard-pressed’ customers cut back

Christmas decorations

Bank warns of the ’12 scams of Christmas’ fraudsters use to ruin festivities

Writing as a profession is under threat in the UK

Faster internet connections reaching more homes than ever, Ofcom says