LATEST BUSINESS NEWS

An H&M store

H&M to cut 1,500 jobs globally as cost-of-living pressures bite

Loungers bar

Loungers profits dip over costs but bosses ‘optimistic’ for Christmas trade

A branch of HSBC

The 114 HSBC branches due to close next year

An electricity pylon

Ofgem promises big investment but frozen bills as it sets out local grid plans

A motorway

Motor insurance policy fraud cases jump as households squeezed by living costs

Mulberry

Mulberry makes plea for return of VAT-free shopping as wealthy shun London

An HSBC branch

HSBC to axe 114 branches from April in move to mobile banking

A woman holds a bank card as she uses a laptop

Bed-in-a-box brand Emma facing CMA probe amid pressure selling concerns

A shopfront in Rome

Inflation eases in Europe – but remains in double digits

Scotland’s economy

Business confidence at highest rate since July, report shows

Olena Zelenska

Government hails new digital trade agreement with Ukraine

A running tap

Water firm Pennon sees profits hit by soaring power costs

An advert for Mulberry

Mulberry swings to loss as UK sales take hit amid economic woes

Food inflation

Food inflation surges to 12.4% amid predictions of ‘increasingly bleak’ winter

A piggy bank

Proposals to make financial advice more accessible set out by City regulator

A woman using a mobile phone

Banks leaving customers vulnerable to fraudulent ‘spoofing’ scams, says Which?

Nurses

Ministers rebuked for ‘exaggerating’ nurses’ pay rises

Someone using Spotify on a phone

Watchdog’s music industry probe finds no competition problems