LATEST BUSINESS NEWS

Autumn statement 2022

Misery for millions as economy slumps into recession

Scottish money

Leadership and long-term thinking needed on costs crisis, says business chief

Cost of living crisis

Cost-of-living payments and benefits rise ‘too late’, say recipients

Chancellor of the Exchequer Jeremy Hunt

UK ‘swings’ from scrapping 45p tax to lowering of top rate threshold

The Royal College of Nursing (RCN) has issued an ultimatum (Peter Byrne/PA)

Royal College of Nursing warns of December strikes over pay

Power cuts

Sterling drops but gas generators lift the FTSE 100

ScaleupScotland2.0

Almost £14bn business rates relief welcomed as online sales tax scrapped

WhatsApp business search

WhatsApp users can now search for and message businesses directly

An elderly woman counting coins

‘Sigh of relief’ for pensioners as triple lock is confirmed for next April

A person turns a heating thermostat down

All NI households to receive £200 payment to help with energy costs – Chancellor

Energy Costs

Wind and solar farms to pay nearly half of windfall profits to Treasury

Autumn statement 2022

Economy set to shrink by 2% as Government debt to soar £400bn higher – OBR

Bulb Energy website viewed on a mobile phone

Cost of Bulb bailout rises to £6.5bn

Schools in England will get an extra £3.6 billion over the next two years, the Chancellor has announced (Ben Birchall/PA)

Hunt pledges £4.6bn more for schools, saying good education is ‘moral mission’

Insulation being laid in a loft (Philip Toscano/PA)

Extra £6 billion funding for insulating draughty homes ‘too little, too late’

City of London skyline

Bank surcharge slashed but ‘so-called cut’ means 1% tax rise for sector

Models of houses on coins

House prices expected to fall by 9% over next two years, says OBR

Autumn statement 2022

Hunt pledges to make UK ‘the world’s next Silicon Valley’