LATEST BUSINESS NEWS

An ScS sofa

Sofa seller ScS says shoppers are putting off big-ticket buys as inflation bites

Aerial views of homes

Two and five-year fixed mortgage rates at highest average levels since 2008

A passenger at an airport

Financial instability hits travel firms with ‘double squeeze’

The Bank of England

Bank of England intervenes for second day running to ease market turmoil

The Bank of England

Bank of England further boosts gilt-buying programme as market turmoil returns

Marston's

Demand for drink continues despite cost-of-living pressures, says Marston’s

An airline passenger with a suitcase

Survey finds foreign travel nearly doubled after Covid rules were lifted

Morrisons wonky fruit and veg

Consumers turn to wonky fruit and veg as grocery inflation hits new record

Chancellor Kwasi Kwarteng

Kwarteng faces finding £60bn of public spending cuts, says IFS

Passengers at Heathrow

Heathrow regains status as Europe’s busiest airport

People looking in an estate agent's window

Homeowners wanting to sell by Christmas must ‘market home by early November’

Shoppers in Glasgow city centre

Price inflation buoys shop sales as cost-of-living woes hit shoppers

A sign advertising for staff

Three-quarters of UK business struck by labour shortages – survey

A broadband cable and router

Virgin Media cuts price of social tariff broadband package

GCHQ centenary

Chinese state trying to manipulate tech for global influence, GCHQ boss to warn

City of London

FTSE drops as gilt yields soar

Kwasi Kwarteng

Chancellor U-turns to agree to Halloween publication of economic vision

HM Treasury sign

Treasury insider is the new top official in the department