LATEST BUSINESS NEWS

Prime Minister Liz Truss during a press conference at Downing Street (Daniel Leal/PA)

Truss defends her low tax agenda as she makes major U-turn and sacks Chancellor

Rows of houses

Mortgage lenders ‘should feel confidence to put more products on the market’

Loungers is to open a raft of new venues (Loungers / PA)

Hospitality chain Loungers targets 19 more openings

Kwasi Kwarteng

Kwarteng flies back for mini-budget crisis talks with Truss

A woman looking in a mirror

Revolution Beauty’s chief executive and chairman to ‘step away’ amid probe

A general view of Royal Mail vans

Royal Mail to axe around 6,000 jobs amid fresh strikes

The Bank of England

Government bonds and pound rebound amid bond-buying deadline

A person looking upset near a laptop

Consumer champions and finance bodies press for action on online fraud

Kwasi Kwarteng

Chancellor returns early from US as expectation of major U-turn grows

Prime Minister Liz Truss

Expectation of major Truss U-turn grows as pressure on PM builds

Fracking due to begin next week

Labour would ban fracking ‘once and for all’ – Miliband

Conservative Party Conference 2022

Chancellor says ‘let’s see’ on corporation tax U-turn amid growing pressure

Boris Johnson final week in office

Markets likely to force Liz Truss into more U-turns, says Priti Patel

ScotRail train

ScotRail warns customers to check journeys ahead of further strike action

A glass of whisky

Alcohol markets ‘worth £100m’ unlocked after trade talks

Ofgem to launch campaign to help conserve energy

Ofgem to launch campaign to help conserve energy, boss reveals

FTSE 100 recovers ground after hitting a 19-month low

FTSE 100 recovers ground amid mini-budget U-turn speculation

Chancellor Kwasi Kwarteng

Kwarteng insists mini-budget position has not changed despite U-turn speculation