LATEST BUSINESS NEWS

Chancellor Kwasi Kwarteng

Bank warns of ‘significant’ rate rises as Kwarteng says his plan will work

London Stock Exchange Group sign

FTSE closes below 7,000 for first time in six months after late drop

Sir Keir Starmer

Starmer promises to restore ‘sense of collective hope’ after Tory turmoil

House buying analysis

Lending giants hiking mortgage rates and withdrawing products

Sir Keir Starmer

Sir Keir Starmer pledges publicly-owned energy company

Cost of Living

Hydrogen will not have major role in heating homes, review of studies finds

Pound coins and notes

Cost-of-living crisis could reverse over-50s ‘great resignation’, survey shows

Rishi Sunak

Sunak supporters express alarm at tax-cutting plan amid market turmoil

Port of Felixstowe strike

Workers begin second eight-day strike at Port of Felixstowe

A Eurostar train

Eurostar boss says Brexit border checks add 15 seconds per passenger

John Swinney

Scotland’s Deputy First Minister says he will not replicate ‘reckless’ tax cuts

Mini-budget

Kwarteng is ‘confident’ growth plan will work despite market turmoil

Sir Charlie Bean

Bank ‘should hold emergency meeting’ amid the threat of a further pound plunge

Labour Party Conference 2022

Starmer promises publicly owned energy firm as he attacks Truss’s government

Just Eat

Just Eat shares soar as firm ups earnings forecast

Hibernian v Rangers

JD Sports, Rangers and Elite Sports fined £2m over football kit price fixing

Irn Bru recipe

AG Barr boss hails ‘momentum’ as drinks firm faces continued inflation

Energy suppliers

Most energy suppliers must improve help for struggling customers, warns Ofgem