LATEST BUSINESS NEWS

Bank of England

Bank of England spends fraction of £65bn emergency gilt-buying programme

Nurse strike

Nurses’ strike ballot: Who is Pat Cullen?

Empty platforms at King's Cross station

Only 20% of trains will run on Saturday due to rail strike

Houses being built

Construction sector rebound overshadowed by mounting gloom over outlook

Aerial view of housing

Average five-year fixed mortgage rate hits 6% for first time in 12 years

The owner of fashion chains JD Williams and Simply Be said more cautious consumer spending and shrinking budgets have led to a tough retail environment - as it revealed its profits have almost halved

Simply Be and JD Williams owner warns of ‘tough’ retail environment

A woman on the phone

Catalogue Easylife fined £1.48m for using personal details to sell health items

Imperial Brands

Imperial unveils £1bn share buyback as it cheers boost from travel rebound

An Amazon warehouse

Amazon frontline workers to get special payment of up to £500

Kwasi Kwarteng

Chancellor to hold talks with bank chiefs amid mortgage rate surge

Nurses on a hospital ward

Nurses start voting on strikes over pay

A piggy bank being smashed

Pension savers may be vulnerable to scammers as living costs bite, FCA warns

Coins and banknotes

27% of households who are worried about their bills ‘helping others financially’

Models of people on coins and banknotes

£2 taken from households in ‘stealthy’ freezes for every £1 in tax cuts – IFS

A high street

Shopper footfall recovery slows as households face ‘severe economic situation’

Energy prices

Tampering with energy meters ‘can create ticking time bomb’

Euston station during the rail strike in London

Fresh travel misery for rail passengers

BP

Oil majors save FTSE from heavier losses after Opec moves to slash production