LATEST BUSINESS NEWS

Lego Harry Potter

Lego sales surge but profits held back by rising costs

Boohoo fashion models

Boohoo sales fall to continue as cost-of-living drags on customer demand

Lord Hannan

Fears of a Labour government caused market turmoil, claims Tory peer

Shepherd Neame Brewery

Shepherd Neame boss warns further price increases ‘likely’ due to inflation

Post Office box

Thousands of Post Office workers walk out in strike action

Chancellor of the Exchequer Kwasi Kwarteng

Chancellor Kwasi Kwarteng bids to reassure markets after IMF rebuke

Pound coins and dollar notes

Pound retreats again and FTSE tumbles after IMF’s stinging criticism of UK plans

Jaguar Land Rover

Jaguar Land Rover to train 29,000 staff to work on electric cars

More must be done to support employee mental health, the World Health Organisation has said (PA)

Yoga at work recommended to improve employee mental health

Burberry store

Burberry’s creative director leaving in shake-up at the top

Mini-budget

Kwarteng seeks to calm City nerves after IMF urges a change of course

A British Airways plane

Half-term flights ‘42% more expensive than pre-pandemic’

Cost of living

Patients cut back on medicine, food and heating due to soaring costs – charities

Mini-budget

Kwarteng urged to change course by International Monetary Fund

Royal Mail revenue loss

Royal Mail workers to stage 19 further strikes over next two months

Labour Party Conference 2022

Starmer puts publicly-owned energy firm at heart of plan to restore hope to UK

Royal Mail strike

Royal Mail cleaners and engineers to strike over pay

Chancellor Kwasi Kwarteng

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