LATEST BUSINESS NEWS

OPEC Oil Prices

Opec+ cuts oil supplies to the world as prices fall

School children

‘Strain on parents’ wallets’ as average back-to-school costs rise

Liz Truss

Truss issues: The challenges facing the incoming prime minister

New cars at the port of Southampton

New car market stabilises after five months of decline

High street shoppers

New PM faces mounting recession risk after activity contracts in August – report

Woolworths closures

The Original Factory Shop enjoys profits surge amid high street recovery

Pounds and dollars

Pound falls to 37-year low as markets await announcement of new Tory leader

A room thermostat

Citizens Advice ‘helping more than two people every minute with crisis support’

Liz Truss

Liz Truss ‘strongly considering freeze for energy bills due to economic squeeze’

A new Bovis Homes development

Vistry agrees £1.25bn takeover of housebuilding rival Countryside

A man drinking a pint of beer

‘£20 pints not viable for pubs facing closure over soaring energy bills’

Velour tracksuit

Velour tracksuits and non-wired bras out as shoppers put lockdown behind them

A petrol pump

Petrol drivers still getting ‘raw deal’ despite record fall in pump prices – RAC

View Of Fireplace

Tenth of homeowners plan fires instead of central heating due to energy costs

Bank of England

Liz Truss: It would be wrong of me to countermand the Bank of England’s powers

A Stagecoach bus in Manchester

£2 cap on bus fares introduced

Government urged to support households and cut fossil fuel use as bills soar

‘Significant improvements’ needed to meet offshore renewable targets – report

Sharon Graham

Strikes involving thousands of workers could take place in coming months – Unite