LATEST BUSINESS NEWS

Housing

Berkeley Group says profits on track but sees spiralling costs

Artist's impression of the HS2 Birmingham Interchange station

New HS2 station will bring in 1,000 jobs, says mayor

An ATM and a card

New banking hubs announced to help communities with their cash needs

A woman using her mobile phone

HSBC, First Direct and Metro Bank join anti-scam phone service

Grocery price inflation

Consumer spending slows in August as inflation bites

Coronavirus – Wed Apr 27, 2022

More than £8 billion of bounce back loans in arrears, new figures show

Liz Truss

Plunging pound precedes new PM but FTSE treads water

Aston Martin badge

Aston Martin launches £575m rights issue backed by Saudi Arabia’s PIF

The City of London

Truss will need to soothe rattled gilt markets, experts warn

A boiler

Truss’s premiership ‘will be defined by response to cost-of-living crisis’

Liz Truss

Truss must take ‘decisive action’ to help firms over inflation, trade bodies say

Currency

Sterling stays steady with Truss victory after earlier falling to 37-year low

Unison members take part in a protest in Belfast

Tackling cost-of-living crisis must be Truss’s number one priority – unions

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