LATEST BUSINESS NEWS

Transport Stock

London bus drivers set to strike on same days as Underground and rail workers

Ladbrokes

Betting giants Entain and Flutter to reveal impact of cost crunch on customers

A traffic jam

Pendragon £400m offer collapses after firm ‘unable to engage’ with shareholder

Kwasi Kwarteng

Kwarteng: People must wait until new PM in place for more cost-of-living help

Andrew Bailey

Andrew Bailey denies Bank was too slow to act over soaring inflation

Households cut back on energy and non-essential spending

Cost of living rises affecting most UK households, the ONS says

A person wearing gloves adjusts a central heating thermostat

Energy price cap could reach £4,000 in January, experts warn

Twitter

Twitter labels Elon Musk claims over fake accounts ‘excuses’

WPP reported a jump in half-year profits

Advertising demand drives up sales for WPP but shares slide

An aerial view of houses

Average UK house price falls month on month for first time since June 2021

Pets At Home reports first-quarter sales growth

Pandemic pet boom keeps sales growing for Pets At Home

The London Stock Exchange

London Stock Exchange starts £750m shares buyback after profits jump

Liz Truss

Truss insists recession not inevitable as Sunak warns she will make things worse

A child and her father on a poverty stricken estate in Maryhill, Glasgow, Scotland

Child poverty increasing in key worker households, warns TUC

Footfall stalls

Shopper footfall stalls amid record temperatures and cost-of-living pressure

Conservative leadership bid

Liz Truss insists Bank-predicted recession is ‘not inevitable’

Cabinet Meeting

Boris Johnson and Chancellor Nadhim Zahawi on holiday despite financial gloom

Bank of England stability report

FTSE 100 edges higher after Bank rate hike hammers the pound