LATEST BUSINESS NEWS

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Next hikes profit outlook after hot weather boosted summer sales

Conservative leadership bid

Sunak and Truss clash over tax plans ahead of debate

Technology Stock – Social Media

Call for VAT cut on ‘essential’ telecoms as millions struggle to pay bills

The Bank of England

Nearly two-thirds say rising interest rates worry them

Rishi Sunak and Liz Truss

Sunak attacks Truss’s ‘premature’ tax plans before Bank’s move on interest rates

Winter weather Jan 29th 2022

London markets close higher as US-China worries ease

Models of houses on coins

Renters paying ‘bills included’ may miss out on energy costs help, charity warns

The logo of the Organisation of the Petroleoum Exporting Countries is seen outside Opec’s headquarters in Vienna, Austria

Opec and allies to boost oil output by slower pace than previous months

Dyson requires robotics engineers

Dyson fined £1.2 million after 1.5 tonne machine falls on worker

Ring video doorbell

Chime sound was key to company success, Ring smart doorbell creator says

Shell hands out 8% bonus to staff

Shell to give staff 8% bonus after record profits

Electronic screens in New York’s Times Square announce the Robinhood IPO

Robinhood cuts 23% of its workforce as fewer users trade

Interest rates

Warning over 15% inflation as rates set for fastest rise in nearly 30 years

The Times CEO Summit

Sir Nick Clegg to return to London as part of Meta global affairs role

Sluggish productivity and gender and regional disparities are slowing growth, the OECD said

Sluggish productivity and inequalities slowing UK economic growth, warns OECD

Fuel prices

Big retailers failing to cut fuel prices in line with wholesale cost, RAC warns

City of London stock

Insurer Hiscox slides to £88m loss amid hit from Ukraine conflict

Office attendance data

Service sector at worst point since Alpha variant lockdown, survey suggests