LATEST BUSINESS NEWS

A British American Tobacco office

Lucky Strike firm BAT reveals £957m hit from leaving Russia

A Lloyds bank sign

Lloyds profits beat expectations but £377m put by for loan losses in cost crisis

Rail strikes

In Pictures: More rail disruption as workers strike again

McDonald's restaurant

McDonald’s increases price of cheeseburger for first time in 14 years

Members of the Rail, Maritime and Transport union on the picket line outside Bristol Temple Meads station

Travel chaos as thousands of rail workers strike over jobs, pay and conditions

Woman using hand gel

Reckitt reveals big price hikes as US baby formula business booms

Banknotes

Financial services companies must have consumer duty in place from July 2023

Undated handout from OEUK – submitted 26/7/22

Carbon capture could be worth £100 billion to UK economy by 2050 – report

Houses being built

One in seven could move if their town does not go green, survey suggests

Credit Suisse building

Credit Suisse CEO resigns as bank posts second quarter loss

Lloyds Banking Group

Lloyds profits fall as it sets aside £377m for loan defaults over living costs

Passengers at Frankfurt

More than 1,000 Lufthansa flights cancelled as staff go on strike

GSK sign

GSK spin-off Haleon reports price hikes in Europe

Models of people on coins

New consumer duty for firms ‘will lead to major shift in financial services’

Tube strike

Tube workers to stage fresh strike in dispute over jobs and pensions

City of London stock

Markets stall over gloomy economic outlook and Russian gas cuts

Lloyds staff protest

Lloyds Banking Group to shut 66 more branches

One of the Liverbirds that sits atop of the Royal Liver Building (Peter Byrne/PA)

Mayor calls for bus company to ‘put people before profit’ as strikes continue