LATEST BUSINESS NEWS

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

Cost of living crisis

Why has the Bank raised interest rates, and what does it mean?

Rail strikes

More rail workers to strike in worsening pay, jobs and conditions dispute

Gordon Ramsay

Gordon Ramsay’s restaurant group cut 300 staff last year as losses grew

Bank of England Governor Andrew Bailey

UK to be hit by drawn-out recession and 13% inflation, Bank warns

Russia Ukraine war

First shipment of Ukrainian grain since war began ‘to arrive in UK in 10 days’

The Bank of England

Another hefty rate rise may be on the cards in September, economists warn

Models of houses on coins

£50-a-month jump in average tracker mortgage costs following rate rise

Governor of the Bank of England, Andrew Bailey

Bailey defends Bank of England’s independence as clash with Truss looms

Conservative leadership bid

Truss and Sunak allies trade blows over tax plans ahead of Sky debate