LATEST BUSINESS NEWS

Thameslink franchise

Bidder drops out of £650m race for rail operator Go-Ahead

The interest owed by the Treasury jumped due to a spike in energy bills in April

Borrowing soars as runaway inflation pushes up interest

A Sports Direct store

Mike Ashley’s Frasers Group delivers profit surge but warns over cost of living

A steel plant

City watchdog failed British Steel pension savers, MPs say

Retail

New retail discounts announced to help families at the checkout

An energy bill

28% of people ‘have acted for first time this summer to cut energy use’

Banknotes and coins

Cost-of-living crisis contributing to rise in fraudulent claims, say insurers

Passengers queue to check in at Gatwick's South Terminal

Gatwick hires hundreds of security staff to ease summer rush

Nurses working on a hospital ward

Bosses face ‘impossible choices’ over cost pressures, says NHS Confederation

Smart Energy GB research

Calls growing for ‘consumer strike’ on energy bills – Martin Lewis

London skyline

European markets lose wind in their sails amid Russian gas fears

New nuclear power plant

Government go-ahead for new nuclear power station

Kwasi Kwarteng

Go-ahead for new nuclear power station

Money

As inflation reaches 9.4% – what is it and how will it impact your savings?

A view of houses

Average UK house price is £32,000 higher than a year ago

Bank of England

Bigger interest rate hike on the way after inflation hits 9.4%, say experts

Food in a supermarket trolley (Jon Super/PA)

How everyday items have risen in price in the past 12 months

Auditor BDO

Watchdog criticises BDO and Mazars over ‘unacceptable’ audits