LATEST BUSINESS NEWS

Shoppers

Bank boss says ‘absolute priority’ to control inflation as rates jump to 1.75%

Scottish Money

Scots will have to choose to ‘freeze or starve’ this winter, claims charity

Serco

Outsourcer Serco to hand out £9m cash boost to workforce

Andrew Bailey

Bank of England predicts 13% inflation and recession as interest rates rise

Scs raises profit outlook but warns over cost of living pressures

Sofa seller ScS warns over cost-of-living pressures

Rolls-Royce

Rolls takes ‘necessary action’ to offset inflation and supply chain woes

A man with his hands over his face

Loan-fee fraud warning as scammers prey on financially vulnerable

Oil rigs in the Cromarty Firth

North Sea decommissioning costs fall 25% to £44.5bn

Gas ring

Gas prices shot up 31% in last week of July – ONS

Pensioner using electric heater

What is the energy price cap and why is it changing?

Workers on a construction site

Construction industry shrinks for first time in 18 months

A bus

Go-Ahead suitors raise takeover offer by £22m

Next

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