LATEST BUSINESS NEWS

Money

Government confirms ‘unacceptable’ 5% pay rise for experienced teachers

Money stock

Public sector pay rises announced

Royal Mail vans

Royal Mail workers vote to strike over pay

Someone putting fuel into their car at a petrol station

Inflation expected to have soared even higher in June as cost crisis ramps up

A British Airways plane

Grant Shapps: Aviation emissions should never return to pre-pandemic levels

A line of empty hospital beds in an empty corridor in a British hospital

Hospital and prison workers leaving to stack shelves, MPs told

McPlant burger

Free food giveaway as McDonald’s launches UK rewards scheme

A worker in a manufacturing plant

Factory worker shortages costing the UK £7bn in lost output, MPs told

An easyJet plane

EasyJet ‘can’t guarantee’ smooth experience for summer passengers

A Virgin Money branch

Virgin Money to hand out £1,000 cost-of-living bonus to staff

Living costs

Workers face record pay slump in face of rocketing inflation

An easyJet engine

EasyJet and Rolls-Royce form partnership to develop hydrogen engines

Joules financials

Joules lifts profit outlook after cost-cutting ‘progress’

A woman on a Made.com sofa

Made.com reviews workforce to slash costs in face of consumer spending slump

A Hotel Chocolat shop

Hotel Chocolat shares melt after warning over annual losses

A worker cleans a protective screen in a clothes shop

Workers see wages lag behind inflation at 20-year low

Models of men and women on a pile of coins and banknotes

58% of over-55s ‘want to see benefits of legacies in their lifetimes’

A shopper looks at salad vegetables in a branch of Waitrose in south London

Shoppers face £454 jump in annual grocery bills as food inflation soars