LATEST BUSINESS NEWS

A banking app on a phone

Single mother faces restless and ‘heartbreaking’ wait for cost-of-living payment

The euro sculpture in front of the former European Central Bank in Frankfurt, Germany

EU forecasts high inflation and lower growth as Russia’s war ‘casts long shadow’

Credit cards being cut up

Securing a mortgage or other credit ‘set to get tougher over the summer’

Manufacturers pay pressure

Quarter of firms see turnover slump amid cost-of-living crunch

Euro notes

Holidaymakers taking more cash away on their trips, says Tesco Bank

Visa and Mastercard cards

MPs demand answers from Visa and Mastercard over post-Brexit card fees hike

A river

Bosses of water firms should face prison for pollution – Environment Agency

Channel 4 headquarters in London

Tory leadership candidates urged to halt Channel 4 privatisation plans

Upper Crust logo

Passengers delayed in airports and stations provide boost for Upper Crust owner

People holding an Aslef banner

Train drivers to strike over pay

Cars on a road

Car insurers see shares tumble as Sabre warns over hit from soaring costs

A gambling website

Charity ‘deeply concerned’ over reports of delay to gambling White Paper

Amazon packages

Amazon announces 4,000 new UK jobs

Insolvency costs

Worsening economic outlook and inflation woes pull FTSE lower again

China Economy

China’s economy shrinks 2.6% during virus shutdowns

RMT

RMT announces further rail strikes in August

Italian gelato ice cream display in shop

Britons turn to ice cream and canned cocktails in face of amber heat warnings

Sunflowers in the field of growers Charles and Henry Robinson near Spalding, Lincolnshire, UK. (Paul Marriott/ PA)

Rocketing demand for Ukraine’s national flower the sunflower – supermarket