LATEST BUSINESS NEWS

Cost of living crisis

Price cap pain for energy customers as October forecasts hiked to nearly £3,000

An Ocado delivery van

Ocado to raise £575m through new shares to fund growth

Rail and Tube strikes

Rail strikes going ahead as last-ditch talks fail to resolve dispute

Taxis are expecting a surge in demand (PA)

Taxi operators expecting ‘significant’ surge in demand during rail strikes

London Stock Exchange

Banks and oil majors help FTSE to gains despite rail strike confirmation

Rail ticket stock

Unions seek urgent talks with Government over future of rail ticket offices

Passengers queue at Heathrow

Heathrow requests 10% flight cut while easyJet cancels thousands of departures

Festival-goer Sujeong Yoo

Glastonbury festival-goers say they face travel ‘nightmare’ amid rail strikes

The Bank of England

Bank of England decision-maker repeats call for higher interest rates

The owner of Holiday Inn has partnered with Unilever to remove miniature shampoos and body wash from its hotels by 2030 in a bid to eliminate single-use plastics from its venues

Holiday Inn owner partners with Unilever to axe hotel bathroom miniatures

Simon Clarke

No ‘inflation-busting’ pay rise for public sector workers, Treasury says

Rail and Tube strikes

‘Not helpful’ for Government to intervene in rail strike talks, says No 10

A CrossCountry train

What is each train operator planning for the rail strikes?

M&S shop, with people walking around it

M&S hires former Tesco executive to head up food arm

A Primark store

Primark to launch new click-and-collect trial

Man at rail station

Minister sorry about travel ‘misery’ as rail strikes set to go ahead

An affordability test for mortgage lending will be ditched from August, the Bank of England has confirmed

Mortgage affordability rule will be ditched from August

Music fans at Paddington station in London

More than half of Glastonbury trains axed due to rail strikes