LATEST BUSINESS NEWS

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

Burberry

Chinese Covid restrictions weigh on Burberry sales

Fever-Tree drinks

Fever-Tree profits lose fizz over surging costs and staff shortages

Boris Johnson on a visit to the UAE and Saudi Arabia

Saudi government fund becomes second biggest shareholder in Aston Martin

Shoppers on Edinburgh's Princes Street

Economic recovery starting to falter as cost of living bites, experts warn

Russian invasion of Ukraine

Johnson: ‘New impetus’ to cut food tariffs to address cost-of-living squeeze

Royal Mail

Royal Mail managers vote to strike in jobs dispute

Liverpool’s Lime Street Station (Peter Byrne/PA)

Fresh rail disruption threatened after railway workers back strikes

City of London skyline

London markets lower at close amid waning consumer confidence

Pricing dispute between Heinz and Tesco

Tesco shelves running bare of Heinz products in dispute over pricing

Mulberry

Mulberry boss calls for Government to reinstate tax-free shopping for tourists

A tub of Ben & Jerry's ice cream

Ben & Jerry’s to remain on sale in West Bank after Unilever agrees Israel deal

A motorist fills up with petrol

Fuel thefts up 61% as pump prices keep climbing

People waiting for a bus

Stagecoach notches up revenues of £1.2 billion as bus demand recovers