LATEST BUSINESS NEWS

Crowds celebrating the Platinum Jubilee

£1.7bn withdrawn from ATMs as people celebrated Platinum Jubilee

London stocks moved higher on Monday (Ian West/PA)

London markets jump as China eases Covid restrictions

Elon Musk

Musk threatens to walk away from Twitter deal

Sainsbury’s sign

Sainsbury’s hands boss £3.8m pay and bonus package

Rishi Sunak

Chancellor: ‘No pressure to release £21bn support a day after Sue Gray report’

People walking past a ScotRail train

Talks between union and ScotRail adjourned until later this week

People waiting to board a bus in Paddington in London

Tube strike causes ‘chaos’ for commuters

Unison flag

Unions submit pay claim for 1.4m council and school workers

An airline passenger pulling a suitcase

Gatwick passengers given ‘no help’ after flight cancellations

Social distancing signs in a shopping centre

Coronavirus pandemic led to £140bn-worth of ‘forced saving’

People using ATMs

Savers ‘may be underestimating rates they receive from high street banks’

A New Look store

New Look boss Nigel Oddy to step down from fashion firm

Oil rigs in the Cromarty Firth

Gas producer Serica to offset ‘large element’ of windfall tax

Shoppers

‘Jubilee jump’ in shopper footfall for UK high streets

An easyJet plane

Holidaymakers stranded overseas due to flight cancellations

Cars at the Vauxhall plant in Ellesmere Port, Cheshire

Car industry suffers second worst May in three decades

A petrol pump

Call for ‘radical government intervention’ with petrol set to hit 180p per litre

Nationwide Building Society

Nationwide extends branch pledge amid cost-of-living crisis