LATEST BUSINESS NEWS

Environment Secretary George Eustice

Minister labelled ‘out of touch’ for suggesting shoppers swap to value brands

Federal Reserve

Federal Reserve makes biggest US interest rate hike since 2000

George Eustice

Eustice: Choose ‘value brands’ to help manage household finances

A woman holds a Just Eat takeaway bag

Just Eat Takeaway chairman resigns and executive suspended

Nigel Higgins

Barclays and Standard Chartered shareholder meetings disrupted by protests

Bank junction in the heart of the City of London

Markets slump ahead of predicted interest rate hikes

Ocado van

Ocado shareholders revolt over £20m-a-year bonus plan for bosses

Bank of England

Bank of England to hike interest rates to 13-year high to tackle cost crunch

Kate Forbes

Scottish GDP growth in late 2021 revised up to 1.6%

A selection of credit cards

Households ‘borrowing more but unwilling to touch savings’

Handheld smart meter

Energy firms shoring up finances at expense of consumers unacceptable – charity

TobiasMoers_01

Aston Martin boss Tobias Moers leaves British sports car firm

Power lines

Western Power Distribution pays £14.9m after vulnerable customer failures

A Joules shop

Joules boss to exit as retailer warns cost of living will hit profits

Elon Musk

Elon Musk invited to give evidence to MPs on Twitter takeover

A shopping basket

Consumers could choose value brands to cope with rising food prices – minister

A Boohoo shop sign

Boohoo profits plunge as Covid costs hit and return rates soar

A woman's hand on a keyboard

Klarna to report product use and missed payments to UK credit reference agencies