LATEST BUSINESS NEWS

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

JD Wetherspoon

Wetherspoon hopes to ‘break even’ this year, but cautions over cost woes

A scene from the Land Rover ad showing the vehicles parking on a cliff edge. (Jaguar Land Rover/PA)

Land Rover ads banned over cliff-edge parking sensor scene

Twitter on a phone

Elon Musk says governments and business could face ‘slight cost’ to use Twitter

The Paddy Power website

Flutter reveals £30m safer gambling hit and slump in UK online betting

Liberty Steel

Investigation launched into Gupta accountants

An aerial view of London

Millions of homes ‘pushed into higher stamp duty brackets during pandemic’

People looking in an estate agent's window

Rising living costs ‘forcing first-time buyers to delay home purchase plans’