LATEST BUSINESS NEWS

Ocado

Ocado slashes sales outlook amid pressure from cost of living crisis

Southeastern trains

Govia slapped with £23.5m penalty over Southeastern scandal

A Deliveroo rider

Deliveroo losses swell to £298m as it predicts growth slowdown

Online Safety Bill to be strengthened

Updated Online Safety Bill reaches Parliament promising to make internet safer

An aerial view of rows of houses

Confidence that now is a good time to buy a home ‘at lowest level since 2008’

TUC research on childcare costs

Childcare costs placing huge pressure on family budgets – TUC

Money stock

Independent Commissioner needed to look after rights of older people – study

Boris Johnson visit to the UAE and Saudi Arabia

PM can boast no oil commitments during ‘dictator to dictator’ trip to Saudi

Boris Johnson visit to the UAE and Saudi Arabia

PM to ‘stick to principles’ amid claims he is going from ‘dictator to dictator’

London stocks

Europe’s markets bounce back over Ukraine talks and China stimulus

Grain LNG site, Kent

Energy giant ‘actively’ eyes plans to reopen Middlesbrough gas terminal

Models of people on coins

Tax rise due to be £12.5bn bigger than expected amid inflation surge, says IFS

Bank of England

Bank mulls rate hike amid inflation dilemma caused by Ukraine conflict

A Wagamama sign

Wagamama owner enjoys sales boost

The City of London

Nearly all FTSE 100 firms reach boardroom ethnic diversity targets

Credit and debit cards

Record 69% of debit card transactions in December were contactless

Zara shop

Omicron cuts into sales momentum at Zara owner Inditex

Fuel pumps

Average petrol price reaches £1.65 per litre