LATEST BUSINESS NEWS

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

The Gym Group

The Gym Group set to raise prices to offset higher costs

A computer 'at risk' warning screen

Avast cybersecurity merger on hold amid competition warning

Fever-Tree drinks

Fever-Tree warns over hit to 2022 as costs soar amid Ukraine conflict

Prime Minister Boris Johnson arrives for a media interview at the Emirates Palace hotel in Abu Dhabi

Boris Johnson heads to Saudi Arabia as he seeks to wean West off Putin’s oil

Marketing call fines

‘Predatory’ firms fined over 750,000 marketing calls to elderly and vulnerable

Cyber crime

Facebook parent company Meta joins UK anti-scams initiative

A homeowner turns down the temperature of a gas boiler

Rapid moves to cut energy demand ‘will curb bills and Russian gas imports’

Intel

Intel unveils £67bn chipmaking expansion plan for Europe

Wages

Workers suffer steepest decline in real wages for over eight years

James Bond

EU regulators clear Amazon’s £6.48bn purchase of MGM