LATEST BUSINESS NEWS

A woman stands in a currency exchange office in St Petersburg, Russia

Russian stock market resumes trading after being crushed by war

People take part in a demonstration against the dismissal of P&O workers in Cairnryan, Dumfries and Galloway

P&O chief executive to be quizzed by MPs over sackings

Chancellor Rishi Sunak

Raising NI threshold ‘will soften financial blow of health and social care levy’

Taylor Wimpey financials

Construction sector drags FTSE to first loss for a week

An elderly woman holding coins

How will the spring statement affect me?

Chancellor of the Exchequer Rishi Sunak

Sunak offers tax cuts but living standards set for biggest fall in 66 years

Rishi Sunak

Spring statement: What did the Chancellor announce?

Bank notes and coins

Growth to slow as Ukraine war set to push inflation to 40-year high – OBR

Hospitality at Cheltenham Festival

‘Thousands of jobs could be lost’ over lack of support warn hospitality leaders

P&O Ferries

Prime Minister says it appears P&O ‘broke the law’ over sackings

Spring Statement

Sunak promises tax cuts as economy reels from soaring inflation and Ukraine war

Installing loft insulation

VAT scrapped for insulation, solar panels and heat pumps in bid to curb bills

Nothing phone (1)

British tech firm Nothing launches first UK smartphone in five years

A petrol pump

Rishi Sunak cuts fuel duty by 5p per litre

Spring Statement

Growth forecast slashed as Sunak promises help to cope with economic uncertainty

Lloyds Banking Group has said it will close 60 bank branches across the UK (Stefan Rousseau/PA)

A list of all Lloyds, Halifax and Bank of Scotland branches to close

Lloyds sign

Lloyds Banking Group axes 60 more branches

Rishi Sunak

Sunak warns of ‘challenging’ economic picture ahead of spring statement