LATEST BUSINESS NEWS

Fruit and vegetables stock

Milk, eggs and coffee see big price hikes as UK inflation jumps higher

A tube station entrance in Kensington

Average UK house price £24,000 higher than a year earlier

Rishi Sunak

Inflation soaring to 30-year high pressures Sunak to help with spring statement

Pylons

Failure of energy suppliers will add £2.4bn to bills – Ofgem

A petrol pump

Fuel prices hit new records ahead of spring statement

People in supermarket

Inflation surges to 6.2% as cost-of-living crisis escalates

Tesla car plugged in

Drivers must have ‘right to charge’ in switch to EVs, says car industry body

CITY Pendragon

Pendragon warns Ukraine conflict could further hit new car supply

A Saga vessel

Saga narrows losses as cruises resume

A funeral director

Dignity returns to profit as customers spend more on funerals

Rishi Sunak waves

Chancellor expected to announce fuel duty cut in spring statement

Fuel prices

Russia sanctions will cost the UK and poorest will be hit hardest, warn MPs

Petrol pumps

Four out of five motorists want cut duty or VAT cut on fuel – poll

Cost of living crisis

Fifth of older households ineligible for council tax rebate ‘living in poverty’

Rishi Sunak

Chancellor urged to go further as ‘unwelcome’ cost of living records are broken

Canary Wharf

Finance firms help FTSE climb despite higher borrowing

Energy bill rises

Energy firms ‘increasing direct debits disproportionately to price cap rise’

Electricity pylons

Chancellor must help businesses with rising energy bills, groups say