LATEST BUSINESS NEWS

The Foreign Office has announced further sanctions aimed at damaging the Russian economy following the invasion of Ukraine

Further UK sanctions applied aiming to ‘degrade’ Russia’s economy

Tube strike

Strike by Underground workers causes chaos for commuters

Looking across to the square mile financial district, London

European stocks plunge as sanctions worry traders

A petrol pump

Fuel prices hit new record

Centrica financials

British Gas owner Centrica to exit Russia gas supply contracts

Sir Tom Hunter

New economic strategy is undeliverable ‘wish list’, Sir Tom Hunter suggests

A woman using a mobile phone

Bank warns of spike in fake NHS text message scams

Oil tanker ship SCF Samotlor sails under Yavuz Sultan Selim bridge as it crosses the Bosphorus strait after departing from Russia’s Novorossiysk port, in Istanbul (Francisco Seco/AP)

International Energy Agency moves to bolster oil supplies amid Ukraine crisis

Coins and banknotes

Pension schemes assessing portfolios in response to Ukraine crisis

Kate Forbes

Finance Secretary refuses to say why investment bank boss quit

A tax return

More than a million self-assessment customers helped by extended deadline

Sainsbury’s

2,000 jobs at risk as Sainsbury’s axes 200 in-store cafes

fca pay deal

Financial Conduct Authority offers staff new deal with 5% pay rise

LondonCocktail

UK bars stop pouring Russian vodka over Ukraine invasion

A train passenger

Cost of commuting hiked as new rail fares implemented

Finance Secretary Kate Forbes

Forbes unveils ‘radical and bold’ 10-year economic strategy

A man using a laptop

Fee cap for claims management firms comes into force

A horse jumps over a fence

Flutter earnings fall on run of punter-friendly sports results