LATEST BUSINESS NEWS

A mobile phone

7m hours collectively spent waiting to speak to taxman in 2022-23, report finds

A house shaped piggy bank

More older buyers looking to get on housing ladder, figures show

Offshore wind turbines

Long-term plan needed to harness UK’s green industries, researchers say

Oliver Dowden

Dowden raised concerns about Neom project during Saudi trip, says No 10

Tesco profits

Tesco chief’s pay more than doubles to nearly £10m

London Stock Exchange

FTSE edges into the green despite stubborn UK wage inflation

A GameStop branch in the US

GameStop shares continue rally amid meme stock resurgence

Beer pumps in a Marston's pub

Marston’s eyes Euro 2024 pub boost as half-year sales grow

Barrels of oil

Russian oil still ending up in UK despite sanctions, MPs told

People walk through Spitalfields, London

UK wage growth resilient despite jobless rate rising to highest in nearly a year

Potash mine in Whitby

Anglo American to slow work dramatically at £7bn Yorkshire mine

Water bills to rise by 6%

Pennon’s £380m SES Water buyout likely to get green light, says watchdog

Job Centre

Jobless rate rises to highest for nearly a year, figures show

Energy tariffs

Ofgem proposes scrapping ban on cheaper energy tariffs for new customers early

Bank of England

Bank’s top economist says ‘not unreasonable’ to consider summer rate cut

Oliver Dowden

UK ministers visit Saudi Arabia to boost trade ties amid ‘lethal force’ reports

Cocktail bartender

No buyers step forward to buy troubled Revolution Bars Group

Greggs

Greggs cooks up sales rise after hitting shops milestone