LATEST BUSINESS NEWS

Models of houses on coins

What does the Bank of England base rate hike mean for homeowners?

An Ocado van

Amazon takeover rumours spark spike in Ocado shares

Bank of England

Mortgage crisis to deepen as Bank unexpectedly hikes interest rates to 5%

hearing aid

Watchdog blocks merger of hearing implant firms ‘to protect patients and NHS’

Piles of coins

£35.8bn gap between tax expected to be paid and amount collected in 2021/22

A Vodafone store

Ousted Vodafone boss picks up more than £4m in pay and bonuses in 2022-23

UK GDP figures

Three in five people think the UK is already in recession – poll

Make UK Conference

Subsidy for mortgage holders not right approach to crisis, says Labour

Inflation

Worse-than-expected inflation figures spark economic concerns

Interest rates

Government under fire over mortgage crisis as Bank set to hike rates again

Whitbread financials

Premier Inn owner sees UK sales jump amid strong demand

UK interest rates

Bank of England set to raise interest rates again as high inflation sticks

Milk bottles

Arla warns of further price rises unless labour shortage addressed ‘urgently’

A piggy bank being smashed with a hammer

45% of mortgage holders finding it difficult to pay bills, charity warns

Elderly stock

One in seven aged 65 and over turning to loans and credit cards, survey finds

Ukraine Recovery Conference

Sunak feels ‘deep moral responsibility’ to keep his inflation-cutting pledge

Shadow chancellor Rachel Reeves

Labour would force banks to help struggling borrowers to diffuse ‘mortgage bomb’

Cakes and biscuits

Calls for cigarette-style health warnings for ultra-processed foods