LATEST BUSINESS NEWS

RMT general secretary Mick Lynch

Government accused of prolonging rail workers dispute

UK Government-backed mortgage scheme

FTSE tumbles to lowest close in 18 months

A Marks & Spencer store

M&S to accelerate plan to shut quarter of larger stores

A man working in a Royal Mail sorting office

Royal Mail workers set to walkout in fresh strike over pay and conditions

Bank of England

Bank of England insists bond-buying plan will end this week amid gilts sell-off

Conservative Party Conference 2022

Chancellor faces fresh Tory pleas to ‘further row back’ tax cutting plans

A vegetable burrito

Traffic light eco-ratings on menus ‘prompt diners to choose vegetarian dish’

A piggy bank

Pension scammers could use market volatility to strike, warns regulator

Terraced housing

Truss commits to abolishing ‘no-fault’ evictions of private renters in England

Jacob Rees-Mogg

Economists dismiss Rees-Mogg blaming Bank rather than mini-budget for turmoil

Liz Truss during Prime Minister’s Questions in the House of Commons

PM accused of ‘scapegoating’ Bank of England after mini-budget economic turmoil

More than three-quarters of people said they would layer up and wear warmer clothes rather than put on the heating

Nearly a fifth ‘will try to hold off turning heating on until at least December’

A high street

Britain ‘step closer to recession’ after economy shrank in August

A thermostat

Two-thirds ‘worried their financial situation will worsen in the year ahead’

Bank of England

Households struggling with mortgages ‘might reach 2008 peak next year’

The Bank of England

Bank of England promises to end gilt purchases on Friday

Rail strikes

Hopes of a ‘slight change’ in talks to end rail dispute

Jacob Rees-Mogg

City turmoil ‘more to do with interest rates’ than tax measures, says Rees-Mogg