LATEST BUSINESS NEWS

Cost of living crisis

Market sell off has ‘UK-specific component’, Bank’s chief economist says

An elderly man

Government is ‘absolutely committed’ to pensions triple lock – Kwarteng

Sir Keir Starmer with shadow chancellor Rachel Reeves

Labour more trusted than Conservatives on the economy – poll

Postal strike

Royal Mail workers to launch 48-hour strike in pay dispute

Liz Truss

Truss insists mini-budget is the ‘right plan’ despite market turmoil

Old paper banknotes

Consumers warned Friday is last day paper banknotes can be spent

The Port of Liverpool viewed from New Brighton (Peter Byrne/PA)

Dock workers to stage fresh strikes in pay dispute

Liz Truss could not guarantee people's pensions

Truss fails to guarantee Brits' pensions are safe after Bank of England steps in to stop risk of funds collapsing

Fuel pumps

Record gap between petrol and diesel prices

An oil rig at sunset

New oil and gas licence plans will withstand legal challenge, says energy boss

M&G

M&G break-up is not on the cards, says new boss

Nicola Sturgeon

Sturgeon: Economy better off when Prime Minister was ‘missing in action’

H&M takes £170m hit from Russia exit as profits plunge

H&M to cut costs by £160m as it takes hit from inflation and Russia exit

London skyline

Stock markets give back gains made after Bank of England’s intervention

Martin Lewis

Mortgages ticking timebomb if interest rates rise as predicted – Martin Lewis

Co-op shop

Profits tumble at Co-op amid soaring energy and labour costs

Bank of Ireland branches due to close

Bank of Ireland fined more than 100m euro over tracker mortgage breaches

All Bar One venue

Heatwave and rail strikes disrupt trade at All Bar One owner M&B