Energy companies have been told by the government that “all options are on the table” if they do not reinvest their bumper profits – amid a...
Business
Europe’s reliance on Russian oil and gas is funding the rape and murder of Ukrainian children, an MP and member of the country’s delegation to the...
The Royal Agricultural University (RAU) is launching a new scholarship scheme to encourage more British students from ethnic minorities to enter the farming...
A senior figure in Donald Trump’s Cabinet is plotting a £700m deal that would see one of Britain’s biggest digital-only banks being listed on...
Hundreds of staple grocery items had shot up in price by more than a fifth over the two years prior to the surge in food inflation caused by Russia’s war...
Britons must brace themselves for a “very unpleasant period”, with “considerable” interest rate hikes now needed to prevent a re-run of...
National Grid has seen its annual pre-tax profits increase by 107% to £3.4bn. The energy network operator attributed much of the rise to its £7.8bn...
British consumer confidence has plunged to its lowest level since records began nearly 50 years ago, a survey has suggested, adding to fears that the economy...
Royal Mail has said it will need to rise prices and cut costs in the face of soaring inflation. The company warned that it sees “significant...
Britain’s biggest dairy producer has admitted the price of milk will continue to increase due to sky high energy costs that have already risen by 200%...
There is no getting away from the shock of the headline figure here. The consumer price index is the main measure we use to track how fast the prices of the...
Business Secretary Kwasi Kwarteng has written to the leading petrol retailers “to remind them of their responsibilities” to pass on tax cuts to...
Real wages have dropped by 1.2% as regular pay growth fails to keep up with soaring inflation, according to the latest official figures. The Office for...
The £4.25bn takeover of Chelsea Football Club has been thrown into fresh doubt amid a renewed impasse between owner Roman Abramovich and Whitehall over...
The energy price cap, the mechanism that determines gas and electricity bills for 22 million households, could soon be reviewed every three months under plans...
Oil giant Saudi Aramco has revealed its profits skyrocketed by more than 80% in the first three months of the year, with prices buoyed by post-pandemic global...
