The UK’s energy price cap is expected to rise in October to around £2,800, Ofgem’s chief executive says. The cap which applies until 31...
Business
British Airways’ (BA) parent company is facing a shareholder pay revolt amid criticism of proposals for an “excessive” hike in...
The cost of living crisis is causing “anxiety and uncertainty” for millions – but apps to help “feel a bit more in control” amid...
The governor of the Bank of England has hit back at criticism that its decisions have contributed to the highest inflation in 40 years. Andrew Bailey said he...
Windfall tax cannot be ruled out amid ‘extraordinary’ cost of living pressure says Treasury minister
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...
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...