House prices have dropped for the fourth month in a row as cost of living pressures and higher borrowing costs dampen demand. The average house price fell to...
Business
Windfall tax payments are to cost Shell around $2bn (£1.7bn), the oil and gas company has revealed. The cost of the UK’s energy profits levy and the...
Hauliers exporting goods to the European Union have faced fresh disruption since the turn of the year as a glitch in the UK’s digital customs system and...
The government is bringing forward new strike laws to “maintain a basic function and deliver minimum safety levels” in the public sector during...
Next performed better than expected over the Christmas period and has increased its profit outlook as a result, painting a positive picture for retail over the...
Amazon has announced that it is cutting 18,000 jobs – the biggest round of layoffs in the company’s history. In a note to employees, CEO Andy Jassy...
Government support for business energy bills will be cut in April as the chancellor moves to reduce taxpayer exposure to the soaring cost of gas and...
A fall in wholesale energy costs means average annual bills could soon come in below the level of the government’s energy support programme, according to...
Rishi Sunak has pledged to boost the economy, cut hospital waiting lists and stop migrant crossings in the Channel in his first speech of the year. Speaking in...
Rishi Sunak has said he cannot raise public sector wages because doing so will fuel inflation. The government has warned of a “wage-price spiral”...
Mortgage approvals were at the lowest since the early months of the pandemic and credit card debt was up more than £1bn in November, according to data from the...
Food inflation hit a record annual rate in December as cash-strapped households prepared for Christmas, according to a retail sector report. The latest British...
Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to stealing billions of dollars of customer money in his first court appearance since he was...
Crisis-hit Cineworld has denied claims by the owner of rival Odeon that they have held talks over the sale of cinemas, saying it intends to sell the group as a...
UK airlines are more likely to have delays compared to their rivals in Europe and around the world, figures for the past year show. A British operator...
Tesla has continued to increase electric car production but supply chain problems have meant it is delivering fewer cars than it produces – while also...