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Consumer price index this morning will be key factor in RBA decision next week; ‘Swifties’ will scramble for latest tranche of tickets amid warningsGet our morning and afternoon news emails, free app or daily news podcastMorning and welcome to our live…
This blog is now closed.Lobbying firm proposed structure to allow Stuart Robert to profit from winning government contracts, parliamentary committee toldGet our morning and afternoon news emails, free app or daily news podcastHistorical societies say b…
After asking borrowers to hold their nerve, the prime minister now seems to be preparing to further squeeze public sector workersFresh from urging mortgage borrowers to “hold their nerve” in the face of dramatic increases in repayments, Rishi Sunak now…
Christine Lagarde says without a shift in corporate behaviour, interest rates will need to stay higher for longerCorporate profits were the biggest factor driving up prices last year and will be again in 2023 unless businesses are forced to absorb risi…
British Retail Consortium says figure eased to 8.4% in June from 9% in May Britain’s biggest retailers have said shop price inflation is easing ahead of a crunch meeting with MPs on Tuesday over the soaring cost of groceries, but warned food prices wer…
Traders will not be able to absorb estimated £10m extra cost on goods entering from EU, warns Fresh Produce Consortium The UK’s post-Brexit border strategy risks further pushing up food prices, according representatives of Britain’s fresh produce indus…
Associated British Foods says group sales rose by 16% with Primark saying rises supported by steeper pricesABF lifts profit forecast after price rises – business liveHunt to ask UK regulators to look at firms exploiting price risesThe owner of Primark…
Chancellor to meet watchdogs to discuss claims that company profiteering is stoking inflationBusiness live: Primark-owner lifts profit forecast after price risesJeremy Hunt will ask industry regulators what they are doing about any companies exploiting…
Recommendations from independent pay review bodies could be rejected by PM if he deems them unaffordableUnions have expressed outrage over reports the prime minister plans to block public sector wage increases owing to fears about pushing up UK inflati…
Chancellor agrees ‘mortgage charter’ to help borrowers but Labour says intervention is ‘weak’Business live – latest updatesUK politics live – latest updatesIf the bosses of some of Britain’s biggest banks were nervous as they entered Downing Street for…