Business

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EU emergency gas plan takes effect; UK retail sales grow in ‘lull before storm’ – business live
German network chief says EU plan can stabilise or even lower prices

Julia Kollewe

09, Aug, 2022 @7:06 AM

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July could be ‘lull before the storm’ for retailers and consumers
Cost of living crisis and rising inflation predicted to hit consumer confidence and spending

Sarah Butler

08, Aug, 2022 @11:01 PM

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Truss and Sunak still haven’t grasped the magnitude of Britain’s cost of living crisis
Neither has an adequate plan – but a joint announcement of a generous package of help would boost confidence

Larry Elliott

08, Aug, 2022 @5:44 PM

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Aslef says Avanti West Coast is ‘lying’ after firm blames service cuts on strikes
Train drivers’ union speaks out as London to Manchester service scaled back to one an hour

Gwyn Topham Transport correspondent

08, Aug, 2022 @4:16 PM

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SoftBank CEO ‘ashamed’ of pride in past profits as record losses prompt cost cuts
Japanese technology and investment group is seeking to float UK-based chip maker Arm

Mark Sweney and agency

08, Aug, 2022 @3:49 PM

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The Works sounds early warning over Christmas trading
Crafts and toys retailer also trims full-year outlook after online sales fall as shoppers return to stores

Sarah Butler

08, Aug, 2022 @3:45 PM

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UK economy shrank in second quarter according to poll of economists – as it happened
Rolling live coverage of business, economics and financial markets as analysts weigh risk of recessions across the world

Jasper Jolly

08, Aug, 2022 @2:16 PM

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Rent for prime London properties up 13.5% in a year as super-rich return
Estate agent Savills says increase of luxury rents in centre of capital show it is ‘bouncing back’ after pandemic

Rupert Neate Wealth correspondent

08, Aug, 2022 @1:35 PM

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PwC fined nearly £1.8m over BT fraud audit failures
Accounting firm failed to act with ‘requisite professional scepticism’, says FRC

Mark Sweney

08, Aug, 2022 @11:56 AM

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Cash makes comeback as cost of living crisis bites, says Post Office
Branches handled record £801m in personal cash withdrawals in July as people struggle to manage spending

Rupert Jones

08, Aug, 2022 @11:55 AM

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Veolia to sell Suez UK waste business to Macquarie for €2.4bn
French utility group agrees sale to Australian private equity group to resolve CMA’s competition concerns

Mark Sweney

08, Aug, 2022 @9:11 AM

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Next in talks to take £15m stake in struggling chain Joules
Smaller retailer also in negotiations for deal to use its larger rival’s online platform to run digital operations

Mark Sweney

08, Aug, 2022 @7:29 AM

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