Business

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Fed chair warns US inflation battle not over and hints at further rate rises
Jay Powell tells symposium in Wyoming that inflation is still too high but that US central bank will ‘keep at it until the job is done’

Dominic Rushe in New York

25, Aug, 2023 @2:56 PM

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Pressure for social tariff with British energy bills to rise for many despite price cap cut – as it happened
Live, rolling coverage of business, economics and financial markets as regulator cuts average annual ebergy bill to £1,923

Jasper Jolly

25, Aug, 2023 @1:56 PM

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Account owned by serial killer Rose West kept open by Co-op Bank
It is understood the bank thought closing the account would cause problems for West’s daughter

Kalyeena Makortoff Banking correspondent

25, Aug, 2023 @1:53 PM

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How the EU Digital Services Act affects Facebook, Google and others
Threat of big fines and EU-wide ban hoped to curb manipulative practices and harmful content

Lisa O'Carroll in Brussels

25, Aug, 2023 @1:05 PM

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‘Usually it’s packed in August’: UK seaside towns suffer in cost of living crisis
Torquay business owners tell of struggling to pay bills as footfall drops and people cut costs

Joe Middleton

25, Aug, 2023 @12:44 PM

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UK competition watchdog raises concerns over housing market
Some landlords could be breaching consumer protection rules, while CMA is also investigating land held by largest housebuilders

Joanna Partridge

25, Aug, 2023 @12:27 PM

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Serious Fraud Office drops 10-year corruption inquiry into Kazakh miner ENRC
UK agency also shuts other high-profile cases including Rio Tinto investigation

Harry Davies and David Pegg

24, Aug, 2023 @6:19 PM

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OnlyFans owner pays himself $1.3m a day from UK-based adult content site
Company’s 2022 accounts show pre-tax profits up by 22% to $525m, while Leonid Radvinsky took $338m in dividends

Rupert Neate Wealth correspondent

24, Aug, 2023 @5:36 PM

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The cure for sick Britain? Restore public spending | Letters
Letters: We need a redesign of taxation to reverse the gross inequality that causes poor health, writes Rob Perrin. Plus letters from Ewan Hamnett, Angela Vnoucek and Dr James Andrade

24, Aug, 2023 @5:31 PM

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Elliott Management paid UK staff average of £1.3m each in 2022
Figure is similar to 2021 after profits, pay pot and headcount increase at world’s largest activist hedge fund

Kalyeena Makortoff Banking correspondent

24, Aug, 2023 @4:39 PM

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Travelodge hotels sold out for Taylor Swift’s 2024 UK Eras tour
Hotel chain says rooms in Edinburgh, Liverpool and Cardiff already fully booked ahead of pop star’s summer performances

Rupert Neate

24, Aug, 2023 @4:23 PM

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UK retailers plan to cut jobs as spending slump deepens, says CBI
Barometer of retail activity falls for fourth consecutive month to lowest level since March 2021

Larry Elliott Economics editor

24, Aug, 2023 @2:11 PM

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