Business

Gas supply this winter is “not a cause for immediate concern”, the UK’s business secretary has reassured, following reports that a spike in prices could threaten food production and other industries. Kwasi Kwarteng posted a series of tweets after holding meetings with senior executives from the energy industry to discuss the impact of high global
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Travel companies have seen a sharp surge in bookings as the government announced the current traffic light system of red, amber and green countries will be scrapped for England from 4 October. Thomas Cook’s chief executive said customers are “already booking in their droves” following the latest travel changes, with the holiday company experiencing its
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Northern Ireland could see “instability, uncertainty and unpredictability” if there is an attempt to renegotiate the post-Brexit agreement, the European Commission’s vice president has warned. Maros Sefcovic said the Northern Ireland Protocol must be “properly implemented”, but admitted both sides would have to compromise. His warning came after DUP leader Sir Jeffrey Donaldson said his
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Tens of thousands of businesses across the UK have called on Parliament to tackle soaring card fees which amounted to £46 per household last year. The companies argue that British businesses and consumers should be protected from the mounting cost of anti-competitive practices in card payments, which are adding to the price of goods and
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Morrisons has warned it expects “industry-wide” price rises ahead and revealed some product shortages while reporting half-year results showing a 43% slump in profits. The UK’s fourth-largest supermarket chain by market share said the price hikes were to be “driven by sustained recent commodity price increases and freight inflation, and the current shortage of HGV
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