New technologies could help to open up a “new frontier” for payments and the way in which money is used, a Bank of England boss has...
UK grocery inflation continued to climb during February to reach a new record high of 17.1%, according to closely-watched industry data. Kantar Worldpanel reported that the...
The government is set for a fiscal windfall of tens of billions of pounds thanks to stronger growth and lower energy prices, making the argument not...
Drivers leasing new electric cars are being overcharged by hundreds of pounds each month, it has been claaimed. Companies have been accused of failing to reflect...
The energy regulator has reduced the cap on the amount energy companies can charge customers but bills are still expected to increase. Ofgem has today announced...
Ofgem has lowered its cap on the amount energy companies can charge for gas and electricity but it’s not all good news. Even though wholesale energy...
Britain’s economy could fall behind that of Poland by the end of the decade, the Labour Party will say today. The party’s leader Sir Keir Starmer...
Ofgem is expected to announce that it will drop its cap on the amount energy suppliers can charge by around £1,000 – but bills could still...
The electric vehicles arm of Octopus Energy’s parent company is seeking a £100m funding boost to accelerate its growth amid soaring production of greener cars. Sky...
Citymapper, the urban transport app which ranks among Britain’s most prominent consumer technology companies, is in talks to be bought by a multibillion dollar New York-based...
In the aftermath of Russia’s invasion of Ukraine, Western leaders heralded a sanctions regime that would cripple the country’s war machine. Joe Biden claimed Russia’s economy...
The food system “remains resilient” the environment secretary has said, as she conceded fruit and vegetable shortages will likely continue for another two to four weeks....
A number of supermarket chains have indicated they have no plans to introduce restrictions on sales of many salad items as shortages hit shelves across the...
The government is preparing to replace a slate of Ofgem’s directors this year as the energy regulator faces intense criticism over its handling of the prepayment...
A British company that burns wood to create electricity is the latest power giant to post soaring annual profits amid the energy crisis of 2022. Gas...
BAE Systems, the UK’s biggest engineering company, has enjoyed a record year for new orders as western governments stepped up defence spending in response to Russia’s...
Rail minister Huw Merriman had his work laptop stolen from a central London pub after going for a drink the day after mass strikes. The computer...
The environment secretary has suggested people struggling to afford rising food bills should consider working longer hours. Asked how the government is ensuring food security after...
The UK’s biggest retailers will next week warn Rishi Sunak that the government’s waste strategy risks forcing prices up for consumers even as continued inflationary pressures...
Theft by employees has jumped by 19% amid warnings that the rising cost of living is triggering a wave of workplace crime, new data suggests. Almost...