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Sky News
Why the soaring cost of government borrowing matters for everyone
Except on rare occasions – last year’s post-Liz Truss mini-budget episode being one of them – the bond market rarely garners as much attention as other financial sectors.Yet these markets, where companies and governments come to borrow, are the foundations for the global economy. In particular, the value of government bonds – and hence their …
Business
Sky News
Oil, shoplifting and Vistry job cuts
Emma Crosby is joined by Olivia Gallarati, who’s an oil markets analyst at Energy Aspects.Chris Noice from the Association of Convenience Stores speaks to Emma about the rise in shoplifting.And Vistry announces job cuts after a slump in demand.:: Listen and subscribe to The Ian King Business Podcast here. Advertisement
Business
Euro News
Russia’s Gazprom to increase gas supplies to Hungary
Business
Sky News
Ban on no-fault evictions may face long delays amid fears of Tory rebellion
A government pledge to ban no-fault evictions could face long delays after Michael Gove told his backbenchers he would not enact the policy until courts have been reformed. A promise to outlaw Section 21 evictions was made by the Conservatives in its 2019 manifesto – although the plan was only confirmed in May this year …
Business
Evening Standard
British steel ‘the future, not the past’, Starmer vows during Port Talbot visit
Business
Business Live
Vistry plans to axe 200 jobs amid UK housing market slump
Housebuilder Vistry Group has detailed plans to shed around 200 jobs, as it joins rival firms in warning over weaker demand in the housing market. The London-listed company said the need for affordable homes is continuing to boost part of its business, and in a trading update said it was targeting adjusted profit before tax …
Business
Sky News
Least and most affordable places to rent revealed
Only one region in England, Wales and Northern Ireland had unaffordable rent, according to official figures. On average, Londoners paid 35% of their household income on rent in the year to March 2022, a percentage that the Office of National Statistics (ONS) classes as unaffordable. That percent of income was equivalent to £1,450.Two areas were …
Business
Sky News
Rail ticket office closures will go ‘too far, too fast’
Plans to close rail ticket offices will go “too far, too fast”, MPs have warned. The Rail Delivery Group announced over the summer that almost all of the 1,007 in-person facilities in England would be shut down in an effort to reduce costs after a post-COVID fall in passenger numbers. The industry body also said …
Business
Euro News
The future of reusable packaging in Europe hangs in the balance
Business
Sky News
Housebuilder to cut 200 jobs and take £40m hit to profits as demand slows
UK housebuilder Vistry is to cut 200 jobs and make £40m less profit than previously thought after a slump in demand.High interest rates and cost of living pressures resulted in a slowdown in property purchases, it said in a trading update. “We have not seen the seasonal increase in private sales since September that we …
Business
Sky News
Badenoch snubs invitation to address troubled CBI’s summit
Kemi Badenoch, the business secretary, has turned down an invitation to address the CBI’s annual conference, dealing a blow to the business lobbying group’s efforts to rebuild its reputation.Sky News understands that Ms Badenoch’s officials have informed the CBI that diary clashes in the run-up to next month’s autumn statement will prevent her from addressing …
Business
Euro News
Watch: Hurricane Norma makes landfall in Mexico as Category 1 storm

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