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Evening Standard
Some families could face higher bills this winter, Ofgem boss says
The boss of Ofgem has warned that bills could be higher for some households this winter despite a big drop in wholesale energy prices, as he vowed to fully focus on ensuring customers are protected this winter.Jonathan Brearley said that the lack of Government support this winter when compared to last, means that bills are …
Business
Euro News
UK economy slumps amid strikes and rain
Business
Euro News
BP boss quits over relationships with colleagues
Business
Sky News
Heatwaves and washouts mean the economic weather is fluctuating wildly too
Economic forecasting, like predicting the weather, is an inexact science. You take the best available data, compare it to historical and more recent trends, perhaps chew your pencil, then make your best informed prediction. In recent months however, charting the UK’s economic course has been as tricky as second-guessing the British summer.As heatwaves have been …
Business
Sky News
Economy contracts by worse than expected 0.5% in July, official figures show
The UK economy contracted by 0.5% in July – with early official figures suggesting that strikes and the summer washout had an impact.The Office for National Statistics (ONS) said the decline – which was worse than many economists had expected – followed an unrevised 0.5% increase in gross domestic product (GDP) over the previous month. …
Business
Euro News
Chipmaker Arm is launching the biggest IPO of the year – Apple and Samsung are among the buyers
Business
Sky News
Poundland to take over up to 71 Wilko stores
A deal has been struck for the owners of Poundland to take over the leases of up to 71 Wilko stores.The Pepco Group will rebrand the branches under the Poundland name, administrators PwC said. In a statement, Poundland said it would give priority to Wilko workers when hiring new staff for the shops.It comes after …
Business
Euro News
Swedish government to increase defence spending amid NATO bid
Business
Euro News
Apple set to launch new iPhones amidst sales slump
Business
Sky News
Wages, groceries and the future of The Telegraph
On today’s episode, Ian King speaks to the head of retail at Kantar about prices at the supermarkets. He also discusses how wages are outstripping inflation for the first time in two years. And Ian speaks to our City editor Mark Kleinman about the future of The Telegraph.:: Listen and subscribe to The Ian King …
Business
Evening Standard
Bank of England likely to raise interest rates again after fast wage growth, but it could be the last hike
The Bank of England looks set to raise interest rates again next week after wages in the UK continued to surge at a record rate, according to latest official data.Total pay including bonuses jumped 8.5% in the three months to July, although this was boosted by one-off lump sum payments of at least £1,655 to …
Business
Business Live
Welsh med tech firm posts big revenue rise following £33m fundraise
One of Wales’ leading medical device companies, Creo Medical, has reported a sharp rise in revenues for the first half of its financial year following strong trading and new tech launches. The Chepstow-based Alternative Investment Market-listed firm, which is focused on the emerging field of surgical endoscopy, posted revenues of £15.7m in its latest interim …

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