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Evening Standard
Truss and Kwarteng due to meet with OBR amid market turmoil and party concerns
The Prime Minister and the Chancellor will meet with the Office for Budget Responsibility (OBR) later amid market turmoil following last week’s mini-budget.Treasury and Downing Street sources hit back at suggestions it was an emergency meeting, while Treasury minister Andrew Griffith played down its significance, labelling it a “very good idea”.Nonetheless, the unusual meeting with …
Business
Sky News
Energy bills are going up tomorrow – here’s what you need to know
Gas and electricity bills are going up tomorrow as the new energy price cap takes effect.You may have read that from 1 October the price cap will mean average energy bills will increase by 27% from £1,971 a year to £2,500. But it isn’t as simple as that.House prices warning as growth slows to single …
Business
Sky News
Energy bills are going up from today – here’s what you need to know
Gas and electricity bills are going up as the new energy price cap takes effect.You may have read that from 1 October the price cap will mean average energy bills will increase by 27% from £1,971 a year to £2,500. But it isn’t as simple as that.House prices warning as growth slows to single digits …
Business
Sky News
Energy bills are going up – here’s what you need to know
Gas and electricity bills are going up as the new energy price cap takes effect.You may have read that from 1 October the price cap will mean average energy bills will increase by 27% from £1,971 a year to £2,500. But it isn’t as simple as that.House prices warning as growth slows to single digits …
Business
Evening Standard
Gareth Bale ales to hit supermarket aisles ahead of World Cup tournament
Welsh football hero Gareth Bale’s own-brand beers are to hit supermarket aisles ahead of the World Cup in Qatar.Bale Ale will be available in Tesco stores across Wales from October 3.Fans will be able to choose between raising a glass of Bale Ale or Bale Lager to the team as they make their first appearance …
Business
Sky News
UK economy grows after predicted decline
Britain’s economy grew by 0.2% in the three months to June, reversing the initial estimate of a 0.1% contraction, official figures show.The upward revision of the second quarter GDP by the Office for National Statistics implies the UK is not in recession, as predicted by the Bank of England earlier this month. Quarter of NHS …
Business
Sky News
Powerful group of cross-party MPs demands chancellor brings forward full economic forecast and budget
A powerful group of cross-party MPs has demanded the chancellor release a full economic forecast by the end of October – a month earlier than planned.The Treasury Select Committee, made up of MPs from all parties and chaired by a Conservative MP, has called on Kwasi Kwarteng to release a full economic forecast from the …
Business
Sky News
Bank of England chief economist rebukes government defence of market turmoil
The Bank of England’s chief economist has contradicted the government by saying there is an “undoubtedly a UK-specific component” to the market reaction of the past six days.Huw Pill has counteracted the government’s claim that the market turmoil which followed the mini-budget announcement is down to broader market factors experienced by other economies, such as …
Business
Sky News
Chancellor insists government ‘protecting people across UK’ as he defends mini-budget
Chancellor Kwasi Kwarteng has insisted the government is focusing on “delivering the growth plan” and “protecting people right across the country” despite a week of market turmoil.The chancellor, who announced his mini-budget last Friday, said without the government’s plans it could not generate the income and tax revenue needed to pay for the public services …
Business
Sky News
Barratt shares fall 12% as property stocks pay price of mortgage chaos
Shares in the housebuilder Barratt fell 12% yesterday, and other firms in the construction, property and building materials sector were also hit hard by mayhem in the mortgage market. More than four out of ten mortgages have been taken off the market since the chancellor’s mini-budget on Friday, and companies involved in property and construction …
Business
Evening Standard
Twitter loses ad clients over child pornography fears
Dyson, Forbes and Mazda are among a list of major advertisers who have suspended their advertising campaigns on Twitter over child pornography concerns in the latest blow for the social media giant as it wrestles with whistleblower safety allegations and a protracted legal battle with the world’s richest man, Elon Musk.A number of companies have …
Business
Business Live
Frasers Group set to create 7,500 jobs with new global HQ campus
Sketch of plans for a new global HQ for Frasers Group in Ansty near Coventry High street retail group Frasers has announced major investment plans into the West Midlands which could see up to 7,500 new jobs created. The company, which owns household names such as Sports Direct, House of Fraser, Game and Evans Cycles, …

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