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Sky News
Bank of England warns of record slide in living standards as it hikes rates amid surging inflation
The Bank of England has raised interest rates, slashed its growth forecast and warned that families are about to suffer the biggest fall in living standards since comparable records began three decades ago.On a red letter day in Britain’s cost of living crisis, the Bank said that households will see their post-tax disposable income – …
Business
Evening Standard
BT strikes sports deal with Eurosport owner Discovery as it hails record fast internet roll out
Business
Evening Standard
Will the cost of living crisis hit BT subscriptions?
Business
Business Live
Octopus Energy, Roku and Maldron Hotel: The latest 11 North West commercial property deals you should not miss
Energy giants, global design companies and international streaming firms are among a whole host of businesses to announce high-profile commercial property deals across the North West in recent weeks. The likes of Netflix and Apple TV streaming rival Roku, Octopus Energy and IBI Group have all taken significant space in the region. READ MORE: Click …
Business
Business Live
Eighth dealership for Read Motor Group as new home completes for Suzuki and MG
Read Motor Group has opened an eighth dealership as turnover accelerates beyond the £100 million milestone. The arrival of MG into the business prompted a second complete new build for the Grimsby-headquartered company, with the brand brought alongside Suzuki off Altyre Way. And the 370 sq m 12-car showroom addition – delivered by Grimsby’s Topcon …
Business
Business Live
Urgent talks sought on future of stricken Midas’ £22m Plymouth housing scheme
A Plymouth city councillor has asked for an urgent meeting with council chiefs to review the £22m rebuild of the Barne Barton estate after shock news that construction giant Midas Group Plc is in financial trouble. St Budeaux councillor Sally Haydon (Labour) said residents are concerned about the future of the long-awaited housing scheme and …
Business
Evening Standard
Bank of England preview: MPC poised to put up borrowing costs
Business
Sky News
‘Awash with cash’: Fresh calls for windfall tax as oil and gas price surge boosts Shell profits
Annual profits at energy giant Shell have surged to $17bn as it was boosted by higher oil and gas prices.The current cost of supplies (CCS) earnings figure compared with a $19.9bn loss a year ago and Shell said it now plans to reward investors with an $8.5bn share buyback programme and 4% hike in dividends …
Business
Euro News
Royal Mail unveils new stamps with QR barcodes to allow people to watch videos and send messages
Business
Sky News
Carillion liquidator’s claim against KPMG to seek over £1bn in damages
KPMG is facing a potential damages bill of well over £1bn for its role as the auditor to Carillion, it will emerge on Thursday when the accountancy firm acknowledges receipt of a formal legal claim from the Official Receiver (OR).Sky News has learnt that the sum being sought by the construction giant’s liquidator is well …
Business
Sky News
What is the energy price cap and why will bills rise so sharply?
Energy bills are to go up for millions of people after the price cap was lifted by £693 a year.The cap, which will apply from 1 April to 31 September, is rising by 54% to £1,971 a year, a record increase largely driven by wholesale gas prices. With the cost of living rising on many …
Business
Sky News
What is the energy price cap and why are bills rising so sharply?
Energy bills continue to rise for millions of people across the country – with more pain set to come later this year.In April the energy price cap was lifted by 54% to £1,971 – and in October it is expected to rise by another £830 to £2,800. With the cost of living rising on many …

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