May 9, 2022

Global flight from risk sees cryptocurrencies and US tech stocks hammered

Cryptocurrencies and US tech stocks were taking a hammering on Monday night amid a continuing flight from risk as a toxic cocktail of worries for the global economy grip investors.
May 9, 2022

P&O Ferries’ Pride of Kent cleared to sail again at fourth attempt

P&O Ferries has been told the Pride of Kent can resume sailings between Dover and Calais after passing a safety inspection at the fourth attempt.
May 9, 2022

Bank of England rate-setter sees inflation higher than forecast of 10.25% ahead

A member of the Bank of England's rate-setting committee has warned he sees inflation exceeding its latest forecasts without more aggressive action.
May 9, 2022

Boost to future of electric cars as UK’s first lithium plant secures new investment

The UK's first lithium factory, which aims to supply European electric car and battery makers, has secured new investment.
May 9, 2022

Beijing closes down businesses as millions told to work from home – but government says it is not a lockdown

Schools, gyms, hairdressers, parks, restaurants and bars are shut, millions have been told to work from home, but do not call it a lockdown.
May 9, 2022

All jobs saved as McColl’s rescued from administration by partner Morrisons

McColl's has been formally bought out of administration by its existing trading partner Morrisons in a deal that saves all its 16,000 jobs and stores.
May 9, 2022

Government urged to stop ‘dangerous’ universal credit rollout this week

Millions of people are set to be moved off legacy benefits and on to universal credit starting on Monday – a plan charities have deemed "too dangerous to continue".
May 9, 2022

Morrisons triumphs after weekend shootout for control of McColl’s

Morrisons has triumphed in the battle to gain control of McColl’s Retail Group, one of Britain’s biggest convenience store chains, after a last-gasp offer to buy out its syndicate of bank lenders.
May 9, 2022

Inflation in Turkey hits 70% in April

Inflation in Turkey has hit nearly 70% in April amid skyrocketing prices.
May 9, 2022

Energy bills expected to increase by another £900 this autumn, ScottishPower boss warns

The boss of a major Scottish energy company has called for "urgent action" to help the poorest households with energy bills, warning of another £900 increase this winter.
May 9, 2022

More than one in seven UK households ‘skipping meals’ due to cost of living rise

More than one in seven UK households have cut back on food or skipped meals in the past month, a survey has found.
May 9, 2022

‘It’s often overlooked’ Interior designer’s most ‘effective’ way to transform a room

MAKING changes to a space doesn't have to be expensive to be effective, as Redrow's interior design expert explains.