September 29, 2022

Post-lockdown boom in jobs market ‘is over’ as employers worry about energy costs and recession fears

The number of new jobs on offer has dropped by 8.3% since last month as employers feel the impact of rising costs and are concerned about the state of the economy, according to a new report.
September 29, 2022

De La Rue activist Crystal Amber seeks board seat at banknote printer

De La Rue, the London-listed banknote printer, is facing demands for a board seat from one of its biggest investors amid discontent at its poor performance.
September 29, 2022

Truss and Kwarteng to meet fiscal watchdog tomorrow after MPs demand full economic forecast

Liz Truss will meet the head of the UK's independent fiscal watchdog tomorrow after a powerful group of cross-party MPs demanded the chancellor release a full economic forecast by the end of October - a month earlier than planned.
September 29, 2022

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.
September 29, 2022

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.
September 29, 2022

Nurses leaving for better-paid jobs in shops because ‘they can’t afford to work for NHS’

NHS staff are leaving for better-paid jobs in shops and hospitality because of the cost-of-living crisis, a report has warned.
September 29, 2022

Chancellor insists government ‘protecting people across UK’ with mini-budget announcement

Chancellor Kwasi Kwarteng has insisted the government is focusing on "delivering the growth plan" and "protecting people right across the country".
September 29, 2022

Struggling retailer Joules explores CVA in bid to avert collapse

Joules, the crisis-hit fashion retailer, is considering turning to an insolvency procedure in a bid to slash its overheads and avert collapse.
September 29, 2022

UK energy firms reassess security of North Sea oil and gas infrastructure after Nord Stream leaks

North Sea energy firms and British authorities are reassessing the security of oil and gas rigs against interference after damaged Nord Stream pipelines began spewing gas into the sea
September 29, 2022

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.
September 29, 2022

‘People were facing fuel bills of £6k – we had to act’: Truss defends economic strategy

Liz Truss has insisted "decisive action" by the government over its economic policies will help the UK going forward.
September 29, 2022

City watchdog wants answers on savings rates as 70 banks investigated over customer treatment

The City regulator has revealed that it is seeking answers from banks about how they decide on savings rates amid complaints they are failing to reflect the surge in the Bank of England's base rate.