LATEST BUSINESS NEWS

Food security

Climate change leading to food price volatility, campaigners warn

A view of houses

Mortgage holders hoping for relief on their payments dealt a blow, say experts

Bank of England Governor Andrew Bailey

Interest rates held at 5.25% but Bank of England ‘optimistic’ about cuts

Secondhand clothes in a charity shop

Consumer spending on secondhand clothes and shoes hit £2.4bn in 2023 – study

Writers Guild of America Strikers at Paramount Studio, Hollywood, Los Angeles, California

ITV production arm takes hit from 2023 Hollywood strikes

Models of houses on coins

Home repossessions jump as households ‘remain under pressure’ from higher rates

Beyonce

Blackstone set for Hipgnosis victory after rival suitor refuses to increase bid

Roberto Coin branch display

Watches of Switzerland buys Roberto Coin jewellery brand for £104m

Interest rates

Too early for Bank to cut interest rates on Thursday, economists predict

Farnborough International Airshow

BAE Systems eyes ‘positive momentum’ from UK defence spending commitment

Estate agent’s boards

Home buyer inquiries flatlined in April amid affordability challenge – surveyors

Money stock

Next government ‘will need to raise taxes to maintain public services’

A woman using a laptop and holding a debit card

Third of buyers ‘experienced scam on second-hand marketplaces in last two years’

A house-shaped money box

19% annual jump in average home insurance premiums

A demonstrator waves an Aslef flag during a train strike

Fresh travel misery for rail passengers

Model car with coins

Strongest start to year for used car sales since 2019, says trade body

Financial Conduct Authority offices

FCA defends ‘name and shame’ proposals after backlash from City and Government

Energy bill next to gas hob

Energy bosses call for ‘progressive social tariff’ on bills amid price hikes