Energy bills fall as new price cap comes into force

A household in England, Wales and Scotland using a typical amount of energy will now pay £426 less a year.

Trainee pilots lose tens of thousands after flying schools collapse

Trainee pilots are urging the aviation watchdog to prevent others from losing money and qualifications.

Mortgage applications steady despite rate rises says Nationwide

Applications remain steady, but the lender says higher rates could cause "significant drag" on the market.

Centrica boss warns energy bills will stay high for foreseeable future

The boss of Centrica forecasts that household bills will remain high for the foreseeable future.

Migrant fruit-pickers are skilled workers says ex-minister George Eustice

The former environment secretary says the government is getting it wrong on immigration and skills.

Crisis-hit Pakistan strikes $3bn funding deal with IMF

The South Asian nation is facing its worst economic crisis since independence from Britain in 1947.

Pokemon Go maker Niantic cuts a quarter of its workforce

The US-based firm says it will also close its studio in Los Angeles and cancel two video game titles.

Can Canada make big tech pay for news?

The country is the latest front in a fight that analysts say has big stakes for news - and democracy.

Over-30s eye Australia gap year as age limit raised

Australia extends the age limit to 35 for Brits who want to live and work down under.

Customers withdraw record amount of savings in May

People withdraw £4.6bn from accounts in May - the highest on record, Bank of England data shows.

The women tackling the woeful diversity in plumbing

Despite a shortage of plumbers and heating system installers the industry is still dominated by men.

Sri Lanka: Five-day bank holiday for domestic debt restructuring

There are fears the government's plan could lead to volatility in financial markets.

Cut low-cost broadband VAT to help more online peers say

Some people struggle to get online, putting them at a disadvantage, a Lord's committee says.

Package holidays in Greece Spain and Turkey soar in price

All-inclusive deals for some parts of Spain and Greece are more than 20% more expensive this year.

ChatGPT owner OpenAI to open first foreign office in UK

The Microsoft-backed company says the London office will allow it to 'attract world-class talent'.

BT investigated over major 999 call disruption

Probe launched after emergency services across the UK reported 999 calls were failing to connect on Sunday.

Government 'prepared for range of scenarios' amid Thames Water fears

It comes amid reports the company could be temporarily renationalised as struggles with its debts.

The people making money from the pain of soaring prices

The BBC gains exclusive access to illegal moneylenders who are charging interest rates of up to 50%.

Universal credit: Parents can claim more of their childcare costs

Working families on universal credit can claim more of their childcare costs from Wednesday.

Drinks giant Diageo ends 'broken' Diddy partnership

The move comes after pop star Diddy accused the firm of neglecting his tequila brand because of his race.

UK to work more closely with EU on financial services

The UK and EU pact is being seen as a step towards better relations over financial services.

Meta: Facebook owner launches virtual reality subscription service

It is the latest attempt by the parent company of Facebook to make its VR business profitable.

St Mungo's: Staff at homeless charity being indefinite strike over pay

The charity has said that meeting workers' demands would leave it not "financially viable".

Cheers! Can AI help drinkers buy a better bottle of wine?

Wine recommendation apps are now using AI to help better match people with a bottle they will like.

Follow EU regulation to keep costs low says Ford boss

Britain's car industry should keep "regulatory alignment" with the EU to avoid extra costs, says Tim Slatter.

Banks being slow to pass on savings rates - Hunt

The chancellor says there is an "issue" with banks taking "too long" to pass on higher rates to savers.

HSBC to leave Canary Wharf tower for new world headquarters

The bank will move to a smaller London office to allow for more flexible working post-pandemic.

Cineworld screens stay open despite administration

The struggling cinema chain is undergoing a restructure as it tries to escape huge debts.

PwC Australia: Accounting giant splits business after tax leak scandal

The accounting giant will sell its Australian government consultancy business for a nominal A$1.

Students switch to AI to learn languages

Many people are using AI like ChatGPT to improve their language skills but learning that way has drawbacks.

Britishvolt owner's offices raided by Australian tax police

The buyer of the prospective battery plant in Northumberland has not yet paid for the site.

Rishi Sunak urges people to hold their nerve on interest rates

The Prime Minister continues to back the Bank of England as mortgage pressure rises for homeowners.

Can we stop being tricked into subscriptions?

The US and UK are trying to crack down on firms tricking customers into renewing their subscription.

Sunny weather boosts clothing sales in May

Retail sales rose 0.3% last month as shoppers bought summer clothes and goods, official figures show.

More than 20 councils replacing pay and display parking machines with apps

Councils say app payments save money but charities warn people without a smartphone could be excluded.

Furby: Toy giant Hasbro brings back iconic robotic creature

The announcement comes as the global toy industry faces a slowdown in demand.

Facebook and Instagram to restrict news access in Canada

It comes after parliament passed a bill requiring tech giants to compensate publishers for news.

Banks summoned on mortgages after interest rate shock

The big lenders, from NatWest to Nationwide, meet the chancellor over upheaval in the mortgage market.

Temu: Risk fast-fashion website uses forced labour

The claims arise from an investigation into a US law barring imports made with Uyghur labour.

Turkey's Erdogan set for economic U-turn and steep interest rate hike

Turkey is expected to reverse some of the unorthodox economic policies of President Erdogan.

Interest rates: How a rise affects you and your money

The Bank of England is expected to raise rates from a current level of 4.5% to control price rises.

Interest rates: Force banks to offer mortgage help says Labour

Shadow Chancellor Rachel Reeves sets out Labour's response to the crisis facing many mortgage payers.

Mortgages: Customers given 20 minutes to decide on renewal

Deals are changing so fast customers face making snap decisions or risk losing deals, a broker says.

Doune the Rabbit Hole music festival cancelled after union boycott

Organisers said they had been subjected to a "campaign of misinformation" by the Bectu union.

UK inflation shock: This is really grim

Investors are now questioning whether the Bank is in full command over soaring prices.

WH Smith M&S and Argos failed to pay minimum wage

More than 200 firms face penalties and must repay workers after breaches hit 63,000 people.

Ukraine war: Push to rebuild economy starts with UK's $3bn

The World Bank says many years of financial support are needed as London hosts a major conference.

Bernie Sanders announces Amazon safety investigation

The move raises pressure on the e-commerce giant over its treatment of workers.

Jeremy Hunt rules out government help on mortgages

The chancellor says help for mortgages would fuel further inflation but will meet lenders this week.

Is food inflation higher in Europe than in the UK?

Food prices are growing faster in the UK than in Germany, Portugal or Sweden.

Post Office bosses told to repay mistaken bonuses

The money was paid for completing an Inquiry which still hasn't finished

TerraUSD: South Korea 'cryptocrash king' Do Kwon jailed

The collapse of the terraUSD stablecoin and the associated Luna token rocked cryptocurrency markets.

Ministers to block plans to ban new coal mines

Measures to allow community projects to sell electricity directly to local homes are also set to be dropped.

Rent takes up biggest share of pay for 10 years

Tenants are spending 28% of their earnings on rent, the biggest proportion for a decade, new figures show.

Amazon Hilton and Pepsi to hire thousands of refugees in Europe

More than 40 big European firms pledge to hire and train 250,000 Ukrainian and other refugees.

Record aircraft purchase announced at Paris Airshow

The deal between Indian carrier IndiGo and Airbus is the largest single order by any commercial airline.

Morrisons and M&S follow rivals to cut food prices

Basic items are to be discounted as retailers face pressure to help ease the cost of living.

Reddit protesters bombard site with John Oliver pictures

Some of the biggest subreddits are now only allowing posts featuring the British comedian.

Mortgage deal: Average two-year fix now above 6%

It is the first time since December that the rate has been as high as 6%, driving up costs for homeowners.

Keir Starmer pledges to end North Sea exploration and let areas profit from clean power

Sir Keir Starmer will vow to cut bills and create jobs when he sets out his party's green energy plans.

Pirelli: Italy blocks Chinese control of tyre giant

It comes as tensions between Beijing and the West are in focus as the US secretary of state visits China.

Mortgage help 'under review' says Michael Gove

Michael Gove was asked about what whether any help would be given to those struggling with payments.

Mortgages to go up by 2900 a year for 800000 says Resolution Foundation

Rising rates means those looking to remortgage will pay £2,900 a year more in 2024, a think tank says.

Why Spotify's big bet on Meghan Markle fell flat

The end of the Duchess of Sussex's podcast on Spotify is a sign of wider change in the industry.

Binance exits Netherlands and faces France probe

The world's largest cryptocurrency exchange faces setbacks in Europe.

Bill Gates meets Xi Jinping as US-China tensions simmer

The Microsoft co-founder is the latest high-profile US business leader to visit China in recent months.

'Selling second-hand clothes online became my full-time job'

"Pre-loved" clothing is big business and it is not just about saving money and the planet.

Lincolnshire beans could provide British solution to imports

Scientists have developed a haricot seed they hope will thrive in the UK after a 12-year project.

Harry and Meghan: Spotify ends podcast deal with couple

The couple's company and the streaming firm say the Duchess's series Archetypes has been cancelled.

Maharashtra: The Indians taking on oil giants to stop $40bn refinery

Thousands of villagers are protesting plans for the world's largest refinery in Maharashtra.

iPhone maker Foxconn to switch to cars as US-China tensions soar

The firm, which makes over half of the world’s Apple products, seeks its next big growth driver.

We Soda scraps UK share listing in blow to London

The firm says "extreme investor caution" meant it could not achieve its valuation goal.

Elon Musk: Twitter sued by music publishers in copyright case

A group representing 17 publishers in the US is seeking more than $250m in damages.

Is the US trying to kill crypto?

The digital asset industry, already in turmoil, now faces a full-fledged battle with regulators.

Dylan Mulvaney: Bud Light loses top spot in US after boycott

Some drinkers boycotted the brand after the firm partnered with transgender influencer Dylan Mulvaney.

Amazon server outage makes some websites go dark

The outage is being resolved and affected web services for some fast food apps, airlines and others.

Pyrex and Instant Pot maker files for bankruptcy protection in US

Instant Brands blames falling consumer demand and rising interest rates for its financial problems.

Microsoft-Activision: $69bn deal temporarily blocked in US

The deal to buy the Call of Duty publisher would be the largest in the history of the video games industry.

'Taxpayers will be furious' as HMRC self-assessment tax helpline closes

HMRC has shut down its main self-assessment helpline over the summer, raising concerns.

Can Amsterdam make the circular economy work?

Amsterdam has ambitious plans to radically cut the amount of resources used by the city's economy.

Jack Dorsey: India threatened to shut Twitter and raid employees

Former Twitter CEO Jack Dorsey's allegations have been denied by the Indian government.

US moves to block Microsoft's Activision takeover

Regulators have asked a judge to block the proposed deal, arguing it could harm competition levels.

People not working due to sickness hits fresh record

Around 2.6 million people are not working due to long-term health problems, official figures show.

Twitter: Linda Yaccarino says it will be 'most accurate real-time information source'

Chief executive Linda Yaccarino says the company aims to "drive civilisation forward".

Amazon using AI to boost fight against fake reviews

The tech giant is developing new tools to help track down the brokers buying and selling reviews.

Tuffnells: Parcel firm goes bust with loss of more than 2,000 jobs

Administrators for Tuffnells say rising costs, the pandemic and competition have caused problems.

JP Morgan agrees to settle lawsuit brought by Jeffrey Epstein victim

The largest US bank says it regrets its relationship with "monstrous" sex-trafficker Jeffrey Epstein.

MOVEit hack: media watchdog Ofcom data downloaded in cyber attack

The regulator said information about firms and employees had been affected by a cyber-attack.

Reddit communities go dark in protest at changes

Thousands of subreddits are shut down for 48 hours following controversial charging plans.

George Soros hands reins of $25bn empire to son Alex

The American financier, targeted by right-wing conspiracists, is passing control of foundations to his son.

Why second-hand fashion is back in style

"Pre-loved" clothing is big business and it is not just about saving money and the planet.

Danone boss calls for higher taxes on unhealthy food

Danone's UK president wants the government to use tax incentives to promote healthier products.

Five reasons why mortgages are getting us down

Rising mortgage rates are causing a headache for homeowners and buyers, so what is behind the maelstrom?

Crispin Odey: City boss quits firm after sexual misconduct claims

Crispin Odey, a prominent hedge fund boss, strenuously denies the allegations.

Windfall tax to be suspended if energy prices drop

The tax was introduced last year to help fund the government's scheme to lower energy bills.

Zomato takes down controversial ad depicting Dalit character

Zomato takes down an advert that faced backlash for its depiction of a Dalit character.

Qantas: Australian airline relaxes gender-based uniform rules

Under the new policy, women workers will no longer have have to wear heels and makeup while at work.

The divisive debate over California's anti-caste bill

California will become the first US state to ban caste discrimination if the legislation is approved.

Bread to loo roll: How UK prices compare with five EU countries

UK shoppers are paying more for loo roll, butter and ketchup than some of our European neighbours, data suggests.

Why Singapore is the only place in the world selling lab-grown meat

US-based Eat Just says its product is ethical, clean and green but scientists say it may just be a novelty.

Eurozone in recession as rising prices hit spending

Revised data shows the eurozone's economy contracted at the end of last year and the start of 2023.

Rising rates to hit housing demand, builder says

Housebuilder Crest Nicholson warns of a further slowdown as it reports lower sales and profits.

Banks accused of 'measly' interest rates on savings

MPs criticise banks as instant access savings rates sit well below the Bank of England base rate.

Crypto: 24-hour cooling-off period included in ad overhaul

Crypto bosses could face up to two years' imprisonment if they fail to comply with the new rules.

Sir Ivan Menezes: Boss of Guinness maker Diageo dies at 63

India-born Sir Ivan Menezes was the chief executive of Diageo, the world's biggest spirits company.

More pain for renters as landlords look to sell up

Rising borrowing costs and plans for stricter rules are affecting the rental sector, surveyors say.

Rishi Sunak to raise trade issues in US talks with Joe Biden

The prime minister says "subsidy races" are not a solution to hitting climate goals, as he visits Washington.

House prices in first annual fall for 11 years, says the Halifax

The UK's biggest mortgage lender says rising borrowing costs are affecting confidence.

TikTok: ByteDance accused of helping China spy on Hong Kong activists

The Beijing-based firm has denied Chinese Communist Party members were allowed to access user data.

BBC, BA and Boots issued with ultimatum by cyber gang Clop

They say personal details of 100,000 staff at the BBC, British Airways and Boots will be published if employers do not get in touch.

Shell adverts banned over misleading clean energy claims

The Advertising Standards Authority ruled that the adverts failed to mention Shell's more polluting activities.

Telegraph owners say no risk to titles over loans

The Barclay family, which also owns the Spectator magazine and courier Yodel, owes debts to Lloyds Bank.

MoveIt hack: What action can data-breach victims take?

Experts give advice to the more than 100,000 warned their personal data is in the hands of cyber-criminals.

Energy giant SSE to pay £9.8m penalty for pricing breach

The Perth-based company is found to have overcharged the National Grid for lowering output.

Singapore to hold final horse race after more than 180 years

The Southeast Asian island nation's only race course will hold its final meeting next year.

Microsoft to pay $20m for child privacy violations

The tech giant used data collected from child Xbox users without telling parents, US regulators say.

Civil servants to strike despite new pay offer

The PCS union says members will walk out in Ireland and Wales this week and at the DVLA from 11 June.

Jason Derulo: My 'most unsexy' business investment in a car wash

The Savage Love singer says when wants to invest he looks for firms in sectors he understands.

Could ultra-processed foods be harmful for us?

Panorama investigates the links between UK's food safety advisors and the ultra-processed food industry.

Universal basic income: Plans drawn up for £1,600 a month trial in England

Thirty people would receive a monthly lump sum for two years, under a pilot in two areas of England.

Elon Musk: Twitter snaps up top NBCUniversal executive

It comes just weeks after NBCUniversal's head of advertising Linda Yaccarino was named as Twitter's CEO.

New business body launched as CBI faces crunch vote

The Business Council, set up by the Chambers of Commerce, has Heathrow, BP and Drax among its members.

Oil production to drop after Opec+ nations meet

The move by the oil-rich nations comes as prices fall amid accusations Opec has sided with Russia.

Money: £9bn in old UK banknotes and coins not cashed in

Paper £50 and £20 notes have been unusable since October, but can still be exchanged.

Vote on CBI's reforms nerve-wracking, says new boss

Rain Newton Smith says she believes the CBI should survive ahead of vote of confidence at the group.

'Mortgage costs right now are terrifying'

With rates rising and mortgages disappearing from the market, buyers reveal their struggles to get a deal.

Train strikes hit FA Cup final and Beyoncé concert

Drivers walk out over pay and conditions in the third rail strike this week.

Diesel falls 12p but should be lower, says RAC

The price of diesel fell to £1.47 in May but the RAC argues the price should be cut further.

Train strikes: When are they and why are they taking place?

Train drivers walk out on Saturday, after a week of stoppages by both Aslef and the RMT.

Elon Musk's Twitter loses second trust and safety chief

Ella Irwin is the second person to leave the role since Mr Musk bought Twitter in October 2022.

iPhone in India: Foxconn to manufacture smartphones in Karnataka by April 2024

Apple's decision to manufacture iPhones in India aims at diversifying away from China

British Airways fined $1.1m by US government

The US says the airline did not "provide timely refunds to passengers" during Covid.

Elon Musk: Twitter boss reclaims title of world's richest person

It comes after shares in his electric car company Tesla have almost doubled since the start of the year.

Scandal-hit CBI to cut jobs as it fights for survival

The business group, which employs about 337 people, says it needs to cut its wage bill by a third.

London still works for stock market listings, says We Soda boss

We Soda could be valued at £6bn when it floats in the UK, in a boost for the London stock market.

Housing market could be hit by higher interest rates, Nationwide warns

The building society said house prices fell by 3.4% and mortgage rates remain under pressure.