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Bank of England warns energy price surge will push inflation over 4% – as it happened

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Inflation expected to rise ‘slightly over 4%’ in the final quarter of this year, as energy and goods prices surge

This energy price crisis could have been avoided

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Perhaps the simplest yet most effective measure that the government could take to minimise the impact of rising wholesale gas prices on the “fuel poor” would be to make illegal the inclusion of standing charges in dom...

The Guardian view on an energy price shock: a crisis in the making

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There is a level of government complacency about energy price shocks. Ministers think the best course of action is to just accept them. Wholesale gas prices are now more than five times their level two years ago, rais...

Government holds urgent talks with energy firms over gas price rises

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The government has said energy security is “an absolute priority” as the business secretary, Kwasi Kwarteng, prepared to hold talks with energy industry representatives over concerns about a rise in wholesale gas pric...

Average UK house price fell by £10,000 in July

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The average UK house price fell by £10,000 in July compared with a month earlier, official figures show, as the housing market appeared to cool after the phasing out of the stamp duty holiday. The average UK house pri...

UK supermarket shoppers hit by price rises amid supply crisis

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Supermarket prices have risen 1.3% this month, marking a significant increase in grocery price inflation as supply chain difficulties begin to affect shoppers. Price rises were most significant in savoury snacks, cat ...

Incoming boss of Sports Direct owner to get £100m payout if he doubles share price

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The incoming 31-year-old boss of Sports Direct owner Frasers Group could be handed shares worth more than £100m if he more than doubles its share price. L'azienda, which also owns the House of Fraser department stor...

UK energy suppliers announce maximum price rises

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Several UK energy suppliers have said they will raise the price of their standard gas and electricity tariffs to the maximum limit set by the energy regulator for the coming winter. Ofgem’s price cap will climb to its...

Landmark UK court ruling due in ‘bride price’ dispute

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A landmark judgment that could bring part of UK law into line with sharia law’s position on “bride price” payments is to be announced this week in the central London county court, in a case backed by a women’s charity...

Despite healthy orders, can Just Eat deliver on share price growth?

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Ordering a takeaway and sitting down with a box set was the height of entertainment for most people during successive coronavirus lockdowns – and this served up bumper sales and profits for a string of food delivery c...

OnePlus Nord 2 revisione: near top performance at a mid-range price

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The Nord 2 is the latest mid-range smartphone from OnePlus that offers near top-level performance but at half the price of its flagship devices. Priced from £399, it sits below the £629 OnePlus 9 and £829 9 Pro and fo...

Lauren Price strikes boxing gold to win Britain’s final medal of Tokyo Games

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Lauren Price’s Olympic journey started 11 long days ago in the quiet preliminary rounds of this gripping middleweight competition. Amid all of the inevitable pressure, nerves and excitement, she both navigated unanimo...

UK house price growth slows in ‘cooling market’ after pandemic boom – business live

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Copertura live continua dell'attività, economics and financial markets as Halifax says ‘steadier period’ may be ahead

Team GB’s Lauren Price turns semi around to reach Olympic middleweight final

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Lauren Price delivered a huge last round to win her middleweight boxing semi-final against Dutch rival Nouchka Fontijn and reach the Olympic final. Price, who controversially beat Fontijn in the 2019 world final afte...

Lauren Price joins Karriss Artingstall in securing Olympic boxing bronze

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Great Britain’s Lauren Price secured at least a bronze in the women’s middleweight boxing and Karriss Artingstall had to settle for a medal of the same colour after her defeat in the semi-finals of the featherweight c...

Pain aggravation: the human cost of medicine price hikes

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The UK’s competition watchdog has fined pharmaceutical company Advanz over £100m for inflating the price of its thyroid tablets by up to 6,000%. The exorbitant costs resulted in NHS clinical commissioning groups advis...

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