The owner of Primark and Twinings has reported a boost in sales, as it said inflation has become less volatile and consumer spending proved to be more resilient than it expected.
The mounting cost of the Government’s energy support schemes and soaring debt interest pushed state borrowing to another record last month as sky-high inflation and power bills took their toll.
Nadhim Zahawi is set to face an ethics inquiry into his tax affairs – as allegations against the Conservative Party chairman piled pressure on Rishi Sunak.
Scams where victims are asked to pay fees upfront for goods or services such as loans that never materialise have surged, figures from Lloyds Bank indicate.
People booking holidays are being warned to watch out for scammers, amid concerns that cost-of-living pressures may push them towards taking more risks with their cash.
Strong ethical values must be “woven into every aspect” of the way government bodies and other public organisations operate, the Whitehall standards watchdog has warned.
Elon Musk has returned to federal court in San Francisco to give evidence in a class action lawsuit filed by Tesla investors alleging he misled them with a tweet.
The public appointments watchdog is to investigate the selection of BBC chairman Richard Sharp amid concerns over his role in helping Boris Johnson secure a loan.
Microsoft has said it is making a “multi-year, multibillion-dollar investment” in the artificial intelligence (AI) start-up OpenAI – the maker of ChatGPT and other tools that can write readable text and generate new images.
Music streaming service Spotify has said it is cutting 6% of its global workforce, becoming the latest tech company to resort to lay-offs as the post-pandemic economic outlook weakens.
The Government has called on Good Energy, Utilita and Scottish Power to help their prepayment customers claim £400 in support vouchers after naming them as falling short on sending the help out.
The energy price cap might drop below the £3,000 mark as early as April, the boss of Ofgem has said in a prediction that could save the Government billions of pounds.
Households will be in the running for a bigger-than-normal payout on Monday night as the grid tries to encourage people to use less electricity to help manage demand.
Train reliability across Britain reached the worst level on record in recent weeks, with Avanti West Coast cancelling the equivalent of about one in five services.
BBC chairman Richard Sharp has asked for a scrutiny panel to examine potential conflicts of interest over his role in helping Boris Johnson secure a loan.
Food and farming chiefs have said they are “baffled” by suggestions from a boss of Tesco that some food firms may be using inflation as an excuse to increase prices further than necessary.
Ofcom has opened an investigation into BT’s compliance with its obligation to provide customers with clear and simple contract information before they sign up to a new deal, the regulator has announced.
Ofgem is to review the checks and balances energy firms have around placing customers on pre-payment meters, warning it will take further legal action if it finds they are not taking due care.
Funeral firm Dignity has been swept up by a group of investors linked to its former chief executive in a takeover move worth around £281 million, as it cautioned investors over tumbling profits.