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Inflation drives fastest fall in real pay on record

Wage growth is lagging behind soaring prices as households grapple with the rising living costs.

Ted Baker set for £211m takeover by Reebok's owner

The bid by Authentic Brands, which also owns Elvis Presley's image rights, ends months of speculation.

Blackmore Bond collapse: FCA failed to act before people lost life savings

BBC Panorama reveals evidence suggesting the FCA could have acted earlier before a fund collapsed.

Chinese internet giants hand algorithm data to government

Alibaba and Tiktok-owner ByteDance are among firms that have shared information with regulators.

UK to cut import taxes from some of world's poorest countries

Clothes, shoes and foods will benefit from lower or zero tariffs under the new scheme.

Heathrow Airport extends cap on passengers to end of October

It means a daily limit on departing passengers will now apply until after the October half-term holidays.

Not just hardest up that need bill help - Sir Keir Starmer

The Labour leader tells the BBC his proposal to freeze energy prices for all is a good use of public money.

Nursery closures: Parents left without childcare as providers shut

A campaign group says it has been "inundated" with messages about nurseries going out of business suddenly.

Government proposes more help for energy-intensive firms

Sectors like steel, paper and glass that use a lot of power could be set to receive more support.

Rail fares in England to rise below inflation rate, ministers say

The increase will also begin in March, rather than January, the government says.

People can't wait for energy help - Citizens Advice

The charity voices concerns of delaying support for households bracing themselves for energy bill hikes.

Energy bills could go up before October price cap rise

The energy regulator says it's "possible" customers' direct debit payments will rise before October.

Martin Lewis: Energy bill crisis is on scale of pandemic

Government support needs to double to make up for the huge expected rise in bills, the consumer expert says.

Supermarkets not passing on lower fuel price - RAC

The margin between the price of fuel at the pump and what retailers buy it for is at its widest since 2013.

'I'm borrowing £5,000 to pay my energy bills'

Many people are getting desperate as spiralling energy bills start to bite.

Ministers to meet energy giants over cost of living

Chancellor Nadhim Zahawi says he is also preparing options for the incoming prime minister.

Energy bills forecast to hit over £4,200 a year

The average household could pay £355 a month, up from £164 currently, consultancy Cornwall Insight warns.

John Lewis boss: Over-50s quitting the workforce fuels inflation

Boss Dame Sharon White says the government must think about how to get older people back into work.

Olive oil prices could rise 25% as heatwave hits production

Prices in supermarkets could increase by 20-25% later this year, one leading exporter tells the BBC.

Cost of living: The people using OnlyFans as a second job to help with bills

A campaign group says more young people are joining the site because of the rising cost of living.

Cost of living: People turning back to cash as prices rise

Post Offices handled a record £801m in personal cash withdrawals in July.

Energy bills: What do I do if I can't pay?

If you're struggling to afford your gas and electricity bills, you do have options.

Liz Truss not ruling out emergency payments, says Penny Mordaunt

Penny Mordaunt says Liz Truss's comments on how to help with the cost of living crisis had been overinterpreted.

Bank's recession warning matters to everyone

Times are already hard but the Bank of England says they'll get worse and stay that way until late 2023

Cost of living: Over a third cut back on essentials

More than a third of Britons are cutting back on food to cope with higher costs, a new report has shown.

How will a recession hit the UK housing market?

The UK economy is forecast to shrink this year but what will it mean for first-time home buyers?

Bank of England governor defends rate hike ahead of looming recession

Bank of England governor Andrew Bailey warns price rises would be long-term if Bank did not act.

Jaguar Land Rover owner Tata Motors to buy Ford car plant in India

The American motor industry giant announced last year that it would close its Indian car factories.

Bank of England warns the UK will fall into recession this year

The Bank of England raises rates as it warns inflation will rise over 13% and the UK faces a long recession.

German households face levy of hundreds of pounds on gas bills

The surcharge will help energy companies cover the cost of replacing Russian supplies.

PwC says graduates do not need a 2:1 degree to work at the firm

The accountancy giant is lowering its recruitment criteria which it claims will improve diversity.

Cost of living: Government to simplify broadband access

The government says new system will give those receiving benefits better access to cheaper broadband.

House prices drop for the first time this year, says Rightmove

The typical asking price in Britain is down 1.3%, Rightmove says, due to the summer holidays.

Russia reopens bond market to 'not hostile' investors

The Moscow Exchange sealed off its markets in February when the country invaded Ukraine.

Workers going into office 1.5 days a week, survey suggests

This compares to an average of 3.8 days a week pre-pandemic, research by a consultancy suggests

Saudi Aramco: Oil giant tops own record with $48.4bn quarterly profit

The staggering profit comes amid soaring oil prices in the aftermath of Russia's invasion of Ukraine.

Train strikes cause more disruption for passengers

Some rail operators are running no services as 6,500 train drivers walk out in pay dispute.

UK economy shrinks as outlook on recession darkens

The economy shrank by 0.1% leading some experts to warn a recession could start sooner than expected.

Bike seller Peloton and meditation app Calm cut jobs

After pandemic success, exercise product maker Peloton and meditation app Calm slash jobs.

Co-op joins rivals in dropping disposable barbecues

Sainsbury's, Morrisons and Tesco are among retailers who have also stopped sales due to the heatwave.

Johnson & Johnson to replace talc-based powder with cornstarch

By 2023 J&J will make all its baby powder using cornstarch following legal battles over talc's safety.

Liz Truss defends energy firms saying profit is not evil

The Tory leader hopeful says profit is not "dirty" and windfall taxes were about "bashing business".

Argentina rate hiked to 69.5% as inflation hits 20-year high

The move comes as figures showed inflation in South America's second largest economy hit a 20-year high.

Lee Jae-yong: Why South Korea just pardoned the Samsung 'prince'

Lee Jae-yong, who was convicted for bribery and embezzlement, has been granted a presidential pardon.

Superdry boss warns shoppers will choose Europe over Britain

Tax-free shopping is no longer available to international visitors to Britain.

McDonald's plans to reopen in Kyiv and western Ukraine

The burger chain says it hopes to support a "small but important sense of normalcy".

Ryanair boss O'Leary says the era of €10 flights is over

Flights will be more expensive because war in Ukraine has pushed up oil prices, Michael O'Leary tells the BBC.

The Russian billionaire daring to speak out about Putin

Boris Mints calls Putin's invasion of Ukraine "vile", adding the war is a result of his "madness".

Heatwave: When is it too hot to work?

With much of the UK enduring another period of hot weather, some workers will face very high temperatures.

Disney adds subscribers but warns over cricket loss

The media giant is gaining subscribers as it details plans to launch an ad-supported service in December.

Bogus companies scam: 'We never knew our home was on the list'

Thousands of UK home addresses have been used by crime gangs to register bogus firms, the BBC finds.

Meta's chatbot says the company 'exploits people'

The new prototype doesn't think much of the company's CEO, Mark Zuckerberg, either.

Domino's: fast food giant pulls out of Italy, the home of pizza

The fast food giant's pandemic-related exit from Italy was celebrated by some social media users.

US inflation eases in July as petrol prices drop

US consumer prices rose at annual rate of 8.5% in July, more slowly than June as petrol prices fell

Elon Musk sells $6.9bn of Tesla shares as Twitter lawsuit looms

The world's richest man says he needs the money in case he is forced to buy Twitter for $44bn.

Rail strikes: No train services on some lines on Saturday

Rail firms reveal reduced timetables as thousands of workers walk out on Saturday over pay.

US invests $280bn in high tech to compete with China

US President Joe Biden said the new funding for tech would keep the US competitive.

Felixstowe port workers to strike after talks fail

The UK's biggest container port faces an eight-day walkout after staff rejected a pay offer.

China property crisis: Why homeowners stopped paying their mortgages

The country's property sector is struggling with a cash crunch, forcing buyers to take extreme steps.

Royal Mail staff to stage four-day strike action

If 115,000 staff strike, it could be the biggest ever action by the Communication Workers Union.

Thames Water plans to introduce hosepipe ban 'in weeks'

The firm plans to bring in restrictions for 15 million customers "in the coming weeks".

Supermarket food could soon carry eco-labels, says study

Scientists hope that a scoring system will lead manufacturers to compete over sustainability.

Avanti West Coast suspends sales and cuts timetables

Avanti West Coast says its limited timetables will run until further notice due to staff shortages.

China housing crisis: The people living in unfinished apartments

As Chinese developers spiral into debt, people with nowhere else to live have moved into unfinished apartments.

Qantas asks executives to work as baggage handlers for three months

The airline's head of operations has asked for 100 volunteers to fill the roles for three months.

JetBlue airline boss over-hiring to beat staff exodus

Low-fare carrier JetBlue said it is a necessary policy when recruiting, as the industry re-starts.

Port Talbot: Tata Steel faces crunch-time, professor warns

There are fears the Port Talbot site may shut if a deal to help cut carbon emissions is not struck.

Felixstowe: Workers at key UK port to strike for eight days

Around 1,900 staff at Britain's largest container port will walk-out in a dispute over pay.

US jobs growth jumps in July despite slowdown fears

Firms added far more jobs than expected last month as interest rates rise to tackle inflation.

Evergrande gets $818m as football stadium land deal cancelled

The announcement comes as the heavily-indebted Chinese property firm tries to raise cash to repay debt.

Ukraine war: UN chief Guterres slams oil and gas firms' 'grotesque greed'

UN Secretary General Antonio Guterres says "grotesque greed is punishing the poorest".

AMTD Digital: How a small Hong Kong firm's shares soared

The meteoric rise of AMTD Digital's shares has been likened to the so-called "meme stock" phenomenon.

M&S stops selling disposable barbecues across UK

The supermarket says the move is to protect open spaces, after record temperatures sparked a spate of fires.

Dyson fined £1.2m after milling machine fell on worker

The company has been fined after a 1.5 tonne machine fell on a worker at its Wiltshire factory.

Booking.com scam: Tourists descend on north London private home

A woman says she feels vulnerable after dozens of tourists arrived at her private home throughout July.

Bain consultancy banned from government work over 'misconduct'

The management consultancy cannot work for the UK government for three years over 'misconduct' in South Africa.

Cost of living: Small garages want petrol prices cut at chains

Independent fuel sellers say supermarkets are not reflecting wholesale costs at the pump.

Oil output to see small hike to ease energy prices

Opec+ members will pump an extra 100,000 barrels a day in September, an amount some say is "meaningless".

Robinhood cuts nearly a quarter of staff as crypto dives

The trading platform, which is popular with amateur investors, reported a large drop in revenues.

Football fans warned to beware of fake ticket scams

The return of the Premier League could see fraudsters trick devoted fans out of hundreds of pounds.

Tinder: CEO Renate Nyborg to leave dating app after one year

Renate Nyborg's exit is part of a major shake-up of the dating app's management and strategy.

Thousands of small firms go bust owing millions in bounce back Covid loans

While most went broke for legitimate reasons, 260 directors have been disqualified for misuse of money.

BA extends sales ban on Heathrow short-haul tickets

The airline suspends sales for two weeks in response to the airport's cap on passenger numbers.

Airbnb bookings hit record high as travel recovers

Rising prices did not deter travellers, the lodging website said.

Uber attracts record number of drivers as cost of living bites

The ride-hailing app had been facing a driver shortage, leading to long waiting times for customers.

BP sees biggest profit in 14 years as energy bills soar

The firm's profits between April and June more than tripled as oil and gas prices jumped.

House prices climb 11% despite cost of living squeeze

But the Nationwide says there are signs of a slowdown and interest rate rises could cool the market.

Ambani and Adani: Asia's richest men battle to dominate 5G in India

Mukesh Ambani and Gautam Adani are set to compete in the world's second-largest internet market.

JD Sports loses millions in forced Footasylum sale

The sportswear chain has sold the retailer after just three years following competition concerns.

New property register aims to stop money laundering

The move is part of economic sanctions in response to the Russian invasion of Ukraine.

Waitrose to drop best before dates on fresh food

The chain becomes the latest retailer to take action to try to stop food being thrown away at home.

Cost of living: Are you missing out on unclaimed universal credit?

Benefits are a gateway to support but some estimates suggest £15bn still goes unclaimed each year.

Hinkley B: UK's most productive nuclear power plant closes

Hinkley Point B has shut down permanently, after 46 years generating electricity.

Fuel tax cut in UK among lowest in Europe, RAC says

The motoring group says the UK's fuel duty cut looks "paltry" compared to help given in other countries.

Ofcom urged to help end broadband loyalty penalty

Many long-standing customers pay more for broadband and mobile contracts than new customers do.

Octopus Energy asks government for £1bn to buy Bulb

The firm is seeking the funds, which will be paid back, to take over the collapsed firm.

Evergrande: Unit ordered to pay $1.1bn over unpaid debt

It came just two days after the crisis-hit firm outlined plans to restructure its overseas liabilities.

Starlink: Why is Elon Musk launching thousands of satellites?

The billionaire's SpaceX company hopes to provide an internet service from space.

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