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Bank governor defends inflation record as Truss review awaits

Andrew Bailey has defended the Bank of England’s record of managing inflation under his command amid growing pressure on...
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Business

Gas drive will not solve energy crisis, climate advisers tell Liz Truss

The government’s independent climate and infrastructure advisers have delivered an unprecedented rebuke to Liz Truss for focusing on attempts...
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Business

‘It will be cheaper to close’: businesses urge Liz Truss to act fast over soaring bills

Guy Adams, who has run the Isle of Barra Beach Hotel in the Hebrides for 16 years, may be...
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Business

Aston Martin’s shares slide as it discounts rights issue in debt battle

Aston Martin shares slumped by nearly 16% after the British sports carmaker revealed that it would give a deep...
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Business

UK economy on brink of recession as Truss takes over, figures show

Liz Truss will become the UK’s next prime minister with the economy on the brink of recession, according to...
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Business

Gas prices soar and pound and euro fall as Russia shuts Nord Stream pipeline

Gas prices surged on Monday and the pound and euro slumped after Russia shut down a big pipeline indefinitely....
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Science

Cannabis researchers say it’s high time to drop ‘lazy stoner’ stereotype

Cannabis users are often depicted as lazy “stoners” whose life ambitions span little further than lying on the sofa...
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Business

Selfridges wants half of transactions to be resale, repair, rental or refills by 2030

Selfridges is aiming for almost half its interactions with customers to be based on resale, repair, rental or refills...
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