Finance
625
UK inflation rises to 2.2% in first increase since December
Annual rate in July climbs back above Bank of England target of 2%, ONS figures show
727
DWP data raises alarm over pensioners eligible for winter fuel payments but missing out
Charity Independent Age has warned a shake-up of winter fuel payments could be dangerous as new data suggests hundreds of thousands who are entitled to it could miss out
846
Brexit delays to seed imports could hit crop production
Tomato and pepper growers call for UK to strike deal with EU to avoid disruption and duplicate testing
712
Treasury pledges low-carbon investment relief to appease oil and gas industry concerns
Minister James Murray says decision aimed at protecting jobs and investment after concerns raised by industry
875
Majority in UK support new tax on producers of ultra-processed and junk food
Poll findings prompt calls for ministers to impose sugar tax-style levy on companies to combat obesity
950
New DWP state pension error could cost you £40,000 in retirement if not addressed now
Former pensions minister Sir Steve Webb has been contacted by four people who had not been awarded any inherited state pension when they retired when they should have been
868
UK state pension: ’Thousands more’ could have been underpaid
New category of widows and widowers on receiving end of DWP errors, says former minister
856
Repossession claims in England and Wales reach five-year high
Both bank and landlord cases rise but remain below pre-Covid levels, despite tough cycle of interest rate rises
772
Investors urge Glencore to abandon spin-off plans for coal division due to pollution concerns
More than 95% of investors urged commodities firm to keep highly profitable fossil fuel arm to help maximise shareholder cash
748
Pension savers given ’28-day’ warning amid expert concerns over ’disappointing’ delays
The new figures from My Pension Expert highlight how savers still face ’significant delays’ when trying to move their money, with an improvement of just one day compared to the previous year
679
Barclays’ coal credits reveal ’big hole’ in its climate policy
Barclays helped raise nearly $2bn for companies running highly polluting coal-fired power plants in the US, exposing an “enormous loophole” in its climate policy.
890
Fears of US recession send stock markets tumbling
Concerns have been raised after the world’s largest economy reported much lower-than-expected job creation in July.
902
Wood Group suitor pulls out of takeover, blaming market turmoil
Shares in FTSE 250 company slump 37% in early trading after Dubai-based Sidara cites geopolitical risk
713
UK carmakers warn they may miss government targets on EV sales
Industry downgrades forecast for sales of battery vehicles after 18.8% rise in July on a year earlier
869
Major mobile and broadband firm reveals exact amount your bills will increase next April
A major mobile and broadband network has revealed the exact amount your bills will rise by next April.
880
Full list of banks that have cut mortgages after Bank of England interest rates update
The Bank of England finally cut its base rate from 5.25% to 5% - the first time there has been a reduction since March 2020 and this is good news for those with a variable mortgage
876
Santander customer bemused as bank suggests using branch in another country
He would have to drive for almost two hours to get to the branch
791
Rolls-Royce to distribute £700 in shares to all staff as it makes a recovery
Aircraft engine maker’s share price hits record high as it restores dividend for first time in five years
900
’Grimy’ house listed for £1 sells for higher price after buyers see hidden potential
A rundown pair of flats which were listed at auction with a starting price of just £1 have sold for a mega six-figure fee after buyers spotted a hidden potential
759
Bank of England braced for knife-edge interest rate decision
Markets predict quarter-point cut to 5% when policymakers meet on Thursday
673
Two City firms collaborate to invest £20bn of pension funds in UK businesses
Phoenix Group and Schroders will target fast-growing green energy, windfarms, solar, property and small business
707
Now every customer in the UK can detect counterfeit stamps
New tool is inside firm’s app and comes after row over £5 fines being levied on mail with allegedly fake stamps
851
Europe’s €10 trillion gamble
From Athens to Berlin, governments are coalescing around an idea to turbocharge the economy. If successful, it could be transformative ― but it’s a big if.
712
Charity shop chain closes changing rooms to deter callous shoplifters
Guild Care, a charity based in Sussex, has closed all but two of its changing rooms due to the increase in shoplifting in the UK. Levels of the crime are at a new 20-year high
627
Germany is the only country in the Eurozone that struggles with recession
Germany’s economy is back on the brink of recession. However, the Eurozone economy grew more than expected in the second quarter.
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