UK may already be in recession – Bank of England
The warning comes as the Bank raises interest rates to 2.25% – the highest level for 14 years.
Fracking ban lifted, government announces
Scientific review into fracking concludes there is still a limited understanding of impacts.
Manchester United announce net loss of £115.5m for 2021-22
Manchester United announce a net loss of £115.5m for the 2021-22 season even though revenues rose by 18% to £583.2m.
Real Living Wage rises by record 10% to £10.90 an hour
A record increase in the voluntary pay scheme will benefit 400,000 workers.
Trump sued: Family inflated net worth by billions, says lawsuit
Along with three of his children, the ex-president is accused of lying to “unjustly enrich himself”.
Sri Lanka: Inflation rate jumps to 70.2% in August
The South Asian nation is facing its worst economic crisis since independence from the UK in 1948.
Pet perks tempt staff back into the office
Some businesses are giving staff incentives to get them back into the workplace.
BT Group: Hundreds of 999 call handlers to join strikes
Emergency call centre staff will join 40,000 BT workers walking out in October, their union says.
Fed rate hike: US interest rates hit 14-year high in inflation battle
The US unveils another sharp rate rise as it fights to bring soaring prices under control.
Tax cut ‘gamble’ will make debt unsustainable, says IFS
The Institute for Fiscal Studies says UK borrowing is on an “unsustainable” path.