Business News

New growth figures suggest UK not in recession

The economy grew in the second quarter of this year, but it remains smaller than pre-Covid levels.

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Price cap to cushion blow of soaring energy costs

A two-year government-set cap means price rises taking effect on Saturday are lower than expected.

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Energy price cap: Three things to do before your bills rise

Millions are seeing their energy bills go up, but there are ways to help ease the mounting costs.

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King Charles: New coins featuring monarch's portrait unveiled

Centuries of tradition are followed as King Charles faces left - the opposite way to the Queen.

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Cost of living tips: How to cut energy and heating costs in your home

Consumer Affairs Correspondent Colletta Smith has picked out some of the best ways to cut costs in your home.

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Next warns weaker pound could prolong cost of living pressures

The retailer says many clothing and homeware factories price goods in dollars, so costs are likely to rise.

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Energy bills: Householders urged to read meters before October price rise

The average annual household energy bill in the UK will rise from £1,971 to £2,500.

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Cost of living: Milk and cake prices rise, but fruit gets cheaper

Food inflation soared to its highest rate on record in September, according to an index.

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Bank of England economist hints at 'significant' rate rise

The central bank's chief economist signalled in a speech it could not be 'indifferent' over the pound's slump.

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Energy firms must offer more help on bill payments, Ofgem warns

The energy watchdog says all bar one of the energy firms need to improve their support to customers.

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Workers rush to take second jobs: 'I felt I had no choice'

More and more people are being forced to turn to additional jobs, according to a report by Royal London.

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Falling pound: What does it mean for me and my finances?

The value of the pound touched a record low against the dollar on Monday after big tax cuts were announced.

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Pound hits record low after tax cut plans

Sterling sinks close to $1.03 as global markets react to the UK's biggest tax cuts in 50 years.

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Aldi boss: Shoppers are switching in their droves

The discounter gains 1.5 million new customers in 12 weeks, says UK chief executive Giles Hurley.

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Mini-budget: What it means for you and your finances

Chancellor Kwasi Kwarteng has delivered what the government calls a "fiscal event". Here is how it affects you.

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'We'll be lucky to keep our heads above water'

The BBC talked to households and businesses to get their reactions to the mini-budget.

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Income tax to be cut by 1p from April

The basic rate of income tax will fall by 1p from April with most people paying 19p instead of 20p for each pound.

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US points finger at Russia over gas pipeline sabotage

US Energy Secretary Jennifer Granholm tells the BBC its unlikely Nord Stream leaks are coincidence.

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Nike feels squeeze from strong dollar and discounts

The sportswear giant's shares fell by more than 9% in after-hours trading in New York.

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