Business and Economics
Business and Economics News
Who is Patrick Minford? The economist backing Truss’s tax reforms
Spoiler: It's the same man who said there would be an “eight per cent drop” in the cost of living on “day one of leaving the EU”.
Reaction as British Gas pledge to donate 10% of profits to hard-up customers
Let's nationalise British Gas and donate 100 per cent of its profits to struggling customers, campaign group Momentum suggested.
Watch: James O’Brien dealt with the fury about Argos using gender-neutral language
Argos has come under attack from social media warriors for changing 'two-man delivery' to 'two-person delivery'.
Watch: Would North sea gas and oil revenues have solved cost of living crisis?
Lord Heseltine said that Margaret Thatcher squandered billions from North Sea oil on a short-term consumer boom when she should have invested it.
CEO pay at FTSE 100 companies jumps 39%
The jump in executive pay means that the average UK CEO now collects 109 times that paid to the average British worker.
UK inflation predicted to hit 19% by January
Shifts in energy prices will lead to inflation "entering the stratosphere", Citi bank say.
Pound slumps as figures show Truss’s proposed plans blow a £170bn hole in the UK’s finances
She's not even prime minister yet and the economy is tanking.
Brexit was about slashing public services, Rees-Mogg admits
The minister also claimed his efficiency drive has saved the taxpayer £4 billion this year
Britain is suffering the worst inflation crisis in the G7
It comes well ahead of the next-highest inflation rates seen amongst the G7 countries