All news by author: Steve Charnock

Andrew Bailey indicated inflation will return to its recent pattern of slowdowns after the Office for National Statistics (ONS) recorded a surprise pause last month, leaving inflation at 6.7% in September

Holiday Inn owner InterContinental Hotels Group (IHG) said it expects to end 2023 with a "very strong" financial performance as it said travel demand has bounced back to pre-Covid levels

Tesla and SpaceX boss Elon Musk says the site will offer a "lower cost" version of X Premium, which will include all the features of the subscription but "no reduction in ads", alongside the more expensive ad-free version

Barclays, Lloyds Banking Group and NatWest Group are due to update shareholders on their third-quarter earnings and outlook for the year

British billionaire Jim Ratcliffe is trying to buy a 25% stake in Manchester United, and if he is given responsibility of running the sporting side of the business, it would give him a real opportunity to improve the team's performance on the field

American Airlines posted a disappointing loss for the third quarter of the year

The Office for National Statistics (ONS) said public sector net borrowing stood at £14.3 billion last month, £1.6 billion less than a year earlier

Researchers in the Sheffield Business School at Sheffield Hallam University used generative artificial intelligence (AI) program ChatGPT to analyse speeches made by Bank of England policymakers

The Office for National Statistics (ONS) said retail sales volumes fell by 0.9% in September against the previous month

The consumer group commissioned two surveys, one of more than 4,100 savers and another of more than 4,500 current account holders, to find out about their banking experiences

The UK's top index has tumbled further and London's FTSE 250 plunged to a one-year low amid weaker trading updates and amid ongoing concerns over the escalating conflict in the Middle East

The German owner Deutsche Bahn secured the sale, understood to be worth around 1.6 billion euros (£1.4 billion), after lengthy efforts to offload the firm to reduce its debt

Insurers' first priority when helping customers affected by Storm Babet will be to make sure they recover as quickly as possible, according to the Association of British Insurers

A bottle of single malt whisky from the Macallan distillery is set to go up for auction next month, with an estimated price of up to 1.2 million pounds ($1.4 million), the auction house Sotheby's said Thursday

Children's charities have urged the Government to raise benefits at least in line with the latest inflation figures to help families whose finances are being 'pushed to the brink'

The UK's blue chip index has dropped nearly 100 points with housebuilders among the stocks seeing the biggest losses

Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), said that Europe was the sector's number one trading partner 'by some considerable distance'

An assessment by think tank the New Economics Foundation, conducted following the announcement that inflation remained unchanged at 6.7% in September, shows many households are facing the prospect of further struggles

The Resolution Foundation has warned that the cost of servicing the UK's debt could soar to 5% of GDP if rates stay higher for longer and following current fiscal policy plans

Food delivery giant Deliveroo has reported a 5% constant currency rise in sales by gross transaction value (GTV) across the group in the third quarter, helping revenues rise 3% to £487 million

Online property portal OnTheMarket has agreed to a near-£100 million takeover by US property giant Co-star Group, which will pay 110p a share for the group

Food and drink giant Nestle has revealed another fall in sales volumes as shoppers were put off by higher prices amid food inflation

West of England Mayor Dan Norris has written to Defence Secretary Grant Shapps asking him to confirm the Government will see through the Tempest and Eurofighter Typhoon contracts

Starbucks and the SEIU union that is organizing its workers sued each other Wednesday in a standoff sparked by a pro-Palestinian social media post from a union account early in the Israel-Hamas war

Nokia has announced it plans to cut up to 14,000 jobs as it announces it will save up to 1.2 billion euros over the next three years