A leading ratings agency has warned that Russia is likely to default on its debt soon as it further downgraded the country’s bonds to “junk”...
Category - Business
MPs have called for a new probe into the interest rate rigging scandal that led to the jailing of two bankers who ratted on Barclays. It comes after the BBC...
Households are heading for an “almost inevitable” rise in energy bills in the autumn, the chief of energy regulator Ofgem has said. Spikes in...
The Uniqlo owner has defended his decision to keep his Russian stores open, saying clothing is a “necessity of life”. Uniqlo has 49 stores in...
Bakery chain Greggs has warned its prices could rise for a second time this year as it faces rising costs. Higher food, energy and labor prices, along with tax...
The World Bank has approved $723 million (£551 million) in loans and grants for Ukraine as the country battles a Russian invasion. The bank said it continues...
Russia has announced it will close its main gas pipeline to Germany if the West imposes a Russian oil embargo. Deputy Prime Minister Alexander Novak said a...
The head of the World Food Programme, David Beasley, has warned that the conflict in Ukraine could send global food prices skyrocketing, with disastrous...
Keeping Bulb Energy running will potentially cost taxpayers billions of pounds more than is currently being set aside, government officials have said. Bulb...
The war in Ukraine will push up energy prices and put even more pressure on British families, a think tank has warned. The Resolution Foundation predicts that...