Rolling coverage of the latest economic and financial newsLatest: Iceland boss warns that supply chain crisis threaten ChristmasNeed to put HGV drivers on skilled workers list, he saysRichard Walker: Self-inflicted wound after BrexitEarlier:Supply chai…
UK property sales slide after stamp duty holiday scaled back – business live
Rolling coverage of the latest economic and financial newsLatest: UK house sales fell over 60% in July after busiest ever JuneHousebuyers rush to complete deals before stamp duty cut scaled backEarlier:Oil surged 5% on Monday on rising demand hopes and…
UK growth hits six-month low as staff and materials shortages bite – business live
Rolling coverage of the latest economic and financial newsLatest: UK private sector growth hit six-month low in AugustFirms report big problems with staff and material shortagesEarlier:Eurozone private sector growth near 15-year high, but supply chain …
Ian Botham appointed UK trade ambassador to Australia
Former England cricketer and crossbench peer will ‘bat for business down under’, says Liz TrussIan Botham, the former England cricketer and crossbench peer, has been appointed a UK trade ambassador to Australia, the government has announced.He is one o…
UK economy still faces major challenges despite return to ‘normality’ | Richard Partington
‘Freedom day’ was supposed to bring business as usual but Nando’s is out of chicken and carmakers are low on chipsFirst there were empty supermarket shelves and “pingdemic” staff shortages; now Nando’s is out of chicken and the car industry short of ch…
As the UK economy bounces back, do we sceptics need to say we got it wrong? | Willl Hutton
Many of us have been confounded by recent figures, but the British model remains flawedBritish capitalism seems to be on a roll. A million job vacancies were advertised in July, a new monthly record. Early signs are that unwinding the furlough scheme, …
Banking chiefs head for the hills in bid to leave cheap money behind
At the Jackson Hole bankers’ summit this week, the talk will be of ending quantitative easing – and this time it will be seriousIt is credited with preventing the worst global recession since at least the second world war from turning into something fa…
Retailers warn of more stock shortages after sales fall
Industry faces mounting problems as Covid and Brexit pressures continue, says retail expertCoronavirus – latest updatesSee all our coronavirus coverageRetailers are warning of further disruption on Britain’s high streets from shortages of stock caused …
The real challenges for Rishi Sunak lie ahead despite drop in public borrowing
Analysis: sense of foreboding will gnaw away at chancellor’s Treasury team as October spending review loomsCoronavirus – latest updatesSee all our coronavirus coverageThere is good news for Rishi Sunak in the latest public borrowing figures. But there …
Retail sales in surprise fall in Great Britain; European shares drift lower – business live
ONS says transportation delays resulted in shortages of electrical goodsAstraZeneca publishes positive results from Covid-19 antibody therapyApple delays office return to JanuaryM&S shares jump after rare profit upgradeIntroduction 1.05pm BST Here …