Rolling coverage of the latest economic and financial newsIntroduction: Russia says Nord Stream 2 clearance may cool gas prices in EuropePutin offered to stabilise energy crisis on WednesdayHalifax: House prices jumped 1.7% in SeptemberBiggest monthly …
Military arrives to ease fuel crisis, as shortages continue across London and south-east – business live
Rolling coverage of the latest economic and financial newsLatest: Military arrives at Buncefield oil depotPetrol retailers: South-east still seeing shortages, but rest of county improvingPRA: Could take 10 days to rebuild forecourt stocksEconomist: Pub…
UK business confidence ‘falls off a cliff’, as fuel crisis enters second week – business live
Rolling coverage of the latest economic and financial news, and the UK’s supply chain crisisUK business confidence collapses as fears of ‘stagflation’ growNearly half of UK’s independent petrol stations still lack fuelBritain facing mass cull of pigs d…
UK petrol stations show ‘very tentative signs of stabilisation’, says transport secretary – business live
Rolling coverage of the latest economic and financial news, as the UK’s supply chain crisis continuesLatest: Grant Shapps says ‘signs of stabilisations’ in petrol storageShapps: don’t fill up water bottles with fuelIntro: More queues and shortages at p…
Bank of England warns energy price surge will push inflation over 4%– business live
Inflation expected to rise ‘slightly over 4%’ in the final quarter of this year, as energy and goods prices surgeLatest: Bank predicts CPI inflation will rise over 4%MPC leaves rates on hold, but two policymakers want to end QE earlyBank says case for …
Markets rally as Evergrande fears ease; CO2 prices to rise sharply – business live
Rolling coverage of the latest economic and financial newsLatest: Supply chain problems to hit Germany’s recoveryCO2 prices to jump, government warnsFull story: Bailout of US CO2 supplier will cost UK taxpayers ‘millions’Evergrande strikes deal over on…
DraftKings makes $20bn offer for Ladbrokes and Coral owner Entain
Shares in FTSE 100 gambling company rise by almost a fifth after approach from US rivalEntain, the gambling company behind Ladbrokes and Coral, has received a $20bn takeover approach from DraftKings – the latest swoop by an American rival.Shares in Ent…
British retail sales fall unexpectedly in August – business live
Rolling coverage of the latest economic and financial newsRetail sales fell 0.9% in AugustSupply chain problems hit retailersFood store sales drop as more people dine outTravel shares jump on reports of restrictions easing 9.09am BST The slide in iron …
UK GDP: growth stalls as rising virus cases and shortages hit recovery – business live
Rolling coverage of the latest economic and financial newsBREAKING: UK GDP rose just 0.1% in JulyService sector and manufacturing stalledONS: staff shortages a factorConstruction output fell as firms struggle to source raw materialsIntroduction: UK’s J…
European Central Bank slows pandemic stimulus; US jobless claims at pandemic low – business live
Rolling coverage of the latest economic and financial newsLatest: ECB slows PEPP stimulus programmeLagarde: The lady isn’t taperingGrowth and inflation forecasts nudged upEarlier:More UK firms struggle to find workers, as costs riseLack of candidates a…