Rolling coverage of the latest economic and financial newsIntroduction: Halfords says supply chain disruption hurting bike businessFactory constraints, transport disruption and staff shortages citedEuropean markets fall as amid slowdown worriesAmazon U…
Bank of England’s Saunders says interest rates may rise next year – business live
Rolling coverage of the latest economic and financial newsLatest: Cleaning company McBride hit by raw material cost surgeIntro: China’s exports beat forecasts in August, up 25.6%Trade accelerates despite virus and supply chain disruptionAnalyst: Christ…
Weakest UK August car sales since 2013 as supply shortages bite – business live
Rolling coverage of the latest economic and financial newsLatest: August car sales hit eight-year lowIntroduction: Car sales dropped last month, preliminary data showsGerman factory orders jump, thanks to shipbuilding demandUK labour crisis could last …
US job creation slows sharply in August as Delta variant hits economy – business live
Rolling coverage of the latest economic and financial newsEarlier:Latest: Wall Street drops as jobs growth stumblesUS jobs creation much weaker than forecast, just 235kAugust slowdown after over 1m new hires in JulyDelta variant hits leisure and hospit…
China ‘plans to ban’ overseas IPOs for data-heavy tech firms, and proposes algorithm controls – business live
Rolling coverage of the latest economic and financial newsLatest: 996 overtime policy illegalNew proposals for how algorithms usedAlgorithms must comply with law, social ethics and fairness…No disrupting public order, unfair pricing, or harming minorsE…
Lib Dems propose ban on new listings of fossil fuel companies on LSE
Exclusive: proposal part of party’s plan to give City of London a lead role in helping UK tackle climate crisisNew listings of fossil fuel companies would be immediately banned on the London Stock Exchange as part of a proposal by the Liberal Democrats…
UK labour shortage hits consumer firms, as car and engine production tumbles – business live
Rolling coverage of the latest economic and financial newsONS: 7% of firms couldn’t get materials and staff in last fortnightTransport and storage firms lagging in the recoveryRetail footfall dropped 2% last weekEarlier:UK labour shortage hits consumer…
Iceland boss: Christmas at risk from HGV driver shortages and supply chain crisis – business live
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…
Morrisons and Meggitt tipped for FTSE 100 return as shares surge
Takeover targets expected to briefly re-enter blue-chip index while ITV and Weir Group face demotionThe takeover targets Morrisons and Meggitt look set for a brief return to the FTSE 100 index of blue-chip UK companies, after their share prices were bo…
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…