Rolling coverage of the latest economic and financial newsBDO: Output growth across UK businesses lowest since lockdownPwC: Consumer confidence hit by inflation, energy crisis and HGV driver shortagesEnergy crisis: Treasury reprimands Kwarteng after he…
Evergrande faces fresh debt deadline as property market woes widen
Expectations are slim that the troubled Chinese developer will make $148m worth of payments due on Monday, as it wrestles with more than $300bn in liabilitiesFinancial markets were braced for more bad news about the shaky Chinese property market as str…
Will October again be memorable for wrong reasons as economic risks build? | Larry Elliott
Bad things happen in this month and, as IMF prepares for annual meeting, signs of a crisis loomBad things happen in October. It was in this month 13 years ago that the global banking system came close to imploding. There was a stock market bloodbath in…
US warns Russia over energy crisis, as UK consumer groups warn on fuel poverty – live
National Energy Action warns up to 1.5m more households could be plunged into fuel poverty next springAnalysts doubt Russia can pump more gas to EuropeOfgem CEO: price cap to rise sharply in April, promises reviewWholesale gas prices rise again but rem…
Grant Shapps wants to scrap costly PCR tests for travellers by half-term
Shift in policy in England would mean such Covid tests being replaced by cheaper lateral flow onesCoronavirus – latest updatesSee all our coronavirus coverageThe transport secretary, Grant Shapps, said he wanted to scrap costly PCR tests for internatio…
Russia pushes for Nord Stream 2 certification amid energy crisis; UK house prices soar – business live
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 …
THG investors start to question Matthew Moulding’s enthusiasm
Latest attempt to seize online opportunities falling flat as founder pursues corporate gymnasticsWhen your share price falls by a third in the three weeks after a big announcement that was supposed to reveal hidden value within your company, you’ve got…
Sainsbury’s shares rise as it is tipped as next takeover target
US company Fortress, which missed out on Morrisons, has said it is still eager to buy a UK firmSainsbury’s was the top riser on the FTSE 100 on Monday as investors bet that the supermarket chain could be the next target for a takeover after the US firm…
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…