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7m Police cleared over release of Nicola Bulley’s personal information
23m New strike announced on the Elizabeth Line
1h Teenager to be sentenced for murder of boy, 14, in landmark TV hearing
2h 100,000 homeowners facing mortgage blow in London
3h Putin addresses Victory Parade after Russia fires missiles at Kyiv
3h House prices fall in April as mini-Budget recovery hits speedbump
Business News
Energy bills are expected to fall from the start of July (Owen Humphreys/PA)
Business News
3m

Energy bills to drop from July, experts say

The average energy bill will fall by more than £400 when taking into account Government support, consultancy Cornwall Insight forecast.
Lidl has announced plans to build a warehouse in Leeds (Andrew Matthews/ PA)
Business News

Lidl to build new Leeds warehouse and create 400 jobs

The plans for a new northern base come as the retailer is building its largest global warehouse in Luton, which is set to create more than 1,500 jobs.
UK

Thames Water bosses give up their bonuses after sewage leaks storm

Thames Water’s chief executive says bonuses wouldn’t be right amid ‘unacceptable standards of service for our customers’

Business News

Purplebricks shares plunge to new record low on cash reserves warning

The online estate agent is still in talks over a sale, but said this would leave shareholders with little return.
Business Awards

House prices fall in April as mini-Budget recovery hits speedbump

The average house price in the UK was down 0.3% from March to £286,896

Business

PurpleBricks aims to speed up sale as payment provider withholds funds

Once valued at £1.35 billion, PurpleBricks’ market capitalisation is now £6.7 million

Business News

Sainsbury’s cuts cost of bread and butter to reflect falling commodity prices

The grocer said it was able to lower some prices due to commodity prices for wheat and butter beginning to fall.
Business News

Thousands of companies facing failure without new energy contracts, FSB warns

The Federation of Small Businesses said around 93,000 small companies now say they might be forced to close down, downsize or radically restructure.
UK

UK interest rates could rise to 4.5% in face of stubborn inflation

Economists think the Bank of England could raise interest rates by a further 0.25 percentage points on Thursday

Business News

Small business growth booms outside London as Calder Valley named UK hotspot

Local business owners said the recent cost-of-living crisis has driven support from residents for their small, independent businesses.
Business News

Asos expected to post loss as investors look for signs of growth

Investors will be keen to see if the fashion giant’s plans to return to profit have succeeded when it updates the market on Wednesday.
Business

IHG boss who slammed London’s listing appeal will quit to return to US

Last month, Barr described London as “not a very attractive place to list new companies”

Restaurants

The Vurger Co. narrowly avoids collapse, saved at ‘the eleventh hour’

The Vurger Co. has closed its Canary Wharf site as hospitality struggles amid the cost of living crisis

Business

British Airways owner eyes summer travel boom

IAG says it is “ready to deliver” for customers during the summer travel season

Business Awards

City firms see the first signs of a rebound in dealmaking

Numis and Peel Hunt both said they are beginning to see green shoots, a month after they both warned of a slowdown

Business News

UK housebuilding weakest since May 2020 but wider construction sector grows

The latest S&P; Global/CIPS construction purchasing managers’ index scored 51.1 last month, lifting slightly from 50.7 in March.
Business News

Bookings to Dublin and Rome soar as Britons head abroad for coronation weekend

Accommodation search website Trivago said it has seen bookings more than double to Rome as Briton make the most of the long weekend.
Business

International sales help Bentley profits approach record highs

Bentley made the state limousine that is likely to bring King Charles III around London over the Coronation weekend

Business News

Holiday Inn owner reports bump as China reopens

Revenue per room soared by 75% in Greater China, IHG said.
Business News

Construction begins on ‘carbon neutral’ Sutherland Spaceport

Sutherland Spaceport will be home to the rocket company Orbex.
Business News

London markets drop after rate hikes while pound strikes 11-month high

The FTSE 100 moved 1.1%, or 85.73 points, lower to finish at 7,702.64.
Business

British banks are boring — that’s how it should be

City comment: UK banking bosses are cautious sobersides compared with those who led the sector to the rocks in 2008

Business

Domino’s eyes collection to avoid the hit of delivery driver pay rises

The pizza giant said it could avoid rising labour costs by ‘outsourcing’ delivery work to customers

Business News

Calls for tax ‘loopholes’ to be closed as Shell makes £1.4bn more than expected

The business made 9.6 billion US dollars in earnings in the first three months of this year.
Business News

Virgin Money sees shrinking profits as debt provisions multiply

The lender has set aside £144 million to cover expected bad debts, up more than six-fold on the previous year.
Business

Shell’s £8 billion profit stokes calls for more taxes

Anglo-Dutch oil major to return £3.2 billion to investors

Business News

Virgin tycoon Branson ‘feared losing everything’ during Covid pandemic

The British entrepreneur defended his decision to ask the Government for a coronavirus loan to save his businesses.
Business News

Why are oil firms making record profits and how are my bills changing?

BP has reported bumper profits of £4bn for the first three months.

Business News

UK service sector growth jumps to year-high, but inflation passed to customers

The S&P; Global/CIPS UK services PMI survey showed a reading of 55.9 for April, up from 52.9 the previous month.
Business

Competition watchdog opens probe into how UK should regulate AI

The CMA has been asked by the Government to launch a “fact-finding” mission into the sector

Business News

Heathrow operating contingency plans amid security guards strike

Members of the Unite union walked out in the first of a series of stoppages after talks over a pay dispute broke down on Wednesday evening.
Business News

Next cautions over tougher summer trading after sales surprise

The retail giant reported a 0.7% fall in full-price sales for the 13 weeks to April 29, which it said was ahead of its guidance for a drop of 2%.
Business News

UK public wants oil giants to pay for climate damage, poll suggests

A survey from the charity Christian Aid has found widespread support for greater tax increases on record profits to pay for climate reparations.
Business

Scandal-hit WANdisco to cut 30% of jobs

WANdisco’s shares have been suspended since it uncovered $115 million worth of “potentiall fraudulent” sales in March

Business

Unilever shareholders revolt against CEO’s €5.1 million pay packet

Shareholders representing 58% of voting shares rejected the policy

Business

Government to probe $20bn Adobe deal to buy web design tool Figma

Figma’s web design tools compete with Adobe’s own product XD

Business News

Trivago boss cautions over strike hit to travel sector amid summer chaos fears

Trivago chief executive Axel Hefer said passengers ‘need predictability’.
Business

Addison Lee owner back in black as cab bookings surge

Addison Lee has recruited more than 1500 extra drivers since the start of 2022 and now has more than 5000 vehicles