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5m Police close roads after ‘major incident’ in Nottingham
1h Families hope for answers as Covid inquiry begins
11h High air pollution alert issued for the capital
1h Demands for abortion law reform after mother jailed in England
1h Jobs market shows no sign of slowing as wages surge by 7.2%
16h Heathrow workers call off first summer strikes
Business
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A group litigation is being organised against British Gas and other energy suppliers (Alamy/PA)
Business News

British Gas owner to post ‘significantly higher’ profits in household energy arm

The energy giant has been boosted by regulatory changes which allowed it to reclaim some losses from selling at capped prices.
Business

Jobs market shows no sign of slowing as wages surge by 7.2%

Pay rose faster than expected, though was still not keeping pace with inflation

Business

Doing a number on the modern business of work on your phone

YourBusinessNumber already works worldwide, with the US its second-biggest market; the founders are now plotting local pushes into Germany, Brazil and India

Business News

Inside the (very) secret world of the Barclays and their tangled web

With their showpiece Telegraph up for sale amid a banking feud, Chris Blackhurst on the family in the eye of a business storm

Business

The first step to proper AI rules? Make companies disclose the risks

City voices: You can’t regulate what you don’t understand, Tim O’Reilly writes

Business News

More than 2,000 staff redundant as delivery firm Tuffnells collapses

The firm has appointed joint administrators at Interpath Advisory after failing to secure funding in recent weeks.
Business

Santander to withdraw its mortgage deals this evening

A new range of products will be launched on Wednesday says the Spanish owned bank

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Business News

Sunak steps up call for UK to lead on AI regulation

Rishi Sunak said artificial intelligence could transform work and public services but was open to misuses by ‘bad actors’.
Business News

Heathrow bosses ‘do not anticipate cancellations’ due to summer strikes

More than 2,000 members of the Unite union will walk out for 31 days from June 24 in a dispute over pay.
Business News

Odey Asset Management not ‘gating’ funds in wake of allegations against founder

The asset manager said all its funds are open ‘as per usual business’.
Business News

Government price tag for making tax digital has ballooned, report warns

The official auditors said that the final bill is currently expected to be £1.3 billion.
Business News

May weakest month of 2023 for private sector growth in Scotland

According to figures from the Royal Bank of Scotland, May saw lower growth in Scotland on average than the first four months of 2023.
Money

Waitrose cuts price of 200 products

Everyday items such as bread and mince have seen some of the biggest reductions.
Money

Post Office cash transactions reached eight-month high in May

The Post Office said the figures underline the important role of its branches as the leisure and hospitality sectors enter their busiest time of year.
Money

One in 100 current account applications is fraudulent, says Experian

Money mules, who allow their bank accounts to be used by criminals to move cash around, are often behind bogus applications.
Money

First-time renters accounting for just 4.6% of new tenancies – index

The average rent paid on a newly let property is £106-per-month higher than a year ago, according to Hamptons.
Business News

UK services sector upbeat while manufacturers grapple with supply pressures

Accountancy firm BDO’s report flagged a growing chasm between confidence and output levels in the services and manufacturing sectors.
Business

Issa brothers’ EG Group launches $6.1 billion debt refinancing deal

The firm said it expected to reduce total net debt down from $9.8 billion in March

Money

Seven in 10 holidaymakers ‘bust their budget on most recent trip abroad’

Some people said they had felt ‘ripped off’ by prices for excursions, attractions and meals and drink, according to Post Office Travel Money.
Business News

Greggs ‘on track’ with plan to open 150 new shops

The sausage roll seller said it will open new stores in Cornwall and other areas where it currently has fewer sites as part of its growth strategy.
Business News

UK tax system is ‘very progressive’, says Sunak

Rishi Sunak’s income from dividends was £172,415, and from capital gains was £1.6 million, in 2021/22.
Business News

Odey hedge fund in talks with brokers amid misconduct allegations

Odey Asset Management said it does not ‘recognise the picture of the firm that has been painted by the Financial Times’.
Business News

London stocks slip during cautious trading session as Croda weighs on FTSE

The FTSE 100 moved 0.49%, or 37.38 points, lower to finish at 7,562.36.
Money

HSBC UK reopens broker channel for mortgages

Increased lender rates across the market resulted in significant demand for the bank’s products.
Business

Workers will return to offices if commute is made a bit less miserable

City Comment: It is now up to the train companies to raise their game

Business News

Labour backtracks on £28bn green prosperity plan

Shadow chancellor Rachel Reeves said the Opposition would not give a ‘final set of numbers’ until a further fiscal statement from the Government.
Business

City office space fell by 166,000 square metres in past year

Of the five districts losing the most office space, four were in London

Business News

Halfords profits set to decline as sales stunted by shortage of mechanics

The bike and car parts seller warned over its profits earlier in the year amid a shortage of skilled workers.
Business News

Amigo handed small lifeline but continues with liquidation

The lender has signed a new ‘exclusivity agreement’ with shareholder Michael Flemming.
Business News

Co-op reveals deal with RSPB to restore and manage peatland

An estimated 3.2 billion tonnes of carbon are stored in peatlands.
Money

New guide aims to help families access savings of disabled young people

It raises awareness of the Mental Capacity Act, which applies to people in England and Wales who lack capacity to make decisions.