Tighter regulation of the buy now, pay later credit industry is on the way, though the government has concluded there is “relatively limited evidence” of widespread consumer harm.
The chancellor has built up considerable fiscal headroom before the budget next week as government borrowing came in lower than forecast during the first half of the year.
Barclays has warned it may move to accelerate its transformation programme in the UK before the year’s end while reporting record group profits for the first nine months of 2021.
Five of the UK’s leading manufacturing industries have issued a plea for more government financial support to boost capital investment in research and development as well as new factories and equipment with lower carbon emissions.
Andy Street, the West Midlands mayor, is backing a plan to close Coventry airport and turn the site into one of the world’s largest “gigafactories” making electric car batteries.
Deliveroo enjoyed a 59% increase in orders in the UK and Ireland between July and September despite the return of dine-in restaurant eating
The rate of inflation crept down slightly to an annual rate of 3.1% in September, according to official figures which are tipped to surge ahead in the months ahead and force the Bank of England to intervene.
Facebook is believed to be preparing to change its corporate name as it battles accusations that its social media sites harm the mental health of younger users.
The prices of supermarkets’ own-branded bleaches and washing up liquids are set to rise after one of the country’s leading suppliers warned that it was being hit hard by rising costs.
Restaurants and hotels are wrestling with “terrifying” inflation running as high as 18%, bosses have warned, as supply chain disruption and labour shortages wreak havoc in the hospitality sector.