Business and Economics

“Costs, especially in respect of labour, food and repairs" are "substantially higher", the group said. Wonder why?

With prices going up at a rate of knots, we tackle the big questions on what causes inflation to shoot up and how governments can work to bring it down.

The recession could last throughout 2023 and well into 2024.

Promises of a special trading relationship with America have also yet to materialise, the ONS figures show.

The discount retailer, which employs over 40,000 UK staff, said that all store assistants will receive the new rate from January 1.

The world's richest man, Elon Musk, has completed his $44bn (£38.1bn) takeover of Twitter, according to US media and an investor in the firm.

Shell also announced that it would return a further £3.4 billion to shareholders in what has come as a shock to those struggling with bills.

Moody’s said the change in outlook was driven by ‘heightened unpredictability in policymaking’.

It is “time for change”