Business and Economics
Business and Economics News
Watch: Would North sea gas and oil revenues have solved cost of living crisis?
Lord Heseltine said that Margaret Thatcher squandered billions from North Sea oil on a short-term consumer boom when she should have invested it.
CEO pay at FTSE 100 companies jumps 39%
The jump in executive pay means that the average UK CEO now collects 109 times that paid to the average British worker.
UK inflation predicted to hit 19% by January
Shifts in energy prices will lead to inflation "entering the stratosphere", Citi bank say.
Pound slumps as figures show Truss’s proposed plans blow a £170bn hole in the UK’s finances
She's not even prime minister yet and the economy is tanking.
Brexit was about slashing public services, Rees-Mogg admits
The minister also claimed his efficiency drive has saved the taxpayer £4 billion this year
Britain is suffering the worst inflation crisis in the G7
It comes well ahead of the next-highest inflation rates seen amongst the G7 countries
Privatisation of England’s water was an ‘organised rip-off’
A Treasury official working on the water privatisation project said the scheme failed to secure value for both taxpayers and water consumers.
Inflation hits double figures and reaches new 40-year high
Meanwhile, Boris Johnson's spokesperson has said there will be no further government intervention before the Tory leadership race ends
Unite secure thousands of BA staff a pay rise of 13% on average
It comes as UK workers suffer a record-breaking pay slump