Business

Industry leaders worst hit by the soaring gas prices have been pleading for extra support from the government, but that’s looking increasingly unlikely after the Treasury flatly denied the idea.

Conservative MPs have joined calls for more support for the industries worst hit by soaring energy costs, amid warnings that there could be even more disruption to supply chains into the winter as businesses struggle to cope with unprecedented challenges.

NatWest has admitted three counts of failing to properly monitor suspect activity by a customer who deposited hundreds of millions of pounds in its account, much of it in cash. It’s the first time a UK financial institution has faced criminal prosecution under anti money laundering laws and the state owned bank could now face…

We talk to the former chair of the Energy Intensive Users Group, Andrew Large, about rising costs.

The energy squeeze on British households looks set to intensify after wholesale gas prices shot up spectacularly this morning, rising by more than a third at one point. But prices then dropped back after an intervention from President Putin.

Faced with an economy battered by the pandemic and an uncertain future, is that kind of rosy confidence realistic?

Indra talks to Krishnan about how working from home has revolutionised the relationship between women and work and the importance of business in politics.

At one point, it covered the wages of nearly a third of the country’s workforce. But today furlough comes to an end. Most economists believe that the multi-billion pound scheme saved Britain from mass unemployment during the Covid lockdown. Now it is disappearing just as the economy faces a new shock – with gas, petrol…

The government says this won’t be like the 1970s, but will it?

Another two energy firms have collapsed and a third is on the brink. Avro Energy and Green Supplier Limited have ceased trading and the future of Igloo is reported to be hanging in the balance.

We were joined by Sarah Hardy, from the North Brewing Company, and Mark Rhodes, Professor of Financial Economics at Leeds Beckett University.

There are signs of hope of a post- pandemic bounceback. But it’s not been without challenges – will today’s inflation hike be another one? It comes as the government presses ahead with its plan to end the £20 a week uplift to universal credit for millions. That’s money out of individuals’ pockets, of course, but…

A £750 million pound insurance scheme to back live events has been announced by the government.

For the beleaguered hospitality and leisure industry it’s just been one challenge after another.

Our home affairs correspondent Andy Davies has visited towns in Wales where some say that second home ownership is a threat to their very identity.