Business

Prices have soared by their fastest rate for 30 years as inflation hit 5.4%, its highest since 1992. 

Novak Djokovic isn’t the only person in the world of tennis to fall foul of Covid rules. 

What the unravelling of a once Silicon superstar tells us about the world of start-ups and high-level investors.

We asked Stephen Fitzpatrick, the boss of Ovo Energy, what can be changed in the energy sector to reduce household fuel bills.

The argument about how best to respond to looming rises in household fuel bills intensified today.

It’s known as the ‘Big Squeeze’ – soaring energy and fuel prices, tax hikes, and wages that don’t keep pace.

Fears of rising inflation among businesses have hit an all time high and are threatening to stall Britain’s economic recovery.  

We spoke to Gerrit De Vynck, the Washington Post’s Technology Reporter, who’s been following the case of Elizabeth Holmes and began by asking how she was able to dupe so many rich business people.

She was once feted as the world’s youngest female self made billionaire who promised that her blood testing start-up would transform the future of healthcare but now Elizabeth Holmes has been found guilty of four counts of fraud – in a case which came to symbolise Silicon Valley’s ethos of hype and corporate greed.

We spoke to Emma Pinchbeck, from Energy UK, and began by asking her how serious she thinks the situation with rising energy prices is at the moment.

Household energy bills could rise as much as 50% in the spring, the industry has warned. 

We were joined by Rain Newton Smith, chief economist at the CBI, and the live music and events promoter Stuart Galbraith.

Struggling hospitality firms have broadly welcomed the chancellor’s new package of support, which includes grants of up to £6,000 and a statutory sick pay rebate scheme.

We were joined by Kate Nicholls, the chief executive of UK Hospitality.

While the decision on a formal circuit breaker didn’t materialise today, for many companies the economic impact on the ground is already here, and it’s looking pretty anxious.