Helia Ebrahimi , Economics Correspondent

Michael Gove said leaseholders would no longer have to bear the costs themselves, saying he was ready to “impose a solution on them in law”. 

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

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.

This year has been a struggle for many people who’ve lost jobs and livelihoods to the pandemic – now a leading think tank is warning that 2022 will be “the year of the squeeze”.

Pubs and nightclubs in England have welcomed the decision to let them stay open for New Year’s Eve, calling it a lifeline. 

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.

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.

At a time when the economy faces a growing threat from the Omicron surge, the Bank of England has hiked interest rates for the first time since the start of the pandemic. They’ve risen from their historic low of 0.1% to 0.25%.

The boss of Together Energy, one of those companies fighting to survive, has warned that it will be impossible for any energy company to keep going in the UK market if gas prices remain at their current high levels.

Spiralling wholesale gas prices struck down yet another energy firm today, but this one is the biggest yet. 

The government is under mounting pressure after senior Conservatives hit out at a change to the new plans for social care. 

Up to £355 million in taxpayers’ money could be at risk, after a bank failed to properly scrutinise the collapsed lender Greensill Capital, according to MPs.

With inflation rising and squeezing people’s earnings, the pound has risen on heightened expectations of an interest rate rise.

Rising costs are just one problem facing Rishi Sunak. He’s also under pressure to fund the move towards a net zero economy.

Could many of the must-have Christmas toys this year be out of stock before 25 December?