Business News
Virgin Atlantic chief: UK government should reverse course as pound slumps
Airline boss says weak sterling is hurting both the UK economy and consumers
Read more » | Desktop version »‘Romantic, isn’t it?’ Cornish pub cuts energy costs with candlelight nights
The Masons Arms in Camelford is turning out the lights on Mondays after a sharp rise in its electricity bill
Read more » | Desktop version »Alleged Optus hacker apologises for data breach and drops ransom threat
Online account claims it published records of 10,000 customers and threatened to release more before change of heart
Read more » | Desktop version »Kwasi Kwarteng to hold crisis meeting with bankers after pound plunges
Financiers look to chancellor to restore investor confidence as government bonds continue to collapse
Read more » | Desktop version »China growth lags Asia-Pacific for first time in decades as World Bank cuts outlook
East Asia and Pacific annual growth forecasts downgraded from 5% to 3.2% as China’s economy cools, largely due to zero-Covid policy
Read more » | Desktop version »Bumper City bonuses expected from takeover frenzy after pound hits record low
UK firms now temptingly cheaper, with a ‘wave of bids’ from overseas buyers meaning payouts for bankers
Read more » | Desktop version »Purported Optus hacker releases 10,000 records including email addresses from defence and prime minister’s office
Optus CEO says federal police are ‘all over’ post with ultimatum demanding $1m within four days after massive data breach
Read more » | Desktop version »Pound comes under new pressure after Bank of England fails to raise rates
Central bank stops short of emergency rate hike and instead says it will make full assessment in November
Read more » | Desktop version »Leading economies sliding into recession as Ukraine war cuts growth, OECD finds
Impact of energy and inflation crises worse than forecast, with Europe most directly exposed to fallout of Russian invasion
Read more » | Desktop version »Government flags new cybersecurity laws and increase in fines after Optus breach
Clare O’Neil says penalties for telcos are ‘totally inappropriate’ and data breach was ‘significant error’
Read more » | Desktop version »FCA urged to investigate whether Tory allies shorted pound on insider info
Labour’s Tulip Siddiq calls on City watchdog to determine whether hedge fund billionaires knowingly profited from Kwasi Kwarteng’s mini-budget
Read more » | Desktop version »Online fraudsters adapt tactics to exploit UK cost of living crisis
Phishing attacks have started to target people in difficult financial situation, ONS reports
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