Category: News

People struggling to heat their homes amid rising energy prices will be able to gather at art galleries, community centres and libraries earmarked as communal “warm banks” in council-led initiatives around the country.

Retailers saw an unexpected pick-up in sales last month, but the mood among companies was still its bleakest since the start of the pandemic, a survey has suggested.

More homes were sold in the UK in July than in any other month this year, official figures show, but agents say buyers are showing more caution.

Workers at Chiltern Railways, Northern Trains and Transpennine Express say they will walk out in a dispute over pay but no dates have been set.

The Isle of Man’s government has agreed to freeze electricity prices until March 2023 to shield residents and businesses from a sharp increase in bills this winter.

Food and drink industry bodies have sounded the alarm over potential carbon dioxide shortages, after one of the UK’s largest suppliers of the gas said surging energy costs were forcing it to pause production.

British households were on average £160 worse off in July than a year earlier, according to research by the supermarket Asda, as it said it would do more to help shoppers being squeezed by soaring food and energy costs.

Households in Great Britain face a leap in energy bills from October after the regulator raised the maximum that suppliers can charge to £3,549 a year.

Six per cent of businesses were affected by industrial action last month as disputes over pay, jobs and working conditions led to worker protests.

Mastercard is set to launch a cryptocurrencies payments card, after striking a deal with Binance, the world’s largest crypto exchange.

British Gas will donate 10 per cent of its profits to help households grapple with soaring energy bills for the “duration of the energy crisis”.

More than $100m (£85m) worth of non-fungible tokens were stolen in the year to July, research shows, with criminals making off with an average of $300,000 per scam.

Ben Rivers, founder of male grooming brand Baldape, shares the story behind his business and his keys to success.

Asda is to remove “best before” dates from almost 250 fresh fruit and vegetable products as it joins a movement among supermarkets to help customers cut waste and save money.