Browsing: Business News

Adidas has said it is reviewing its Yeezy partnership with American rapper Kanye West just days after he stirred up controversy with a “White Lives Matter” T-shirt design at Paris Fashion Week.

Bank of England intervention prevented destructive ‘spiral’ after mini-Budget The Independent says The Bank of England has said that its…

The Guardian says Liz Truss’s intervention to freeze energy prices for households for two years is expected to cost the government £89bn, according to the first major costing of the policy by the sector’s leading consultancy.

Elon Musk has made a surprising u-turn on whether he will buy Twitter. The billionaire had initially dropped out of the deal to buy the social media site, but it seems he’s not willing to proceed with the takeover.

A food waste charity has told the BBC that it has seen a drop of around 200 tonnes in supermarket surplus donations every month this summer.

The Guardian says Thames Water, Southern Water and other companies will be forced to cut tens of millions of pounds from consumers’ bills after the regulator said they had missed pollution targets.

Chancellor Kwasi Kwarteng has confirmed that the government will U-turn on plans to scrap the 45p rate of income tax.

Chancellor Kwasi Kwarteng will release a mini-budget on Friday along with National Insurance and corporation tax cuts.

Sri Lanka is enduring its worst economic crisis in over seven decades, as August saw the country’s annual inflation rate surge to more than 70%.

A government support scheme, set to be announced later, could help businesses cut their energy bills by a third.