Browsing: Business News

BBC News says Rail firms and a major union have both said they want to negotiate to try to avoid strikes that could cause major disruption in June.

The Guardian says concerns have been raised over the City’s influence on Westminster, after a report found financial firms and individuals tied to the sector donated £15m to political parties and gave £2m to MPs during the pandemic.

The Independent says the UK property rental market is shrinking drastically, leading a new report to warn rents could be driven up.

Daily Mirror says Customers of 10 banks including Barclays, Halifax, Lloyds, Nationwide and Monzo have been locked out of their bank accounts this morning.

Sky News says shop prices grew at the fastest rate in more than a decade during May, spurred on by rapidly-accelerating food inflation.

The Guardian says Ministers have cancelled a contract with P&O Ferries after it sacked nearly 800 seafarers without notice in March.

The Daily Mirror says Barclays is closing another 27 bank branches, and will have closed 103 by the end of the year.

The Guardian says the average price of a UK home has topped £250,000 for the first time, but the proportion of sellers reducing their asking price and the time taken to sell a home have both increased, according to Zoopla’s latest market index.

The Guardian says Rishi Sunak will push the button on a controversial windfall tax on energy companies on Thursday, as he lays out measures to ease the pain of rising household bills.

The Independent says Average asking prices for UK properties have jumped £55,000 since the start of the pandemic, with no slowdown in the “frenetic” market despite the cost of living crisis, new figures show.