Browsing: Business

The Guardian says The John Lewis Partnership slumped to a first half loss of £99m driven by soaring inflation, as the department store group warned a “uniquely uncertain” outlook in the run-up to Christmas would put the staff annual bonus at risk this year.

The Guardian says Falling petrol prices pushed Britain’s inflation rate back below 10% in August in the first easing of upward pressure on the cost of living in almost a year.

The i says It comes as the UK faces a cost of living crisis, with fuel, food and energy prices soaring for months.

Shops have announced they will shut their doors in the UK on Monday 19 September, as a sign of respect to Queen Elizabeth II on the day of her funeral.

The death of our beloved monarch Queen Elizabeth II means a lot will be changing. There’s already a new monarch – her eldest son is now King Charles III and his wife Camilla has become the Queen Consort.

Strike action has been called off following the death of Queen Elizabeth II.

The Guardian says Liz Truss will finally present her long-awaited plans to tackle soaring energy bills on Thursday, with some Tory MPs conceding this is already a make-or-break moment for her entire premiership.

PM Liz Truss will unveil her plans to help the public amid soaring energy prices. The government plans are expected to limit energy bill rises, spending billions to protect people from rising prices.

Tens of thousands of businesses are at risk of collapsing if the government fails to help support them because of soaring energy bills, according to experts.

The government has announced a payment of £150 will be provided to up to six million disabled people from 20 September to help with the rising cost of living.