Business

Baroness Mone accuses Chancellor of ‘inflammatory’ language
Her comments come after a firm linked to the peer was ordered to pay £122m over a Covid-19 contract.

Childcare costs a ‘real barrier’ for families
A survey says 95% of parents and carers feel the affordability of childcare is poor or very poor.

‘My pay is being held hostage’: Federal workers on US government shutdown
Government staff describe their uncertainty during a budget impasse – though not all of them oppose the shutdown.

Denmark loses £1.4bn tax fraud claim in UK court case
The Danish government says it “strongly disagrees with the premises of the judgment and is now seeking to appeal it”.

Tesco warns ‘enough is enough’ on business taxes
Ken Murphy says he does not want more costs to be added onto business, and calls for a “pro-growth” Budget.

Shein to open its first permanent outlets in France
The Asian fast-fashion giant will open concessions in six department stores in the country.

Thames Water lenders submit rescue plan to stave off collapse
London & Valley Water, a consortium of investors, plans to write off some of the company’s huge debts.

Foodbank volunteer proud to be praised by PM
George Sutherland is one of a number of volunteers singled out in a speech by Sir Keir Starmer.

Funding shortage forces food bank to make changes
Didcot Emergency Foodbank was launched in 2009 but is running out of reserves.

Zoo charity launches voluntary redundancy scheme
The Zoological Society of London says it needs to reduce its annual costs by £2m.

Hurricane season brings financial fears in the Caribbean
As islands brace for this year’s big storms, many homes don’t have household insurance.

‘I won £65,000 at an employment tribunal – but I’ve yet to see a penny’
A BBC investigation reveals thousands of workers are still missing out on tribunal payouts.

Toy maker Jellycat plans to pay owners £110m after profits double
Jellycat’s viral cuddly toys are sold all over the world and made the company £139m last year.

Greggs set to raise prices again in response to cost pressures
It will be increasing the price of its breakfast meal deals, with a smaller increase in the cost of its biscuits.

Baroness Mone-linked company ordered to pay £122m over PPE contract
PPE Medpro has been ordered by the court to repay £122m in damages by 15 October.

Why the US government has shut down and what happens now
Funding has been cut off after Republicans and Democrats failed to agree a way forward on a spending bill.

Students say ‘unlimited’ energy costing £2k more
The University of Reading says students maybe unaware how much extra they pay for unlimited energy