The number of UK households facing acute financial strain has risen by almost 60% since October and is now higher than at any point during the coronavirus pandemic, a survey found.

The latest data on gross domestic product indicates that UK economy has slowed faster than economists had expected, while business confidence has fallen sharply in recent months. Analysts are already cutting forecasts for earnings next year...

30 million people across the UK will benefit from the biggest personal tax in a decade from July 6 - with hard-working Brits saving up to £330 per year.

Britain’s biggest supermarket chain Tesco apologised to customers for empty shelves where the products would normally be, saying it would not pass on “unjustifiable price increases”.

US pharmacy giant Walgreens has dropped plans to sell Boots, saying buyers were unable to raise enough funds due to instability in financial markets. Walgreens said it had various offers for the pharmacy business after it put Boots up for sale...

Ofgem has published plans to cut baseline annual rates of return to 4.75 per cent for the five years from April 2023, down from about 6.8 per cent under the current regime. This means the companies that own the UK’s local electricity distribution...

Britain’s small businesses will hire thousands of people over the next year, even amid soaring inflation and rising interest rates. According to reports, private firms with revenue of less than £250 million, will create more than 6,000 jobs...

The State Bank of India (UK) has raised the interest rates on its range of products after the announcement by the Bank of England to increase the base rate. The rate of increase is from 35bps to 100bps. The new rates are effective from 22 June...

The Lloyds Bank has warned its customers to stay alert over rise in purchase scams, notably through fake adverts. As per the Lloyds’ data, reports of purchase scams which involve shoes and trainers have more than doubled so far this year.