City braces for sharp hike in UK interest rates; Roubini predicts ‘long, ugly’ recession – as it happened
Money markets suggest the Bank of England could raise rates from 1.75% to 2.5% this week, and 3.75% by end of 2022, as policymakers try to get to grips with soaring inflation
Shares slide as UK retailers join households facing a grim winter
Businesses from bars to shops are buckling under the strain of energy bills and damage to trade and staffing
B&Q owner Kingfisher’s profits fall 30% amid cost of living crisis
Chief executive calls on government to give more support to people on lower incomes in mini-budget
