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ECONOMY
My bills went bananas after I had a smart meter installed with Bulb
My energy supplier Bulb installed a smart meter at my home two years ago.My account was thousands of pounds in credit, so to use it up I reduced my monthly payments. Since then, I keep getting sent 'statement adjustments' which give…
BUSINESS LIVE: Shell slapped with overcharging fine; Hays profits jump
The FTSE 100 will open at 8am. Among UK companies with reports and updates are Shell, Hays, Grafton, Amigo and Go-Ahead. Read the Thursday 25 August Business Live blog below.> If you are using our app or a third-party site click…
Refused a state pension? Here’s how to fight it
If you were refused a state pension or given an unexpectedly low award when you turned 66, it is worth challenging the decision.A joint investigation with Steve Webb, our columnist and a former Pensions Minister, has uncovered an increasing…
Central bankers set for crisis talks as inflation spirals
The world’s most powerful central bankers are jetting in for crisis talks as inflation spirals out of control.US Federal Reserve chief Jerome Powell and Bank of England Governor Andrew Bailey are among those due to attend the three-day…
Rio Tinto steps up efforts to take control of Mongolian copper mine
Rio Tinto has stepped up its efforts to take control of a huge Mongolian copper mine after a previous bid was rejected.The miner has offered £2.6billion to buy the 49 per cent share it does not already own in Turquoise Hill Resources, the…
Chinese ramp up pressure on HSBC: Ping An in fresh call for a split
The boss of Chinese insurer Ping An stepped up the firm’s attack on HSBC in her first public comments since pushing for a break-up of the bank.Jessica Tan, co-chief executive of Ping An, said HSBC was a ‘significant investment’ and that she…
Britain imports no energy from Russia for the first month on record
Britain imported no fuel from Russia for the first time in June, according to official data.The UK’s imports of all goods from the sanctioned state fell to their lowest level as restrictions were imposed on Russian firms and individuals,…
MARKET REPORT: Soaring used car prices boost shares in Lookers
Car dealer Lookers has cashed in on a surge in second-hand car prices as semiconductor shortages hit sales of new vehicles.It said the average price of used cars it sold was 27 per cent up in the first half of 2022 compared to a year…
MAGGIE PAGANO: Federal Reserve boss Jay Powell must walk a fine line
It’s been called the Davos of banking. Instead of skiing though, the main after-hours activities for the 120 or so central bankers and economists who attend the Jackson Hole symposium are hiking or fly-fishing.Finding a location which…
Britain is ‘punching above its weight’, says Frontier Developments boss
The founder of one of the UK’s biggest computer game companies has said Britain should be ‘evangelising’ about its creativity as it is ‘punching above its weight’ in the global market.David Braben, who set up Cambridge-based Frontier…