More strikes on the horizon as union ballots over Royal Mail postman pay row

Bank of England raises base interest rate to 1.75%

The Bank of England has raised the base interest rate by half a percentage point to 1.75 per cent, the biggest rise since 1995, in an attempt to combat runaway inflation.

EU delays tighter entry rules until November 2023

Travel to Europe was given a boost yesterday as the European Union quietly delayed its plans to tighten entry rules.

Rural crime wave forces farmers to paint their flocks

Farmers are painting the horns of their sheep to thwart thieves as a report finds that rural crime has risen by 40 per cent in a year.

Supply chains remain a major problem for Mini

Supply chain disruption has seen deliveries at Mini, the carmaker that produces the majority of its vehicles at the Cowley plant in Oxford, drop by more than a fifth.

Poundland to cut prices and open 25 new stores

Poundland, the discount retailer, is cutting the price of 1,000 products and opening 25 more stores as inflation hits household finances.

Cost of living squeeze hits pension contributions

More than one in ten adults have stopped contributing to their company pension or are planning to stop because their incomes have been squeezed by the cost of living crisis.