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The Chancellor of the Exchequer has announced a £15bn package of measures intended to help households with the soaring cost of living, including a windfall tax on energy companies.
JP Morgan has reiterated its positive stance on the UK energy sector, despite the likely imposition of windfall taxes.
Elon Musk has pledged further equity funding for his $44bn offer for Twitter, after letting a $6. 25bn margin loan commitment lapse.
Shares in BT Group fell on Thursday after the government announced it was reviewing Patrick Drahi's £3bn stake in the telecoms specialist on national security grounds.
The Chancellor Rishi Sunak is poised to unveil a £10bn package of emergency support to help households struggling with soaring energy bills, it was reported on Thursday.
Shares in JD Sports Fashion came under pressure on Thursday after executive chair Peter Cowgill quit following a review of the retailer’s internal governance.
The German economy strengthened marginally in the first quarter, official data showed on Wednesday.
Severn Trent reported a jump in annual revenues on Wednesday, as consumption returned to pre-pandemic levels.
Ocado Retail blamed the cost of living crisis on Wednesday as it cut annual sales targets, sending shares in the online retailer lower.
Pets at Home reported an above-forecast jump in annual profits on Wednesday, driven by strong demand across the pet care market.
Marks & Spencer reported a jump in annual earnings on Wednesday, boosted by a strong performance in food, but warned that growing headwinds could curtail profits in the current year.
Retailers expect sales to soften in June, a survey showed on Tuesday, as high inflation and the weakening economic outlook weigh on consumers.
Energy bills are on course to rise by more than £800 in October, the head of Ofgem has warned politicians.
KPMG has been fined more than £3m by the accounting regulator over serious failures in its audit of Rolls-Royce.
Grocery inflation hit its highest level in 13 years in May, industry research showed on Tuesday, as the cost of living crisis continued to mount.
Shares in electricity generators tumbled on Tuesday after it emerged that chancellor Rishi Sunak was considering imposing a windfall tax on excess profits.
Chipmaker Broadcom is in talks to acquire fellow US technology firm VMware, it was reported on Monday.
JPMorgan Chase boosted its 2022 profit guidance on Monday, on expectations it will benefit from higher interest rates.
Matt Moulding, the billionaire co-founder of THG, would be prepared to take his online beauty company private for £3bn, according to media reports.
Gazprom Energy is considering rebranding, it was reported on Monday, as it looks to distance itself from its state-owned parent.