Category: Business

The cost of a two-year fixed rate mortgage has climbed above 6% while the equivalent rate on a five-year fixed rate mortgage has reached 5.67% but the headline figures belie…

A Spotify executive has spoken out about the scrapping of Harry and Meghan’s $20m (£15m) deal with the streaming service, calling the royal couple “f****** grifters”. Bill Simmons, who is…

The prime minister has declined to back extra support for mortgage holders despite higher interest rates making payments more expensive – and a further rise in rates expected. Asked if…

Annual mortgage repayments are set to rise by £2,900 for the average household remortgaging next year, according to a think tank. As the UK’s “mortgage crunch” deepens, total annual mortgage…

Millions of people were left waiting too long for energy support due to a lack of government “bandwidth”, according to a report from the cross-party Public Accounts Committee. More than…

The operator of Britain’s electricity system says it is to keep a scheme that aims to help prevent blackouts for the coming winter. National Grid ESO said it was “prudent…

Mortgage payers taking out new loans today are now facing the biggest home loan squeeze since the early 1990s housing crash, with the pain only set to worsen in the…

A Singaporean sovereign wealth fund has joined the list of suitors vying to take control of Center Parcs, the UK’s biggest chain of upmarket holiday resorts. Sky News has learnt…

Household supplier E.On Next has been told to pay £4m back to its customers following a review that found customer service weaknesses at every company in the sector. Ofgem ordered…

A US regulator has succeeded in a bid to temporarily block Microsoft’s £55bn takeover of video game maker Activision Blizzard, preventing the deal being completed this week. The Federal Trade…

British tech companies and universities are to receive millions of pounds of investment to develop new technology that generates solar power from space. The rapidly emerging technology collects energy from…

All Uber Eats couriers will use zero emission vehicles by 2040, the food delivery company has announced. Deliveries are currently made by staff using cars, motorbikes and bicycles, as well…

WhatsApp is adding the Twitter-like ability to follow accounts outside your personal contacts. The new feature will be in a new section of the app called “updates”, separate from your…

The Daily Telegraph newspaper has inched closer to a sale after Lloyds Banking Group seized control of its parent firm over unpaid loans and placed it in the hands of…

The Organisation for Economic Co-operation and Development is warning the UK will have one of the highest inflation rates in the G20 this year. Ian King speaks to the chief…

The president of Microsoft has met with the chancellor amid efforts to overturn the competition watchdog’s decision to block its planned takeover of Activision Blizzard. Brad Smith said in a…

The largest US crypto asset trading platform has been accused of illegally operating without regulatory approval. The US Securities and Exchange Commission (SEC) said it had filed a lawsuit against…

Energy producer SSE has been hit by a nearly £10m fine for charging the national grid – and bill payers as a result – too much money to power down…

US regulators have filed a lawsuit against cryptocurrency exchange Binance alleging a string of violations including the misuse of investor funds. Cryptocurrencies and shares in crypto and blockchain-related companies tumbled…

Apple has unveiled a mixed-reality headset called Vision Pro – its first entirely new product in eight years. The US tech giant claims the device is “the most advanced personal…