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Food price rises slow as UK inflation remains at 3.8%
Charlotte EdwardsBusiness reporter, BBC News Getty Images Food inflation fell, according to the latest figures Food and drinks prices in the UK are increasing at their slowest rate in more than a year, while overall inflation remains unchanged for the third month in a row. Month-on-month, the cost of food and non-alcoholic drinks actually edged…
Energy price cap to change as winter beds in
Kevin PeacheyCost of living correspondent Getty Images Regulator Ofgem will announce the next energy price cap later on Friday, with prices for millions of households expected to fall slightly at the height of winter. Gas and electricity bills remain relatively high, and the sudden drop in temperature has brought the costs to the forefront of…
Why has British Steel been nationalised?
There are 1,160 businesses in the UK steel industry, directly supporting 40,000 other firms, according to government figures., external Tata Steel at Port Talbot in Wales was once the UK’s largest virgin steel producer but it turned off its blast furnace in September 2024, saying it was losing £1.7m a day. An agreement with the…
