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Business News
- Savers to be targeted with offers to invest in shares under new plansBanks will send savers details of possible investments and an ad campaign will raise awareness, the Treasury says.
- Thames Water 'extremely stressed', warns boss amid huge lossesThe company's future remains uncertain as it posts losses of £1.65bn for the year to March.
- US inflation rises as tariffs drive up pricesEnergy and housing costs were the major drivers of inflation, but consumers are starting to feel the impact of tariffs on basic goods.
- Drivers offered up to £3,750 discount to buy electric carsGovernment will subsidise prices cuts to encourage a shift away from petrol and diesel.
- China growth beats expectations as Trump tariffs loomThe world's second largest economy grew by 5.2% in the three months to the end of June, official figures show.
- Heat pump makers are ready for a rush: Will customers come?Heat pump makers are ready to raise output, but demand is still sluggish.