Business

Energy bills in the first three months of 2024 are projected to increase before dropping later in the year, according to a closely-watched forecast. Consumers can expect more costly bills from January as energy regulator Ofgem will bring its price cap up to £1,898 for an annual average household bill – an increase of £64,
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Elon Musk has announced his social media company X, formally known as Twitter, has removed the team monitoring election misinformation. The tool to report misinformation has been taken away – except for in the European Union – prompting concern from thinktank Reset Australia ahead of the country’s aboriginal rights referendum next month. In a post
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Gatwick Airport has temporarily limited flight numbers for the rest of the week as a result of sickness amongst air traffic control staff. In a statement, the airport said it would limit the number of flights to 800 a day from today, which will remain in place until Sunday 1 October. It said the limit
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A sports streaming service whose customers include Manchester City Football Club, the Premier League champions, has collapsed into administration after the failure of funding talks. Sky News has learnt that Recast, which is based in Edinburgh, called in Interpath Advisory to handle its insolvency on Friday. The company operates a subscription-free live and on-demand platform
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The rate of inflation has eased slightly to 6.7% confounding the predictions of economists that it would rise. The Office for National Statistics (ONS) said the consumer prices index (CPI) measure slowed in the 12 months to August, from the 6.8% figure reported the previous month, thanks to food rising at a weaker pace during
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Elon Musk has said he will start charging people to use the social media site formerly known as Twitter. NBC News reports the billionaire businessman, who renamed the platform to X, revealed on a live stream that the company would introduce a “small monthly payment” to combat “vast armies of bots”. Musk has long complained
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Marks & Spencer is swapping plastic bags for paper ones across all of its stores following a successful trial. The retailer has become the latest chain to opt for the more environmentally friendly bags following Morrisons, Waitrose and Aldi, which all use paper bags for customers – though some stores offer plastic bags as an
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