Pressure builds on Rishi Sunak to act now on living costs

In April, gas and electricity prices had the biggest impact on inflation after a higher energy price cap – which limits the price per unit that suppliers can charge customers – kicked in. It means that homes using a typical amount of gas and electricity are now paying £1,971 per year on average – up £700 from the previous cap.

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Pound rises ahead of expected Johnson resignation

Kitty Ussher, chief economist at the Institute of Directors, the UK employers' group, said: "What business hates most is uncertainty and instability, which heightens the sense of external risk. Having said that, we recognise that this is an issue for the Conservative...

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Will Nadhim Zahawi change tack on the economy?

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