The Latest Breaking News from Susannah Streeter

H&M said the move is part of a 'global programme to reduce costs and further improve efficiency in the business'

Economists expect smoother monetary tightening as policymakers worry about damage to growth

Sterling dipped by 1.4% to 1.1312 dollars shortly after Liz Truss said that the Government was making ‘difficult but necessary’ choices

Neither Chancellor Kwasi Kwarteng nor Liz Truss are currently expected to publicly address the major market shift, following Friday’s mini-budget

UK retailers and pubs rise on FTSE after outline emerges of new prime minister’s plan to tackle rising bills

Fuelled by hype and hysteria, the market in bitcoin and other cryptocurrencies went from an obscure niche to a $3tn industry. Then the house of cards collapsed

Tesla Inc faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years. Stung by China's COVID-19 lockdowns and soaring costs, Tesla said…

Nearly half of hospitality firms will raise prices in July – survey

Firms face ‘inevitable’ wave of closures and job losses if strikes spill over into other sectors