Boris Johnson accused of Brexit failure as he admits UK-US trade deal near back of queue in Biden’s priorities – live
Latest updates: PM dampens expectations of progress on UK-US trade deal and says Biden has ‘a lot of fish to fry’
- Johnson hails lifting of US travel ban but says trade deal progress unlikely
- Kwarteng admits ‘difficult winter’ ahead as energy bills soar
- Coronavirus global updates – live
Rolling coverage of the latest economic and financial news
- Latest: OECD lifts inflation forecasts amid commodity surge
- Kwasi Kwarteng pushing for agreement with US fertiliser firm
- Kwarteng: hopeful that we can get something sorted today
- Deal could involve subsidies for US firm CF Industries
- Introduction: Food industry warns government has 10 days before consumer see shortages
- UK food producers call for subsidies to tackle CO2 crisis
- CO2 crisis could hit UK food stocks well before Christmas, says Iceland boss
- Explainer: What caused the UK’s energy crisis?
Low wages and poor working conditions – as well as unruly customers – combine to keep the food service labor shortage goingAfter the traumas of widespread economic shutdowns during the coronavirus pandemic, America’s restaurant industry is largely open for business again as eateries ranging from high-end bistros to fast-food chains are serving hungry customers.
Former Tory leader says shortages are inevitable and calls for elite ministerial team to tackle crisis
- Today’s politics news – live updates
Coach operator’s takeover would value UK’s biggest bus company at about £445mNational Express is in talks to buy Stagecoach, the UK’s largest bus operator, in an all-share deal to create a business with a fleet of 36,000 buses and coaches.
Budget deficit dropped to £20.5bn in August but was offset by high interest payments on national debtThe UK government was forced to borrow more than expected in August as soaring inflation pushed up debt interest payments.
From threat of lights going off to $150m potential payday, executive has helmed change of fortunes at UniversalIn the dark days of the noughties, a time marked by plunging record sales and rampant digital piracy, Lucian Grainge was on the warpath because of the lack of chart-topping new stars being discovered by his label.
Record firm’s €40bn flotation is just beginning of new wave of music consumption, says Sir Lucian Grainge
- ‘Ruthless but good ears’: key architect of music industry revival
From moves by China and Russia to changes in UK regulation, these are the factors that created the perfect stormThe UK’s energy system has been plunged into chaos by a perfect storm of market forces which threatens to rip through the economy from home energy suppliers to heavy industry, and from factories to farmers.
Energy crisis could have been lessened if more had been done to shift UK market towards renewablesRenewable energy and low-carbon heating could do much more to alleviate the gas supply problems of the future – and could have done much to reduce the impact of this winter’s soaring gas prices, if the government had done more to shift the UK’s energy market sooner, industry experts have said.