Business News

The baby formula market needs a shake-up to help parents struggling to afford it, according to the UK's competition watchdog.
HS2 is spending more than £100m on a "shed" to protect bats on a section of the line, even though there is "no evidence that high-speed trains interfere with bats", the project company's chairman has said. 
Rachel Reeves probably needs no reminding of the political and economic potency of inflation.
The Bank of England has forecast Rachel Reeves's first budget as chancellor will increase inflation by up to half a percentage point over the next two years, contributing to a slower decline in interest rates than previously thought.
The consumer credit giant behind the Argos and John Lewis store cards is kicking off preparations for a sale or stock market listing that could value it at more than £1.7bn.
Measures announced in the budget will cost one of the UK's biggest supermarket chains £140m, its chief executive said.
The US central bank has cut interest rates for the second time in a row as the independent agency's future becomes uncertain under a second Donald Trump presidency.
The battle for control of Thames Water's future has deepened after a second group of bondholders tabled a fully underwritten offer to provide £3bn of new debt.
Australia's government has pledged to introduce what it described as "world-leading" legislation to ban children under the age of 16 from social media.
Every Monday in our Money blog, we answer questions about your financial problems or consumer disputes. This week, a reader asked what rights they had after a bad haircut.

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