Market news

Prices of lithium carbonate have risen almost tenfold this year. Cobalt is up by 150pc, and nickel futures have almost doubled. The IEA calculates that the "cathode materials" in battery packs for el… [+3955 chars]
Image caption, Some of the first commuters told the BBC they had been waiting years for this moment More than 130,000 passengers piled aboard the first trains running on the new £18.9bn Elizabeth li… [+6336 chars]
The energy price cap is expected to surge from £1,971 to £2,800 a year in October, the boss of Ofgem has told Rishi Sunak, piling further pressure on the chancellor to help struggling Britons through… [+3964 chars]
The prospect of the biggest rail strike in decades has moved a step closer after thousands of workers backed industrial action. Railway workers have voted overwhelmingly to strike, the RMT union ann… [+5028 chars]
The chancellor is expected to come under renewed pressure to offer a larger financial package of support to low-income families suffering from the cost of living crisis after the public spending defi… [+4235 chars]
KPMG will pay a fine of £3.4m to the accounting regulator after accepting failures in its audit of Rolls-Royce, the British jet engine manufacturer that paid a £500m settlement after bribery allegati… [+3028 chars]
The new Volkswagen Golf R 20 Years is the most powerful version of the Golf ever put into production. As the name suggests, it has been built to celebrate 20 years of Volkswagen's R performance divi… [+1865 chars]
Lenders are pulling rates at short notice, with nine lenders alone repricing on Monday, said Mr Harris. The big six want to avoid being top dog because of the volume of business this attracts, which … [+1186 chars]
Fuel prices in Britain are continuing to climb to record highs, with the average price of a litre of petrol at UK forecourts hitting 167.7p yesterday - up from 165.1p a week earlier and 147.8p three … [+7244 chars]
By Michael RaceBusiness reporter, BBC News Image source, Getty Images The typical household energy bill is set to rise by about £800 a year in October, the energy regulator warns. Ofgem boss Jonat… [+6005 chars]
A profit warning from Snapchats developer has sent the companys shares crashing nearly 40% in early trading, triggering the latest in a series of stock market routs that has wiped billions from the v… [+2546 chars]
Another big name fashion chain store has confirmed it is closing its Teesside Park branch. H&M says it has seen a rapid change in customer behaviour over the past few years that it can't ignore… [+2686 chars]
Consumers will face higher energy bills than necessary next winter because of a decision by the government to limit new renewable energy generation, described as a missed opportunity by the renewable… [+5465 chars]
A mother of an autistic child says her family was forced to wait for two hours after boarding an easyJet flight yesterday - only to be told their flight was cancelled. Nicola Caine, along with her h… [+4947 chars]
Greenwich councillors welcome the Elizabeth line To mark the opening of the Elizabeth line, Greenwich councillors put on an event at Woolwich Works including the National Youth Jazz Orcehstra and ca… [+961 chars]
The Mall Blackburn has been bought by the Adhan Group of Companies in a deal worth £40 million. Capital & Regional,the UK convenience and community focused shopping centre REIT announced it has … [+4201 chars]
Boohoo has reached a settlement in a $100m (£80m) US lawsuit that alleged the online fashion retailer used fake promotions to mislead shoppers. The Manchester-based company said the settlement had b… [+1914 chars]
The Treasury received £70.2bn in revenues, up £9.9bn on the year, according to the Office for National Statistics, while central Government spending fell by £4.1bn to £88.8bn. Paul Dales at Capital … [+1651 chars]
Image source, Martin Daniels Image caption, Travellers had to queue on the bridge connecting terminals at Manchester Airport Angry passengers have again faced long queues at Manchester Airport, wit… [+2369 chars]
A single set of traffic cameras in the City of London has raked in an astonishing £15.2million worth of penalty charges over three years, new research reveals.  Bank Junction, bordered by the Bank o… [+3353 chars]
China's dominance of critical minerals may be as dangerous for Europe as Russia's energy weapon - The Telegraph - May 24, 2022
Prices of lithium carbonate have risen almost tenfold this year. Cobalt is up by 150pc, and nickel futures have almost doubled. The IEA calculates that the "cathode materials" in battery packs for el…
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