Business

Business

• Warning energy bills to hit over £4,200 in January

  Consultancy Cornwall Insight now forecasts a typical household will pay £4,266 a year for energy.

• John Lewis boss: Over-50s quitting the workforce fuels inflation

  Boss Dame Sharon White says the government must think about how to get older people back into work.

• Olive oil prices to rise 25% as heatwave hits production

  Prices in supermarkets could increase by 20-25% later this year, one leading exporter tells the BBC.

• Felixstowe port workers to strike after talks fail

  The UK's biggest container port faces an eight-day walkout after staff rejected a pay offer.

• Boris Johnson rules out immediate cost-of-living measures

  It comes as business boss Tony Danker warns the UK cannot "afford a summer of government inactivity".