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Market

Banks put up savings interest rates following base rate rise

Base rate bounce: Chase, Tandem and Newcastle BS raise easy-access savings rates following Bank of England's riseTandem ups rate on its instant access savings to 3.05% with bonus includedJP Morgan's Chase is increasing linked savings rate to 3% from 13...

Energy

Shell is having a use-of-cash flow crisis

No one does embarrassment of riches quite like the oil and gas industry. Amid a cost of living crisis, Shell has the opposite problem: the UK-listed energy group made a record annual net profit last year of almost $40bn, double...

Energy

Centrica suspends forced installations of pre-pay meters in UK

UK power supplier Centrica has apologised for the “deeply disturbing” behaviour of a third-party contractor alleged to have broken into vulnerable customers’ homes to install pre-pay energy meters on its behalf, and suspended the controversial practice of forced instalments.Chief executive...

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