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The company, chaired until recently by City grandee Sir Donald Brydon, is in talks to raise roughly £8m in an accelerated funding round, Sky News learns.

Sky's Paul Kelso writes that the ONS data highlights a link between government policy and the acceleration in the pace of price increases.

Patrick Verry, 33, of no fixed address, was caught in the act by plain clothes officers at a Greggs store in Wood Green, north London, on 15 May. He had been seen stealing from the same Greggs on the shop's CCTV six times previously.

Marks and Spencer (M&S) has warned investors it is facing a £300m hit to trading profits as a result of last month's ransomware attack.

ONS data shows rise from 2.6% the previous month was down to rises in many essential bills including those for energy and water.

The Unite union is accusing the government and city council of blocking offers to end the dispute from being made - allegations that both have denied.

The payments were linked to the struggling firm securing a rescue loan of up to £3bn to stave off collapse earlier this year.

The world's richest man said he will cut back on political spending after heavily backing the US president last year.

Run by former BHP executive Laura Tyler, Adriatic is said to be in early-stage discussions with Toronto-listed Dundee Precious Metals, Sky News understands.

Appearing before MPs, HSBC UK chief executive Ian Stuart and other bank bosses addressed the threat of cyber attacks.