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The chancellor is understood to be considering cutting the 5% VAT rate on bills to zero, a move that would save billpayers around £80 a year and cost £2.5bn to implement.

The 145 year-old footwear retailer has hired Interpath to raise external financing as part of a five-year turnaround plan overseen by chief executive Andrew Bromley, Sky News understands.

The AI chatbot ChatGPT has been incorporated into the design of Atlas, not just "bolted on", says one of its creators.

Advisers to Unimetals Group have set a deadline of Wednesday evening for offers aimed at averting the collapse of a business which is being monitored in Whitehall, Sky News learns.

Officers arrested 32 people and seized thousands of items worth hundreds of thousands of pounds.

The restaurant chain will also shut 11 delivery sites as part of a restructuring, which will put 1,210 workers at risk of redundancy.

The rate of inflation remained static in September, according to official figures, which could raise prospects for interest rate cuts ahead.

An Oslo-based private equity firm is the latest party to walk away from discussions with one of Britain's biggest residential energy suppliers amid uncertainty over the regulatory outlook, Sky News learns.

Lloyds Banking Group's chief executive urges the chancellor to ignore calls for a windfall tax on commercial banks even though the sector is enjoying record profits.

The company had demanded a greater hike to bills for 2025-30 than the industry regulator would allow but its planned appeal will not proceed for the foreseeable future, pending the outcome of rescue talks.