Economy Bank of England holds rates at 5.25%Decision comes despite ‘encouraging signs’ inflation is easing
Markets BP paid new chief executive more than £8m last yearThe energy firm also clawed back nearly £3 million from former chief executive Bernard Looney
Economics UK inflation holds steady at 4%, but still above targetEconomists had forecast that price growth would rise last month
Companies New BP boss in race to beat Shell as oil giant prepares to post 2023 earningsAnalysts expect BP’s underlying replacement cost profit will be $2.77 billion for Q4 as the firm learns if the departure of Bernard Looney hurt business
Energy Storm Pia leads to record levels of UK wind energyWinds of over 80mph have been battering the UK with weather warnings in place for large parts of the country
Economy UK economy contracts 0.3% in OctoberWidespread falls in services, manufacturing and construction drove British GDP down
Retail BBC Panorama investigation into Boohoo to reveal unfair treatment of suppliersFast fashion giant - which is headed up by Offaly man John Lyttle - is trading up after a dip on Monday morning
Economy Bank of England holds interest rates at 5.25% amid warnings over stubborn inflationBank downgraded forecast for UK economic growth
Retail Shein buys Missguided brand from Mike Ashley’s Fraser Group Deal marks Chinese fast fashion giant’s first UK acquisition
Companies Odey Asset Management seeks to wind up wealth businessSexual misconduct allegations against Crispin Odey have reportedly impacted majority of firm’s $4.4 billion assets
Banking Rescue deal sees Colombian billionaire become biggest shareholder in Britain’s Metro BankJaime Gilinski Bacal owns one of Latin America’s largest banking empires
Aviation EasyJet expected to report profit rise to €639 millionDespite the rise, there are still concerns around the impact of air traffic control strikes
Energy Renewable output at SSE lower than expected due to poor weatherProduction was 19 per cent lower than hoped in the six month to September
Media Profile: Lachlan Murdoch - the boy who wouldn’t be king finally claims the throneWho is the first-born Murdoch son who will replace his father Rupert as chair of the Murdoch media dynasty?
Russia Domino’s Russian franchisee set to declare bankruptcyDP Eurasia described the environment in Russia as “increasingly challenging”
Results Shell’s lower than expected profits could make BP shareholders nervousBP is due to reveal its second quarter profits next Tuesday, five days after its rival failed to meet analyst expectations
Legal McDonald’s chief says harassment claims are ‘shocking’, sets up new investigation unitThe new unit will be run by HR and legal professionals
Wind energy Sweden’s Vattenfall stops work on large British wind farm, cites soaring costsThe energy giant said costs for the offshore wind industry had risen 40 per cent
Markets More than £40 billion wiped from FTSE 100 as US debt ceiling talks drag onGlobal markets have been shaken as the deadline for raising the ceiling approaches