During August the UK experienced an economic bounce-back after demand for domestic holidays boomed. However, economists question whether this was simply a glimpse of sunshine through a cloudy economic backdrop as economic growth already appears to be decelerating.
A senior policy maker at the Bank of England has warned that Bitcoin and other cryptocurrencies may soon risk the financial stability of global economies unless governments prioritise stricter regulation.
The International Energy Agency (IEA) has released a statement emphasising the need for significant investments in green energy to prevent further uncertainty in the energy markets.
GFG Alliance has promised to inject £50m into its UK steel plants, saving 650 jobs.
Kraft Heinz warns consumers that rising food prices around the world are here to stay, whilst other companies such as Nestlé and PepsiCo also raise their prices.
136 countries agreed to impose a minimum corporate tax of 15% by 2023, which will affect companies with global sales above 20 billion euros and profit margins above 10%.
The accountancy firm Grant Thornton has received a fine of £4 million for its failures in the audits for Patisserie Valerie, which collapsed in 2019 after an accounting scandal.
Chinese company Evergrande owes $300bn in debt. The company failed to meet a key repayment deadline on Thursday 24 September prompting fears it may collapse, to the detriment of national and global markets.
Some experts believe the recent surge in investment in altcoins is likely to result in a crypto market crash reminiscent of that witnessed in May 2021.
Clubs competing in the Premier League, the top tier of English football, have spent over £1bn in the 2021 summer transfer window despite overall spending falling for the second consecutive year.