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      UK services sector hit with record cost inflation spike after fuel prices surge

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News

  • UK services sector hit with record cost inflation spike after fuel prices surge

    Economics

    Businesses recorded cost inflation at the highest level since the aftermath of Liz Truss’ chaotic mini-Budget in April as the consequences of the Iran war continued to ripple through the economy. A rapid increase in raw material prices led to a jump in costs for the manufacturing sector but the UK’s all-important services sector – […]

    Keanu Reeves in a business meeting setting, engaging with colleagues around a conference table, discussing project strateg...
  • Sainsbury’s warns of Iran war hit to customers, share price dips

    Retail
    Sainsburys supermarket exterior with customers entering and exiting, showcasing the stores vibrant signage and busy atmosp...
  • Santander hits pause on €5bn buyback after US takeover

    Banking
    Santander has warned the UK house buying process is impacting the economy
  • AJ Bell inflows surge after record customer growth

    Investing
    London skyline with iconic insurance buildings under clear sky reflecting the citys financial and business hub atmosphere
  • Asos shares slip despite narrowing losses

    Retail
    Asos stock performance graph showing over 2% decline despite reduced losses and 14% revenue drop in early 2023
  • Eight London sites raided in peer-to-peer crypto trading bust

    Legal
    The FCA launched a consultation on the regime for hedge funds and alternative investment managers.
  • WH Smith profit grounded as flight cancellations take hold

    Retail
    Going forward, the only remaining WH Smith shops will be in airports, train stations and motorway service stations – alongside some remaining stores in hospitals.
  • RELX: FTSE 100 group says AI tools power strong start to 2026

    Markets
    Tech group Relx's revenue surpassed £9bn in the 2023 financial year as the company benefitted from the growth of information-based analytics and decision tools.
  • Back to the 1970s: Brits know the damage being done to our economy

    Economics
    Rubbish piles up on the street - like the Winter of Discontent
  • Startups should pray the US AI giants don’t run out of cash

    AI
    Sam Altman discussing OpenAIs ChatGPT advancements at a press conference, emphasizing AI innovation and future developments
  • The tax effect: Reeves borrowed less than OBR forecast

    Economics
    Rachel Reeves speaking at an IOD event.
  • AI governance for boards: A short practical guide 

    Opinion
    AI technology revolutionizing financial services industry with data analysis, automation, and customer engagement strategies
  • London local elections 2026: Who will win?

    London
    Voters casting ballots at a London polling station during an election, showcasing citizens participating in democratic pro...
  • Remember that controversial ‘woke’ Jaguar? We drove it…

    Life&Style
    Majestic jaguar prowling through dense rainforest showcasing its powerful build and distinctive spotted coat.
  • War propels UK inflation in new risk for interest rate hikes

    Economics
    A new paper by the free-market think tank IEA demands the Treasury to broaden its focus from inflation to total spending in the economy – which would account for both economic growth and inflation.
  • Pension ping pong: Now government backtracks on mandation powers

    Politics
    The AIC is urging the government to amend the pensions scheme bill
  • Top boss at UK’s largest property fintech ousted for non-financial misconduct

    Fintech
    Hugo Davies of LendInvest discussing finance strategies in a business meeting setting

Editor's Picks

  • Remember that controversial ‘woke’ Jaguar? We drove it…

    Life&Style
    Majestic jaguar prowling through dense rainforest showcasing its powerful build and distinctive spotted coat.
  • Who is John Ternus? The man stepping into Tim Cook’s giant shoes at Apple

    Tech
    GettyImages 2264522638 featuring a business conference with diverse professionals engaging in a dynamic discussion.
  • The digital bank revolution is over – and that’s a good thing

    Fintech
    Nikolay Storonsky discussing business strategy at a press conference, emphasizing innovation and growth in the financial s...

Opinion

  • Back to the 1970s: Brits know the damage being done to our economy

    Economics

    By late 1978 Britain was in the grip of what became known as the Winter of Discontent. Waves of strike action caused huge economic and social disruption as rubbish piled up on the streets and bodies went unburied. It was a crisis for the Labour government and a low point in Britain’s recent history. It […]

    Rubbish piles up on the street - like the Winter of Discontent
  • Pensions belong to savers, not the state

    Opinion
    Chancellor Rachel Reeves discussing UK economic strategy at a press conference podium
  • Strikes have no place in a competitive market economy

    Opinion
  • Voters have not understood the reality of a zero growth economy

    Opinion
  • Lord Khan of Tooting? Sounds like a great idea to me!

    Opinion
  • Stashing cash is nuts – just ask Savvy the squirrel

    Opinion
  • Carolyn Dawson: If you’re the smartest person in the room, get out

    Opinion
  • How to tax in an energy crisis

    Opinion

Partner content

  • Mayer Brown: Capital solutions are rewriting the rulebook

    Partner
    Getty Images number 2154617464 depicts a relevant scene for the articles unidentified content, suitable for business context.
  • Transforming Consulting: Elevating standards and expertise for the future of business

    Partner
    Breaking news image with abstract digital clock, highlighting urgency and relevance in a fast-paced global news environment
  • St John Ambulance receives Health Lottery Foundation grant to extend Young Responders programme

    Sponsored
    Young St. John Ambulance responders practicing first aid skills, wearing uniforms, engaging in hands-on emergency training.
  • Northern Data Group International Day at Chestertons Polo in the Park

    Partner
  • More than a café. More than a bank.

    Partner
  • What’s on in April

    Partner

Sport

  • Copilot coaching: Can AI train me to run the London Marathon better?

    Sport Business

    Ed Warner has swapped relentless pavement-pounding for AI prompts in the hope of training smarter – and less – for Sunday’s London Marathon. I’m getting my excuses in early. What began as my AI-generated, pared-back London Marathon training programme has – due to entirely unforeseeable circumstances – become the skimpiest of prep for this weekend’s […]

    Breaking news event with reporters gathered at a conference, microphones on podium, and a presenter addressing the media.
  • Lewis Moody seeking sponsors for 500-mile ride in aid of MND

    Sport Business
    People walking past a bustling city street with skyscrapers in the background on a sunny day
  • Exclusive: Sticking points remain in NRL discussions with Super League

    Sport Business
  • Roman Abramovich heads to European Court of Human Rights

    Sport Business
  • Hollywood consortium revives bid for Cardiff after Ospreys owners’ deal fails

    Sport Business
  • Aston Villa facing Premier League scrutiny over £55m Warehouse sale

    Sport Business
  • West Ham: Daniel Kretinsky named joint-chair and set to increase stake

    Sport Business
  • Barry Hearn says ‘Saudi is a problem’ amid snooker shift

    Sport Business

Life&Style

  • Punchdrunk Theatre founder: These video games changed my life

    Life&Style
    Felix Barrett of Punchdrunk in a theatrical setting, blending immersive theater elements with innovative storytelling.
  • Can an AI make art? And would it be worth looking at?

    Life&Style
    Ai-Da, the humanoid artist robot, showcasing artwork at a gallery exhibition, highlighting AIs creative potential
  • Remember that controversial ‘woke’ Jaguar? We drove it…

    Life&Style
    Majestic jaguar prowling through dense rainforest showcasing its powerful build and distinctive spotted coat.
  • Is the romance boom a recession indicator? From Mills & Boon to BookTok

    Life&Style
  • How to experience Harry Styles’ Rome, from cool neighbourhoods to flea markets

    Life&Style
  • Inside the Wetherpoons pub with great Tower of London views

    Life&Style
  • Here is the best wine from Australia, from Chardonnay to Shiraz

    Life&Style
  • How bakers became the rock stars of London’s post-booze era

    Life&Style
  • Jeremy King: My honest thoughts on The Ivy £1bn sale

    Life&Style

The Punter

  • In Power we trust to take D’Or at Sandown

    Sport

    SANDOWN’s card this Saturday brings the curtain down on the 2025/26 National Hunt season, and while it might not have attracted such a star cast as 12 months ago, there are still plenty of quality races to pick through. The opening Graded contest on the card is the Grade Two Oaksey Chase (2.20pm) and it […]

    Getty Images logo in high-resolution, representing a leading visual media company in the news and business industry.
  • Back Nicholls’ Yoga to stretch his Sandown rivals

    Sport
    No context provided.
  • Moreira Will help Fownes to more wins at the Valley

    Sport
    Breaking news banner with bold text and a world map background representing global news coverage for April 10, 2026.

Features from our Partners

  • Protecting the truth in a shifting communications compliance environment

    Partner
    “While AI-driven compliance tools offer tremendous potential, firms must have realistic expectations,” said Shaun Hurst, Principal Regulatory Advisor at Smarsh.
  • Alibaba.com brings CoCreate Pitch to Europe:

    Partner
    Alibaba.com CoCreate Pitch event banner showcasing UK SMEs competing for £750,000 in European business challenge
  • An Experience Like No Other: Premium Hospitality Packages for Catfish and the Bottlemen at Tottenham Hotspur Stadium

    Partner
  • How effective procurement technology can improve employee retention

    Partner
  • World-Class Hospitality: Premium Hospitality Packages for Arijit Singh at Tottenham Hotspur Stadium

    Partner
  • VILT – The clock is ticking: European Accessibility Act Looms

    Partner
  • Saudi Arabia’s Real Estate Surge: NHC Takes the Lead

    Partner
  • Beyond reinsurance: Aon’s UK Insurance Vertical redefines client partnership

    Partner
  • Adobe Acrobat AI: The legal pro in your corner

    Partner
  • A New Era of Saudi-U.S. Strategic Partnership

    Partner
  • Hope Rehab Thailand: journey to recovery

    Sponsored
  • Hercules PLC: Powering Britain’s infrastructure ambitions

    Partner
  • How AI-powered compliance could fight financial crime

    Partner
  • Full-throttle Corporate Experiences at F1 DRIVE – London

    Partner

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