Business News

Inflation's risen to a 14-month high.  The Consumer Prices Index rose 0.2%, to 2.9% in June, according to the Office for National Statistics.

It was driven by higher petrol prices and shallower discounting by clothing retailers.

If the figure had gone above 3%, the new Bank of England governor Mark Carney would have been forced to write a letter to the Chancellor.


Energy firms can leave householders on hold for half an hour.

Which? has carried out research - it found the customer service department at N-power had the longest wait – on one occasion it was 29 minutes.

The lesser-known Ebico kept people hanging on for around 21 seconds.

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