Here are some of the top business stories making the national headlines.
Bank warns interest rates will rise again if firms hike prices
Bank of England boss Andrew Bailey has warned firms that raising prices risks allowing high inflation to persist and hurting the “least well off”. Find out more via the BBC.
Retail sales pick up as consumer confidence rises to ‘highest level in a year’
Official figures have shown a much larger than expected pick up in retail sales last month as a closely-watched measure of consumer confidence reaches its highest level in a year. Find out more via Sky News.
Ofgem looks to crack down on firms ‘manipulating’ electricity market
The energy regulator Ofgem is preparing to crack down on UK power firms to prevent them from “manipulating” the market with a manoeuvre that has bolstered their profits by millions of pounds. Find out more via The Guardian.
Junior doctors to hold fresh strikes in pay row
Junior doctors in England are to stage a fresh round of strikes after talks with the Government failed to resolve a bitter row over pay. Find out more via the Evening Standard.
