Wales
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Cineworld files for bankruptcy protection in the US
London-listed company looks to restructure debt across US and UK businesses
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MORNING NEWS: Economic outlook darkens as Truss takes helm
Business confidence continues to slide and more rate hikes seem unavoidable
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Business confidence continues to slip
Latest snapshot will add to fears that a recession is imminent
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BoE rate-setter warns more hikes may be needed
Catherine Mann says bank must act “more forcefully now”
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Banking hubs to open as branch closures continue
Initiative to help communities in which people have lost ways to withdraw and deposit cash
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L&G ups Cardiff spending to £1bn
Former brewery to become £200m BTR scheme
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MORNING NEWS: Office landlords cut back on rent-free incentives
Plus sterling’s slump, Goldman heads back to the office and more in your morning round-up
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Sterling posts worst month since Brexit vote
Currency dropped by 4.5% against dollar in August
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MORNING NEWS: Rees-Mogg to put £1.5bn of civil service offices up for sale
Plus, Goldman predicts recession, students left without digs and more in your round-up
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Goldman Sachs predicts UK recession to hit in fourth quarter
Investment bank’s analysts expect downturn to last throughout 2023
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Troubled Cineworld faces winding-up petition from landlord
Landlord of Piccadilly Picturehouse won case over £2.9m rent arrears last year
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Corner-shop owners call for help on energy costs
Trade body says energy costs for the sector will hit £2.5bn this year