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Business

Banks to face fines if they breach three-mile cash access rule

Major banks face being fined if they fail to provide free access to cash withdrawals within three miles of consumers and businesses under new...

by admin August 17, 2023
Banks to face fines if they breach three-mile cash access rule
Business

Why BAE bought Ball Aerospace and why it matters

For some time now there has been a growing air of confidence around BAE Systems. That was underlined when, earlier this year, the UK’s...

by admin August 17, 2023
Why BAE bought Ball Aerospace and why it matters
Business

Inflation figures: Sharp fall in the rate at which prices are rising

The rate of price rises has fallen sharply, according to official figures. The key, consumer price index (CPI) measure of inflation fell to 6.8%...

by admin August 16, 2023
Inflation figures: Sharp fall in the rate at which prices are rising
Business

The Big Short investor Michael Burry bets $1.6bn on stock market crash

A man who famously made a fortune by predicting the collapse of the US housing market in 2008 now appears to be suggesting that...

by admin August 16, 2023
The Big Short investor Michael Burry bets .6bn on stock market crash
Business

Private sector wage growth surpasses inflation despite unexpected unemployment rise

Private sector wages and total pay, including bonuses, surpassed inflation despite a surprise rise in the rate of UK unemployment. Economists thought the unemployment...

by admin August 15, 2023
Private sector wage growth surpasses inflation despite unexpected unemployment rise
Business

Grocery price inflation falls for fifth month in a row, retail data suggests

Grocery price inflation has eased for the fifth month in a row – as the cost of some staples come down. Closely watched data...

by admin August 15, 2023
Grocery price inflation falls for fifth month in a row, retail data suggests
Business

Cost of living: Price of some branded snack foods more than double

Supermarket prices for some branded snack foods have more than doubled in the last year, as the rising cost of living has squeezed household...

by admin August 15, 2023
Cost of living: Price of some branded snack foods more than double
Business

Wilko administrator sets bidders deadline for buying ailing chain 

Bidders for the ailing retailer Wilko have been given until Wednesday to table bids for the company after its collapse into insolvency last week....

by admin August 14, 2023
Wilko administrator sets bidders deadline for buying ailing chain 
Business

Pay to rise 5% this year, UK HR association says – as employers turn to counteroffers to retain staff

UK employers plan to increase pay by 5% this year and are increasingly making counteroffers to retain existing staff, according to the representative body...

by admin August 14, 2023
Pay to rise 5% this year, UK HR association says - as employers turn to counteroffers to retain staff
Business

Takeaway pint rules to continue after plan to scrap them is axed

Pubs in England and Wales will be allowed to continue serving takeaway pints after the government decided to keep COVID licensing rules. Pubs were...

by admin August 13, 2023
Takeaway pint rules to continue after plan to scrap them is axed
Business

Daily Mail proprietor Rothermere in talks with investors over Telegraph bid

The owner of the Daily Mail is in talks with prospective backers of a bid for The Daily Telegraph  – a deal that would...

by admin August 12, 2023
Daily Mail proprietor Rothermere in talks with investors over Telegraph bid
Business

Electric van group Arrival lines up A&M in survival battle

A British-based company which boasted that it would be a global pioneer in electric vehicle manufacturing is working with advisers to prepare for possible...

by admin August 12, 2023
Electric van group Arrival lines up A&M in survival battle
Business

Premier League sets goal of swift funding ‘New Deal’ with EFL

The Premier League is targeting a financial agreement with its lower league counterparts within weeks as English football seeks to head off political criticism...

by admin August 11, 2023
Premier League sets goal of swift funding ‘New Deal’ with EFL
Business

UK economy grows by 0.2%, ONS figures show

The UK economy grew slightly in the three months to June, according to official estimates. Gross domestic product (GDP) increased by 0.2% in the...

by admin August 11, 2023
Inflation figures: Sharp fall in the rate at which prices are rising
Business

Around 12,000 jobs at risk as Wilko goes into administration

Homeware firm Wilko has gone into administration – putting 12,000 jobs at risk. It comes after Sky News revealed earlier on Thursday the retail...

by admin August 10, 2023
Around 12,000 jobs at risk as Wilko goes into administration
Business

Halifax becomes latest lender to cut mortgage rates

Halifax has become the latest lender to cut mortgage rates this week after it announced reductions of up to 0.71 percentage points. HSBC, Nationwide...

by admin August 10, 2023
Halifax becomes latest lender to cut mortgage rates
Business

‘Rise in staff working from home’ as cost of living bites, Acas survey says

More than a third of bosses have reported an increase in staff working from home compared to last year. Acas, which carried out the...

by admin August 10, 2023
'Rise in staff working from home' as cost of living bites, Acas survey says
Business

Trend of more tenants in the market with fewer rental properties to continue, RICS says

Rents will continue to rise as more people enter the rental market with fewer properties to choose from, the professional body for surveyors has...

by admin August 10, 2023
Trend of more tenants in the market with fewer rental properties to continue, RICS says
Business

‘Rise in staff working from home’ as cost of living bites, Acas survey says

More than a third of bosses have reported an increase in staff working from home compared to last year. Acas, which carried out the...

by admin August 10, 2023
'Rise in staff working from home' as cost of living bites, Acas survey says
Business

Hopes fade for Wilko rescue deal as administration looms

Hopes of a rescue deal for Wilko were fading on Thursday morning as it emerged that the ailing homewares retailer was heading into insolvency...

by admin August 10, 2023
Hopes fade for Wilko rescue deal as administration looms
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