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Business

Pret a Manger staff get third pay rise in a year

Shop staff at Pret a Manger are to receive their third pay rise in a year. The average pay base will have increased by...

by admin March 2, 2023
Pret a Manger staff get third pay rise in a year
Business

Ted Baker-owner Authentic Brands Group among Hunter Boot suitors

The American company behind brands such as Reebok and Ted Baker is among the suitors weighing bids for Hunter Boot, the royal warrant-holding footwear...

by admin March 2, 2023
Ted Baker-owner Authentic Brands Group among Hunter Boot suitors
Business

WH Smith targeted by cyber attack with hackers accessing data on current and former employees

WH Smith has said it has been the target of a cyber attack that has seen hackers access company data. The high street retailer...

by admin March 2, 2023
WH Smith targeted by cyber attack with hackers accessing data on current and former employees
Business

Andrew Bailey says ‘nothing is decided’ suggesting interest rates may rise less than thought

Interest rates may rise less than previously thought with the governor of the Bank of England signalling there is no urgent need for hikes....

by admin March 1, 2023
Andrew Bailey says 'nothing is decided' suggesting interest rates may rise less than thought
Business

House prices fall for sixth month in row – but first-time buyers facing major problems, figures show

House prices have fallen for the sixth month in a row and dropped 1.1% in the year up to last month, according to one...

by admin March 1, 2023
House prices fall for sixth month in row -  but first-time buyers facing major problems, figures show
Business

Pub trade warns of 2,000 closures without budget aid

A further 2,000 pubs are at risk of closure, threatening 25,000 jobs, unless the chancellor comes to the sector’s aid in this month’s budget,...

by admin March 1, 2023
Pub trade warns of 2,000 closures without budget aid
Business

Energy bills may rise again without government plan to deliver 2035 clean power target, NAO warns

Household bills could rise if the government further delays its plan to rid the power network of polluting fossil fuels by 2035, the National...

by admin March 1, 2023
Energy bills may rise again without government plan to deliver 2035 clean power target, NAO warns
Business

Sainsbury’s to close two Argos depots in move that leaves 1,400 jobs at risk

Supermarket giant Sainsbury’s has said it plans to close two Argos depots in a move that will impact 1,400 jobs. It is expected to...

by admin February 28, 2023
Sainsbury's to close two Argos depots in move that leaves 1,400 jobs at risk
Business

Windsor Framework’s value to economy unlikely to be notable but may lift Brexit malaise

How much of a difference might the Windsor Framework make to the UK economy? The answer, as with so many other economic questions, rather...

by admin February 28, 2023
Windsor Framework's value to economy unlikely to be notable but may lift Brexit malaise
Business

Britcoin: Future of a digital pound ‘more likely than not’, Bank of England official says

New technologies could help to open up a “new frontier” for payments and the way in which money is used, a Bank of England...

by admin February 28, 2023
Britcoin: Future of a digital pound 'more likely than not', Bank of England official says
Business

Cost of living: Grocery inflation hits new record high of 17.1%, data shows

UK grocery inflation continued to climb during February to reach a new record high of 17.1%, according to closely-watched industry data. Kantar Worldpanel reported...

by admin February 28, 2023
Cost of living: Grocery inflation hits new record high of 17.1%, data shows
Business

Stronger public finances weaken government’s stance on pay, IFS says ahead of budget

The government is set for a fiscal windfall of tens of billions of pounds thanks to stronger growth and lower energy prices, making the...

by admin February 28, 2023
Stronger public finances weaken government's stance on pay, IFS says ahead of budget
Business

Ofgem energy price cap falls – but average household bills still expected to rise

The energy regulator has reduced the cap on the amount they can charge customers but bills are still expected to increase. Ofgem has today...

by admin February 27, 2023
Ofgem energy price cap falls - but average household bills still expected to rise
Business

Octopus seeks £100m funding boost for electric vehicles arm

The electric vehicles arm of Octopus Energy’s parent company is seeking a £100m funding boost to accelerate its growth amid soaring production of greener...

by admin February 26, 2023
Octopus seeks £100m funding boost for electric vehicles arm
Business

Citymapper in talks about takeover by New York-based transport tech giant Via

Citymapper, the urban transport app which ranks among Britain’s most prominent consumer technology companies, is in talks to be bought by a multibillion dollar...

by admin February 25, 2023
Citymapper in talks about takeover by New York-based transport tech giant Via
Business

Russia’s economy has weathered the West’s sanctions – but how?

In the aftermath of Russia’s invasion of Ukraine, Western leaders heralded a sanctions regime that would cripple the country’s war machine. Joe Biden claimed...

by admin February 24, 2023
Russia's economy has weathered the West's sanctions - but how?
Business

Retailers urge PM to overhaul £2bn waste recycling scheme

The UK’s biggest retailers will next week warn Rishi Sunak that the government’s waste strategy risks forcing prices up for consumers even as continued...

by admin February 23, 2023
Retailers urge PM to overhaul £2bn waste recycling scheme
Business

Salad shortage: The supermarkets with no sales restrictions in place

A number of supermarket chains have indicated they have no plans to introduce restrictions on sales of many salad items as shortages hit shelves...

by admin February 23, 2023
Salad shortage: The supermarkets with no sales restrictions in place
Business

Eat turnips instead of tomatoes, suggests minister, as she admits food shortages could last a month

People should consider eating seasonal products like turnips, the environment secretary has suggested, as she conceded fruit and vegetable shortages will likely continue for...

by admin February 23, 2023
Eat turnips instead of tomatoes, suggests minister, as she admits food shortages could last a month
Business

Ministers spark energy regulator board overhaul amid prepayment meter scandal

The government is preparing to replace a slate of Ofgem’s directors this year as the energy regulator faces intense criticism over its handling of...

by admin February 23, 2023
Ministers spark energy regulator board overhaul amid prepayment meter scandal
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