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Inflation eases slightly to 10.5% from 10.7% the previous month due to cheaper fuel and clothes, official figures show

The rate of inflation eased to 10.5%, according to official figures – down from 10.7% in November. The Office for National Statistics (ONS) said...

by admin January 18, 2023
Inflation eases slightly to 10.5% from 10.7% the previous month due to cheaper fuel and clothes, official figures show
Business

Inflation: The worst is not yet over for consumers – falling inflation is not the same as falling prices

That inflation of 10.5% should be essentially good news speaks volumes for the economic turmoil of the last year. A second consecutive monthly fall...

by admin January 18, 2023
Inflation: The worst is not yet over for consumers - falling inflation is not the same as falling prices
Business

Royal warrant-holder Hunter Boot steps into new funding talks

Hunter Boot, the royal warrant-holding footwear brand, is on the march towards a fresh injection of funding nearly three years after it was rescued...

by admin January 18, 2023
Royal warrant-holder Hunter Boot steps into new funding talks
Business

Windfall tax blamed as North Sea’s biggest oil and gas producer plans job cuts

Major North Sea oil and gas operator Harbour Energy has revealed plans for job cuts, blaming the impact of the government’s windfall tax on...

by admin January 18, 2023
Windfall tax blamed as North Sea's biggest oil and gas producer plans job cuts
Business

Advanced battery plant in Oxfordshire to be opened later this year, creating up to 300 new jobs

Britain’s battery sector has been delivered some unexpected good news, after an Australian billionaire told Sky News he will be opening an advanced battery...

by admin January 18, 2023
Advanced battery plant in Oxfordshire to be opened later this year, creating up to 300 new jobs
Business

Inflation eases slightly to 10.5% from 10.7% the previous month due to cheaper fuel and clothes, official figures show

The rate of inflation eased to 10.5%, according to official figures – down from 10.7% in November. The Office for National Statistics (ONS) said...

by admin January 18, 2023
Inflation eases slightly to 10.5% from 10.7% the previous month due to cheaper fuel and clothes, official figures show
Business

Microsoft to axe thousands of jobs in latest cull by tech giant

Microsoft is preparing to axe thousands of jobs in the latest move by one of the world’s biggest technology companies to reduce its workforce...

by admin January 17, 2023
Microsoft to axe thousands of jobs in latest cull by tech giant
Business

Billionaire Sir Jim Ratcliffe confirms interest in buying Manchester United

Billionaire Sir Jim Ratcliffe has confirmed his interest in buying Manchester United. The 70-year-old’s chemical firm Ineos announced it had formally lodged interest with...

by admin January 17, 2023
Billionaire Sir Jim Ratcliffe confirms interest in buying Manchester United
Business

Elon Musk and Tesla going on trial over claims his tweets cost investors billions of dollars

Elon Musk and Tesla are set to go on trial over allegations that shareholders were defrauded out of billions of dollars by his tweets....

by admin January 17, 2023
Elon Musk and Tesla going on trial over claims his tweets cost investors billions of dollars
Business

Majority of Britishvolt’s 300 staff made redundant after company enters administration

Hundreds have lost their jobs after British electric car battery company Britishvolt fell into administration. The majority of Britishvolt’s approximate 300 staff have been...

by admin January 17, 2023
Majority of Britishvolt's 300 staff made redundant after company enters administration
Business

Britishvolt collapse should spark debate on whether it was actually needed

The collapse into administration of Britishvolt will rekindle concerns for the long-term future of the British car-making industry. The sector is under extreme pressure...

by admin January 17, 2023
Britishvolt collapse should spark debate on whether it was actually needed
Business

Wage growth at fastest rate in 20 years, but failing to keep up with inflation

Wages grew at their fastest rate in 20 years in the past year, official data from the Office for National Statistics said. Wages rose...

by admin January 17, 2023
Wage growth at fastest rate in 20 years, but failing to keep up with inflation
Business

More than 450,000 working days lost due to strike action in November 2022, highest for a decade

There were 467,000 working days lost to strike action in November 2022, official figures show, bringing the number of strike days in 2022 to...

by admin January 17, 2023
More than 450,000 working days lost due to strike action in November 2022, highest for a decade
Business

‘Hangover effect’ remains after mini-budget chaos but mortgage shock is over, BoE governor says

The governor of the Bank of England has told MPs there is still “something of a hangover effect” in the wake of the mini-budget...

by admin January 16, 2023
'Hangover effect' remains after mini-budget chaos but mortgage shock is over, BoE governor says
Business

Why an absence of A-listers at Davos is not just deep trouble for the World Economic Forum, but for globalisation too

Davos, the World Economic Forum (WEF) and its founder, Klaus Schwab, have become more famous than ever before in the past couple of years...

by admin January 16, 2023
Why an absence of A-listers at Davos is not just deep trouble for the World Economic Forum, but for globalisation too
Business

Marks & Spencer’s new shops plan to create 3,400 jobs as part of £480m investment

Marks & Spencer is to open 20 new shops and create thousands of new jobs, thanks to an investment in its stores worth £480m....

by admin January 16, 2023
Marks & Spencer's new shops plan to create 3,400 jobs as part of £480m investment
Business

House prices rise higher than expected in January alongside ‘pent-up’ buyer demand

The average price of a home jumped by £3,301 this month, at the same time as Rightmove saw double the amount of inquiries from...

by admin January 16, 2023
House prices rise higher than expected in January alongside 'pent-up' buyer demand
Business

What is Davos and what happens at the World Economic Forum meeting?

The World Economic Forum’s annual meeting – more commonly known as Davos – takes place in January, with business and world leaders gathering this...

by admin January 16, 2023
What is Davos and what happens at the World Economic Forum meeting?
Business

Catering equipment supplier’s founder cooks up plan for £500m windfall

The founder of a catering equipment empire is plotting a £500m-plus sale that would catapult his family into the ranks of Britain’s super-rich. Sky...

by admin January 16, 2023
Catering equipment supplier's founder cooks up plan for £500m windfall
Business

Stricken finance group MJ Hudson to disclose bid approaches

A stricken financial services group which has had its shares suspended amid apparent accounting irregularities will this week disclose that it has received takeover...

by admin January 15, 2023
Stricken finance group MJ Hudson to disclose bid approaches
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