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Business

Tesco boss makes food inflation prediction as big retailers report Christmas progress

Tesco’s boss says he “thinks and hopes” food inflation, which stood at a record high in December, will start to ease in the second...

by admin January 12, 2023
Tesco boss makes food inflation prediction as big retailers report Christmas progress
Business

Three million people ran out of credit on their prepayment energy meter last year, Citizens Advice says

Three million people across Britain ran out of credit on their prepayment energy meter last year, the equivalent of one every 10 seconds, Citizens...

by admin January 12, 2023
Three million people ran out of credit on their prepayment energy meter last year, Citizens Advice says
Business

Evidence suggests government seeking conflict over rail strike – but a window has still opened for a deal

The Transport Select Committee heard from two sides in the national rail dispute, but the most important voice – the third rail – was...

by admin January 11, 2023
Evidence suggests government seeking conflict over rail strike - but a window has still opened for a deal
Business

Profit warnings at recruitment firms show unemployment is likely to rise

With recessions expected in many parts of the world during 2023, it is highly likely that unemployment will rise in a number of economies...

by admin January 11, 2023
Profit warnings at recruitment firms show unemployment is likely to rise
Business

Around 100,000 civil servants to go on strike on 1 February

Around 100,000 civil servants will strike on 1 February in a worsening dispute over jobs, pay and conditions, the Public and Commercial Services union...

by admin January 11, 2023
Around 100,000 civil servants to go on strike on 1 February
Business

Royal Mail unable to despatch items abroad after ‘cyber incident’

Royal Mail has said it is facing severe disruption to its international export services after a “cyber incident”. “We are temporarily unable to despatch...

by admin January 11, 2023
Royal Mail unable to despatch items abroad after 'cyber incident'
Business

Rail strikes: Pay deals to avoid further industrial action a ‘long way off’, unions say

Rail union leaders have told MPs there is much left to agree if further national strikes are to be averted, with one accusing the...

by admin January 11, 2023
Rail strikes: Pay deals to avoid further industrial action a 'long way off', unions say
Business

Goldman Sachs to cull 3,200 jobs as part of cost cutting exercise with UK workers to be hit

Up to 3,200 jobs are to go at Goldman Sachs as part of the biggest restructuring efforts at the company since the global financial...

by admin January 11, 2023
Goldman Sachs to cull 3,200 jobs as part of cost cutting exercise with UK workers to be hit
Business

Virgin Orbit shares set to crash after failure of first UK space launch

Shares in Virgin Orbit, the company behind the failed first UK space launch, are on course to fall by more than a fifth at...

by admin January 10, 2023
Virgin Orbit shares set to crash after failure of first UK space launch
Business

Amazon UK warehouse shake-up places 1,200 jobs at risk

Amazon has revealed plans to shut three UK warehouses, a decision that will affect 1,200 jobs, but open two new major fulfilment centres. Sites...

by admin January 10, 2023
Amazon UK warehouse shake-up places 1,200 jobs at risk
Business

Consumer spending figures add to evidence the UK is in recession

Consumer spending failed to keep pace with inflation in December, figures suggest, likely bolstering the view among economists that the UK is in recession....

by admin January 10, 2023
Consumer spending figures add to evidence the UK is in recession
Business

More than 1.4 million households face higher fixed rate mortgage bills this year

More than 1.4 million fixed rate mortgage customers are facing the prospect of significant hikes to their monthly payments when their deals end this...

by admin January 9, 2023
More than 1.4 million households face higher fixed rate mortgage bills this year
Business

New energy support measures for businesses announced as old scheme to expire

Businesses are set to secure £5.5bn more in government support to help them with their energy bills from the start of April, when the...

by admin January 9, 2023
New energy support measures for businesses announced as old scheme to expire
Business

Energy bill support for businesses to be cut back from April through discount

All businesses are set to secure further taxpayer support for their energy bills when the current scheme ends in March but at a reduced...

by admin January 9, 2023
Energy bill support for businesses to be cut back from April through discount
Business

Lidl claims cost of living boost as Christmas sales rise by a quarter

Lidl says a rise of almost 25% in UK sales during the key festive season reflected a surge in new shoppers switching from rivals...

by admin January 9, 2023
Lidl claims cost of living boost as Christmas sales rise by a quarter
Business

‘Bubbling of excitement’ as Cornwall prepares for UK’s first orbital rocket launch

There’s a “bubbling of excitement” in the team preparing for the UK’s first orbital rocket launch but they are “laser sharp” as final checks...

by admin January 9, 2023
'Bubbling of excitement' as Cornwall prepares for UK's first orbital rocket launch
Business

Westminster Accounts: The biggest donors to MPs since the last election

Trade unions, Qatar and a little-known Hertfordshire business are among the biggest donors to individual MPs since the last general election. As part of...

by admin January 9, 2023
Westminster Accounts: The biggest donors to MPs since the last election
Business

Westminster Accounts: Middlemen, brokers, and clients – who really pays MPs for their other jobs?

Thirty-eight MPs have taken on second jobs where the ultimate party paying them is unclear, according to Sky News’ analysis of the MPs’ Register...

by admin January 9, 2023
Westminster Accounts: Middlemen, brokers, and clients – who really pays MPs for their other jobs?
Business

‘Pubs superwoman’ Jones in talks to join Whitbread board

A leisure entrepreneur whose dealmaking prowess earned her the nickname ‘the pub superwoman’ is in talks to join the board of Whitbread, the FTSE-100...

by admin January 8, 2023
'Pubs superwoman' Jones in talks to join Whitbread board
Business

Train strikes: Why the numbers don’t add up to a rail deal

Rail minister Huw Merriman will meet union leaders including Mick Lynch of the RMT on Monday after three weeks of unseasonal disruption left the...

by admin January 6, 2023
Train strikes: Why the numbers don't add up to a rail deal
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