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Business

Soaring US dollar pushes pound to biggest monthly fall since 2016

The soaring US dollar has pushed the pound to its biggest monthly fall since October 2016. The pound shed 4.6% in August, having lost...

by admin September 1, 2022
Business

Households set to lose thousands of pounds in disposable income

British households are on course for the deepest living standards squeeze in a century, with real household disposable incomes expected to fall by 10%...

by admin August 31, 2022
Business

BrewDog to close six pubs as boss expresses anger at ‘clueless government’

BrewDog has announced it will close six of its pubs, blaming spiralling costs and a “clueless government”. The craft beer firm will shut the...

by admin August 31, 2022
Business

Co-op sells petrol station business to supermarket giant

The Co-op has sold its petrol station business to supermarket giant Asda for £600m, it announced on Wednesday, saying the deal would free up...

by admin August 31, 2022
Business

TfL secures £1.2bn funding but mayor warns fares still likely to go up

Transport for London has secured around £1.2bn in funding from the government, but the city’s mayor has warned the agreement is “far from ideal”....

by admin August 30, 2022
Business

‘It’s only going to get worse’: Energy prices forcing pubs and brewers to the brink

Energy price increases of more than 300% are in danger of forcing pubs and brewers across the UK out of business in the coming...

by admin August 29, 2022
Business

Asda eyes deeper convenience push with £450m Co-op fuel retail swoop

Asda is preparing to accelerate a long-awaited move into Britain’s convenience store market with a £450m swoop on the Co-op Group’s petrol forecourt business....

by admin August 29, 2022
Business

‘Heartbreaking’ choices that Britons will have to make this winter revealed in new poll

Millions of people in the UK will not turn their heating on this winter because of rising energy bills, a survey suggests. The poll,...

by admin August 28, 2022
Business

Joules’ rescue talks with Next stumble after latest profit alert

The struggling fashion chain Joules’ hopes of securing a lifeline from the high street behemoth Next have hit a stumbling block days after it...

by admin August 28, 2022
Business

Putin enjoying UK’s energy bills crisis and ‘wants us to buckle’, says PM

Boris Johnson has admitted that energy bills will be “eye-watering” this winter – and the cost of heating is already “frightening” for some. Writing...

by admin August 27, 2022
Business

Fund manager Jupiter in talks to sell 10% stake in £2.5bn Starling Bank

Jupiter Fund Management is in talks to sell its entire stake in Starling Bank months after the digital lender’s valuation passed £2.5bn. Sky News...

by admin August 27, 2022
Business

‘Sky-high’: Surge in cost of dropping off passengers at airports will leave drivers ‘stunned’

Drop-off fees have increased at two-thirds of the UK’s major airports since 2019, according to research. An RAC investigation found 16 of the 22...

by admin August 27, 2022
Business

Spiralling energy bill burden will send UK into catastrophic territory

We have never seen anything like this.  The UK has been through all sorts of ups and downs (sadly more of the latter than...

by admin August 26, 2022
Business

Even those who’ve done the right thing won’t escape impact of massive rise in energy bills

With the flick of a switch, fuel poverty has become a mainstream economic condition. Defined as spending 10% or more of disposable income on...

by admin August 26, 2022
Business

Kwarteng to review Czech billionaire’s plan to increase stake in Royal Mail

The business secretary has warned Royal Mail that a Czech billionaire’s bid to raise his stake in the company faces a national security investigation....

by admin August 25, 2022
Business

New PM told to ‘think the unthinkable’ on energy bills – as British Gas announces plan to help

The government must increase its energy bills discount by at least 150% or risk pushing millions of households into financial distress. That is the...

by admin August 24, 2022
Business

Four-day working week trial at Atom bank has been ‘overwhelmingly positive’

App-based lender Atom bank says its four-day working week trial has been a resounding success. The bank, which is based in the northeast of...

by admin August 24, 2022
Business

TUC calls for raise of minimum wage to £15 an hour ‘to put an end to low-pay Britain’

The minimum wage should be raised to £15 an hour, the Trades Union Congress says, as it declares it is “time to put an...

by admin August 23, 2022
Business

UK economy edges closer to stagnation with factory slump

UK private sector growth has moved closer to stagnation as it slowed to a new 18-month low, dragged down by a slump in factory...

by admin August 23, 2022
Business

Elon Musk subpoenas former Twitter chief executive

Elon Musk has subpoenaed his friend and former Twitter chief executive Jack Dorsey as he tries to back out of his $44bn (£37bn) deal...

by admin August 22, 2022
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Recent Articles
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World News
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  • Ukrainian troops 'start surrendering' in key city but Kyiv says situation 'dynamic'Ukrainian troops ‘start surrendering’ in key city but Kyiv says situation ‘dynamic’
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