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Poundland warns customers are already cutting back on essentials

The owner of discount retailer Poundland has warned that its UK shoppers appear to be suffering most as the cost of living crisis gathers...

by admin June 9, 2022
Business

Even if you don’t drive, you’ll pay for the rise in petrol prices

The £100 tank of unleaded petrol is another milestone on the relentless upward path of fuel prices. Watching the price click in to three...

by admin June 9, 2022
Business

Workers from second transport union to strike on first day of biggest walkout since 1989

Commuters are set to face more transport misery in London on 21 June when a planned strike takes place on the Tube and the...

by admin June 8, 2022
Business

Sunak urged to cut taxes or raise spending as UK poised for weakest growth in developed world

Rishi Sunak has been urged by one of the world’s leading economic authorities to cut taxes or raise spending in the face of looming...

by admin June 8, 2022
Business

We are not investing enough in renewables, fossil fuel giant admits

Fossil fuel giant Equinor has told Sky News it is not investing as much money as it ought to in renewable forms of energy....

by admin June 7, 2022
Business

Car retailer Cazoo to cut 750 jobs over recession fears

Cazoo, one of Europe’s largest online car retailers, has said it plans to cut nearly 750 jobs in a bid to save £200m as...

by admin June 7, 2022
Business

Platinum Jubilee ‘boost’ for shops and hospitality despite cost of living squeeze

Retailers, along with pubs and restaurants, have enjoyed a “welcome boost” from the four-day weekend celebrating the Queen’s Platinum Jubilee, according to two measures...

by admin June 6, 2022
Business

Petrol prices hit “frightening” new record high

Average petrol prices have reached a “frightening” new record high of 177.8p a litre, figures show, a further increase on the last record price...

by admin June 6, 2022
Business

Inflexion blows final whistle with sale of Goals Soccer Centres

Goals Soccer Centres, one of Britain’s biggest operators of 5-a-side football pitches, is to be sold to its management team, capping a three-year stint...

by admin June 5, 2022
Business

People urged to avoid the Tube on Monday with workers set to strike

People are being warned to avoid the London Underground on Monday, with workers set to strike straight after the Jubilee weekend. Thousands of members...

by admin June 4, 2022
Business

Housebuilding giant Barratt kicks off search for next chairman

The City veteran John Allan is preparing to step down as chairman of Barratt Developments, Britain’s second-biggest housebuilder by market value. Sky News has...

by admin June 4, 2022
Business

Hundreds complain about phantom braking in Tesla cars – as Musk says he has ‘bad feeling’ about economy

Hundreds of Tesla owners have complained to the US regulator that the cars operating on the partially automated driving systems have suddenly stopped for...

by admin June 3, 2022
Business

British man arrested in Dubai over £1.3bn tax fraud case and faces extradition to Denmark

A British man wanted in Denmark over a £1.3bn tax case has been arrested in Dubai and now faces extradition. The arrest of hedge...

by admin June 3, 2022
Business

Abu Dhabi state oil giant weighs £5bn bid for Motor Fuel Group

One of the world’s biggest oil producers is contemplating a multibillion pound takeover bid for Motor Fuel Group (MFG), Britain’s biggest independent petrol station...

by admin June 3, 2022
Business

Sheryl Sandberg quits as senior executive at Meta after 14 years

Sheryl Sandberg is stepping down from her post as a senior executive at Meta. She has served as chief operating officer at Facebook’s parent...

by admin June 1, 2022
Business

Whitbread faces pay revolt despite bosses’ decision to forfeit bonuses

The owner of the Premier Inn hotels chain faces a pay row for a second successive year after voting advisors opposed its decision to...

by admin June 1, 2022
Business

Shell’s North Sea Jackdaw gas field gets final regulatory approval

Shell’s North Sea Jackdaw gas field has received final regulatory approval. It comes as the government tries to boost domestic energy output in an...

by admin June 1, 2022
Business

Mike Ashley’s shopping empire buys Missguided in last-minute deal

Frasers Group, the shopping empire founded by Mike Ashley that owns House of Fraser and Sports Direct, has swooped in to save Missguided from...

by admin June 1, 2022
Business

Shop prices growing at fastest rate in more than a decade

Shop prices grew at the fastest rate in more than a decade during May, spurred on by rapidly-accelerating food inflation. The figures come from...

by admin May 31, 2022
Business

Petrol price hits new record after EU ban on Russian oil

Average petrol prices have reached a new record high of 173.02p a litre, figures show, after an EU ban on Russian oil imports. Fuel...

by admin May 31, 2022
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World News
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