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Business

Business

Workers suffer record pay slump in face of rocketing inflation

Workers have suffered a record real-term pay slump in the face of soaring prices, official data reveals. Regular wages, excluding bonuses, plunged an average...

by admin August 16, 2022
Business

Reebok-owner ABG seals cut-price £200m Ted Baker takeover

The American consumer goods group which owns Reebok and an interest in David Beckham’s branded products portfolio is close to unveiling a cut-price £200m...

by admin August 15, 2022
Business

Heathrow extends flight restrictions until end of October

Heathrow Airport has extended its flight restrictions until the end of October, hitting families’ plans for half-term getaways. Previously the daily cap on passengers...

by admin August 15, 2022
Business

‘People will not pay a penny more’: Starmer reveals Labour’s ’emergency’ plan to tackle cost of living crisis

Sir Keir Starmer has pledged that people will not “pay a penny more” on their winter energy bills as he prepares to unveil Labour’s...

by admin August 14, 2022
Business

Top Saudi oil firm sees 90% surge in net profits for second quarter of 2022

Saudi oil giant Aramco has revealed profits of $48.4bn (£40bn) for the second quarter of 2022 – a 90% year-on-year increase. The sum has...

by admin August 14, 2022
Business

Bourne Leisure founders check back into Butlin’s in £300m deal

The family which jointly founded one of Britain’s biggest leisure empires is finalising a £300m-plus deal to retake control of Butlin’s, the holiday camps...

by admin August 13, 2022
Business

Should I keep saving for my pension or use the money to pay for rising costs?

Personal finance expert Gemma Godfrey has been answering your questions on the cost of living and money saving dilemmas: Could your pension contribution be...

by admin August 12, 2022
Business

US car dealer Lithia Motors unmasked as mystery bidder for Pendragon

A US car dealership giant with a market value of over $7bn was the mystery bidder which made an offer last month for Pendragon,...

by admin August 12, 2022
Business

Record number of jobs being advertised – with actors and dancers in high demand

A record number of jobs are being advertised, with big increases for actors, entertainers, driving instructors and dancers, according to recruiters. Vacancies for water...

by admin August 11, 2022
Business

Economy shrinks – with Jubilee partly to blame

The UK’s economy contracted by 0.1% in the second quarter, according to latest estimates. In June, GDP fell by 0.6%, services fell by 0.5%,...

by admin August 11, 2022
Business

One in 20 big businesses have offered workers a cost-of-living bonus

Around 5% of businesses with 250 or more employees have offered a one-off cost-of-living payment to their workers in the last three months. The...

by admin August 11, 2022
Business

Treasury recruits Court quartet in Bank of England shake-up

The Treasury is to name a quartet of new directors to the Bank of England’s governing body as debate rages about the central bank’s...

by admin August 10, 2022
Business

Energy bosses to hold crisis talks with ministers over soaring bills

Crisis talks will take place between energy sector bosses and the government tomorrow after the price cap was forecast to hit more than £4,200...

by admin August 10, 2022
Business

Dates announced for Royal Mail strikes as workers call for ‘dignified, proper pay rise’

Royal Mail workers are set to stage four days of strikes in the coming weeks in a dispute over pay. The Communication Workers Union...

by admin August 9, 2022
Business

Felixstowe port strike to go ahead after talks break down

An eight-day strike at the UK’s biggest container port will go ahead after talks between bosses and unions broke down. More than 1,900 members...

by admin August 9, 2022
Business

Campaigners call for 25p cut in fuel duty to ease cost of living crisis

Campaigners have demanded a 25p cut in fuel prices to help reduce the cost of living. FairFuelUK said fuel duty should be cut by...

by admin August 8, 2022
Business

Fuel prices slowly falling in the UK as recession fears outweigh ‘war premium’

Petrol and diesel prices are slowly but steadily falling in the UK, latest figures show. The average price for a litre of unleaded on...

by admin August 8, 2022
Business

Arcadia trustees close in on £1bn Topshop pension deal

Arcadia Group’s pension schemes are closing in on a deal to offload retirement funding promises made by the retail empire, owned by Sir Philip...

by admin August 7, 2022
Business

Water companies across the UK ‘strongly urged’ to enforce hosepipe bans as another heatwave looms

Water companies across the UK are being “strongly urged” to enforce a hosepipe ban. Environment Secretary George Eustice says some local providers “have rightly...

by admin August 7, 2022
Business

Next swoops for big stake in struggling lifestyle retailer Joules

The high street giant Next is in talks to take a big stake in Joules, the struggling fashion and lifestyle products chain. Sky News...

by admin August 6, 2022
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Recent Articles
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World News
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  • Pope Leo urges Donald Trump not to try to oust Venezuelan president by forcePope Leo urges Donald Trump not to try to oust Venezuelan president by force
  • Maduro says Venezuela ready to defend itself as US considers potential land attackMaduro says Venezuela ready to defend itself as US considers potential land attack
  • Former Pakistan PM Imran Khan healthy but isolated in jail, his sister saysFormer Pakistan PM Imran Khan healthy but isolated in jail, his sister says
  • More than 800,000 young children seeing social media content 'designed to hook adults', figures showMore than 800,000 young children seeing social media content ‘designed to hook adults’, figures show
  • More than 1,100 confirmed dead and 800 missing in catastrophic Asia floodsMore than 1,100 confirmed dead and 800 missing in catastrophic Asia floods
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