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Business

Business

Petrol retailers accused of ‘rocket and feather’ pricing as unleaded hits new record

Petrol retailers have been accused of forcing “rocket and feather” pricing after unleaded hit a new, and unexpected, record average high over the weekend....

by admin June 27, 2022
Business

HSBC executive Haire in surprise move to run the Skipton

One of HSBC’s top UK executives is quitting in a surprise move to run the Skipton Building Society, one of Britain’s biggest financial mutuals....

by admin June 26, 2022
Business

Hearn duo eye £150m windfall from sale of Matchroom Sport stake

The father-and-son duo who have built Matchroom Sport into a global sports promotion empire are plotting a deal that will cement their status among...

by admin June 25, 2022
Business

It once cost £1 to get into Glastonbury – but now fans are feeling the effects of spending squeeze

A cheap festival should not be an oxymoron but many people at Glastonbury this year are in a very different place financially to where...

by admin June 24, 2022
Business

KPMG chief takes swipe at rival EY’s $80bn break-up plan

The global chairman of KPMG has taken a swipe at the $80bn break-up being hatched by rival EY, implying that such a radical restructuring...

by admin June 24, 2022
Business

London Underground workers vote to strike again in coming months

London Underground workers have voted to strike again, as they near the end of this week’s action which has seen tube services disrupted across...

by admin June 24, 2022
Business

Cath Kidston up for sale two years after collapse cost 900 jobs

Cath Kidston, the modern vintage brand, has been put up for sale just two years after collapsing into administration with the loss of nearly...

by admin June 24, 2022
Business

Adam Boulton on lessons to be learned from strikes past, present and what they mean for the future

The British public is well-used to confrontations between workers in the public sector and the government of the day. Over the decades there have...

by admin June 23, 2022
Business

Govt forced to hand over £7.6bn last month in record interest payment on public debt

The UK government made one of its largest interest payments on public debt ever last month, after inflation pushed borrowing costs to some of...

by admin June 23, 2022
Business

Inflation hits fresh 40-year high amid cost of living crisis

The rate of inflation has risen to a fresh 40-year high of 9.1% in May, according to the latest official figures. The update, from...

by admin June 21, 2022
Business

Give public sector workers a pay rise or cut everyone’s taxes by 2%? Chancellor left with tough set of choices

Imagine, if you can, you are in the chancellor’s shoes. Your instincts are to cut taxes and reduce public spending yet pretty much every...

by admin June 21, 2022
Business

COVID legacy weakens case for rail strikes as wider pay fight looms

This week’s rail strike and the potential for further walkouts across the public sector has conjured the spirits of the Winter of Discontent, the...

by admin June 20, 2022
Business

Scramble for value ranges as grocery inflation hits highest level since 2009

Demand for supermarket value ranges has surged by 12% as grocery inflation hits its highest level in 13 years, according to closely-watched industry data....

by admin June 20, 2022
Business

Threat of ‘summer of discontent’ not unique to UK as unions flex muscles Europe wide

It would be tempting to assume, on the eve of what looks likely to be the biggest rail strike in a generation and amid...

by admin June 20, 2022
Business

Ex-Aviva and British Gas exec Hodges to spearhead Marwyn vehicle

A former top executive at Aviva and British Gas will this week be appointed to spearhead the latest takeover quest of Marwyn, one of...

by admin June 19, 2022
Business

PwC UK partners to toast six-figure windfall from $2.2bn mobility sale

Hundreds of UK-based executives at PricewaterhouseCoopers (PwC) are to receive one-off six-figure windfalls from the sale of the global accountancy giant’s mobility services arm....

by admin June 18, 2022
Business

Britons cannot expect pay rises to keep up with cost of living, Treasury warns

Britons cannot expect pay rises to keep up with the soaring cost of living, the government has warned. Treasury Chief Secretary Simon Clarke has...

by admin June 18, 2022
Business

Russia could take 10 years to recover from sanctions, says boss of country’s largest bank

Russia’s economy may take a decade to recover from the crushing sanctions placed on the country following its invasion of Ukraine in February 2022,...

by admin June 17, 2022
Business

Bank of England rate-setter sees ‘flexible’ approach on interest rates

The UK’s central bank will need to remain flexible on interest rates as inflation spikes but the country’s economy slows, according to a senior...

by admin June 17, 2022
Business

Government ‘can’t solve every problem’, says minister as fuel prices hit record high

The Government is trying to do everything it can to tackle the cost of living “storm” but cannot solve every problem or save every...

by admin June 17, 2022
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Recent Articles
  • Sources: LHP Framber Valdez, Tigers reach 3-year, 5M dealSources: LHP Framber Valdez, Tigers reach 3-year, $115M deal
  • Tarik Skubal, Tigers make arbitration cases; ruling expected Thu.Tarik Skubal, Tigers make arbitration cases; ruling expected Thu.
  • Mickey Lolich, 1968 World Series hero for the Tigers, dies at 85Mickey Lolich, 1968 World Series hero for the Tigers, dies at 85
  • TRO granted for Vols QB Aguilar in bid for extra eligibilityTRO granted for Vols QB Aguilar in bid for extra eligibility
  • Badgers' Luke Fickell asked to forgo extension amid strugglesBadgers’ Luke Fickell asked to forgo extension amid struggles
  • CNBC Daily Open: Alphabet capex plans spook investors, while AMD has a brutal day in marketsCNBC Daily Open: Alphabet capex plans spook investors, while AMD has a brutal day in markets
  • Alphabet resets the bar for AI infrastructure spendingAlphabet resets the bar for AI infrastructure spending
  • Software experiencing 'most exciting moment' as AI fears hammer the stocksSoftware experiencing ‘most exciting moment’ as AI fears hammer the stocks
  • Ciena returns to S&P 500 after getting booted 17 years agoCiena returns to S&P 500 after getting booted 17 years ago
  • Kings trade for Rangers' Artemi Panarin, add 2-year extensionKings trade for Rangers’ Artemi Panarin, add 2-year extension
World News
  • 'Real danger' of fresh nuclear arms race as US-Russia treaty expires‘Real danger’ of fresh nuclear arms race as US-Russia treaty expires
  • 'I still would like to meet Putin': Epstein's unrequited love for Russian leader‘I still would like to meet Putin’: Epstein’s unrequited love for Russian leader
  • Teenage boy swims for four hours to save family swept out to seaTeenage boy swims for four hours to save family swept out to sea
  • Air India flight from Heathrow grounded after 'possible defect' with fuel control switchAir India flight from Heathrow grounded after ‘possible defect’ with fuel control switch
  • French investigators raid Paris offices of Elon Musk's XFrench investigators raid Paris offices of Elon Musk’s X
  • FIFA boss Gianni Infantino apologises for fans joke - and insists Trump deserved peace prizeFIFA boss Gianni Infantino apologises for fans joke – and insists Trump deserved peace prize
  • Son of Norway's crown princess arrested ahead of rape trial on new allegations of assault and wielding a knifeSon of Norway’s crown princess arrested ahead of rape trial on new allegations of assault and wielding a knife
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