UK inflation: Shop prices yet to hit their peak – despite record highs seen in January
Shop prices have yet to reach their peak - despite record highs seen in January, it has been warned.Prices are...
business
British Steel draws up plan for 800 job losses amid government funding talks
Britain's second-biggest steel producer has been drawing up secret plans to axe hundreds of jobs even as it continues talks...
House prices continue fall but saving for a deposit remains difficult
House prices have declined for the fifth month in a row, falling 0.6% in January, according to one of the...
Paperchase enters administration with all jobs likely to be lost as Tesco buys brand and intellectual property
High street stationery brand Paperchase has officially entered administration with no buyers interested in acquiring the company's brick and mortar...
Tesco management shake-up and hot counter closures leaves 2,100 roles at risk
Tesco has announced a plan to shake-up management and close hot counters and delis which will impact approximately 2,100 jobs....
Treasury reveals ‘world-first’ proposals to regulate cryptocurrency
The Treasury has revealed proposals to regulate cryptocurrency, following widespread calls for action after the spectacular collapse of one of...
Business failures hit highest level since 2009 after end of pandemic support
Corporate insolvencies have reached their highest level since the aftermath of the great financial crisis, official figures show.There were 22,109...
UK economy to fare worse than any other country in developed world this year, IMF forecasts
Britain's economic reputation has been dealt a further blow after the International Monetary Fund (IMF) forecast that this year the...
Cost of living: Grocery inflation hits new record level, adding ‘£788 to annual bill’
Grocery inflation has hit a new record level since Christmas, according to closely watched industry data which has abruptly ended...
Predictions for the UK economy, digital investing and Veganuary ends
Ian King looks into a gloomy outlook for the UK, as the International Monetary Fund (IMF) says its economy will...
Why does the UK fare so poorly in the latest IMF forecast?
Let's start with the provisos. There are a few reasons why the UK comes out of these latest International Monetary...
Tesco eyes surprise bid to wrap up deal for Paperchase brand
Tesco is poised to snap up the Paperchase brand in a surprise swoop that will cast a shadow over hundreds...
Tesco says management shake-up and hot counter closures to leave 2,100 roles at risk
Tesco has announced a plan to shake-up management and close hot counters and delis which will impact approximately 2,100 jobs....
Minister dismisses International Monetary Fund’s warning of sharp contraction for UK economy as ‘wrong’
The UK will outperform the International Monetary Fund's (IMF) economic forecasts as the body has been "wrong" before, a minister...
Matchesfashion owner pumps in £60m to keep online retailer in shape
The private equity backer of Matchesfashion, the online upmarket fashion retailer, is pumping tens of millions of pounds of new...
Ryanair reports record profits and more expensive fares
Ryanair reported record after-tax profits of €211m (£185m) in the Christmas season from October to December.The budget airline continued to...
Jeremy Hunt dismisses economic ‘gloom’ as he dashes Tory hopes of tax cuts
Chancellor Jeremy Hunt has dismissed economic "gloom" in a major speech today as he promised to use "Brexit freedoms" to...
Shop occupancy rates improve despite cost of living crisis
The number of shops lying vacant on British high streets fell during the final three months of 2022, despite pressure...
Shapps demands decade-long steel jobs guarantee as part of £600m aid plan
Britain’s two biggest steelmakers would be required to guarantee thousands of jobs for a decade in return for £600m of...
Asda faces prospect of strikes over plans that risk thousands of job losses
Asda is facing the prospect of strike action unless it makes significant concessions on its self-styled "efficiency" plans that have...