Business News
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December’s high public borrowing is driven by energy support and debt expenses.
Ministers are likely to use the most recent data to buttress their position that public sector pay demands are unaffordable. ...
Former Virgin Money CEO Jayne-Anne Gadhia becomes Moneyfarm chair.
Dame Jayne-Anne Gadhia, who now chairs HMRC, would be unveiled as Moneyfarm’s new chair on Monday, fueling suspicion that the ...
Grant Shapps assault on energy suppliers driving financially constrained customers to shift to prepayment metres.
Energy providers have been instructed to avoid installing prepayment meters as a solution for families struggling to pay their bills ...
Tesco’s John Allan thinks food companies overcharge.
The chairman of Tesco has stated that certain food companies may exploit inflation as an excuse to increase prices beyond ...
Crackdown on energy suppliers over prepayment meters spike
The government has stated that energy providers should stop requiring vulnerable households to install prepayment meters. Grant Shapps, the secretary ...
Better pensions in your 20s, 40s, and 60s: It’s never too late to plan your dream retirement.
Millions of diligent savers are losing hope for a decent retirement as the cost of maintaining even a moderate lifestyle ...
Hunt to approve £300m funding to save British Steel.
Chancellor Jeremy Hunt is on the verge of approving a £300 million rescue package for Britain’s second-largest steel manufacturer. A ...
Christmas reductions result in a shocking decline in retail sales.
As consumers cut back on spending, retail sales reached historic lows in December and for the whole year. In December, ...
Gold nears $2k and GBP rises: In 2023, will a “mystery buyer” drive the price?
The gold price in sterling set a record high of £1,570.41 per ounce at the end of the trading day ...
Elon Musk’s Twitter “lies” about Tesla cost investors millions, judge said.
A lawyer for the billionaire told San Francisco jurors that Musk just used the “wrong words” when he tweeted that ...
Premier Foods closes Knighton facility, affecting 300 employees.
According to the manufacturer of Oxo stock cubes and Mr Kipling pastries, the site has grown unproductive and is no ...
Microsoft’s latest layoffs will affect thousands.
Microsoft is finalizing plans to decrease its personnel as a result of the worldwide economic slump. Microsoft is poised to ...