Business News
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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 ...
UK inflation falls, but food prices remain elevated.
Price increases in the United Kingdom fell for the second consecutive month, although the price of food like milk, cheese, ...
Official numbers show that cheaper fuel and clothes lower inflation to 10.5% from 10.7% the month before.
The aggregate number has decreased due in part to cheaper transportation expenses resulting from decreasing motor fuel prices. According to ...
Strikes in November 2022 cost almost 450,000 working days, the most in a decade.
Since 1990, there have not been as many strike days each year, with workers in the rail industry, the National ...