Kellogg’s to battle government’s sugar restrictions in court April 27, 2022 Cerealmaker Kellogg’s is taking the government to court over new legislation that will prohibit some high sugar products being prominently displayed in stores. The food titan argued the government’s formula should factor in the nutritional value of milk, which it says is eaten with cereal in the vast majority of cases. From October, retailers will [...]
General election result calms consumer confidence ‘jitters’ January 31, 2020 UK consumer confidence jumped this month, signalling the end of a “jittery mood” as sentiment strengthens following the general election result. Research published this morning showed that sentiment improved by two points to minus nine in January, driven by increased confidence in both individual finances and the general economic situation over the next year. January [...]
Johnson sacrificed the Tories low tax reputation and will pay the price for it January 18, 2022 THE TORIES are becoming a high-tax party because they have become a low-growth party. So said the Shadow Chancellor Rachel Reeves recently. And she’s right. The Conservative Party has increased taxes to a 71-year high. Government spending is the most it has been since the late 1970s. Meanwhile, our economic recovery remains fragile. Despite solid [...]
Severity of Omicron to determine UK economy’s fate, analysts warn December 6, 2021 The severity of the Omicron variant will determine the strength of the UK’s economic recovery from the pandemic over the coming year, according to City economists. The British economy could reach its pre-pandemic size by the third quarter of next year if the new strain of coronavirus proves to be less deadly than first thought, [...]
No pressure? Gazprom cuts gas flows into Europe as cold winter months loom July 25, 2022 Gazprom plans to further cut gas flows into Europe, raising the chilling prospect of rationing and blackouts this winter.
Exclusive: Utilita Energy boss loses confidence in Ofgem after public warning July 18, 2022 Utilita Energy's no longer has confidence in Ofgem, after it criticised the supplier over its handling of direct debit payments.
BT’s Warner tie-up screams streaming opportunity for investors May 12, 2022 BT confirmed its new sports joint venture with Warner Bros Discovery for the UK and Ireland this morning, shifting focus away from its mediocre results and onto a brighter future.
Chatbot matrixes are an outdated betrayal of the strengths of our tech capabilities April 22, 2022 Have you ever solved your problem with the British airways chatbot? I certainly haven’t. It’s a trivial, and perhaps first-world gripe, but it was a startling experience to struggle with what should have been a straightforward problem as a result of clunky tech.
Gas prices plunge as Germany closes in on storage targets August 30, 2022 Gas prices have fallen sharply today amid reports Germany is on course to meet its gas storage targets for October.
Could UK economy be more fragile than BoE believes? May 9, 2022 At its May meeting, the Bank of England’s (BoE) Monetary Policy Committee decided to raise interest rates by 25 basis points (bps) to a 13-year high of 1.00%. All nine members considered policy tightening to be appropriate given the strength of the labour market and persistence of domestic inflationary pressures. However, three policymakers went one [...]