Millions of Brits to be plunged into ‘fuel stress’ as experts downgrade UK economic forecasts January 17, 2022 Millions of Brits are set to be plunged into fuel stress when the energy watchdog hoists the cap on bills, reveals a new study published today. The number of households languishing in fuel stress will treble overnight to 6.3m when the new energy price cap takes effect on April 1, research carried out by the [...]
Rightmove’s profits and revenue up while average of 1.5bn minutes spend on site a month July 29, 2022 Renting site Rightmove had a spike in both profits and revenues in the first half of the year, as customers spent an average of 1.5bn minutes on its site per month. It raked in £162m in the first half of the year, up nine per cent on 2021, while its operating profit was at £121.3m, [...]
Rishi Sunak earned £2.2m and paid £508,000 in tax, documents show February 10, 2024 Rishi Sunak has published his tax documents, showing that he paid more than £500,000 in UK tax last year, as his total income rose to £2.2m.
Germany backs Qatar to meet energy needs with mega LNG deal November 29, 2022 Germany is gambling on Qatari gas supplies to meet its energy needs, as it shifts from Russian pipelined gas, with a long term LNG deal.
Sport sceptics might scoff but Paris Olympics and Euro 2024 really can lift our gloom January 1, 2024 Brands and marketeers take note: this is how you can capitalise in 2024.
A cash-based society isn’t just for the old, it’s for the young and foolish too December 12, 2023 Out in the wilderness of central London, armed with a £20 note, I was faced with just how hostile our city has become to the use of cash.
Capital gains tax changes strike ‘heavy blow’ to investors November 17, 2022 The Chancellor has slashed the exemption amount for capital gains tax and cut the dividend allowance in half today in a move that will strike a “heavy blow” to the UK’s entrepreneurs and investors.
Tesco profit guidance ‘unchanged’ despite 1.5 per cent fall in sales amid ‘incredibly challenging’ environment June 17, 2022 Tesco said its profit guidance for the coming year remained “unchanged” despite experiencing a 1.5 per cent fall in underlying sales in the first quarter of 2022. Britain’s biggest grocery store recorded its sales for the first 13 weeks up until the end of May, and said its profit and cash outlook will stay the [...]
Brits sit pat on Covid-19 savings mountain in sign of tougher recession November 29, 2022 Brits are sitting pat on the mountain savings they built up over the course of the Covid-19 crisis during lockdowns, official figures out today reveal. Households set aside £6.4bn in savings last month, £1.6bn higher than the average monthly deposit flow before the pandemic, according to the Bank of England. The figures illustrate consumers are [...]
Recession clouds lift over UK jobs market as hiring begins to recover April 12, 2023 Recession clouds are receding from the UK jobs market as companies gradually regain confidence about hiring workers following a batch of better than expected economic data since the turn of the year, new figures out today reveal. Firms are dipping their toes back in the recruitment market, lured by household spending holding up better than [...]