Top dining chains see losses swell as inflationary pressures hammer the high street June 13, 2022 The country’s top restaurants have seen losses swell considerably in the past six months, surpassing the £800m mark. According to analysis from accountancy firm UHY Hacker Young, losses at the top 100 restaurants swelled 24 per cent from £673m to £832m in just the past six months shows a new study by UHY Hacker Young, [...]
Citizens Advice calls for better use of personal data to create social tariff March 8, 2023 The government should use Brits' personal data about income tax rates and energy usage to create a new social tariff, argues Citizens Advice.
Hundreds of Amazon warehouse workers continue walkout over pay August 4, 2022 Amazon workers at an Essex warehouse are walking out for a second day on Thursday, in a protest calling for a “drastic” pay improvement. On Wednesday night and Thursday, around 400 workers at the Tilbury operation walked out over the US tech giant’s offer of a 35p per hour pay offer. Workers in the GMB [...]
Investec rolls out £350m share buyback as revenues jump November 17, 2022 Investec said it would roll out a share buyback programme today
Explainer: Tesco needs more than cheap milk to keep loyalty in the supermarket price war with Aldi and Lidl April 14, 2023 Tesco has had a rocky week. In the midst of a cost of living crisis, remaining loyal to businesses is tough, as the nation has been forced to favour being frugal over buying name brand goods. This revelation rang all too true for Tesco on Thursday, as Britain’s biggest supermarket reported its operating profit was [...]
Revealed: Brits are paying the highest electricity bills in the entire world January 14, 2023 New research reveals that the UK has the highest electricity bills. Brits pay more for their power than anywhere else on the planet. A new study looked at Government data on electricity and gas prices from the past five years to analyse the impact of the worsening cost of living crisis and discover which countries [...]
Childcare: Two in five mothers say high costs are still keeping them out of the workplace April 14, 2023 Two in five mothers feel prohibited from returning to work due to the high cost of childcare, even with Jeremy Hunt’s expanded childcare offering, a new survey of 2,000 mothers has revealed. “Nursery and childminder costs can swallow a huge chunk of new parents’ earnings, and with the current cost of living crisis squeezing every [...]
Planned redundancies up 60 per cent as firms feel pressure of interest rate rise and borrowing costs May 16, 2022 Raised interest rates and borrowing costs have led to a 60 per cent increase in planned redundancies. The spike in people losing their roles went up from almost 38,000 to more than 60,000 in the last quarter according to GQLitter, a specialist law firm dealing with employment. This comes after interest rates were increased 1 [...]
ITVX launch: The streaming service that hopes to win youngsters back December 8, 2022 ITVX has officially launched today, replacing the broadcaster’s clunky Hub and welcoming a flurry of new viewers – or so ITV hopes. The man behind this fresh new streaming platform is ITV’s managing director Rufus Radcliffe, who has made it his task to draw in youngsters and advertisers. The platform rebrand was first announced back [...]
Court security guards call off strike after OCS offers pay deal July 28, 2022 Court security guards have called off plans to strike after outsourcing firm OCS offered to up their pay by up to 8.3 per cent and hand over a raft of other benefits. Workers employed by Crawley contractor OCS on the Her Majesty’s Courts and Tribunal Services (HMCTS) contract have suspended plans to strike while they [...]