Bank of England, Federal Reserve and ECB expected to keep interest rates on hold this week December 11, 2023 The Bank of England will likely hold interest rates for the third time in a row on Thursday, according to economists.
Truspine chief resigns ‘with immediate effect’ amid investor efforts to oust him May 7, 2024 The chief executive of a London-listed medical technology firm has resigned following investor efforts to oust him and the chief financial officer from the company.
McDonald’s hikes price of cheeseburger for first time in over 14 years July 27, 2022 McDonald’s has announced it is raising the price of its signature cheeseburger for the first time in 14 years, as cost increases continue to bite consumers and businesses. In a note to fast-food fans, the US titan said that “today’s pressures mean, like many, we’re having to make some tough choices about our prices.” It [...]
Rishi Sunak to visit Israel as concerns grow over conflict with Hamas October 19, 2023 Rishi Sunak will arrive in Israel on Thursday, commencing a two-day trip to the Middle East region as concerns grow over the conflict.
Parsley Box Group expects loss as it invests in new products to help with cost of living crisis July 27, 2022 Meal delivery service Parsley Box Group had a dip in revenue and order numbers, as it invested in new products to attract customers amid the cost of living crisis. The company had a drop in income from the previous year, down to £9.6m from 14m, while its new customer revenue was under £1m, from £3m [...]
IMF economy warning reverses FTSE 100 gains despite Unilever’s best efforts July 26, 2022 A bleak set of projections from the International Monetary Fund (IMF) pegging UK growth as the worst in the G7 weighed on London markets today. The capital’s premier FTSE 100 index remained unchanged, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 1.18 per cent [...]
Bookmaker Fitzdares and Fulham launch luxury member’s club October 16, 2023 Premier League club Fulham and Fitzdares have extended their partnership which will see the UK’s oldest bookmaker launch a luxury member’s club at Craven Cottage. Having first agreed a partnership for last season, where the London club finished 10th, the duo have extended their agreement for the 2023-24 campaign, in which the team have won [...]
UK on course to dodge recession but ‘lacklustre’ growth will linger, KPMG says June 12, 2023 The UK will dodge a recession this year but a tight labour market and sticky inflation will choke off growth, according to the latest forecast from KPMG.
Flying the green flag: Ryanair’s £140m Boeing deal will save airline ’65m litres of fuel’ a year January 23, 2023 Ryanair claimed its $175m (£140m) deal with Boeing’s subsidiary and technology company Aviation Partners Boeing will help it make huge cuts to fuel consumption and CO2 emissions. Under the agreement, 400 of the low-cost airline’s aircraft will be retrofitted with APB’s winglets. Also known as wingtip devices, winglets are vertical extensions attached to a plane’s [...]
Shoppers face £643 increase to yearly grocery bill October 11, 2022 Shoppers are facing an additional £643 jump in their annual grocery bill as grocery price inflation breaks another record. According to freshly published data from Kantar, grocery inflation sits at 13.9 per cent, the highest level since the data firm started tracking prices in the 2008 financial crisis. The average household’s annual grocery bill is [...]