Wave of cost of living concern sweeps across Britain January 5, 2022 A wave of concern over the soaring cost of living is sweeping across Britain, reveals fresh figures released today. Over half of households are worried the cost of living crisis will hit their living standards this year, according to research carried out by high street bank TSB. Nearly one in three Brits are concerned their [...]
From Russia with losses: BP counts the cost of Rosneft exit amid escalating windfall tax row May 4, 2022 BP’s decision to pull out of its Russian holdings after the Kremlin’s invasion of Ukraine has blown a £20bn hole in its first quarter finances.
Apple goes solo for buy-now pay-later snubbing Goldman June 9, 2022 Apple has snubbed banking partners Goldman Sachs for its new buy-now pay-later offering, instead opting for its own in-house team to manage the service.
Brits’ optimism tumbles to new depths, below financial crisis and Covid-19 lockdowns May 20, 2022 Rampant inflation, tax hikes, swelling food and energy bills and the Russia-Ukraine war has sent Brits’ optimism to its lowest level ever, reveals a closely watched survey published today. UK households are now even more pessimistic than they were when the world was in the teeth of the global financial crisis in 2008 and during [...]
Kwarteng targets trebling of solar power capacity as part of renewable ramp up plans March 29, 2022 Business Secretary Kwasi Kwarteng backs renewable ramp up to ensure secure energy supplies, despite concerns over community backlash.
UK inflation tops 6 per cent as households call on Rishi Sunak for cost of living respite March 23, 2022 The Consumer Prices Index (CPI) measure of inflation marked the largest monthly increase since 2009 last month. According to the Office for National Statistics (ONS), CPI rose 0.8 per cent in February 2022 on a monthly basis. This was compared to a rise of just 0.1 per cent in February 2021. CPI rose 6.2 per [...]
Cyclist Lizzie Deignan: It’s tricky to not give working mothers a false sense of it being easy June 17, 2023 If you ask anyone who has a child whether or not parenthood is 18 years of plain sailing, you’re unlikely to find a single person who’d say yes. Professional cyclist Lizzie Deignan is no different. This month was supposed to see her long awaited return after having a second child. But two things changed. Deignan [...]
No more Netflix and chill: Consumers cancel subscriptions and miss out on meals out amid historic inflation June 7, 2022 Consumers are tightening their purse strings by cancelling digital subscriptions and holding off on buying new sofas, as inflation sits at a 40-year high. Shoppers’ hesitancy to splash the cash on unnecessary treats or big ticket purchases has contributed to a retail sales growth slowdown, according to a tranche of spending statistics published today. May [...]
Ocado raises £575m as it looks to widen online grocery market share June 21, 2022 Online retailer Ocado has raised £575m in a share placing, rallying extra funds as demand dries up. The London-listed firm announced the placing after the stock market closed yesterday, revealing just hours later that it had met its quota. The placing auctioned off 72.3m shares at 795p — a nine per cent discount to yesterday’s [...]
ULEZ row: Khan reassures 90 per cent are unaffected by expansion, as 700K face new charge and ‘massive financial impact’ March 24, 2023 Nearly 700,000 car drivers in London will face a daily £12.50 ultra low emission zone (Ulez) fee when the scheme expands, according to new analysis. The RAC, which carried out the research, said the expansion of the zone from August 29 will have a “massive financial impact on motorists and businesses”. It comes a day [...]