Rail fares to go up by 4.9 per cent in March next year December 22, 2023 Regulated rail fares in England will increase by up to 4.9 per cent next year, in a blow to UK commuters.
Sainsbury’s: ‘Food inflation starting to fall’ as supermarket giant reports grocery sales surge by 11 per cent July 4, 2023 Sainsbury’s has claimed “food inflation is starting to fall” as it recorded an 11 per cent hike in grocery sales in the first leg of the year. The ‘Big Four’ grocer, recorded an inflation-led 9.8 per cent like-for like-increase in total retail sales excluding fuel in the first quarter of the year up from 4 [...]
Chelsea accused of penalising disabled fans with ‘appalling’ coach subsidy decision August 29, 2023 Chelsea supporters have accused the club of penalising disabled and vulnerable fans by taking the “appalling decision” to remove subsidised coach travel to domestic away games. Blues chiefs said this week that it was “not financially sustainable” to maintain the subsidy, which the Chelsea Supporters’ Trust believes costs £250,000 a year – less than some [...]
Amazon Prime Big Deal Days sees shoppers trim spending October 12, 2023 Protein shakes did well during Amazon's 'Prime Big Deal Days' event but analysts warn shoppers are tiring of discount days.
Springfield: London-listed property developer inks £15m affordable housing deal February 6, 2024 Scottish housebuilder Springfield has won a £15.3m contract to build affordable housing in the region. In an update this morning, the London-listed firm said it would be working with Highland Housing Alliance to complete the homes. Innes Smith, chief of Springfield Properties, said:“Within the last eight months, we have signed contracts worth circa £40m with [...]
High street struggles: 2,000 local stores, pubs and hairdressers wiped away this year September 21, 2023 Nearly 2,000 independent local stores were left vacant in the first half of this year, as the cost of living crisis continues to eat away at the health of the high street and small businesses. Some 1,915 independent businesses on high streets, retail parks and shopping centres closed in the first leg of this year, marking [...]
Currys gives 10,000 staff fourth pay rise in 18 months with extra help for London workers March 21, 2023 Tech retailer Currys will increase wages for hourly paid staff for the fourth time in 18 months – with workers in the capital getting extra help. Pay for hourly paid store colleagues will rise to £10.50 across its stores in the UK and to £11.50 in London. The retailer revealed that the average store colleague [...]
Explainer: Not the best time to be a university student in the UK June 22, 2023 It hasn’t been a very cheerful week in the world of economic news. Today the Bank of England raised interest rates for the thirteenth time in a row. Mortgage payments keep on going up, as rates continue to rise. Everyone is affected – families, individuals young and old, and students too. It’s not surprising then [...]
Hunt unveils measures to ensure customers get fair pricing June 28, 2023 Chancellor Jeremy Hunt has drafted an action plan with authorities to ensure customers are being facing fair prices during the cost of living crisis. Hunt sat down with the Competition and Markets Authority (CMA), and the regulators for the energy, water and communications sectors, early on Wednesday 28 June at 11 Downing Street. He was [...]
Online retail firms in trouble as punters turn back to the high street June 19, 2023 E-commerce retailers which were bolstered by Brits stuck at home during the pandemic are now going bust, a new report shows, as the cost of living crisis continues to eat away at businesses. The number of insolvencies of UK e-commerce businesses rose 71 per cent to 529 in the past year, up from 309 in [...]