Former Heathrow boss John Holland-Kaye nets record £6.4m pay April 21, 2024 Heathrow airport paid a record £6.4m to its former chief executive John Holland-Kaye, it has been revealed.
UK unemployment falls unexpectedly as wage growth slows to two-year low August 13, 2024 UK unemployment unexpectedly fell in the three months to June while a slowdown in wage growth to its lowest level in more than two years added to signs that the jobs market is cooling.
Five charts the Bank of England will study ahead of Thursday’s interest rate decision November 1, 2023 Although inflation is slowly coming down, warning lights are flashing across much of the UK economy.
Decade high 400k working days lost to strike action in October December 13, 2022 Over 400,000 working days were lost to strikes in October, the highest since November 2011, official figures from the Office for National Statistics out today reveal. Britain has been hit with a wave of industrial action by railway, postal and health workers sparked by pay and working conditions disputes. Working days lost to staff walk [...]
Property giant Bruntwood makes worst loss in its near 50-year history February 2, 2024 Property giant Bruntwood has slumped to its worst losses in its near 50-year history, it has been revealed.
Low wind speeds hit Greencoat UK Wind’s portfolio February 29, 2024 The trust, which invests solely in windfarms, revealed in its annual results that electricity generation in its assets fell 13 per cent throughout the year due to "low wind."
Consumers keep borrowing to spend despite higher interest rates data shows January 4, 2024 The data suggests that, so far, households are weathering the pressure from higher interest rates.
Bank of England dishes out £25m in bonuses despite Andrew Bailey demanding wage restraint July 19, 2023 The Bank of England has dished out tens of millions of pounds in bonuses despite Governor Andrew Bailey and other senior officials demanding workers accept real terms pay cuts. Threadneedle Street rewarded staff with a total of £25m in one-off handouts over the last year, up from £23m in the previous year, according to a [...]
Croda issues margin warning and sees sales slump as economic headwinds grow February 27, 2024 It reported £1.695bn in sales, down more than 18 per cent from the 2022 figure of £2.089bn, while its operating profit dropped to £247.5m, a steep decline of 44 per cent on the previous year.
London Lions: ‘Do-or-die’ EuroCup semi-final has crowds flocking to Copper Box March 29, 2024 Over 7,000 fans are expected to cram into the Copper Box tonight as London Lions take on Paris in the EuroCup semi-finals. The British Basketball League side come into this second leg of three with a deficit but know they’re on the cusp of an incredible achievement against competition favourites Paris. “I’ve already forgotten about [...]