Which? calls for travel rule overhaul to hold airlines accountable when breaking consumer law June 30, 2022 Consumer champion Which? has called for a significant overhaul of travel rules to hold airlines accountable when they flaunt consumers’ laws. The call comes at a delicate time for the aviation industry, as airlines and airports have been plagued by a raft of cancellations and delays caused by labour shortages and surging passenger demand . [...]
Cost of living crunch bites Brits’ optimism February 8, 2022 Fears over a sharp erosion in living standards driven by the cost of living crunch is weighing on Brits’ confidence levels, reveals a fresh survey published today. Consumer confidence in the UK dipped to its lowest level in 11 months last month, according to research by Bank of America. Concerns over inflation hitting household budgets [...]
Boohoo struggles continue with earnings and sales down – and losses mounting May 8, 2024 The company said its annual core earnings fell by seven per cent, revenue fell by 17 per cent, and the total value of goods sold fell by 13 per cent, after a tumultuous year in which it made multiple acquisitions.
UK risks energy tech exodus without more funding, battery boss warns March 8, 2023 The UK risks an energy tech exodus to rival markets unless it offers more funding, the boss of AMTE Power has warned.
Tomorrow, vote for change July 3, 2024 This election is not a choice between higher taxes and higher spending, but a chance for a break from instability and neo-liberal governance, says John McTernan Change. That’s the proposition. Labour promise a break from instability. Instead of five Prime Ministers in six years they offer just one – Keir Starmer. A man with a [...]
Confirmed: Champagne in Canary Wharf as bankers’ bonus cap is scrapped September 23, 2022 The cap for bankers bonuses’ will be scrapped, Kwasi Kwarteng has confirmed in today’s mini-budget. The Conservative chancellor made the announcement today, saying the move will help to keep money in London as a financial hub. He told the commons growth would only come with a “strong financial services sector” and that depended on having [...]
Zalando chief cuts marketing rather than jobs as the retailer battles inflationary pressures August 14, 2022 European fashion giant Zalando chief has said the company is turning to marketing cuts rather than job cuts as the sector grapples with a consumer spending slowdown.
Moving markets: Five things shaping the FTSE 100 today March 18, 2024 Asian shares climb on strong Chinese data, while oil prices surge amid geopolitical tensions. Vladimir Putin wins 88 per cent of votes in an election devoid of opposition candidates. Major central banks take centre stage this week with pivotal decisions ahead.
Persimmon warns of sales slide as interest rate rises push up the cost of mortgages January 12, 2023 Persimmon achieved sales at the top end of its 2022 guidance, despite the mortgage crisis and the wider economic downturn in the second half of the year. The York headquartered company, one of the UK’s largest housebuilders, sold 14,868 new homes last year a rise of two per cent compared to 14,551 in 2021. The [...]
What will get London workers back into the office? March 14, 2024 Last Friday, passengers began to travel with off-peak Tube and train fares and will be allowed to every Friday until 31st May, 2024. The new scheme – announced by Transport for London (TfL) at the end of January – is a bid to increase the number of people travelling on London transport after it was [...]