Railway members to vote on new strike action as threat of ‘summer of discontent’ looms June 17, 2022 Members of the union TSSA working for Southeastern are set to vote on strike action, as the threat of a “summer of discontent” looms closer . The ballot will be open from 23 June to 11 July, meaning that a potential strike could start as soon as 25 July. The union asked the train operator [...]
Labour and Tories fight over economy as Hunt and Reeves drop tax cut hints May 25, 2024 The Tories and Labour will fight over the economy as Keir Starmer centres Saturday’s campaign on the cost-of-living crisis while the Conservatives hint at tax cuts for high earners. The Chancellor signalled the party would seek to end the impact of tapering of personal allowances on larger incomes, while his opposite number vowed to deliver [...]
FTSE bosses earn 57 times more than their employees as debate rages over London’s competitiveness December 18, 2023 Bosses of FTSE 350 firms are typically paid 57 times more than their employees, according to new data, as City grandees argue over the best way to attract talent to London.
Slow fashion: Retailers embrace second-hand clothing to draw in thrifty eco-conscious fashion lovers January 23, 2023 High street retailers are following in the footsteps of their online rivals, offering more second-hand clothes to lure in shoppers wanting to steer clear of fast fashion and hunt for bargains amid a cost of living crisis. The second-hand clothing market has exploded over the last decade to an estimated £6.5bn last year, largely thanks [...]
Will FTSE 100 giant Next continue to top the retail leaderboard? March 16, 2024 Next will unveil its full year earnings this coming Thursday, as investors gear up to see how the FTSE 100 firm has navigated a challenging period for retailers.
Over-fifties add second jobs as cost of living bites into savings May 29, 2023 The number of people aged 50 and older with a second job has increased by more than 100,000 in the past decade, according to new research. The total jumped to more than 440,000 in the first quarter of the year, almost a third more than the same period in 2013, said Rest Less, which offers [...]
Victorian Plumbing’s billionaire boss is handed millions more by his mother March 15, 2024 The billionaire founder and chief executive of Victorian Plumbing has been handed millions of shares in his own company by his mother.
Deliveroo: Nine per cent dip in orders as Brits lay off takeaways in hard times – but revenues propped up by ads April 20, 2023 Deliveroo reported a disappointing nine per cent drop in takeaway orders but it was not enough to dampen a spike in its revenue for the first leg of the year. Tthe average number of customers visiting the app fell to 7.1 million from 7.6 million in the same period last year, as high inflation and [...]
Home Office splashes £53m on remote working for ‘sleepy civil servants’ May 23, 2024 Government departments have been accused of spending huge sums on work from home equiptment
Chancellor Jeremy Hunt says Bank must act – even if hikes slow UK economy May 26, 2023 Chancellor Jeremy Hunt has backed interest rate hikes being used to calm soaring inflation even if they increase the risk of pushing the UK into recession. Mr Hunt insisted in an interview aired on Friday that the “only path to sustainable growth” is to bring down the high prices behind the cost-of-living crisis. The Bank [...]