Use strength in services to break UK’s low growth trap, think tank urges December 4, 2023 The UK needs to capitalise on its position as a "services superpower" to help break its "toxic combination" of low growth and high inequality, a top think tank has warned.
Mitchells & Butlers: All Bar One owner toasts ‘record year’ despite battling high costs November 30, 2023 All Bar One owner Mitchells and Butlers (M&B) said that like for like sales grew to a record 9.1 per cent during the full year, as the chain toasts a strong performance. The no frills dining and pub chain, which also owns Toby Carvery, said that adjusted operating profit increased by 17.6 per cent, despite [...]
Record level of British haulage businesses going bust ‘at a rate unheard of’ November 29, 2023 British haulage businesses going insolvent has jumped over the last two years as the fallout of the UK economy has pushed business to go bust.
Supermarkets in focus of new CMA probe claiming loyalty schemes push up inflation November 29, 2023 It made the announcement following its latest findings from a two-year ongoing investigation of the groceries sector, and its impact on competition and inflationary pressures.
Pets at Home’s profit slumps as higher wages bite November 28, 2023 Pets at Home has backed its full-year guidance despite swinging to a 19.3 per cent loss in underlying profit before tax in the interim period.
Food inflation falls again but business rate hikes could unravel progress November 28, 2023 Increases to business rates and the national living wage could reverse progress made to lower food inflation, experts have warned.
Businesses could ‘struggle to afford’ increase in living wage, experts warn November 27, 2023 Last week, the government announced that the National Living Wage will rise by almost 10 per cent next year, from £10.42 to £11.44 an hour.
Rwanda plan ‘not the be all and end all’, says James Cleverly November 25, 2023 The flagship Rwanda asylum plan is not the “be all and end all” of government efforts to tackle illegal migration, the Home Secretary has said.
Consumer confidence: Brits cheer up in time for Black Friday November 24, 2023 Retailers are bracing for a Black Friday bonanza - boosted by news of consumer confidence finally turning a corner
Suella Braverman piles pressure on Rishi Sunak over rising migration November 23, 2023 Suella Braverman has urged Rishi Sunak to act on “unsustainable” migration figures, as the Prime Minister faced increasing pressure from his party to clamp down on the numbers.