All posts in Business

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Co-operative Group suffers heavy losses of £2.5bn in 2013

The Co-operative Group, a British consumer cooperative that operates a range of retail businesses, announced its final results for the 52 weeks ended 4 January 2014 on Thursday, which showed losses of GBP2.5bn for 2013 when compared to losses of […]

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Property

Latest ONS House Price Index reveals strong growth in UK house price inflation

House prices in the UK continue to rise according to the Office for National Statistics (ONS) House Price Index (HPI) for February 2014, released on Tuesday. The

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Ernst & Young forecasts average UK earnings to increase faster than inflation rate

London based multinational professional services firm EY (Ernst & Young) released its EY ITEM Club Spring forecast 2014 on Monday, which predicts that UK earnings will

Whiskey

Scotch Whisky Association reports continued overseas demand as Single Malt increases in popularity

Exports of Scotch Whisky remain strong in 2013, with demand for Single Malt increasing, the Scotch Whisky Association (SWA) has revealed. The Edinburgh based organisation that was

Gas bill#

British Gas Business fined £5.6m following investigation into switching and renewal procedures

UK regulator of electricity and gas markets Ofgem reported on Thursday that following an investigation into switching and renewal processes conducted by British Gas Business, the regulator found

Payday loans used to see Brits through xmas

British Retail Consortium reports continued deflation in UK shop prices

British Retail Consortium (BRC), a trade association for the UK retail industry, reported on Wednesday that its latest BRC-Nielsen Shop Price Index (SPI) shows that overall

Supermarket shopping

Big four supermarket chains lose market share to Aldi, Lidl and Waitrose

The 'big four' UK supermarket chains, Tesco, Asda, Sainsbury's and Morrisons, have seen a decrease in market share according to the latest grocery share figures from

UK Manufacturing

EEF opens £2m Midlands training centrefor manufacturing and engineering apprentices

UK manufacturers' organisation EEF announced on Thursday that it has opened a GBP2m state-of-the-art training centre in the Midlands. EEF said the centre is expected significantly boost

insurance vs. risk

Risk management tips for insurance brokers

The importance of good risk management shouldn’t be underestimated. Dealing with a professional indemnity claim can be costly and time consuming and most insurers will require

Royal Mail

UK taxpayers bear the cost of cautious Royal Mail privatisation — NAO

The UK government's Department for Business, Innovation and Skills (BIS) approach to the privatisation of the Royal Mail was too cautious, which resulted in the shares

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