Business NEWS

More than 350 UK firms ‘named and shamed’ over low pay

Hundreds of companies in the UK have been paying staff below the national minimum wage or the national living wage, the UK Government revealed on Wednesday. Debenhams, Subway, Lloyds Pharmacy and the Co-op … Continue reading “More than 350 UK firms ‘named and shamed’ over low pay”


Aldi becomes fifth largest supermarket in the UK

Discount supermarket Aldi has continued its impressive growth and is now the UK’s fifth largest supermarket, according to the latest grocery market share figures from Kantar Worldpanel, published on Tuesday. The German-owned chain … Continue reading “Aldi becomes fifth largest supermarket in the UK”


Survey shows rise in UK consumer confidence

UK consumer confidence rose in January but remained in negative territory, market research firm GfK said on Tuesday. The monthly consumer confidence index showed a reading of -5 in the first month of … Continue reading “Survey shows rise in UK consumer confidence”


Tesco announces plans to acquire wholesaler Booker

The UK’s biggest supermarket group, Tesco, revealed on Friday that it has agreed to buy the country’s biggest food wholesaler, Booker Group, in a deal valued at £3.7bn. As well as its wholesale … Continue reading “Tesco announces plans to acquire wholesaler Booker”


BT shares drop after cost of Italian accounting scandal is revealed

Shares in BT fell nearly 20% on Tuesday after the company revealed the cost of mismanagement at its Italian division. BT announced in October 2016 that it had discovered “inappropriate behaviour” at the … Continue reading “BT shares drop after cost of Italian accounting scandal is revealed”


UK retail sales decline in December

Seasonally adjusted figures released on Friday show that UK retail sales fell from November to December. According to the Office for National Statistics (ONS), the quantity bought in retail sales increased by 4.3% … Continue reading “UK retail sales decline in December”


UK unemployment down, wage growth up

UK unemployment has continued to fall, according to new figures from the Office for National Statistics (ONS). The ONS said on Wednesday that unemployment fell by 52,000 to 1.6 million in the three … Continue reading “UK unemployment down, wage growth up”


UK inflation hits 1.6%

Higher air fares and food prices in December helped drive UK inflation to its highest rate for two-and-a-half years. The Office for National Statistics (ONS) said on Friday that the Consumer Prices Index … Continue reading “UK inflation hits 1.6%”


Unilever makes commitment to fully recyclable plastic packaging

Anglo-Dutch consumer goods giant Unilever will switch to 100% recyclable plastic packaging by 2025. The manufacturer announced on Saturday a commitment to ensuring that all of its plastic packaging is fully reusable, recyclable … Continue reading “Unilever makes commitment to fully recyclable plastic packaging”


Wage inequality for men has risen, study finds

In the past 20 years there has been a fourfold increase in the number of men in low-paid part-time work, according to a new report from the Institute for Fiscal Studies (IFS). The … Continue reading “Wage inequality for men has risen, study finds”


Navigate Articles by Page ....

1 2 3 4 5 31