Business NEWS

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”


UK retailers report sales growth in Christmas trading updates

‘Super Thursday’ has arrived, with a multitude of UK retailers announcing their sales figures for the key Christmas period. Marks and Spencer reported its first like-for-like improvement in clothing and home sales since … Continue reading “UK retailers report sales growth in Christmas trading updates”


Top UK bosses have already clocked up average annual UK salary

By lunchtime on 4 January, top bosses at UK firms had made more money than the average UK worker earns in an entire year, according to the High Pay Centre. The independent think … Continue reading “Top UK bosses have already clocked up average annual UK salary”


Can online estate agencies disrupt an entrenched property industry?

Offline agents have for a long time dominated the real estate industry and led many people to believe that they are unshakable. The revolution on how people buy and sell property began like … Continue reading “Can online estate agencies disrupt an entrenched property industry?”


CBI sets out business priorities for Brexit

The CBI has called for a “barrier-free relationship” to be maintained with the European Union after Brexit. In a report released on Wednesday, the business group raised concerns about issues including tariffs, immigration … Continue reading “CBI sets out business priorities for Brexit”


8.7 million people set to hit the shops on Friday

Christmas shoppers will spend £894m (£865,158 per minute), on Friday alone, according to research from the Centre for Retail Research (CRR) and VoucherCodes.co.uk. Festive shopping is set to peak on the last Friday … Continue reading “8.7 million people set to hit the shops on Friday”


UK inflation reaches two-year high

The UK’s rate of inflation rose to 1.2% in the year to November 2016, compared with a 0.9% rise in the year to October, the Office for National Statistics (ONS) said on Tuesday. … Continue reading “UK inflation reaches two-year high”


UK Government sets out plans for sugar tax on soft drinks

Draft legislation published in the UK on Monday could increase the price of a can of fizzy drink by 8p. The UK Government said that the levy will apply to the production and … Continue reading “UK Government sets out plans for sugar tax on soft drinks”


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