Food inflation down as lower energy and commodity costs filter through
New figures on shop prices confirm that food inflation in the UK is beginning to fall. Food prices are still rising, but at a slower rate than in recent months,…
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Chancellor backs further rate rises even if it means recession
Jeremy Hunt has said he is "comfortable" with the UK falling into recession if that's what it takes to bring down inflation. Speaking to Sky News, the chancellor said that…
Further easing of UK food price inflation
Grocery price inflation in the UK has fallen for the second month in a row, according to the latest report from Kantar. In the four weeks to 14 May 2023…
Commercial property market reveals early signals of recovery
The commercial rental market has witnessed a remarkable rebound, indicating a robust recovery and renewed investor confidence. Recent data reveals a substantial increase of 9.7% in commercial rents over the…
Volker Hartzsch: The Potential of Blockchain in the Financial Sector
Volker Hartzsch is the co-founder of Sixth Society, which is looking to lead the crypto-Web3 industry of the future. He is also the founder of Profit Business Systems Inc, Maibach…
Nationwide to give customers £100 reward payment
Nationwide will pay out £340m to customers after reporting a 40% increase in annual profit. The building society said that eligible members who hold both a qualifying current account and…
Rising Customer Abuse Forces Service Staff to Consider Leaving
A significant portion of customer service staff, around 44%, are facing increased abuse, prompting thoughts of resignation. The cost-of-living crisis is a key driver. The Institute of Customer Service reports…
BT to cut up to 55,000 jobs by 2030
Telecoms group BT has revealed plans to reduce its workforce by as much as 42% over the next seven years. Announcing its annual results, the company said it expected its…
Stellantis warns of car plant closures unless Brexit deal is changed
Car maker Stellantis has warned that Brexit trade rules pose a threat to its UK manufacturing operations. In a submission to a House of Commons inquiry into the supply of…
Legal Complexities of Relocating Employees Internationally
Navigating the relocation of employees overseas involves multiple legal and logistical challenges.Businesses expand internationally to access new markets, necessitating staff relocation to ensure operational efficiency.Employee rights play a crucial role…
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