Car insurance costs fall for first time in two years
The average motor insurance premium in the UK fell by 2% in April to June compared to the first three months of the year, according to the latest data. Drivers…
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Installation sales down at Wickes as consumers opt for DIY
Home improvement chain Wickes has reported a 3.4% decrease in group sales in the first half of the year, with revenue dropping to £799.9m. In a trading update for the…
Greggs reports sales and profit up in first half
Bakery chain Greggs has reported a successful six months, with iced summer drinks and pizza box deals helping to drive higher sales and profit. Total sales for the 26 weeks…
More UK businesses in financial distress
The business environment for UK firms is still "extremely testing", according to a quarterly snapshot of corporate health. Begbies Traynor's Red Flag Alert shows that in the second quarter of…
Cardiff Airport set for £200m government funding
The Welsh Government is planning to invest up to £206m in Cardiff Airport over the next 10 years. This funding will be used to improve the airport's maintenance, cargo and…
Ofcom bans mid-contract price rises based on inflation
Price rises that are linked to future inflation rates have been banned by Ofcom. The rules apply to new contracts for UK phone, broadband and pay TV services from January…
Pay growth eases as job market continues to cool
Wage rises for UK employees have slowed, but remain ahead of inflation. On average, regular earnings (excluding bonuses) grew at an annual rate of 5.7% in the three months to…
UK inflation steady at 2%
Consumer price inflation in the UK remained at 2% in June, unchanged from May, according to the latest official data. Summer clothing sales and less expensive second-hand cars helped to…
Grocery price inflation falls below 2%
Price rises at UK supermarkets have fallen to their lowest level since September 2021. Grocery price inflation dropped to 1.6% in the four weeks to 7 July 2024, down from…
Lloyds to convert old data centres and offices into social housing
Lloyds Banking Group has announced plans to convert its decommissioned data centres and former office sites into new social housing projects. The group -- which owns Lloyds Bank, Halifax and…
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