Next agrees rescue deal for Joules
Fashion and lifestyle products retailer Joules has been rescued from administration by high street retail giant Next and founder of the business Tom Joule. Under the £34m deal, Next will…
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Brexit led to higher food bills, study finds
Leaving the European Union added a total of £5.8bn or an average of £210 per household to UK consumers' food bills over the two years to the end of 2021,…
Food inflation reaches new high
UK consumers have seen a further rise in the cost of everyday essentials, with food prices rising at a record rate in the year to November. New figures from the…
easyJet reports record quarterly profit
Low-cost airline easyJet is optimistic about the year ahead after reporting its highest ever earnings for a single quarter, with headline EBITDAR of £674m in its fourth fiscal quarter. The…
Jet2 returns to profit despite summer travel disruption
Low-cost leisure airline Jet2 swung back to profit for the first half of its financial year as revenue jumped by 730% compared to last year. The travel group reported pre-tax…
Strikes set to disrupt Christmas and New Year rail services
Rail union RMT has announced another four weeks of industrial action in December and January. Strikes will take place across four 48-hour periods on 13-14 and 16-17 December, and 3-4…
Supermarket prices for petrol and diesel ‘unnecessarily high’
The UK's biggest fuel retailers are overcharging for petrol and diesel, according to the RAC. The motoring organisation said that prices were "far higher" than they should be after a…
Intraday, Day, or Swing Trader: Which one are you?
A common question in trading, particularly at the beginning of a trader’s journey, is what is the most profitable form of trading? Unfortunately, the answer to this question is very…
Immigration can help solve worker shortages, says CBI chief
The UK should use immigration to solve labour shortages and boost economic growth, according to the leader of the CBI. Speaking at the business group's annual conference in Birmingham, Tony…
Wage rises still outpaced by soaring inflation
UK workers are seeing their wages rise at the fastest rate in more than 20 years, but the increase still lags behind inflation. In the year to July to September…
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