Recession looms as UK PMI falls to 21-month low
The UK could be heading for a "deep recession", according to data released on Monday. The S&P Global and Chartered Institute for Procurement and Supply’s (CIPS) flash purchasing managers’ index…
Section
News
The latest news news and analysis from the Financial News newsroom.
- Stories
- 1,827
- Follow
- RSS feed
All stories
1,381–1,390 of 1,827
National Express reports revenue up by a third
National Express has reported a 33% increase in revenue for the third quarter of the year as the travel market continues to recover. At constant currency, revenue in the quarter…
Ikea Hikes Furniture Prices as Manufacturing Costs Soar
Ikea has increased the prices of its furniture by up to 80% over the last year, according to research by Retail Week. The Swedish homeware retailer, famouse for its cheap…
‘Almost all’ tax cuts in mini-budget are reversed
The UK government has reversed "almost all" of the tax cuts announced in last month's mini-budget. New Chancellor Jeremy Hunt said that a planned 1p reduction in the basic rate…
Royal Mail to cut up to 6,000 jobs
Royal Mail has reported a half-year loss and warned that up to 6,000 employees will be made redundant by August 2023. Parent company International Distributions Services plc said that Royal…
easyJet expects Q4 operating profit of up to £545m after ‘record bounce back’
Low-cost airline easyJet saw strong improvement in the 12 months to September but will remain in the red for the year. In a trading update, easyJet said it expects to…
Inflation drives rise in UK retail sales
UK retail sales grew in September, but the increase was entirely down to rising prices. A new report from the British Retail Consortium (BRC) and consultancy KPMG shows that the…
Morrisons finds compromise with CMA over McColl’s deal
The UK's Competition and Markets Authority (CMA) has said that it is "minded to accept" a proposal from Morrisons relating to its takeover of convenience store chain McColl's. An earlier…
Company insolvencies rise amid high energy prices
The number of company insolvencies in England and Wales reached the highest level for 13 years in this year's second quarter, official figures show. The Office for National Statistics (ONS)…
Vodafone and Three UK discuss possible merger
Vodafone has confirmed that it is holding merger talks with Three UK about a deal to combine their British operations. According to Sky News, Vodafone UK and CK Hutchison, the…
Page 139 of 183