Highest rise in retail prices for a decade
Prices in UK shops are continuing to increase, with new figures from the British Retail Consortium (BRC) showing the fastest rise in over a decade. Shop price annual inflation accelerated…
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BP to offload stake in Russian oil firm
BP has confirmed that it will exit its shareholding in Russian state-owned oil firm Rosneft after Russia's invasion of Ukraine. The oil giant has held a 19.75% stake in Rosneft…
Petrol and diesel prices reach new high
Motorists in the UK are paying record prices at the pumps for both petrol and diesel, new figures show. Motoring organisation the AA has revealed that over the weekend average…
Brexit ‘causing extra costs and delays’ for UK firms
UK businesses have seen increased costs, paperwork and border delays as a result of Brexit, MPs have said. The European Union introduced full import controls at the end of the…
Economic missions open business to new markets. Silesian entrepreneurs have already found out about it
Economic missions provide new opportunities for cooperation with foreign partners in a dynamically changing reality. Their inseparable part are meetings with contractors on target markets, facilitating establishing contacts and allowing…
Worst of food price rises ‘yet to come’, warns Tesco boss
UK shoppers are likely to see a further rise in their grocery bills in the months ahead, according to Tesco chairman John Allan. Household budgets are coming under increasing pressure…
Santander UK reports full-year profit up 226%
Santander UK has reported a 226% increase in profit for 2021, driven by strong lending growth. The UK’s third largest mortgage lender recorded £7.5bn of net mortgage lending and attracted…
Household grocery bills could rise by £180
The ongoing cost of living squeeze in the UK means that households could end up spending £180 more on their grocery shopping this year, a new report suggests. Figures from…
Compensation for one-hour flight delays proposed by transport secretary
Transport Secretary Grant Shapps has unveiled proposals to boost airline passenger protections and rights. The UK government is consulting on the plans, which would enable passengers on domestic UK flights…
Unilever to restructure, cutting 1,500 jobs
Around 1,500 jobs are set to go at consumer goods group Unilever in a reorganisation of its business. The company said the cuts to senior and junior management roles were…
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