Omicron and rising prices hit consumer-facing businesses in January
The UK is seeing a two-speed recovery from Covid-19, a new report suggests. Data compiled by IHS Markit and CIPS for the Purchasing Managers' Index (PMI) shows that a further…
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UK inflation climbs to highest level for nearly 30 years
Consumer prices in the UK are rising at their fastest rate in almost three decades, according to the latest figures. Driven by soaring food costs and energy bills, inflation surged…
Rising living costs squeeze UK households’ financial wellbeing
UK household finances took a hit in the fourth quarter of 2021, according to a new report. A quarterly index compiled by Scottish Widows shows the fastest fall in UK…
Rolls-Royce sees record sales as consumers spend lockdown savings on luxuries
Luxury car maker Rolls-Royce has reported its best ever sales as consumers across the globe spend money accumulated during the pandemic on luxury goods. In 2021 the manufacturer delivered 5,586…
Grocery shoppers made the most of Christmas festivities
UK shoppers splurged on Christmas treats this year, with a rise in spending on goods including mince pies, chocolates and sparkling wine. The latest figures from data company Kantar show…
Lorry driver shortage ‘shows signs of easing’
A shortage of tens of thousands of HGV drivers in the UK has impacted deliveries of fuel, groceries and other goods -- but a new report says there is "cause…
Lidl GB aiming to reach 1,100 stores within four years
Business is booming for Lidl and the retailer is planning to open hundreds of new stores in Great Britain over the next few years. Lidl GB has set a new…
Atom Bank moves to four-day week with no cut in pay
Online bank Atom Bank has switched to a four-day working week for its 430 employees without cutting their pay. The bank said that staff now work a shortened 34-hour week…
Free market alone will not end North-South divide, says CBI
Decades of neglect in parts of the UK have led to a "branch line economy", according to the CBI. At the the business group's annual conference, director general Tony Danker…
Wise Investing In Real Estate Industry
1. Choose The Right Market And The Right Time To Enter The Market If you want to invest in real estate and make good returns, you will have to understand…
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