Inflation rate falls to 0.3 per cent in April due to cheaper clothes and air fares May 17, 2016 Inflation was running at 0.3 per cent in April, figures out this morning from the Office for National Statistics (ONS) have shown, denting the trend of slow-and-steady price rises since the start of the year. The headline consumer prices index (CPI) rate fell back from 0.5 per cent in March and is now in line with figures [...]
The five job sectors feeling the biggest Brexit squeeze May 17, 2016 Bad news for the City, especially if you work in human resources – new figures indicate that the Brexit spectre and general economic woes are among the causes of a fall in job vacancies in these areas. Vacancies in HR fell 18 per cent in April on a monthly basis, the biggest decline of any of [...]
A recipe for disappointment: BBC expected to announce removal of cooking archive amid strong protests May 17, 2016 The BBC is expected to disappoint thousands today as it announces the removal of more than 11,000 archived recipes from its website. A petition calling for the archive to be saved has been signed more than 17,000 times – with thousands of names added this morning. Celebrity chef Jack Monroe has also been leading a charge against [...]
Property Premier League: These are the top hot spots for house price growth in the UK (and Leicester isn’t number one) May 17, 2016 You might not have backed the winning team in this year's Premier League – but perhaps you fared better in the property world's equivalent? If you don't want to see the results – and we're talking to you, Manchester City fans – look away now. Over the course of the football season Watford has been crowned the winner [...]
EU referendum: Shadow chancellor John McDonnell says Labour key after debate brings out worst of Westminster May 17, 2016 The referendum campaign has "brought out the worst in Westminster politics", shadow chancellor John McDonnell has said.. Speaking at the TUC in London, McDonnell argued against the use of the tactics employed by both sides on the campaign so far, adding that Labour can save the debate. Instead of focussing on project fear, he said that Remain [...]
EU referendum: Remain leads as Leave camp continues infighting May 17, 2016 With over five weeks to go until the UK votes in the EU referendum, Remain continues to lead, as the Leave campaign continues to fight itself. Some 55 per cent of people support Remain, according to the latest ORB poll, a four per cent rise, while 40 per cent back Leave, a three per cent drop. [...]
First the Prosecco shortage, and now this! Salmon prices soar May 17, 2016 Summer parties are set to be more expensive this year – salmon prices are on the rise. The price increase, fuelled by reduced production in Chile and Norway, comes shortly after fears of a Prosecco shortage emerged. Chilean salmon prices are currently up by more than 60 per cent year on year after an algal bloom [...]
Premier Foods reveals exceedingly good profit rise May 17, 2016 A profit rise at Premier Foods has pleased investors with shares rising more than three per cent in early trading. The figures The maker of household favourites like Mr Kipling cakes, Oxo and Sharwood's has reported a 3.5 per cent rise pre-tax profits to £86.1m for the year to the start of April, while revenues inched up [...]
Oil prices reach six-month high on latest surge May 17, 2016 Oil prices continued to surge on Tuesday, reaching a six-month high. The price of a barrel of Brent Crude reached just short of $49.50 on Tuesday morning. Meanwhile, US benchmark West Texas Intermediate (WTI) is also approaching the $50 mark. Read more: Oil prices soar to six-month highs in wake of global supply disruptions Oil prices are [...]
CMA: UK banks must cap overdraft fees, adopt better technology to make switching easier May 17, 2016 Banks will have a maximum monthly charge they can impose on customers for using unarranged overdrafts, and be forced to give greater warnings to people who are about to go into the red to give them time to avoid charges, under new proposals put forward today. The Competition and Markets Authority, which has been carrying [...]