Asda, Morrisons, Sainsbury’s and Tesco are cutting petrol and diesel prices across the UK by up to 2p March 14, 2017 Asda and Morrisons announced yesterday that they are cutting fuel prices by up to 2p a litre across the country, and now Tesco and Sainsbury's are following suit. This will bring unleaded fuel to a new national price cap of 114.7p per litre at Asda's 301 filling stations, while diesel will cost consumers 116.7p per litre. “Over half our forecourts have already reduced the price of [...]
Lloyds Banking Group has set aside an extra £350m to cover payment protection insurance (PPI) claims March 10, 2017 Lloyds Banking Group has set aside an extra £350m to cover payment protection insurance (PPI) claims, the lender announced this afternoon. The bank said the additional provision has been made because the Financial Conduct Authority (FCA) released a revised PPI policy statement on 2 March. The City watchdog announced a new deadline date for PPI complaints last [...]
Niesr: UK GDP grew by 0.6 per cent in the three months to the end of February March 10, 2017 The UK economy grew by 0.6 per cent in the three months to the end of February, according to the latest estimates from the National Institute of Economic and Social Research (Niesr). This follows GDP growth of 0.8 per cent in the three months ending in January. Niesr has projected GDP growth of two per cent [...]
London Overground, Greater Anglia and Stansted Express train services disrupted with delays into Liverpool Street station due to wiring problems March 10, 2017 There are severe delays on trains into Liverpool Street station this morning, after lines were blocked earlier due to overhead wire problems. National Rail said the overhead wire problem at London Fields has now been fixed and all lines have reopened, but warned journeys between London Liverpool Street and Hackney Downs may still be disrupted, [...]
Travel chaos: Severe delays on the Central Line after train derails at White City March 10, 2017 Commuters are facing travel chaos in central London this morning, with severe disruption on the Central Line. Services on the red line have are subject to severe delays after an engineer's service train derailed at White City. A replacement bus is being provided. Transport for London said engineers are at the site working to resolve [...]
Kings Cross area in central London evacuated due to suspected gas leak – rail and Tube stations still open March 9, 2017 The area around Kings Cross in central London has been evacuated today due to a suspected gas leak. Network Rail said the train station has not yet been evacuated but the rail operator is monitoring the situation. Transport for London said the incident had no impact on the Tube station. The emergency services were alerted [...]
The Queen will today unveil a war memorial dedicated to all those involved in the Iraq and Afghanistan conflicts March 9, 2017 The Queen is to unveil a new war memorial dedicated to all those involved in the conflicts in Iraq and Afghanistan. A sculpture by British artist Paul Day has been created to commemorate all military and non-military personnel who took part in the wars. The artwork is composed of two large stone monoliths supporting a [...]
Q&A: How will Philip Hammond’s 2017 Budget affect your taxes? March 9, 2017 Chancellor Philip Hammond delivered several blows to the self-employed yesterday, but they're not the only group impacted. Here, we've laid out all the ways in which the Budget will affect your tax affairs: NATIONAL INSURANCE What’s happening to National Insurance? National Insurance contributions (NICs) for self-employed workers will be hiked over the next two years, [...]
Morrisons (MRW) share price fell this morning after it reported strong profit and sales growth – here’s how City analysts have reacted March 9, 2017 Shares in Morrisons dipped by 4.6 per cent at the open, after the supermarket reported annual profit and sales growth for the first time in four years this morning. Turnover was up 1.2 per cent to £16.3bn, while profit before tax rose by 49.8 per cent, to £325m, signalling that chief executive David Potts' turnaround is [...]
Morrisons (MRW) share price dips at the open after it reports annual profits and sales growth for first time since 2012 March 9, 2017 Morrisons has reported a 50 per cent increase in profit for the year to 29 January, with turnover and earnings growing despite store closures. The figures Turnover was up 1.2 per cent to £16.3bn, from £16.1bn the year before. Profit before tax rose by 49.8 per cent, to £325m from £217m, while underlying pre-tax profit was [...]
