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By: City A.M. Reporter

  • Breaking: Bank of England holds rates at 0.1 per cent despite rising inflation

    Breaking: Bank of England holds rates at 0.1 per cent despite inflation hik

    The Bank of England has held the interest rate at 0.1 per cent despite fears of runaway inflation. The Monetary Policy Committee voted 7-2 in favour of the move. This is a breaking story and will be updated.

  • ONS: Firms increasingly hiking prices as supply chain crisis bites

    ONS: Firms increasingly hiking prices as supply chain crisis bites

    Nearly two-fifths of UK firms reported higher costs across their supply chains in new official data, with many passing on the increase to consumers. New ONS data has seen a significant increase in the number of firms putting up prices, from 4 per cent at the start of the year to 15 per cent in [...]

  • New data: Only 3 per cent of furloughed workers made redundant as scheme comes to an end

    New: Only 3 per cent of furloughed workers made redundant as scheme en

    Only 3 per cent of those workers still on furlough as the scheme came to an end were made permanently redundant, according to new official statistics. The furlough scheme came to an end at the start of October, with 16 per cent of businesses still actively using it. Two-thirds of those still on the scheme [...]

  • Seller’s market: Brits plot job changes amid staff shortages

    November 1, 2021

    More than a quarter of UK employees expect to move jobs within the next six months as skilled staff look to cash in on unprecedented staff shortages. A new survey of more than 6,000 adults suggests that almost seven in ten employees would feel confident looking for a new job in the next couple of [...]

  • Fraud convictions on the up as post-Covid-19 crackdown begins

    November 1, 2021

    An increase in post-Covid-19 fraud checks by the Insolvency Service has seen the number of company directors convicted of fraud spike, according to new research. The number of directors convicted of criminal activity has increased to 122 in the year to the end of September, a 205 per cent hike on 2020 levels. Mazars, the [...]

  • Exclusive: LSE signs partnership with investing platform The Growth Stage

    October 27, 2021

    The London Stock Exchange has signed a partnership deal with investing platform The Growth Stage which will bring together private and institutional investors and high-growth, scaling firms. The Growth Stage operates behind a paywall and offers investors the chance to screen growing firms for opportunities, whilst being given clear transparent detail on when firms are [...]

  • MP Sir David Amess ‘stabbed’ at constituency surgery

    October 15, 2021

    Sir David Amess MP has been stabbed during a constituency surgery in Essex with the attacker arrested at the scene by police. Amess, 69, the Conservative representative of Southend West, was attacked by a man who walked into his constituency surgery and stabbed him several times. Treatment was first given at the scene with an [...]

  • Caymans link won’t stop Morrisons paying UK taxes, says Leahy

    October 14, 2021

    MORRISONS will pay its taxes in the UK despite the incoming private equity owners using a Cayman Islands firm to operate the business, according to retail giant Sir Terry Leahy. MPs had questioned the arrangement behind the successful Clayton, Dubilier & Rice (CD&R) takeover of the supermarket, sealed in an auction recently, which will see [...]

  • Peace in our swine: EU takes sizzle out of sausage wars

    October 14, 2021

    THE European Union yesterday offered concessions on the implementation of the Northern Irish protocol which are expected to bring to an end the first post-Brexit diplomatic squabble between the bloc and the UK. On Tuesday, UK Brexit minister David Frost demanded wholesale reform of a pact which effectively creates an Irish sea trade border between [...]

  • Brussels rule could see airfares spike, warns Willie Walsh

    October 13, 2021

    An EU-plan requiring carriers to use a higher proportion of so-called sustainable aviation fuel will permanently bump up flight costs for passengers, the former IAG boss Willie Walsh has warned. The controversial aviation titan, who now heads up the industry’s global lobbyist the International Air Transport Association, said the move to mandate biofuels was completely [...]

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