Watchdog to investigate mattress firm Simba over pricing tactics December 15, 2023 The competition regulator has launched a probe into mattress seller Simba Sleep amid concerns its could be misleading shoppers with price reduction claims. The Competition and Markets Authority (CMA) said it will examine whether the firm has “misled consumers about price reductions and put unfair pressure on consumers to make quick purchases”. It comes after [...]
UK continues to ‘dodge recession’ as private sector growth at six month high December 15, 2023 This comes as the UK economy has been flirting with a recession for more than a year, battling stubborn inflation, high energy bills.
Trainline share price soars after government scraps rival ticket app December 15, 2023 The Trailine’s share price continued to soar on Friday morning after yesterday’s announcement by the government that it would scrap a rival ticket app. The rail ticket company’s stock rallied this morning, rising by 19 per cent after the open, increasing 17 per cent after an hour of trading, to 331p. This comes after the [...]
Capita appears to be turning a corner after a year of debt, cyber attacks, job cuts and sell-offs December 14, 2023 It said there revenue growth of 2.1 per cent this year, and a boost in its total contract value to £2.89bn, an increase of 47 per cent on last year. It attributed this to a “significant improvement in win rate”.
Former Tory chair Lord Ashcroft sells recruitment firm for £483m, netting £300m December 13, 2023 Shareholders will be allowed a 55.9p dividend declared in November, in addition to more which Impellam hasn't declared yet; but which taken together will total 1,084.4p per Impellam share.
Scrap triple lock and reform state pension, Jeremy Hunt urged in major IFS report December 13, 2023 IFS warns the ‘triple lock’ “ratchets up the value of, and spending on, the state pension over time in a way that creates uncertainty"
Royal Mail ‘considering £430m swoop for Euro rival’ December 13, 2023 International Distributions Services is said to be considering going in for the company which operates in central and eastern Europe.
Purplebricks to sell homes for free in turnaround bid under new ownership December 12, 2023 Estate agency Purplebricks will get a new lease of life as it launches a new – free – model, months after it came under new ownership. The company says it will now allow customers to sell their homes without a fee, as part of a bid to “disrupt the housing market.” This comes after Purplebricks [...]
Tie-gate: Has King Charles lost his Greek marbles over Sunak’s ‘hissy fit’? December 1, 2023 Eagle-eyed reporters were, however, also concerned by the attire of Prince Charles, well known for being an ardent conservationist — and son of Prince Philip, who was Greek.
Regulator warns Thames Water must ‘address shortcomings’ as debt spirals to £18bn December 1, 2023 Thames Water has been told to "address their operational shortcomings" by the regulator after it emerged its owners had piled on more debt.
