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4232 Search results for cost of living crisis

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  • Tourist tax means UK is missing out on £1bn ‘Brexit boost’, MPs warn

    September 7, 2023

    Britain is missing out on a £1bn pound “Brexit boost” for as long as it fails to reinstate VAT-free shopping for international tourists, MPs have warned.

  • Brits among least likely to say work important to them, survey finds

    September 7, 2023

    British workers rank among the lowest globally for how likely they are to say their work is important to them, a study has found.

  • Waitrose warns of jobs cuts as it shakes up staff hours

    September 7, 2023

    Waitrose workers have been warned that some jobs are at risk as the business looks to ramp up productivity and reduce costs.

  • Brexit red tape ties up musicians touring EU and cuts into earnings

    September 7, 2023

    Mountains of expensive Brexit-induced paperwork is costing eight in ten British musicians their hard-earned cash, a new report has found. Of 1,500 music artists and professionals touring Europe, one third reported post-Brexit paperwork is hurting their earnings, according to a new study by industry body UK Music, first shared with news site PoliticsHome. Eight in [...]

  • Currys sticks to full-year guidance despite falling sales

    September 7, 2023

    Currys has said it is sticking to its annual profit guidance despite recording a 4% fall in group sales in the 17 weeks to August.  The British electrical goods seller reported a 2% dip in like-for-like sales in its UK and Ireland (UK&I) division as consumers put off buying expensive goods amid the cost of [...]

  • Let’s be honest, Keir Starmer’s Labour party don’t know how to fix Broken Britain either 

    September 7, 2023

    As the Conservatives are hit with another scandal, this time over crumbling concrete in schools, Sir Keir Starmer is yet to come up with an original plan other than his vacuous 'missions', writes Matthew Lesh.

  • Halfords revenues rise as consumers sniff out budget auto care

    September 6, 2023

    Halfords reported a 14.1 per cent hike in revenue for the first five months of the year as the retailer was bolstered by demand for “basic needs” services such as motoring.  The motoring and cycling retailer said that revenue in its autocentres division grew 34.6 per cent and retail rose 3.7 per cent.  Halfords has [...]

  • Mega rich splurge £1.3bn on office shopping spree around London

    September 5, 2023

    The world’s mega rich are pouring their spare millions into offices around London, gobbling up £1.3bn worth of space in the last 12 months. 

  • BP boss Bernard Looney pledges to stick to plans for oil and gas output cuts

    September 5, 2023

    BP boss Bernard Looney says he will not further scale back his energy transition strategy after ceding some ground earlier this year.

  • Asda chairman says supermarkets owed ‘debt of gratitude’ as he snubs profiteering claims

    September 5, 2023

    Asda’s chairman said supermarkets are owed a “great debt of gratitude” as he rebuffed claims that the grocer is profiteering from rising petrol and food prices amid the cost of living crisis.  Speaking to LBC, Stuart Rose said that all retailers have seen their profits over the last year go “backwards”.  “If you look at [...]

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