Union to ballot 150,000 civil servants on plans for public sector strike September 26, 2022 The public sector workers’ union is set to ballot more than 150,000 civil servants on plans to strike over pay and working conditions. The Public and Commercial Services Union (PCS) said it is urging its members in 214 government departments to vote in favour of taking industrial action, after the UK government set out plans [...]
Pound and Dollar parity strongly on the cards: After today’s all-time low, is Sterling the new Lira? September 26, 2022 Sterling is getting absolutely pounded today in this week’s trading, and traders have started things exactly where they left off on Friday. The Sterling looks like an emerging market currency, especially when you look at the price of the British Pound a few months ago and compare it to where it is now. Bears are [...]
Investors to examine retailers’ books for signs of spending slump September 25, 2022 Investors will be parsing over a slew of results from top retailers for signs of a slowdown in consumer spending in response to an economic slump. London’s premier FTSE 100 index notched a poor performance last week, shedding 3.62 per cent to close at 7,018.60 points, mainly driven by a sharp sell off on Friday [...]
The traditional Great British Sunday Roast risks dying a slow and painful death September 25, 2022 A quarter of all British cooks say they are now less likely to prepare a Sunday roast and nearly a fifth say they will no longer use their oven at all as they respond to the cost-of-living crisis. Soaring energy costs appear to already be influencing kitchen habits, with 23 per cent of cooks saying [...]
Starmer commits to reversing Truss’ cut to 45p rate of Income Tax September 25, 2022 Sir Keir Starmer has vowed to reverse the government’s decision to cut the 45p top rate of Income Tax for the UK’s biggest earners if Labour wins the next election. The Labour leader also said he would keep Liz Truss’ 1p cut to the 20p basic rate of Income Tax. Chancellor Kwasi Kwarteng announced the [...]
Some parts of UK to have zero trains this weekend with rail strike to disrupt London Marathon September 25, 2022 Passengers are warned that some parts of the UK will have zero trains during a strike by the rail unions in the long-running dispute over pay, jobs and conditions. Members of the Rail, Maritime and Transport union (RMT), Aslef, the Transport Salaried Staffs Association and Unite will walk out on Saturday October 1, with further [...]
Drive customer engagement with relevant offers and rewards September 23, 2022 Amid the cost-of-living crisis, consumers are increasingly looking for greater value in every transaction, with rewards becoming a key motivator in driving purchasing decisions. After helping brands with their travel loyalty programmes during the pandemic, Valuedynamx is now helping financial and banking clients offer rewards to their customers. Customer engagement programmes are a strategic investment that [...]
Mini-budget: Kwarteng gives boost to pubs in cancelling increase on alcohol duties September 23, 2022 Chancellor Kwasi Kwarteng has announced that increased duties on alcohol will be cancelled, in a bid to support pubs, bars and breweries. In today’s mini-budget he said the government will introduce an “18-month transitional measure for wine duty” and “extend draught relief to cover smaller kegs of 20 litres and above”. The measures comes as [...]
Kwarteng launches most radical tax cut programme in a generation September 23, 2022 Kwasi Kwarteng unleashed a tax cut bonanza in the House of Commons today, helping millions of Brits keep hold of more of their money
Made.com to cut staff as it mulls sale of the business September 23, 2022 Beleaguered retailer Made.com said it will conduct a strategic review of its future options, including job cuts and possible sale of the business. The online furniture and homewares firm came to market in January last year at a price of 200p per share, valuing the group at £775m. The shares have steadily slumped ever since [...]