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20901 Search results for Inflation

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  • Oil prices climbs above $95 per barrel as weak US output worsens supply woes

    September 19, 2023

    Oil prices are within touching distance of the $100 milestone, after underwhelming levels of shale production in the US.

  • Uefa says Paris Saint-Germain are not under investigation over sales to Qatari clubs

    September 19, 2023

    Uefa says it is not currently investigating Paris Saint-Germain over the sale of three first-team players to Qatari clubs.

  • H&M follows Next, Zara and Boohoo to charge shoppers for online returns

    September 19, 2023

    H&M has become the latest retailer to charge shoppers to return their online shopping purchases.  Customers will now be asked to pay £1.99 when they want to take back purchases they made on the H&M website, according to reports in BBC. The retailer told the outlet it introduced the scheme during the summer.  Fellow high [...]

  • Eurozone inflation revised slightly down – but it’s still twice the ECB’s target

    September 19, 2023

    Eurozone consumer inflation in August was slightly lower than initially estimated, the European Union’s statistics office Eurostat said on Tuesday, but still remained more than twice the European Central Bank’s target. Eurostat said inflation in the 20 countries sharing the euro was 0.5 per cent month-on-month in August and 5.2 per cent year-on-year, lower than [...]

  • UK set for stubborn inflation and slow growth, OECD warns

    September 19, 2023

    Inflation in the UK will be higher than previously expected next year while growth will be lower, according to cheerful new forecasts from the Organisation for Economic Co-operation and Development (OECD).

  • FTSE 100 close: Strong results from Hargreaves Lansdown and Ocado tip index into green

    September 19, 2023

    Strong performances from Hargreaves Lansdown and Ocado helped tip the FTSE 100 into the green despite concerns around inflation.

  • Till sales surge as retailers boosted by sunny September and back to school deals

    September 19, 2023

    A bout of unusually hot weather in early September helped hike grocery sales at UK supermarkets, with total till sales surging 10.3 per cent in the last four weeks ending 9 September.  According to data from NIQ, the figure rose up from 7.2 per cent during the wet July and early August, which deterred shoppers [...]

  • Naked Wines: Chair apologises after economy corks revenues

    September 19, 2023

    In a letter to shareholders, the chairman of Naked Wines apologised after the online booze supplier reported disappointing full year results. In a trading update the British wine supplier said new customer investment dropped by 48 per cent, while repeat customer contribution stayed roughly flat. Shares dropped ten per cent on Tuesday morning. New sales [...]

  • Britain’s future cars could help drive home the winner of the next election

    September 19, 2023

    As we gear up for an election, the automotive industry finds itself in a peculiar place. It is not merely a footnote in political discourse - it’s become the headline act of the next election. 

  • We’ve maxed out our credit card of taxes but we still need more cash

    September 19, 2023

    We can't raise taxes, but we need more money to fix our crumbling services.

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