Government in danger of missing nuclear targets, warns industry boss November 16, 2022 The Government is in danger of missing pledged targets to ramp up nuclear power and boost the UK's supply security.
House prices up almost 10 per cent on last year as London’s average reaches £544k November 16, 2022 House prices increased almost 10 per cent on last year but were unchanged over August and September, new figures have revealed. The Office for National Statistics’ house price data showed a 9.5 per cent jump over 2022 to September, down from 13.1 per cent in August 2022. House prices however remained unchanged since August 2022, [...]
Magic materials, paperless tickets and Web3: Sports technology trends to watch in 2023 November 16, 2022 Rebecca Hopkins, chief executive of the STA Group, picks out the sports technology trends to watch in the next year. It is exciting to realise how far sport has come in the past 12 months and whilst the post-pandemic era is throwing up more external challenges than could have been predicted, the sector remains as [...]
Experian profits rise as customers lean on credit checks November 16, 2022 Credit checker Experian reported a 21 per cent slump in pre-tax profits in the first half of the year on as soaring inflation and rising interest rates pushed up costs and devalued its assets across Europe and the Middle East.
Premier Foods boosted by consumers eating at home amid rising inflation November 16, 2022 Premier Foods’ revenues continue to rise despite inflation, as the cost of living crisis pushes consumers towards cheaper brands. The London-listed food group, which owns Batchelors, Bisto and Lloyd Grossman brands, has continued to perform well under economic pressure in the UK and across the world. Group revenue rose more than six per cent to [...]
Exclusive: Shopify boss banks on big Black Friday as ‘last cheat meal’ before 2023 hiatus November 16, 2022 Shopify’s European chief says that despite the cost of living crisis, Brits are still planning to spend big this Black Friday, calling it the “last cheat meal before you start a really big diet”. In new data released today, the commerce firm revealed that although inflation was hitting hard, where 78 per cent of people [...]
Everyone wants a pay rise, but we will have to pay with cuts to jobs or services November 16, 2022 The nation seems to be in the grip of an epidemic of cognitive dissonance. Where is Matt Hancock when we really need him to impose a lockdown and save us from this menace? Two major events have put huge strain on the public finances. The pandemic led to government borrowing of some £400bn, around 20 [...]
Rishi Sunak: City should show ‘restraint’ on pay – but no u-turn on banker bonuses November 15, 2022 Rishi Sunak said Britain’s top business bosses needed to show ‘restraint’ on pay this year amid inflation concerns. “In a situation like this, I’m sure executives of most companies will be thinking about pay settlements for senior management, for their workers, and making sure they are fair,” the Prime Minister told broadcasters whilst in Bali [...]
Awful day for Ocado drags FTSE 100 into the red November 15, 2022 London’s FTSE 100 today was dragged down by investors souring on middle-class favourite and online supermarket Ocado. The capital’s premier index fell 0.21 per cent to 7,369.44 points, while the domestically-focused mid-cap FTSE 250 index dropped 0.85 per cent to 19,455.88 points. Ocado’s shares plummeted to the bottom of the FTSE 100 today, taking the [...]
Hunt says council tax hikes coming in Thursday’s fiscal statement November 15, 2022 Jeremy Hunt has said he will hike council tax on Thursday, with the increase set to help pay for social care. The chancellor told MPs today that he will “be asking people who have more, to contribute even more” and that this “will be reflected in our decisions on council tax”. Thursday’s statement will have [...]