Junior doctors threaten ballot to strike over NHS ‘paltry’ pay August 31, 2022 The summer of discontent is set to widen to junior doctors next month, with the British Medical Association to ballot junior doctors for industrial action. The organisation held an emergency meeting this week, with its co-chairs writing to the secretary of state for health and social care, Steve Barclay, expressing their concerns about pay. The [...]
Brits scramble to borrow more than £100bn with average loan hitting £5k as cost of living crisis deepens August 31, 2022 Brits will borrow £101.1b on new credit cards, loans, overdrafts and other forms of new credit arrangements in the next 12 months, new data shows today, Research undertaken by YouGov on behalf of financial services review platform Smart Money People, found that 71 per cent of people currently have less disposable income than they would [...]
Union boss accuses Royal Mail of becoming ‘another part of the gig economy’ as strikes continue August 31, 2022 Royal Mail union boss has accused the delivery giant of turning its service into "another part of the gig economy," as strikes continue.
Fuel be surprised: Co-op sells petrol business to rival Asda for £600m August 31, 2022 The Co-operative Group (Co-op) has announced it will sell the company's petrol forecourt business to Asda in a £600m deal.
Food prices up 5.1 per cent in last month as pressure mounts on shopper August 31, 2022 Supermarkets across the UK hiked prices by 5.1 per cent in the 12 months to August, according to new data from the British Retail Consortium (BRC).
Strikes start today at media group Reach after talks over journalist pay break down August 31, 2022 Daily Mirror and Daily Express journalists are set to go on strike over pay today after talks with media group Reach broke down.
Pubs and restaurants face ‘widespread business failure’ in absence of energy bill support August 30, 2022 Pubs and restaurants are facing “widespread business failure” in the absence of government support as energy bills swell, hospitality chiefs have said. In a letter to ministers, UKHospitality has warned that tens of thousands of jobs could be lost as the UK enters the colder months, as businesses are hit with increasing headwinds. Writing to [...]
London’s FTSE 100 gives up early gains as investors fret over looming downturn August 30, 2022 London’s FTSE 100 today initially batted away fears of a tough recession in the UK, before giving up gains later in the day. The capital’s premier index fell 0.88 per cent to 7,361.63 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, shed 0.1 per [...]
Inflation could soar to over 22 per cent if gas prices stay high, Goldman warns August 30, 2022 Inflation could soar to the highest level since 1975 if global gas prices do not fall from their historic highs, a Wall Street investment bank warned today. The cost of living would climb to a peak of 22.4 per cent if the energy watchdog is forced to heap even more woe onto households by passing [...]
Hotels cashed in on scorching summer but face gloomy winter freeze August 30, 2022 British hotels cashed in last month during a scorching heatwave, but the industry fears its profits will freeze up as the UK prepares for bleak economic times. Holiday destinations across the country had a record-breaking summer with a new survey showing more than 77 per cent occupancy in July compared to 73 in June. This [...]