Cash usage increases for first time in over a decade as cost of living crisis bites September 14, 2023 Cash payments increased for the first time in a decade last year as concerns over the cost-of-living crisis prompted Brits to take out more cash.
Most UK adults experiencing ‘retirement anxiety’ as inflation forces savings raid September 13, 2023 The majority of UK adults are anxious about retiring, a new survey out today shows, as Brits are forced to raid their savings to make ends meet as the cost of living soars.
Banks call for incentives to stabilise used electric vehicle market September 13, 2023 The expensive cost of buying an EV has been one the most significant barriers in holding back wider adoption, ahead of a looming 2030 ban on the sale of new petrol and diesel vehicles.
The Notebook: Ian Whittaker on brand activism, the price of streaming and why you should give the 5am wake-up call a try September 13, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s leading City analyst Ian Whittaker Why businesses now have another worry on their list: the politics of their consumers The story of Bud Light is set to become a textbook classic of marketing courses everywhere. For those who are not [...]
Inflation forces firms to ditch ESG initiatives September 12, 2023 Inflation and rising costs are forcing firms to leave behind ESG initiatives in an effort to “keep their heads above water,” per a new survey. Firms are being forced into supply chain changes due to rising costs as well as disruption. Some 90 per cent of supply chains have experienced disruption in the past year, [...]
City groups call for action to prevent government rail fare hike September 12, 2023 Ticket prices could shoot up eight per cent if the DfT uses the same metric as it did this year to calculate the increase.
Barclays: Bank to cut 450 jobs as union brands move ‘unnecessary and unjustified’ September 12, 2023 British bank Barclays has told staff it is planning to cut around 450 jobs across the business, trade union Unite has said. Mid- to senior-level staff at the business’s head office are likely to be affected, the PA news agency understands. Unite, which represents staff members at the bank, said it was an “unnecessary and [...]
Grocery price inflation drops to its lowest level in over a year September 12, 2023 Grocery price inflation dropped to its lowest level in over 12 months, falling 12.2 per cent for the four weeks to September, new data shows.
FCA poised for fresh clampdown on firms with new marketing rules September 12, 2023 FCA poised for fresh clampdown on firms with new marketing rules
A remarkable effort to turn grim tragedy into something positive September 12, 2023 More than two decades on, the sheer visceral terror of the September 11 attacks continues to linger. Few working in the City then, in a world of global finance, did not know someone caught up by the assault on New York in some way. In the world before immediate smartphone communication, those were anxious days [...]