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4316 Search results for cost of living crisis

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  • Staff left in the dark leads to ‘unengaged employees’ as half of all Brits want new job, warns Aspire chief

    July 28, 2022

    Almost two thirds businesses have not communicated with their staff about the Russian invasion of Ukraine, according to research shared with City A.M. today. While a third of businesses have spoken to their employees about the invasion of Ukraine, almost half of these businesses have not yet outlined their plans with regard to whether they [...]

  • Sales overflow for drink giants Diageo and AB InBev as consumers still opt for pricey tipples

    July 28, 2022

    Global drinks titans Diageo and AB InBev have reported overflowing sales after the easing of Covid lockdowns has driven punters back into bars. Johnnie Walker maker Diageo posted net sales of £15.5bn, an increase of 21.4 per cent, which it accredited to the pub and bar sector recovering from the side effects of Covid 19 [...]

  • Exclusive: Industry body urges Tory leadership contenders to back fracking

    July 28, 2022

    The UK's leading onshore energy body has called on the two Tory leadership contenders to lift the moratorium on fracking.

  • British Gas owner Centrica restores dividend amid massive profits from soaring oil and gas prices

    July 28, 2022

    Centrica has restored its dividend, with the energy giant enjoying a post-pandemic rebound, powered by soaring oil and gas prices.

  • Court security guards call off strike after OCS offers pay deal

    July 28, 2022

    Court security guards have called off plans to strike after outsourcing firm OCS offered to up their pay by up to 8.3 per cent and hand over a raft of other benefits. Workers employed by Crawley contractor OCS on the Her Majesty’s Courts and Tribunal Services (HMCTS) contract have suspended plans to strike while they [...]

  • Labour shadow transport minister defies party and joins striking train workers

    July 27, 2022

    Labour’s shadow minister for buses and local transport has defied Keir Starmer’s orders not to join picket lines for striking workers. Sam Tarry justified his decision speaking on Good Morning Britain this morning, saying: “If we don’t make a stand today, people’s lives could be lost.” This comes after Labour leader Sir Keir Starmer, who [...]

  • Rishi Sunak under fire for ‘flip-flopping’ on tax after promising to cut VAT on energy bills

    July 27, 2022

    Tory leadership hopeful Rishi Sunak has been accused of “flip-flopping” on tax after pledging to cut VAT on energy bills and interrupting his rival Liz Truss in two debates in recent days. It came after the Tory leadership hopeful unveiled plans to remove VAT from domestic energy bills for a year if the price cap [...]

  • Parsley Box Group expects loss as it invests in new products to help with cost of living crisis

    July 27, 2022

    Meal delivery service  Parsley Box Group had a dip in revenue and order numbers, as it invested in new products to attract customers amid the cost of living crisis.  The company had a drop in income from the previous year, down to £9.6m from 14m, while its new customer revenue was under £1m, from £3m [...]

  • Marston’s: No ‘discernible change’ to pub chain sales amid cost of living crunch yet

    July 27, 2022

    Marston’s has said there has been no dramatic change in punter sales at the pub chain since the cost of living crisis. In a trading update for the 42 weeks to 23 July 2022, the pub chain acknowledged sales were two per cent below 2019 levels. However, the pub chain put this down to the [...]

  • Long Covid-19 deals £1.5bn blow to workers, IFS finds

    July 27, 2022

    Britons suffering from long Covid-19 are missing out on £1.5bn in earnings as a result of being too ill to work, a new study published today reveals. Some 110,000 workers are missing from work because they are on sick leave with lingering symptoms of the virus, according to the Institute for Fiscal Studies (IFS). Each [...]

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