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      Europe has made a ‘major mistake’ on slow electrification, IEA chief warns 

      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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4293 Search results for cost of living crisis

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  • Farringdon’s iconic Piano Works snapped up by listed bar giant

    February 20, 2024

    Alan Lorrimer, founder of The Piano Works, said: "We now have the potential to expand The Piano Works and prove that customers across the country will love our immersive audience requested live music experience."

  • Regulator launches investigation into baby formula market

    February 20, 2024

    The CMA investigation, which was launched today, came off the back of a November study which found manufacturers raised prices by 25 per cent over two years, increasing profit margins during the cost-of-living crisis.

  • Prince William’s Homewards announced as The Lord Mayor’s Appeal new charity

    February 20, 2024

    The Lord Mayor’s Appeal and The Royal Foundation of The Prince and Princess of Wales have announced a new partnership in support of Homewards. Launched in 2023 by Prince William and The Royal Foundation, Homewards is a transformative five-year programme that aims to demonstrate that by working together, it’s possible to end homelessness, making it [...]

  • UK’s largest nightclub operator Rekom owed over £120m as it collapsed into administration and cut 470 jobs

    February 19, 2024

    The UK's largest nightclub operator owed more than £120m as it collapsed into administration and cut almost 500 jobs before a rescue deal was agreed.

  • High interest rates set to dampen lending to firms in 2024 before rebound next year

    February 19, 2024

    High interest rates are expected to limit banks' lending to businesses this year before a rebound in 2025, according to a new forecast, as sticky inflation and high interest rates dent firms' confidence.

  • ‘Come together’ Sunak tells Conservatives after by-election blows

    February 17, 2024

    Rishi Sunak has called on British conservatives to “come together” after a bruising set of by-election defeats in Wellingborough and Kingswood.

  • Brits to get ‘much-needed respite’ with energy price cap to drop by 15 per cent

    February 16, 2024

    It said the cap will keep going down until July, which is also due to the seasonal change, causing less Brits to use oil and gas for heating especially.

  • Christie: Hospitality services group ‘improved’ after Wilko-affected torrid year

    February 15, 2024

    Since August 2023 its share place dropped dramatically from 147.5p to 110.0p per share, representing a 27.27 per cent share decline overall in the last 12 months.

  • Rachel Reeves: ‘Britain didn’t need a recession to bring down inflation’

    February 15, 2024

    "I don’t buy this argument that you need to have a recession to get inflation down," the shadow chancellor said at a press conference.

  • Why the traditional ‘9-5’ could be a thing of the past

    February 15, 2024

    Ditching the traditional 9-5 career path could be the next generational trend, new research shows.

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