Watches of Switzerland share price plummets 27 per cent after Rolex deal for Bucherer August 25, 2023 Shares in Watches of Switzerland fell over 27 per cent this morning following news that Rolex had bought fine jeweller Bucherer AG. This morning the luxury watch seller, which deals Rolex timepieces, tried to stave off investor concerns that the acquisition would hinder sales at the company. “There will be no change in the Rolex [...]
Brits braced for high winter energy bills as Ofgem cuts price cap slightly August 25, 2023 Energy bills will remain high this winter and above normal levels, despite watchdog Ofgem confirming a minor reduction in the price cap.
Have a problem with Ulez? Then give London the means to raise its own revenue August 25, 2023 Giving London more power to retain revenues is critical to ensure a sustainable future for the capital, while also delivering better bang for our buck.
Who’s really to blame for your car insurance getting more expensive? August 24, 2023 Ask anyone who has renewed their car insurance this year and they will tell you it has gone through the roof. But who, or what, is to blame for the surge in prices?
Sweeping powers to hike broadband bills must be stopped August 24, 2023 Consumer group Which? has accused Virgin Media of 'breaking the law' with new price increases.
PureGym: “If we build it, they will come” says gym chain riding out cost hikes August 24, 2023 Value fitness club PureGym appears to have muscled its way through the start of the cost of living crisis with revenues spiking almost a fifth. During the quarter it steamed ahead with its expansion plans to open one new site per week, amounting to 20 new sites in the UK. The business, which offers competitive [...]
Ocado unveils price cuts on 200 goods as shares rise slightly August 23, 2023 Ocado’s share price grew just under one per cent on Wednesday following news it would slash prices on 200 more goods to entice customers. In recent months the tech-driven supermarket, which is owned as part of a joint venture with M&S, has been distancing itself from its reputation as an upmarket grocer with the brand [...]
Staff at UK aviation regulator vote to strike in feud over pay August 23, 2023 Workers at the Civil Aviation Authority (CAA) have voted overwhelmingly in favour of industrial action in a dispute over pay. Members of the Prospect union backed strikes by 2-1 and by almost 9-1 for other forms of industrial action. The union said the CAA had refused to provide a “fair” pay rise for this year. Prospect added [...]
Waitrose: Supermarket gets with the times and launches £5 meal deal August 23, 2023 Upmarket grocer Waitrose has followed in the footsteps of its fellow highstreet stores and launched a meal deal offer. It will launch the British lunchtime staple, which usually consists of a sandwich, drink and snack, on the 30th of August, pricing it at £5. Waitrose has sold pre-packaged sandwiches and wraps in its stores but [...]
Homes more affordable but borrowers stretched by rising mortgage costs August 23, 2023 The cost of a typical house is 6.7 times average earnings in Britain despite the recent slowdown in the property market, according to new figures. Mortgage lender Halifax said this is down from a record high of 7.3 times average earnings last summer, when a UK home cost an average £293,586 and the average annual [...]