Sunshine Saturday: Holiday bookings soar as Brits rush to get best deal amid cost-of-living squeeze January 6, 2023 Holiday bookings are set to skyrocket this Saturday as thousands of Brits rush to get the best deal amid the cost-of-living crisis. Figures published today by tour operator trade body ABTA show 61 per cent of people are planning to have a holiday abroad this year. Of those, 31 per cent say they want to [...]
The verdict: Experts react to Keir Starmer’s plan for the economy January 5, 2023 Keir Starmer is right to harness the power of government and business working together to fix the UK economy, but “time will tell” whether Labour sticks to sensible spending, economists judged after his maiden speech of 2023 today. Speaking in East London, the opposition leader promised to work side by side with private firms to [...]
Britain’s 1.6m temp workers risk missing out on close to £100m in unclaimed holiday pay January 5, 2023 Amid a 40-year inflation high, soaring energy bills and rising mortgage payments, Britain’s 1.6m temporary workers have been urged to claim an estimated £97m worth of unclaimed holiday pay from employment agencies and umbrella companies engaging them. The urgent call comes from a support group for independent workers, IWORK, that has brought to light that many of the UK’s flexible workforce are [...]
Cost of living crisis: UK lawyers braced for talent war and surge in fraud cases January 5, 2023 Lawyers working in top British companies are anticipating a hike in fraud, disputes, and debt recovery cases over 2023 as the UK’s economy takes a turn for the worse, a new survey shows. In-house lawyers expect they will be forced to deal with the fallout of the UK’s cost-of-living crisis as the economic downturn sets [...]
Pret launches a value sandwich meal deal, but what can you get and for how much? January 5, 2023 A sandwich for under £3 and a baguette deal for a fiver are part of Pret A Manger’s new value range meal deal announced today. With the cost of living crisis continuing to bite into millions of Brits’ earnings and savings, high-street favourite Pret is now offering food deals to make lunch cheaper. The new [...]
The Meal Deal Inflation Index: Tesco, Greggs, Boots and more January 5, 2023 Times are hard – with a cost of living crisis, inflation, and seemingly constant grey skies. Add strikes to the mix and it’s almost too much to get out of bed. But there is worse than even that – the hardy meal deal, the friend of the cost-conscious Londoners, is no longer quite the value [...]
What we’ll be eating in 2023: A guide to top new food trends, from seaweed to set menus January 5, 2023 London is one of the dining capitals of the world, representing every corner of global cuisine and sending ripples across the world with its food trends. We asked some top chefs what they think will be the big food trends of 2023, with answers ranging from lots more seaweed to a resurgence of “proper” Neopolitan [...]
Ryanair’s profits ‘will rise’ as recession forces passengers to opt for cheaper fares January 5, 2023 Low-cost airline Ryanair has raised its profit guidance for its full year 2023 to between €1.32bn (£1.16bn) and €1.42bn (£1.25bn). This is a 25 per cent boost on its initial range of between €1bn and €1.20bn. Analysts at Liberum raised Ryanair’s forecast after a better than expected third quarter; Ryanair carried 11.5 million passengers in [...]
B&M: Bargains boost sales during ‘golden quarter’ – but will shares continue to rally? January 5, 2023 Bargain hunters gave discount retailer B&M a timely Christmas present as it looks to continue a share price rally that has seen its value jump 18 per cent in the last six months. In its third quarter trading update B&M reported 12.3 per cent year-on-year revenue growth of £1.5bn during the 13 week period 25 [...]
The recession could become an opportunity to reskill our workforce January 5, 2023 The job market has undoubtedly taken a hit over the past months. A rapidly rising cost of living has been followed by a wave of layoffs from global companies at the end of last year, including Google, Meta and Amazon. There could be more to come. Although unemployment is not at worrying levels right now, [...]