Reform business rates to keep food prices low, retail sector warns October 31, 2023 The rate at which food prices are increasing sank to its lowest level since last summer this month, as sector heads make fresh calls to the government to slash business rates to ensure the deceleration continues. According to the latest reading from the British Retail Consortium (BRC) food inflation came in at 8.8 per cent [...]
‘A few people tried to talk me out of it’: The Deutsche Bank analyst who opened up thriving Farmer J lunch chain October 31, 2023 Farmer J is on track to hit sales of c.£17m in 2023 and it has plans to open six more site launches next year.
Small business confidence grows — but it’s still stuck in negative territory October 30, 2023 Small business confidence has not been in positive territory since last year
Porsche defies economic gravity as luxury cars outpace recession fears October 25, 2023 Porsche reported a jump in sales and profits thanks to strong performances from its bestselling Cayenne series and all-electric Taycan.
Britons dump working from home as soaring energy bills chase workers back into the office October 24, 2023 Recent research reveals that the cost of living crisis and soaring energy bills are pushing workers back to the office.
How Ofgem can restore trust in the energy market October 23, 2023 Ofgem is still scrambling to revamp the energy market - City A.M. has made some suggestions to ensure it is competitive and robust.
SMEs fear winter supply chain crunch could hit revenue in golden Christmas quarter October 22, 2023 Supply chain disruption is the top concern of medium-sized businesses ahead of winter, a survey has found, as rising costs put pressure on revenue targets. The poll of 500 medium-sized business leaders by consultancy BDO showed nearly a quarter fear that supply chain issues, including suppliers folding and stock shortages, could endanger revenue targets this [...]
Port charges making decarbonisation ‘uneconomical’, says rail freight boss October 19, 2023 The boss of one of the UK’s biggest rail freight operators has bemoaned high loading charges levied by ports as “uneconomic” for the sector.
Tesla: Profits tumble as Musk’s price war hits carmaker’s bottom line October 19, 2023 Tesla has reported a near half slump in its third quarter net income, as Elon Musk’s aggressive price cutting strategy continues.
Ofgem boss reignites calls to reform energy price cap as winter looms October 19, 2023 Ofgem boss Jonathan Brearley has doubled down on his criticisms of the energy price cap, raising doubts over its future role in the market.