Engineer exodus to Saudi is damaging major UK infrastructure projects, HS2 contractor warns September 19, 2024 Egis Group chief Laurent Germain said the number of engineers leaving was creating "a lot of tension" during the recruitment process.
Quorn: Meat-free food brand loses more than £60m as supermarket sales slashed September 19, 2024 The company behind meat-free food brand Quorn lost more than £60m during its latest financial year as its sales in UK and US supermarkets continued to decline. The North Yorkshire-headquartered Marlow Foods has posted a pre-tax loss of £63.4m for 2023, having also made a loss of £15.4m in 2022. The last time the Quorn [...]
Inflation stays at 2.2 per cent ahead of Bank of England’s interest rate decision September 18, 2024 The figures come a day before the Bank of England will announce its latest decision on interest rates.
Car insurance prices may be coming back down to earth, data shows September 17, 2024 Results from the UK's major insurers have signalled car insurance costs are beginning to come down, after reaching record levels last year.
Ed Miliband brands renewable energy transition a ‘national security fight’ against nimbys September 17, 2024 Britain’s transition to renewable energy is the “economic justice, energy security and national security fight of our time”, Ed Miliband has said, as he pledged to “take on the blockers”. The energy security and net zero secretary told Energy UK’s annual conference in London that fossil fuel “dependence” continued to leave the UK “deeply vulnerable [...]
Carlton Club: A year of ‘successes and challenges’ for London private members’ club September 13, 2024 The Carlton Club has described facing both “successes and challenges” in its latest financial year as it battled high inflation, rising energy costs, train strikes and wage increases. The private members’ club said “unwelcome challenges” impacted its financial performance in 2023 but that it still managed to increase its surplus before tax by almost £200,000. [...]
Reel Cinemas: Evolution is ‘critical for long-term survival’ September 13, 2024 Reel Cinemas has said the evolution of its business model is “critical for its long-term survival” after its profit was slashed during its latest financial year. The Leicestershire-headquartered independent chain added that it is optimistic for the despite rising costs and the industry remaining “challenging”. The admission comes in newly-filed accounts with Companies House which [...]
Grocery inflation stabilises, but Brits still concerned about shopping costs September 10, 2024 Grocery inflation has returned to its downward trend but nearly two thirds of Brits remain worried about the rising cost of their shopping, according to fresh data. Annual grocery price inflation in the four weeks to 1 September fell to 1.7 per cent, down from 1.8 per cent in the previous four-week period, according to [...]
State pension set to rise by £460 next year amid winter fuel debate September 10, 2024 This would mean that the state pension rises to around £11,962 next year from £11,502, an increase of almost £9 per week.
Ban Russian gas and buy American September 7, 2024 Russian liquefied natural gas continues to be shipped to Europe even though we have a readily available source from our ally across the Atlantic. For Europe’s energy security and to ensure the survival of Ukraine, it’s time to divest from Russian LNG, says Daniel Dalton Keir Starmer has promised “an improved and ambitious relationship” with [...]