Business and Economics
Business and Economics News
Bank of England ‘losing the battle against inflation’
Once again, "diligent homeowners are forced to shoulder the burden of getting inflation under control, while the banks continue to reap the benefits" - analysis.
Newly-launched taxi app Frenzi to put drivers first
Drivers will be required to pay a flat 57p commission fee on rides, which pales in comparison to industry titan Uber's high percentages.
Good Morning Britain debate explodes over whether Gen Z are ‘lazy workers’
‘They think the world owes them a living!’
‘Like a pin to a balloon’ – Banking jobs in London down 79% since Brexit
Most banks now have EU outposts up and running in Paris and Frankfurt, with London getting increasingly left behind.
Leading economic forecaster says inflation is about to fall rapidly
Good news on the economy as Oxford Economics, a leading forecaster, predicts swifter fall in inflation than previously thought
Greggs planning to open up to another 160 sites
The group opened a record 220 new shops over 2023 and is looking to add between 140 and 160 net new sites in 2024.
Aldi crowned 2023’s cheapest supermarket by Which?
Aldi was the cheapest supermarket for 11 months of the year, with Lidl beating the rival discounter for one month in October, the consumer group said.
Fujitsu announce profits of £22m as directors receive payouts
UK-based Fujitsu Services Ltd received revenues of £1.3 billion, including money from the Post Office itself, which continues to use a newer version of the Horizon system.
Bet365 chief’s pay jumps to over £1 billion in last 4 years
She personally received more than a quarter of the company’s wage and benefit costs for staff, it has been revealed.