Business and Economics
Business and Economics News
The worst of rising food prices is ‘yet to come’, supermarket boss warns
It comes amid the cost of living crisis, which will result from surging energy prices and increased national insurance contributions in April.
Freeport tax breaks could let Russia launder money in UK post-Brexit, Lib Dems warn
The Lib Dems have urged Boris Johnson’s government to close a loophole which peers fear would let illegal cash from Russia and other parts of the world into the UK.
Tory energy secretary claims France has lower energy price hikes because it scared investors
"Evidence right here: that gas prices have risen because of industrial scale gas lighting," actor Omid Djalili has said.
French champagne makers say ‘non merci’ to Brexiteers’ pint measure
The pint bottles comeback would make Winston Churchill proud, as this was his favourite champagne measure.
Hundreds of UK jobs will be lost as Nestlé moves production of popular sweets to EU
“This will have a devastating impact on workers and their families,” GMB union national officer Ross Murdoch said.
Bank of England: Households must brace themselves for the biggest annual fall in their standard of living since comparable records began
The sobering announcement has been has been termed 'Black Thursday'.
Shell to hand £6bn to shareholders as oil and gas prices soar
The business said profits have risen dramatically in the last few months.
EU got ninety-nine problems but Brexit ain’t one – analysis
The UK, on the other hand, looks increasingly like "the only country in history to declare sanctions on itself", David Schneider said.
Activists hit out at government for allowing new oilfield weeks after Cop26 climate summit
One campaign group leader said she sees "little to no benefit for UK energy customers or taxpayers", and that "the only winners are the oil firm behind the project”.