Elsewhere, the boss of the Federation of Small Businesses, said its members had warned they would have “no choice but to increase prices, reduce wages or let staff go”, if the government proceeded as planned, due to other increases in the National Living Wage and business rates.
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Bank of England hints at future interest rate rise
admin, , Business, 0
The message from the Bank of England is that the economy has been hit by supply chain bottlenecks, both...
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Why can’t the US stop soaring oil and gas prices?
admin, , Business, 0
And while many small private companies, like Mr Wendt’s, are still pushing to boost output, the biggest firms have...
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Lastminute.com failed to meet Covid refund deadline
admin, , Business, 0
“Despite being given ample time to return all outstanding refunds to customers – as well as clear instructions regarding...
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All Wilko shops to shut with 12,500 jobs likely to go
admin, , Business, 0
Nadine Houghton, national officer at the GMB union, said: “Wilko was far more than a brand, a retailer or...
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US labels Switzerland a currency manipulator
admin, , Business, 0
The designations came in the US Treasury Department’s semi-annual report, which examines currency practices of major US trade partners.
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UK economy flatlines as higher interest rates bite
admin, , Business, 0
Asked if he would be looking to reduce taxes in the Autumn Statement on 22 November, Mr Hunt said...
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‘Serious concerns’ about CrossCountry rail service
admin, , Business, 0
The transport secretary has voiced “serious concerns” about rail operator CrossCountry and threatened to take action if things do...
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Ukraine war: Russia to keep key gas pipeline to EU closed
admin, , Business, 0
“That really has huge ramifications for gas in Europe which is about four times more expensive than it was...
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