Prices, as measured by inflation, are rising at a rate of 9% a year, the fastest for 40 years. Interest rates, which also affect the cost of living, were increased to 1.25% on Thursday by the Bank of England – the highest they have been for 13 years.
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Paddling pools for dogs boost Pets at Home sales
admin, , Business, 0
“Covid-19 has structurally altered the dynamics of the UK pet care market, with changes to the way we work...
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Fears for UK economy grow as higher prices bite
admin, , Business, 0
Elsewhere, other firms reported price rises to other inputs such as animal feed, chemicals, aluminium, steel, cooking oil and...
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Rishi Sunak warns of tough few months as inflation soars
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“There are desperate stories behind these figures,” Dame Clare Moriarty, the charity’s chief executive, said. “People washing in their...
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GameStop: Share buying mistakes ‘on the rise’
admin, , Business, 0
“We document that for more than a half of publicly trading stocks you can find a firm with a...
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Energy bills predicted to fall from July by nearly £450
admin, , Business, 0
Ofgem’s current cap for an average household is £3,280, but consumers aren’t directly affected by it because the government’s...
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HS2: Johnson warns against ‘mutilated’ version of rail link
admin, , Business, 0
The bosses of dozens of businesses and business groups – including Manchester Airports Group, British Land, Virgin Money, and...
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US says falling trade with China could be positive
admin, , Business, 0
“But if you look at the increased imports from Southeast Asia into the United States, it appears that a...
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Johnson & Johnson to pay $230m to settle opioid claim
admin, , Business, 0
“Johnson & Johnson helped fuel this fire, but today they’re committing to leaving the opioid business – not only...
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