Though she said the announcement is encouraging, Ms Hatley added that if prices are being maintained, it “would be good for them to share how they are achieving this; for example, are they accepting a lower margin, or is the factory being paid the same for what could be more expensive materials?”
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Ex-BHS director must pay £50m over firm’s collapse
admin, , Business, 0
Ex-BHS director Dominic Chappell has been ordered to pay £50m to cover losses the firm incurred before its collapse....
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Wilko: First job losses confirmed as deal to buy whole firm fails
admin, , Business, 0
The GMB union, which represents about 4,000 Wilko staff, said it remained hopeful for a bid from a viable...
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New car registrations fall to lowest level for two decades
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Trade body the SMMT said UK new car registrations fell 35% due to a shortage of computer chips.
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People rush to book holidays after Covid travel rules relaxed
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Jet2’s Mr Heapy told the BBC’s Today programme that before the rule changes on Wednesday, bookings were “well below”...
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Banks warned over ‘weak excuses’ for savings rates
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“If the high street banks continue to pay poor savings rates on their instant access accounts, they should make...
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Families face debt squeeze as prices keep rising
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Prices, as measured by inflation, are currently rising at a rapid rate – the fastest since 1992. This means...
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UK pledges thousands of new jobs in freeports plan
admin, , Business, 0
The UK is to announce five new freeports and a new investment zone in the Budget next week as...
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Firms opt for smaller Christmas parties over Omicron fears
admin, , Business, 0
“The government needs to recognise that, while restrictions are not in place for the hospitality and night time economy...
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