Paul Dales, chief UK economist at Capital Economics said that while the 1.4% fall in retail sales was “disappointing”, he said it “may not mean that overall consumer spending is much weaker than we have been expecting if there was just a bigger shift in spending from the shops to the pubs as indoor hospitality reopened in mid-May”.
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FTSE 100 suffers worst year since financial crisis
admin, , Business, 0
“The factors which worked against the FTSE-100 in 2020 – the pandemic, a deep recession and Brexit – will...
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Bid to make financial terms and conditions clearer
admin, , Business, 0
Sheldon Mills, executive director of consumers and competition at the FCA, told the BBC this meant terms and conditions...
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BA suspends sales of short-haul tickets from Heathrow
admin, , Business, 0
In a statement, BA said: “As a result of Heathrow’s request to limit new bookings, we’ve decided to take...
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The insect farmers turning to AI to help lower costs
admin, , Business, 0
Some 5,000 miles away in Lithuania, insect farm software provider Cogastro is also working on an AI-based system. It...
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Shakira: Singer settles Spanish tax fraud case with €7.5m fine
admin, , Business, 0
“Unfortunately, and despite these efforts, tax authorities in Spain pursued a case against me as they have against many...
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Budget: Rishi Sunak promises help as Covid restrictions ease
admin, , Business, 0
Speaking to Sophy Ridge, she said Labour would “look carefully” at proposals on corporation tax but added: “What we...
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‘I’m stuck in my flat due to £4k service charge’
admin, , Business, 0
Kasun Kalirai feels “stuck”, struggling to sell the flat he loves, that he would never have put on the...
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Qantas promises direct flights from Sydney to London and New York
admin, , Business, 0
Mr Charles, who now runs a travel consultancy, said: “It’s fine if you’re in business class and at the...
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