“The solid rise in retail sales volumes in January adds to the signs that the Omicron-induced hit to activity was smaller and shorter-lived than previously thought. Even so, the cost of living crisis means the outlook for retailers is anything but bright,” said Adam Hoyes, economist at Capital Economics.
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Spring Statement: Borrowing figures give Rishi Sunak ‘wiggle room’
admin, , Business, 0
Sir Charlie Bean, who was responsible for economic forecasts at the government’s independent forecaster, the Office for Budget Responsibility...
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Elizabeth Holmes testifies she ‘never’ misled investors
admin, , Business, 0
Ms Holmes has accused Mr Balwani, 19 years her senior, of emotional and sexual abuse. She described an intense...
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Wilko: Warning warehouse staff face redundancy
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In a note to its members, the GMB said: “Although further details have been requested from the bidder, we...
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Black Friday: Amazon staff in Coventry strike
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“We also work hard to provide great benefits, a positive work environment and excellent career opportunities. These are just...
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Arcadia: ‘No last minute rescue’ for Topshop owner
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The company, which includes Topshop, Burton and Dorothy Perkins, is set to enter administration on Monday.
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Weddings on hold again after ‘confusion’ over rules
admin, , Business, 0
“The roadmap indicated weddings and receptions could resume on 12th April. We have now discovered, not by being offered...
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Energy bills forecast to rise in January to £1,996
admin, , Business, 0
From October a typical dual-fuel household will pay £1,923 a year until December, which is down from £2,074 in...
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Mortgage rates: Average two-year fix now above 6%
admin, , Business, 0
More than 400,000 people will see their existing fixed deals end between July and September, a comparatively high number....
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