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M&S enjoys 'strong' Christmas but ASOS hit by supply woes during festive season

January 13, 2022
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Two major players in fashion retail have reported differing fortunes in terms of momentum over Christmas, with Marks and Spencer (M&S) having more to smile…

Energy crisis: Ovo Energy informs staff of 1,700 job losses as union rounds on management

January 13, 2022
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Ovo Energy, the UK's third-largest household supplier, has informed staff of its decision to cut its workforce by a quarter.

Tesco hails Christmas sales growth 'despite growing cost pressures and supply chain challenges'

January 13, 2022
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The UK's largest supermarket chain has reported a strong Christmas for sales in the face of "growing cost pressures and supply chain challenges".

'Britcoin': There isn't a 'convincing case' for a digital currency in the UK, House of Lords committee says

January 13, 2022
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Creating an official digital currency in the UK could pose "significant risks" to banks, a House of Lords committee has warned.

Benefits hike should be doubled to protect poorest from cost of living surge - IFS

January 12, 2022
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Benefits need to be hiked by twice as much as planned this spring in order to protect millions of the poorest in society from the…

Jobs at risk as Johnson Matthey plans to close battery materials division

January 12, 2022
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UK industrial company Johnson Matthey plans to close its battery materials business, employing 430 people, after failing to find a buyer.

Biden admits 'more work to do' as US inflation hits 7% for first time in nearly 40 years

January 12, 2022
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US inflation has hit 7% for the first time in 40 years in the latest sign of the cost of living pressures squeezing consumers across…

Joe Biden admits 'more work to do' as US inflation hits 7% for first time in nearly 40 years

January 12, 2022
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US inflation has hit 7% for the first time in 40 years in the latest sign of the cost of living pressures squeezing consumers across…

Clear winner in battle of Germany's carmakers - as transition to electric brings new challenges

January 12, 2022
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The German car manufacturing industry is, arguably, the most competitive in the world.

COVID: 'VIP lane' used by government to hand out PPE contracts to two companies during first coronavirus wave was unlawful, High Court rules

January 12, 2022
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The government's use of a so-called VIP lane to award PPE contracts to two companies during the first COVID wave was unlawful, the High Court…
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