Highlights,Train drivers from nine companies have announced fresh strikes in the long running over pay conditions.,The Rail, Maritime and Transport Union (RMT) and the Transport Salaried Staff Association (TSSA) are also planning strike for Thursday 18 Au...
Highlights:,Restaurants are facing several challenges right now due to the pandemic, inflation, and Brexit.,As a result, almost two-thirds of restaurants in the country are facing losses.,The past two years have been highly challenging for,restaurants,. C...
Highlights,According to the Resolution Foundation inflation could go as high as 15% by the start of next year.,The research firm Cornwall Insight has raised its forecast for energy price cap to over £3,600 annually later this year.,The rising cost of esse...
Highlights:,Inflation is at a 40-year-high level and is expected to hit 13% by the end of this year, as per the Bank of England's forecast.,In such a situation, investors can explore stocks that pay a good dividend to get the best out of their investment....
Highlights,UK’s employers slowed their recruitment process through recruitment agencies by the most in 17 months in July amidst uncertainty over the economy.,The Bank of England has raised the borrowing cost for the sixth consecutive months to 1.75% as it...
Highlights,Britain’s construction industry reported first slowdown in 18 months in July due to rampant inflation, higher interest rates, fragile consumer confidence and recession fear.,The latest S&P Global/CIPS UK construction purchasing managers’ index ...
Rising energy bills have contributed significantly towards the escalating cost of living crisis in the UK.
Highlights:,Car sales in July declined by nearly a tenth as global chip shortage hit the manufacturers.,Industry body SMMT has slashed its forecast for the current year and the next year.,The automobile,industry,in the UK is going through challenging time...
Highlights,The cost-of-living squeeze has led to almost six million UK households struggling to afford their essential communication services.,The group has urged government to cut 20% VAT rate on household telecoms bills to 5% in line with other essentia...
Highlights:,Footfall at high street stores and shopping centres reduced in July.,The fall comes amid soaring inflation and extreme weather in the UK, forcing people to stay indoors.,With,inflation,touching record highs, consumer spending habits have chang...