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The British multinational retailer Marks and Spencer Plc (LON: MKS), which specialises in selling clothes, beauty, home, and food products, is in the news after the retailer announced that it is completely leaving its Russian franchise business. It...

• May 26, 2022 01:49 PM BST
• Priya Bhandari

UK’s service industry, which has dominated the country’s economy, is slowly losing confidence. According to the results of a survey conducted by the Confederation of British Industry (CBI), the optimism in the services industry is decli...

• May 26, 2022 01:39 PM BST
• Rishika Raina

UK households will get a breather on energy bills as part of the £10 billion support package to ease the cost-of-living crisis. It came after the UK energy regulator announced that energy bills are likely to shoot up over 40% to hit £2,...

• May 26, 2022 12:16 PM BST
• Priya Bhandari

UK’s blue-chip FTSE 100 index was trading in the green on Wednesday, gaining ground amid the rising volatility in the market. While inflation levels are soaring and economic growth is slowing down, the FTSE 100 index has gone higher, outstrip...

• May 26, 2022 08:50 AM BST
• Rishika Raina

UK Market News: The UK stock market showed a slow trade on Wednesday, though the blue-chip FTSE 100 index gained around a quarter per cent towards the end of the session. Investors piled back commodity and energy stocks that were pummelled on Tuesday...

• May 25, 2022 04:43 PM BST
• Priya Bhandari

Infant formula products have vanished from the shelves in the United States, leading to what is being termed the biggest shortage of the product across the country. The shortage erupted after US healthcare firm Abbott Laboratories recalled some of ...

• May 25, 2022 03:23 PM BST
• Abhishek Sharma

Amid the spiraling cost-of-living crisis, UK employers have raised the average pay of their staff by 4% in the three months to April, according to a survey conducted by XpertHR. Working under 255 employers, over 830,000 employees were covered ...

• May 25, 2022 03:10 PM BST
• Rishika Raina