Business news

Bid to guarantee tips for hospitality workers moves closer to becomi...

The Bill would introduce a legal obligation on employers to ensure all service charges are paid to staff.

Competition watchdog prioritises work towards market study into home...

The Competition and Markets Authority is considering launching the study soon.

Hospitality closures exceed Covid-hit 2021 levels as energy bills so...

The latest hospitality market monitor showed a decline of 1,611 premises over the fourth quarter of 2022.

Google parent firm Alphabet to cut 12,000 jobs globally

It is the latest tech giant to announce significant cuts after similar announcements from Amazon and Microsoft recently.

The Works posts ‘disappointing’ online sales as losses widen

The stationery and books retailer saw shares slide as much as 20% in early trading after it said ‘online sales softened in the run up to Christmas’.

SSE ups forecast as gas production makes up for renewables shortfall

The energy giant said that the output from its gas power plants was 27% higher over the period when compared to the year before

Education unions in six-hour talks with Government officials to aver...

Seven days of industrial action is planned in England and Wales in a dispute over pay.

Lloyds and Halifax to close 40 branches across England and Wales

Visits to the affected sites have dropped by 60%.

February 6: NHS will see biggest ever strike after fresh walkout ann...

Unite said workers from five ambulance trusts in England and Wales would also join the strike on February 6.

Retailers struggled in December as under-pressure shoppers cut back...

Experts had forecast a 0.5% rise in retail sales volumes – but they dropped 1%.

Retailers struggled over Christmas as embattled shoppers cut back on...

Experts had forecast a 0.5% rise in retail sales volumes – but they dropped 1%.

Bank of England governor: Inflation likely to fall quite rapidly in...

Andrew Bailey said lower energy prices will help drive down inflation in coming months.

Ambulance workers announce fresh strikes in escalation of bitter pay...

Unite said its members across England, Wales and Northern Ireland will stage 10 further strikes in the coming weeks.

London markets slide on lower housing and mining stocks

The FTSE 100 finished the day down 83.41 points, or 1.07%, at 7,747.29.

Hotel Chocolat targets up to 50 new UK shops amid high street boom

Chief executive and founder Angus Thirlwell said ‘as a target, we can be looking towards up to 50 sites over the next three to five years’.

Consumers warned to brace for broadband and mobile bill increases

Millions of broadband and mobile customers face increases of around 14% from April.

Sturgeon: There is a gap between teacher pay demands and what is af...

The First Minister insisted the Government wants the pay dispute with teachers to be over ‘as soon as possible’.

Train companies make ‘best and final offer’ to resolve rail dispute

The offer includes a minimum pay rise of 9% over two years and guaranteed no compulsory redundancies until at least the end of December 2024

Around 1m UK homes have lost all their pandemic price gains, Zoopla...

Weaker market conditions led to housing values starting to fall back in the second half of 2022, the website said.

Aston Martin creating more than 100 jobs with sports car plans

Agency staff will be offered full-time permanent employment