Business news


 UK performance keeps Currys on track to meet reduced profit target

UK performance keeps Currys on track to meet reduced profit target

January 18, 2023 07:57 AM AEDT | By PAMEDIA

The electronics retailer said a better-than-expected performance in the UK and Ireland managed to offset its struggles in Scandinavia.

 Inflation eases back further, but food prices continue to soar

Inflation eases back further, but food prices continue to soar

January 18, 2023 07:30 AM AEDT | By PAMEDIA

The Office for National Statistics said the rate of Consumer Prices Index inflation fell to 10.5% in December from 10.7% in November.

 TonyBet fined £442,750 and warned on failure to have fair and transparent terms

TonyBet fined £442,750 and warned on failure to have fair and transp...

January 18, 2023 07:21 AM AEDT | By PAMEDIA

Unfair terms published on TonyBet’s website potentially hampered customers receiving their winnings, the Gambling Commission said.

 Inflation set to ease back further thanks to steep fall in fuel prices

Inflation set to ease back further thanks to steep fall in fuel pric...

January 18, 2023 02:45 AM AEDT | By PAMEDIA

Economists expect official figures will reveal the rate of inflation falling to 10.5% last month from 10.7% in November.

 Unions to meet Education Secretary after teachers vote to strike over pay

Unions to meet Education Secretary after teachers vote to strike ove...

January 18, 2023 12:01 AM AEDT | By PAMEDIA

Gillian Keegan has said she will work with head teachers to make sure schools are open for as many children as possible.

 Business committee opens EV battery supply inquiry after Britishvolt collapses

Business committee opens EV battery supply inquiry after Britishvolt...

January 17, 2023 06:36 PM AEDT | By PAMEDIA

It came hours after electric car battery firm Britishvolt tumbled into administration and made the majority of its roughly 300 staff redundant.

 FTSE slips back after briefly striking four-year high

FTSE slips back after briefly striking four-year high

January 17, 2023 05:13 PM AEDT | By PAMEDIA

London’s top index finished the day down 9.04 points, or 0.12%, at 7,851.03.

 Inflation set to ease back further thanks to steep falls in fuel prices

Inflation set to ease back further thanks to steep falls in fuel pri...

January 17, 2023 05:10 PM AEDT | By PAMEDIA

Economists expect official figures will reveal the rate of inflation falling to 10.5% last month from 10.7% in November.

 Three in five people blame Government for length of pay row with nurses – poll

Three in five people blame Government for length of pay row with nur...

January 17, 2023 05:05 PM AEDT | By PAMEDIA

Some 57% of people said the UK Government is more at fault for the length of the industrial dispute with nurses.

 Warning of ‘significant disruption’ on February 1 day of mass strike action

Warning of ‘significant disruption’ on February 1 day of mass strike...

January 17, 2023 04:42 PM AEDT | By PAMEDIA

Rail, education and civil service unions are among those taking industrial action on February 1.

 What next for gigafactory site as Britishvolt collapses?

What next for gigafactory site as Britishvolt collapses?

January 17, 2023 04:21 PM AEDT | By PAMEDIA

What is the story of Britishvolt, what had it promised, and what happens now?

 Paperchase confirms sale talks after reports administrators lined up

Paperchase confirms sale talks after reports administrators lined up

January 17, 2023 04:02 PM AEDT | By PAMEDIA

The stationery chain stressed it is still considering a solvent sale as a going concern and has had interest from a number of possible suitors.

 RMT train drivers to join strike action next month

RMT train drivers to join strike action next month

January 17, 2023 03:38 PM AEDT | By PAMEDIA

The union said its members at 14 train operators will walk out on February 1 and 3.

 Failure of battery factory plan hailed by Boris Johnson just a year ago

Failure of battery factory plan hailed by Boris Johnson just a year...

January 17, 2023 03:21 PM AEDT | By PAMEDIA

The then-prime minister said the plan would be part of the UK’s green industrial revolution – but it has gone into administration

 Revolution Bars to close sites on Mondays and Tuesdays over energy bills

Revolution Bars to close sites on Mondays and Tuesdays over energy b...

January 17, 2023 03:05 PM AEDT | By PAMEDIA

Shares in the company tumbled by as much as a quarter on Tuesday as the hospitality firm also recorded a hit to trade from industrial action.

 Third of dog owners ‘fear living costs will hit ability to care for their pet’

Third of dog owners ‘fear living costs will hit ability to care for...

January 17, 2023 02:58 PM AEDT | By PAMEDIA

Some 3% of dog owners said the impact of the cost-of-living crisis will mean they will have to give up their dog before 2023 is out.

 Boosting workforce to focus on over-50s, carers and long-term sick – Stride

Boosting workforce to focus on over-50s, carers and long-term sick –...

January 17, 2023 02:44 PM AEDT | By PAMEDIA

The Work and Pensions Secretary hinted at interventions to tackle economic inactivity to be announced in the coming weeks.

 Ryanair secures record bookings as consumers plan Easter and summer trips

Ryanair secures record bookings as consumers plan Easter and summer...

January 17, 2023 02:11 PM AEDT | By PAMEDIA

Chief executive Michael O’Leary said it received 2.03 million flight bookings last weekend.

 Headteachers may have ‘no choice’ but to close schools amid strikes – union boss

Headteachers may have ‘no choice’ but to close schools amid strikes...

January 17, 2023 02:07 PM AEDT | By PAMEDIA

Education Secretary Gillian Keegan is due to meet union leaders on Wednesday in a bid to avert teacher walkouts.

 Union accuses Royal Mail of ‘intimidation’ tactics amid most ‘bitter’ dispute

Union accuses Royal Mail of ‘intimidation’ tactics amid most ‘bitter...

January 17, 2023 02:06 PM AEDT | By PAMEDIA

The Communication Workers Union (CWU) said Royal Mail is ‘waging war’ against its workforce and postal workers are being undermined.

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