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Business news
Real wages continue to fall at fastest rate since 2009, figures show
January 17, 2023 11:37 AM AEDT | By PAMEDIAData from the Office for National Statistics showed that real wages fell 3.9% in September to November compared to the year before.
Online retailer THG warns over profits as sales slow
January 17, 2023 11:35 AM AEDT | By PAMEDIAShares slid after the company, previously called The Hut Group, said it is now due to report adjusted earnings of £70m-£80m for 2022.
Basic groceries up by 30% as supermarket trust plummets – Which?
January 17, 2023 11:24 AM AEDT | By PAMEDIAButters and spreads rose by an ‘astonishing’ 29.4% year-on-year in December, according to tracking by watchdog Which?
Britishvolt faces administration after failed rescue talks
January 17, 2023 10:54 AM AEDT | By PAMEDIAThe Government-backed start-up has been developing a £3.8 billion gigafactory in Blyth, Northumberland.
Nearly £67m of self-assessment tax bills paid via HMRC app since Apr...
January 17, 2023 10:23 AM AEDT | By PAMEDIAThe self-assessment deadline for the 2021-22 tax year is January 31.
Aslef union train drivers announce two more strike dates
January 17, 2023 10:07 AM AEDT | By PAMEDIAMembers will strike on February 1 and 3.
Prime London rents rose by 10.9% across 2022, lettings index shows
January 17, 2023 10:06 AM AEDT | By PAMEDIAAn ongoing imbalance between demand and supply is expected to continue to drive rental growth, Savills said.
Cabinet Office urged to negotiate to avoid civil service fast stream...
January 17, 2023 10:05 AM AEDT | By PAMEDIAFDA union members in the civil service fast stream, the programme for potential leaders, have voted to strike over pay.
Education Secretary cannot guarantee schools will stay open amid tea...
January 17, 2023 09:53 AM AEDT | By PAMEDIAIntroducing minimum service levels would protect ‘vulnerable children’ in schools, Gillian Keegan said.
Crest Nicholson shows slowdown in housing sales
January 17, 2023 09:49 AM AEDT | By PAMEDIAIn the 11 weeks since the start of November, sales per outlet per week were 0.35.
Wise lifts income forecast as it reaps benefits of higher interest r...
January 17, 2023 09:09 AM AEDT | By PAMEDIAThe fintech company said its net interest income was 148% higher over the latest quarter, compared with the previous quarter, totalling £43.5 million.
Ocado Retail enjoys record Christmas sales despite cost-of-living pr...
January 17, 2023 08:05 AM AEDT | By PAMEDIAThe supermarket said sales were up by 15% over the five days before Christmas but revealed that customers were shopping less often.
One in 10 considering giving up pets over cost-of-living pressures
January 17, 2023 08:00 AM AEDT | By PAMEDIAAlmost a fifth of owners are already falling into debt to pay for their pets’ care, Pets4Homes found.
Unemployment rises as new entrants join jobs market
January 17, 2023 07:30 AM AEDT | By PAMEDIANew figures suggests the unemployment rate hit 3.7% in the three months to November, up from 3.5% in the previous quarter.
Wages fail to keep up with prices as unemployment rises
January 17, 2023 07:30 AM AEDT | By PAMEDIANew figures suggest the unemployment rate hit 3.7% in the three months to November, up from 3.5% in the previous quarter.
Stocks to eye as UK food price inflation hits new record
January 05, 2023 10:34 PM AEDT | By Rishika RainaBRC warned that December 2022 saw the greatest inflation level in the fresh food group since records began.
Harvey Norman spruiks Malaysia opportunity
November 24, 2022 11:16 AM AEDT | By AAPNEWS<p>Harvey Norman, which is holding its annual general meeting, says quarterly sales for its 28 Malaysian outlets have jumped by almost 40 per cent.</p...
QBE warns of $100m catastrophe blowout
November 21, 2022 01:16 PM AEDT | By AAPNEWS<p>QBE expects to exceed its catastrophe allowance by around $100 million this year as the war in Ukraine and extreme weather events cause elevated cl...
Retail sales strong but rate rises biting
October 31, 2022 02:49 PM AEDT | By AAPNEWS<p>Spending reached another high in September with price inflation and an extra national public holiday contributing to a $35.1 billion month for reta...
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