Business and Economics
Business and Economics News
Tata Steel expected to confirm plans to close furnaces at UK plant
Most of the job losses will be at Port Talbot in south Wales.
Fujitsu vows to compensate victims of Post Office Horizon IT scandal
The Japanese technology firm offered its ‘deepest apologies’ to subpostmasters and their families in a fresh statement on Thursday.
Bank of England ‘losing the battle against inflation’
Once again, "diligent homeowners are forced to shoulder the burden of getting inflation under control, while the banks continue to reap the benefits" - analysis.
Newly-launched taxi app Frenzi to put drivers first
Drivers will be required to pay a flat 57p commission fee on rides, which pales in comparison to industry titan Uber's high percentages.
Good Morning Britain debate explodes over whether Gen Z are ‘lazy workers’
‘They think the world owes them a living!’
‘Like a pin to a balloon’ – Banking jobs in London down 79% since Brexit
Most banks now have EU outposts up and running in Paris and Frankfurt, with London getting increasingly left behind.
Leading economic forecaster says inflation is about to fall rapidly
Good news on the economy as Oxford Economics, a leading forecaster, predicts swifter fall in inflation than previously thought
Greggs planning to open up to another 160 sites
The group opened a record 220 new shops over 2023 and is looking to add between 140 and 160 net new sites in 2024.
Aldi crowned 2023’s cheapest supermarket by Which?
Aldi was the cheapest supermarket for 11 months of the year, with Lidl beating the rival discounter for one month in October, the consumer group said.