Business and Economics
Business and Economics News
Boss of water company behind major beach sewage leak handed 65% bonus boost
They also paid out £159 million in shareholder dividends during 2022 despite posting a pre-tax loss of £50 million.
There’s a black hole at the heart of our country’s finances
A short-term cash grab orchestrated by George Osborne has been costing every household in the country £8,900.
UK set for five years of lost economic growth
Projections for the General Election year suggest that inequality will grow, with little income growth, higher debt and higher household costs.
Italy slaps one-off 40% tax on profits banks earn from high interest rates
Transport Minister Matteo Salvini said it was a measure of "social equality" after bank profits rocketed by 64 per cent.
Greggonomics: How a bakery conquered Britain
Greggs sells 130 million sausage rolls every year, enough for one person to eat a sausage roll every day for 356,000 years.
‘All pain for no gain’: Reality of post-Brexit trading conditions bites
"The dream held by the Brexiters seems to be well and truly dead"
High street retailer Wilko set for administration
Wilko, which has about 400 shops and employs 12,000 people, filed a notice of intention to appoint administrators at the High Court on Thursday.
Bank of England preparing to raise interest rates AGAIN
Borrowers are already facing big increases in monthly bills thanks to mortgage rates moving higher.
HSBC sees profits more than double on rising interest rates
The bank posted pre-tax profits of 21.7 billion US dollars (£16.9 billion) for the first half of 2023, up from 8.4 billion US dollars (£6.6 billion).