Business and Economics
Business and Economics News
Spaceman Bezos feeling the pinch? Amazon increase cost of Prime membership and people are not impressed
Amazon's UK operation saw revenues surge past £23 billion for the first time recently. Jeff Bezos is worth $129.6 billion alone!
‘It’s getting worse’: Inflation rises to eye-watering 9.4%
Office for National Statistics (ONS) figures show wages now lag behind inflation at 20-year low.
On his Crown Prince’s secret service? Saudi govt becomes major shareholder in Aston Martin
It comes as the fiancee of murdered Saudi journalist Jamal Khashoggi, has described Joe Biden’s decision to visit Saudi Arabia as “heartbreaking”, accusing the US president of backing down from his pledge of prioritising human rights.
UK’s trade performance drops to worst level ‘since records began’
Alastair Campbell described Brexit as the "disaster that keeps on disastering" after the results were announced.
McDonald’s to pay France huge sum in tax fraud case
The company was accused of hiding French profits in lower-tax Luxembourg from 2009 to 2020, and reporting artificially low profits in France.
Real wages fall at record rate in UK
Jonathan Ashworth said work should be the best defence from the rising cost of living, "yet millions in work are in poverty".
‘Strip club test’ suggests US recession could be imminent
"The strip club is sadly a leading indicator, and I can promise y'all we r in a recession, lmao."
Lloyds hands workers £1,000 bonus to ease cost-of-living worries
“This support is designed to help you during these uncertain economic times," an internal memo read.
Sainsbury’s CEO’s pay triples as supermarket rejects living wage calls
Also Marks & Spencer boss Steve Rowe witnessed his pay and bonus package more than double to £2.6 million for the past year.