But so-called “core” inflation, a measure which strips out energy and food, remains near its highest rate for 30 years. That suggests there is still strong spending on non-essentials, treats, with some people using savings stashed away during the pandemic, or due to pay rises.
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British Steel to cut jobs amid fears for industry
admin, , Business, 0
The Chinese-owned firm will cut 300 jobs at its Scunthorpe plant.
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Budget: Rishi Sunak promises help as Covid restrictions ease
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Speaking to Sophy Ridge, she said Labour would “look carefully” at proposals on corporation tax but added: “What we...
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Whitbread to cut 6,000 jobs as hotel demand slumps
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Image copyright Whitbread Whitbread, which owns Premier Inn and Beefeater, has warned that 6,000 staff could lose their jobs....
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Boeing’s 737 Max aircraft under scrutiny again
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According to the FAA, this could potentially “affect the operation of certain systems, including engine ice protection, and result...
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Ikea struggles with supply problems due to driver shortage
admin, , Business, 0
“Like many retailers, we are experiencing ongoing challenges with our supply chains due to Covid-19 and labour shortages, with...
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CosMc’s: Customers flock to McDonald’s new retro drinks brand
admin, , Business, 0
The real focus, however, is a long list of drinks that involve various permutations of caffeine, sugar and colours...
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Coronavirus: £3bn for NHS but Sunak warns of ‘economic shock’ to come
admin, , Business, 0
Borrowing in October hit £22.3bn, with public sector debt over £2 trillion.
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Cryptocurrency heist hacker returns $260m in funds
admin, , Business, 0
“Either they just intended to commit theft and steal the assets, or they were acting like a white hat...
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