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Sky News
UK economic rebound slowing as inflation pressure grows, signals survey
Britain’s economy continues to rebound but is losing some of the earlier momentum in the face of inflationary pressures, fresh figures indicate.Growth among UK service companies, which make up the lion’s share of UK economic output, slowed to its lowest levels since March although is still strong, according to an influential poll. The sector scored …
Business
Sky News
UK economic rebound slowing as inflation pressure grows, figures indicate
Britain’s economy continues to rebound but is losing some of the earlier momentum in the face of inflationary pressures, fresh figures indicate.Growth among UK service companies, which make up the lion’s share of UK economic output, slowed to its lowest levels since March although is still strong, according to an influential poll. The sector scored …
Business
Evening Standard
Millions facing living standards squeeze amid inflation surge
Millions of frontline public sector workers including NHS “heroes” who kept vital services going through the pandemic face a real-terms pay cut as inflation surges towards 10-year highs.The Bank of England’s August monetary policy report is tomorrow expected to revise upwards projections for the rise in the Consumer Prices Index (CPI) measure of inflation — …
Business
Business Live
Moneypenny boss on whether five day office week will be norm again and what else has changed due to the pandemic
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Business
Business Live
Group behind the likes of Chop’d, Knomo and Skylab acquires logistics firm
Business
Business Live
Turnover surpasses £400m at dairy giant Ornua Foods UK
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Business
Business Live
Glastonbury set for £23.6m boost as 12 major projects approved
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Business
Business Live
Five-year MBO anniversary marked by record growth at communications agency
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Business
Sky News
Rising build costs ‘fully offset’ by healthy house price growth, says developer
Rising construction costs caused by a surge in demand for materials and supply shortages have been “fully offset by healthy levels of house price growth”, according to developer Taylor Wimpey.The housebuilding giant also said the market remained strong with no sign of cooling, despite the ending of the stamp duty holiday next month. The group …
Business
Evening Standard
Mike Ashley ‘set to step down’ as boss of Sports Direct owner
Sports Direct founder Mike Ashley is set to step down from leading his retail empire and hand the reins to his prospective son-in-law, according to reports.The tycoon is expected to reveal plans to step back from his role as chief executive of Frasers Group to become deputy chairman on Thursday, the Telegraph has reported.It said …
Business
Sky News
Motorists count cost as petrol prices hit eight-year high fuelled by oil demand
Millions of motorists are being hit in the pocket as petrol prices reach an eight-year high after nine successive months of hikes, latest RAC figures show.And the cost at the pump is only set to rise further, warns the motoring organisation, with demand for oil outstripping supply amid the continuing global recovery from the coronavirus …
Business
Sky News
Staycation frenzy sparks £600m merger of Away Resorts and rival Aria
The staycation frenzy gripping Britain’s tourism industry is spurring a £600m merger of two of the country’s biggest holiday park operators.Sky News has learnt that Away Resorts is buying rival Aria Resorts, which operates 14 sites across the UK, in a deal that could be confirmed as soon as Wednesday. Sources said that Away, which …

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