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Evening Standard
Hopes of summer rate cut boosted after bigger-than-forecast fall in inflation
Business
Sky News
Average rents hit another record high while house price falls ease off
Average private rents rose at their fastest annual pace last month since comparable records began in 2015, according to official UK figures.The data from the Office for National Statistics (ONS) showed no let up in the surging costs faced by renters since 2022. It reported a leap of 9% over the 12 months to February …
Business
Business Live
£15.7m capital boost for EV infrastructure in the West Midlands
Transport chiefs in the West Midlands have received £15.7 million in fresh funding to support their ambition of installing up to 12,000 electric vehicle charging points over the next five years. The capital, from the Department for Transport’s Local Electric Vehicle Infrastructure fund, will be part of a wider package made available to local councils, …
Business
Sky News
Ex-chancellor Hammond’s fintech Railsr eyes merger of Equals
A British financial technology company chaired by Lord Hammond of Runnymede, the former chancellor, has made an approach to merge with a London-listed peer.Sky News has learnt that Railsr, which Lord Hammond joined only last month, has written to Equals Group to propose a combination of the two companies. It was unclear on Wednesday when …
Business
Sky News
Greggs stores to take payments again soon after card and cash systems crash
Greggs said it expects to be able to take card and cash payments again soon after the bakery chain experienced issues with its tills. In a statement, the bakery chain said it expects “the issue to be fully resolved shortly”. They added: “We apologise for the inconvenience this may have caused to our customers.”Earlier on …
Business
Euro News
Doing business in China is growing tougher, more uncertain, European business group says
Business
Euro News
Doing business in China getting tougher, European business group says
Business
Business Live
Fintel hails defining year following flurry of acquisitions
Statutory earnings have fallen at the Huddersfield-based owner of Simply Business and defaqto in what has been described as a defining year for the business. Full year 2023 results for Fintel show statutory Ebitda fell by 13.5% to £14.4m as statutory revenue fell 2.4% to £64.9m. Bosses at the AIM-listed financial technology group said it …
Business
Sky News
Food leads rate of inflation down to 3.4%, lowest level since September 2021
The rate of inflation slowed sharply to an annual rate of 3.4% in February, according to official figures charting a big contribution from food costs.Data from the Office for National Statistics (ONS) showed an easing in the headline measure from the 4% rate recorded the previous month to a level last seen almost two-and-a-half years …
Business
Sky News
Aldi’s ‘cheapest Christmas dinner’ ad misled shoppers, says watchdog
Aldi’s claim it was the “home of Britain’s cheapest Christmas dinner” was found to be misleading after rival supermarket Sainsbury’s reported it to the advertising watchdog.It claimed consumer group Which? had found Aldi’s Christmas dinner came in at over 20% cheaper than what was on offer at Sainsbury’s. The four-page wrap-around newspaper ad, published on …
Business
Sky News
It’s hard to see a dramatic change from Tory policy in Rachel Reeves’s rite of passage speech
The Mais lecture has become a kind of rite of passage for all aspirant chancellors.This annual speech, held at the Bayes Business School in the City of London, was where Nigel Lawson laid out his thinking about reforming the economy in the 1980s. It was where George Osborne provided his plan for his first 50 …
Business
Euro News
Unilever creams off specialist unit as it cuts 7,500 jobs

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