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Evening Standard
Customers shopping differently due to cost-of-living crisis, says Aldi boss
The boss of Aldi’s UK and Ireland business has said the cost-of-living crisis has changed shopping habits as the supermarket chain was boosted by shoppers seeking to reduce their grocery bills.Giles Hurley, chief executive officer of Aldi UK and Ireland also said that “households are still under real pressure from higher living costs” as it …
Business
Euro News
Oil prices keep rising, experts foresee $100 a barrel
Business
Euro News
EU urged to stall post-Brexit tariffs on electric vehicles
Business
Sky News
Aldi sees record sales during cost of living crisis
Aldi has reported record sales, with the company saying cost of living concerns had driven up shopper numbers.Annual sales topped £15.5bn in the year to December 2022, nearly a £2bn increase from a year earlier and a record in its 33-year history in the UK. The company said the cost of living crisis had changed …
Business
Sky News
Sunak declines to back HS2 to North as Tory grandees warn of ‘gross act of vandalism’
Rishi Sunak has declined to back building HS2 to the North in the face of warnings by senior Tories that axing the line to Manchester would be a “gross act of vandalism”.The prime minister is understood to be considering scrapping or delaying the leg of the high speed rail network from Birmingham to Manchester in …
Business
Sky News
Northern Gritstone backs motor neurone therapy group Crucible
One of Britain’s most prominent university spinout ventures is backing a developer of therapies for neurological diseases as part of a capital-raising to fund it through to clinical trials.Sky News understands that Crucible Therapeutics, which was founded by University of Sheffield academics at its Department of Neuroscience, will announce this week that it has secured …
Business
Business Live
Hedgehog Lab sets out goal to become £50m business amid raft of senior hires
Prominent Newcastle tech consultancy Hedgehog Lab has outline its ambition to become a £50m business within five years. Amid a shake-up of its leadership team, CEO and founder Sarat Pediredla says the firm has set itself lofty goals and wants to attract top talent, predominantly to its North East headquarters, which sit alongside bases in …
Business
Sky News
‘Tentative’ deal to end longest Hollywood strike in decades reached
A “tentative” deal has been reached to end a long-running strike by writers in Hollywood.The Writers Guild of America (WGA) announced the deal with the Alliance of Motion Picture and Television Producers (AMPTP), the group which represents studios, streaming services and producers in negotiations. A statement from the WGA said: “We have reached a tentative …
Business
Euro News
Germany went from envy of the world to the worst-performing major developed economy. What happened?
Business
Sky News
KPMG braced for record fine over audit of collapsed Carillion
KPMG is in advanced talks with regulators about a record fine running into tens of millions of pounds for failings in its auditing of Carillion, the construction company which collapsed in 2018 with the loss of thousands of jobs.Sky News has learnt that discussions between the accountancy firm and the Financial Reporting Council (FRC) are …
Business
Euro News
Rugby World Cup: The business of the game
Business
Evening Standard
Government ‘should support households struggling with energy bills’ this winter
MPs have called on the Government to support under-pressure households ahead of an “inevitable” new energy crisis this winter.The Energy Security and Net Zero Committee said that ministers must make sure that all families who did not feel the benefit of last year’s £400 per household help get that money now.MPs on the committee said …

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