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Evening Standard
Record Christmas sales at Primark boost revenues for owner ABF
Primark owner ABF hailed a record Christmas as cash-strapped shoppers flocked to the budget fashion retailer to escape cost-of-living pressures.Sales at Primark climbed 15% in the 16 weeks to the beginning of January, reaching a record high in the week running up to Christmas day.Footfall continued to increase on the high street in city centres …
Business
Sky News
Energy support and debt costs drive record public borrowing in December
Government borrowing hit its highest December figure since records began last month, according to official figures.The Office for National Statistics (ONS) reported a total of £27.4bn – a leap of almost £17bn on the same month a year ago. It blamed £7bn in costs from energy support schemes.Added to that was interest payments on debt, …
Business
Sky News
‘Missed opportunity’: Menopause leave trial rejected by government
The government has rejected calls for a trial of menopause leave for women, claiming that it could cause discrimination against men with long-term medical conditions.Ministers also rejected a recommendation to make menopause a protected characteristic under the Equalities Act. Caroline Nokes, chair of the women and equalities committee – which submitted 12 recommendations aimed at …
Business
Sky News
Twitter accused of being behind on rent once again – and this time, it involves King Charles
Twitter is being sued by the Crown Estate amid allegations of unpaid rent at its London headquarters.The Crown Estate, which manages a property portfolio belonging to the monarchy, filed a case at the High Court last week. Twitter’s office is based near Piccadilly Circus in central London – but reports have suggested that the tech …
Press Release
Pressat
Together we can help our young people to heal say children’s mental health charity,Kids Inspire
Together we can help our young people to heal A devastating youth mental health crisis is happening all around us. However, the systems – the responsible adults, the schools or the community groups and volunteers, can learn skills to make a lasting difference, says trauma informed children’s charity, Kids Inspire. Kids Inspire centres it’s services …
Business
Sky News
Social energy tariff needed for families who can’t pay bills even with government help – regulator
The government should introduce a “social tariff” guaranteeing cheaper energy to vulnerable users who cannot afford their basic needs, the chief executive of regulator Ofgem has said.Speaking as Ofgem launched an investigation into energy suppliers imposing prepayment meters on struggling households, Jonathan Brearley said the current high-cost energy market left some households simply unable to …
Press Release
Pressat
Free workplace education on inflation launched
Radcliffe & Newlands are providing free webinars on rising inflation to their corporate clients. The content is part of their paid-for financial education service, released now as a public service announcement that companies can use to help their employees understand what’s going on. It’s delivered in an easy to understand way with examples and a …
Press Release
Pressat
Big Issue North Increases Magazine Price in Face of the Cost of Living Crisis
Big Issue North magazine is set to maintain its increased festive price, in order to help vendors face the cost-of-living crisis and to meet rising production costs. The weekly magazine will now be on sale for £4, available from your local vendors. Over the Christmas period, vendors bought Big Issue North from our regional offices …
Press Release
Pressat
Tackle diversity to encourage more people into nursing and other healthcare roles – Birmingham and Solihull NHS chief
The chief executive of Birmingham and Solihull’s Mental Health NHS Trust has called on health leaders to address diversity issues to get more people from ethnic minority backgrounds to consider a career in nursing Questioned on Newcross Healthcare’s Voices of Care podcast about the decline in the number of people entering the nursing profession last …
Business
Business Live
Deal worth £227m paves way for landmark city centre development
A £227m funding deal has been agreed that will pave the way for a major development in Manchester city centre. Real estate development lending platform Precede Capital Partners, alongside global financial services group Nomura, as provided the four-year whole-loan facility to Downing Living for its planned scheme in First Street. The development is expected to …
Business
Sky News
How do prepayment meters work and why is there a crackdown on them?
Too many people are on pay-as-you-go energy meters that risk them being cut off paying more, Ofgem, charities and the government have said.The regulator has said it will take legal action against any supplier that forces customers onto a prepayment meter and the government is issuing firms with a “cease and desist” order. It comes …
Business
Evening Standard
Ofgem vows to tackle ‘inappropriate energy supplier pre-payment meter practices’
Ofgem is to review the checks and balances energy firms have around placing customers on pre-payment meters, warning it will take further legal action if it finds they are not taking due care.In a blog, the watchdog’s chief executive, Jonathan Brearley, said he is concerned about the “sharp growth in households struggling to pay their …

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