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Sky News
How much more does a pint cost in London? How inflation is affecting different parts of the UK
Across the country in June, inflation is at its highest rate in 40 years, but Sky News analysis of the latest ONS figures shows that shoppers in London are facing price rises that double those seen in Yorkshire.As well as London, prices in Wales and Northern Ireland have risen by more than 10% compared with …
Business
Sky News
Postal workers vote by 97.6% to strike over pay and jobs row
Late-summer strikes by 115,000 Royal Mail workers have moved a step closer after an overwhelming vote in favour of walkouts, threatening massive disruption to postal deliveries across the country.The Communication Workers Union (CWU) said 97.6% of members who voted backed strikes in a 77% turnout, threatening the biggest strike action in the so-called summer of …
Business
Sky News
Inflation at 40-year high of 9.4% as cost of living crisis mounts
The rate of inflation has hit a fresh 40-year high, placing further strain on household budgets as the cost of living crisis mounts.British consumer price inflation reached an annual rate of 9.4% in June, up from May’s reading of 9.1%, the Office for National Statistics (ONS) said. It means Britain had the highest rate of …
Business
Sky News
Public sector pay rises – who decides and how?
Public sector workers including nurses, teachers and doctors have all had pay rises announced.They have received increases of between 4.5% and 9.3% but unions say most of the pay rises are not enough as they are less than half the current level of RPI inflation. As those in the public sector receive taxpayers’ money, the …
Business
Sky News
Heathrow faces strike this week after refuellers reject pay offer – as union warns of flight delays
Heathrow is facing a strike by refuellers this week after they rejected a revised pay offer, the Unite union has said.Unite warned that the three-day industrial action by staff at refuelling firm AFS, which starts on Thursday, would cause delays for hundreds of flights at Britain’s busiest airport. AFS (Aviation Fuel Services) provides fuelling services …
Business
Business Live
Swindon printing company devastated by fire and flood reopens
A Swindon printing company that was forced to close after the business was destroyed by flood and fire has reopened for business. Minuteman Press, in Old Town, shut its Newport Street premises in 2021 when a flood – and then a fire – ruined the entire contents of its ground-floor offices. The company has since …
Business
Evening Standard
Darktrace shares jump after profits upgrade
Darktrace shares soared 8% this morning after the cybersecurity firm increased its profits forecast for the year.The Cambridge-based business expected sales growth of 48% in the year to 30 June 2022, while profit margins were set to exceed the top end of forecasts to reach 19.5%, as businesses ramped up their cyber protections amid mounting …
Business
Business Live
Hundreds of Liverpool dockworkers to vote on strike action in pay dispute
Hundreds of dockworkers in Liverpool are to vote on whether to strike in a dispute over pay and conditions. Unite said more than 500 of its members employed at MDHC Container Services, which is part of Peel Ports, are to be balloted from Monday, July 25, to Monday, August 15. If the employees back the …
Business
Sky News
UK aviation industry aiming to achieve net zero emissions by 2040
The UK’s domestic aviation industry is aiming to achieve net zero emissions by 2040 under a green strategy unveiled by the government. All airports in England will achieve net zero emissions by the same year under the plans detailed in the “Jet Zero Strategy”. New targets have been set to reduce aviation’s carbon emissions and …
Business
Business Live
 Why urgent action is needed to reform malfunctioning capitalism
I was prompted to write this piece by three articles recently printed in a national newspaper. There on the same page were three nominally unrelated stories. The first concerned the proposed take-over of a defence technology company responsible for the sensitive task of protecting Trident submarines, the UK’s nuclear deterrent, by another defence company. The …
Business
Business Live
Bristol City Council chief quits to take up new role in London
The chief executive of Bristol City Council is quitting his job to move to London and run two councils in the capital. Mike Jackson has worked for the council in Bristol since 2018, but will leave the city this autumn to take up a new role as chief executive of Wandsworth and Richmond borough councils. …
Business
Evening Standard
Hotel Chocolate shares plummet 42% after overseas expansion setbacks
Shares in luxury retailer Hotel Chocolat plummeted 42% in early trading this morning as the chocolatier’s strong UK sales were overshadowed by setbacks in its overseas operations.In a trading update the company said it expects to make a loss after taking a £3 million hit from closing all five of its US stores in a …

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