As the Bank of England takes steps to cushion the economy from a growing recession, challenger banks might lose the … More
Category: Uncategorized
Ikea sorry after port disruption causes stock shortage
Ikea has apologised to customers after facing stock shortages due to the current congestion at UK ports. Angry shoppers complained … More
Energy bills: Automatic switching plan for fairer tariffs
Consumers could be automatically switched to better value energy tariffs under a plan to make the system fairer. The government … More
Covid: Christmas comes early as grocery sales ‘hit record’ in November
Grocery sales hit a record in November as people spent more during lockdown and started their Christmas shopping early, research … More
Asda joins rivals to pay back Covid rates relief
Asda has announced it will repay £340m of business rates relief it has received during the pandemic. It follows similar … More
What went wrong at Debenhams?
Debenhams is set to close all of its 124 stores after last-ditch efforts to rescue the department store chain failed. … More
Can you build a tier-1 bank from scratch?
Is it possible to build a tier-1 bank from scratch to compete with the biggest high street players – and … More
Caffè Nero rejects bid from billionaire Asda brothers
Coffee shop chain Caffè Nero has rejected a takeover bid from the billionaire brothers behind petrol forecourt business EG Group. … More
UK growth slows again in October as rebound stalls
The UK economy grew by just 0.4% in October as the recovery continued to slow in the face of tougher … More
Clintons boss: Supermarkets selling greeting cards ‘grossly unfair’
It is “grossly unfair” that supermarkets can sell greeting cards in lockdown while specialist retailers have to shut their shops, … More
