An average household will pay £1,042 per year for gas and electricity after the change comes into force on 1 October, Ofgem said Read full original article »
Staff don’t seem to share Tesco’s view that employees will relish cleaning Metro and Express outlets themselves Tesco has had a good crisis, with the lockdown triggering a supermarket spending spree akin to Christmas.…
More than 10,000 British Airways workers are being made redundant, it has been confirmed. Read full original article »
Rolling live coverage of business, economics and financial markets as White House blocks transactions with two Chinese app owners 7.51am BST Good morning, and welcome to our live coverage of business, economics and financial…
The chancellor has warned there is hardship ahead for many people as the furlough scheme winds down over the next few months. Read full original article »
Rolling coverage of the latest economic and financial news, as BoE warns one million jobs will be lost by Christmas Latest: Bank says unemployment to double, to 2.5m One million people expected to lose…
Frontier Developments, the Cambridge-based world-leading video games developer, has three times topped the magical $billion valuation in the space of a month. While only privately held startups qualify as unicorns, Frontier’s achievements set against…
Do you remember football pools, Green Shield Stamps and Christmas Clubs – those quaintly old-fashioned ways in which our grans and grandads saved or squandered their money? All gone – replaced by the National…
The Bank of England has said it expects the UK’s economic slump to be less severe than first feared, but it could take longer to bounce back from the coronavirus crisis. Read full original…
GDP to shrink 9.5 per cent this year – less severe than the 14 per cent which had been forecast – but Bank warns of surge in unemployment amid ‘unusually uncertain’ outlook Read full…
