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Category: Business News

UK’s cash system ‘will collapse without new laws’

Image copyright Getty Images Campaigners have called for Chancellor Rishi Sunak to save banknotes and coins, saying without urgent new laws the cash system could...

UK house prices rising fastest in Yorkshire and Humber

The North-South divide in house price growth saw property values climb more than three times as much in Yorkshire and Humber as in south-east England. Land Registry...

Fuel prices push UK inflation to six-month high

Image copyright Getty Images UK inflation in January rose to a six-month high as petrol and house prices rose, official figures show. The Consumer Prices Index (CPI)...

HSBC signals mass job cuts as profits plunge

Image copyright Getty Images HSBC has said it will axe around 35,000 jobs as it announced profits for 2019 fell by about a third. That has spurred the bank to target...

UK Budget date kept at 11 March

Image copyright Getty Images The government will not be changing the date of the Budget, Chancellor Rishi Sunak has announced. It will go ahead as previously scheduled...

Wages back above pre-economic crisis levels

Image copyright Getty Images Average weekly wages in the UK have reached their highest levels since before the financial crisis. Weekly pay reached £512 in the three...

Coronavirus: Bicester Village ‘having a tough time’

Image caption Fashion buyer Xia Yae purchases clothing in Bicester Village, Selfridges and Harrods for clients in South Korea On a rainy weekday morning, the luxury...

Laura Ashley appeals for funding as sales fall 10%

Image copyright Getty Images Laura Ashley shares have slumped 41% after it said it was in talks with its lender about accessing sufficient money to allow it to continue...

Shoe Zone: Retailer warns 100 shops could close

Image copyright Shoezone Shoe Zone has warned that it could be forced to close a fifth of its stores if business rates do not change. The retailer will close 100 of its...

Flood defences in England get 1% of infrastructure spending

Image caption Sandbags in Appleby-in-Westmorland, one of the northern towns flooded by Storm Ciara last week Just over 1% of government infrastructure spending in...