Home improvement business Screwfix is to create 800 retail jobs by January as part of plans to open 80 new shops across the UK and Ireland.
Greggs has said it has a “good” start to 2022 after launching 49 new shops in the first 19 weeks of the year.
As Boris Johnson prepares for a visit to Northern Ireland later today, the Prime Minister has warned the EU the UK will have a “necessity to act” if the Brussels is unwilling to reach a compromise in the deepening crisis over the Northern Ireland Protocol.
The cost of living could be the next frontline for scammers, the head of the UK’s specialist police unit for fraud has warned, with criminals using the crisis as a way to lure potential victims.
Just-in-time global manufacturing supply chains have been replaced in British factories with “just-in-case” arrangements and more local suppliers after the pandemic and Brexit caused havoc in production schedules.
The energy price cap will be updated every three months from October under Ofgem proposals to pass on changes in wholesale prices to households more quickly.
The chairman of NatWest bank has argued that changes to the benefits system would be the most effective way for the government to help the poorest families struggling to cope with the cost of living crisis, instead of cutting taxes that also give the wealthy a financial boost.
Deliveroo has been accused of “seeking endorsement for exploitative practices” after signing a deal with the GMB union that does not ensure its couriers will be paid the legal minimum wage throughout their whole working day.
The Bank of England will have to continue to raise interest rates to control inflation despite sluggish growth, a senior Bank of England official said.
Boris Johnson has said he will look at introducing a windfall tax on oil and gas companies but believes they are not the “right way forward”.