UK SMEs are projected to experience substantial revenue shortfalls averaging £138,000 by 2025.A significant portion of business leaders, constituting nearly 24%, are pessimistic about future business…
Browsing: inflation
Inflation in October saw a significant rise, impacting various sectors.The Consumer Prices Index (CPI) climbed from 1.7% to 2.3% due to energy price hikes.The inflation rate…
Retail leaders are optimistic about Christmas spending in 2024.Inflation has eased, boosting shopper confidence and spending intentions.Sales predictions expect a 4% increase, despite economic challenges.Fashion, beauty,…
Andrew Bailey, the Bank of England Governor, highlighted potential delays in interest rate cuts due to employer tax hikes.The recent reduction in interest rates to 4.75%…
Recent data highlights Asda’s performance lagging behind other supermarkets as UK grocery sales experience a slowdown before the festive season.For the four weeks ending November 2,…
UK’s labor market faces challenges as unemployment rises and wage growth slows, affecting economic forecasts.Wage growth excluding bonuses has decreased slightly, with employment figures showing a…
The UK’s labor market shows signs of strain as unemployment rises to 4.3%, accompanied by a slowdown in wage growth.Wage growth, excluding bonuses, exceeds analyst expectations…
Global food prices have surged to an 18-month high, signaling potential increases at the checkout for UK consumers.The UN Food and Agriculture Organization’s index hit 127.4…
UK employees are projected to see their wages rise faster than inflation for the first time since the pandemic, a new report reveals.The 3R Strategy’s Global…
The recent decision to raise National Insurance Contributions has serious implications for Sainsbury’s, as expressed by CEO Simon Roberts.Sainsbury’s is anticipating significant cost hikes due to…