The UK’s fifth‑largest supermarket said like‑for‑like sales grew 3.9 per cent in the three months to early June, up from 2.1 per cent in the previous quarter, when a cyberattack on supply‑chain software provider Blue Yonder forced the retailer to slash prices on some items to keep shelves stocked. Including new space, total sales rose 4.2 per cent to £3.9 billion, while underlying […]
More than £1 billion has now been paid out to victims of the Post Office Horizon IT scandal, marking a significant milestone in the ongoing effort to deliver justice to thousands of wronged sub-postmasters. The government confirmed that, as of 2 June, a total of £1.039 billion had been awarded to just over 7,300 individualsthrough […]
The Bank of England has kept its benchmark interest rate at 4.25%, but hinted that a cut could be on the horizon as early as August, amid growing signs of a weakened UK economy and rising global risks. While Governor Andrew Bailey acknowledged that inflation is now on a gradual downward path, he warned that […]
HM Revenue & Customs is expected to net a significant tax windfall from this year’s Wimbledon Championships, as the tournament’s ever-increasing prize pot pushes more players into higher UK tax brackets. According to tax experts at Blick Rothenberg, Wimbledon is becoming an increasingly lucrative revenue stream for HMRC, thanks to the structure of international tax […]
The UK’s advertising watchdog has issued a strong rebuke to brands that continue to rely on outdated and harmful stereotypes of older people, warning that many portrayals are offensive and fail to reflect the reality of ageing in modern society. In a report published today, the Advertising Standards Authority (ASA) singled out several high-profile adverts […]