Breadcrumb Trail Links News Economy Kevin Carmichael: Employers added more than 100,000 positions in December, a number likely too robust for the Bank of Canada Employment in Canada rose by 104,000 jobs in December, and the unemployment rate declined 0.1 percentage points to 5.0 per cent. Photo by Getty Images Article content It looks like […]
Breadcrumb Trail Links News Economy Here’s what economists have to say about the latest jobs report and what it means for interest rates Canada added 104,000 jobs in the month of December. Photo by Winnipeg Sun Article content December’s blockbuster jobs report points to continued strength in the labour market, and indicates the Bank of […]
Footfall in December reached its highest level since the pandemic as shoppers headed to stores in search of Christmas gifts. Figures from the British Retail Consortium (BRC) showed that overall footfall during December was up 15.1 per cent from the same month in 2021. However, the gains are likely to be wiped out this month […]
The interest rate the taxman charges on unpaid tax has reached a 14-year high of 6 per cent, but if you expect the same return on anything it owes you, you’ll be out of luck. HM Revenue & Customs increased the rate on unpaid income tax, national insurance, capital gains tax, stamp duty, corporation tax […]
A Canadian business has stirred up a hornet’s nest by purging online meetings, saying companies are for builders, not managers, and vowing to “give people back their maker time”. Shopify, an ecommerce platform, has scrapped all internal meetings of more than two people, banned meetings on Wednesdays and is only allowing gatherings of more than […]
Breadcrumb Trail Links Retail & Marketing News Pursuing strategic alternatives, including restructuring debt, selling assets or filing for bankruptcy-court protection Author of the article: Bloomberg News Jeannette Neumann Published Jan 05, 2023 • 2 minute read Join the conversation Shopping carts stand lined up in front of a Bed Bath and Beyond Inc. store in […]
Jeremy Hunt has confirmed that he will announce plans to reduce energy support for businesses in the Commons next week, telling industry leaders it was “unsustainably expensive”. The chancellor has told business groups that a package providing support at a “lower level” than current measures would be available to them beyond March, promising to avoid […]
Almost no trains are running in most parts of England today as train drivers at 15 operating companies go on strike. The 24-hour strike by members of the Aslef union will stop services entirely across major national rail lines, halting most commuter services in the south-east, Midlands and north of England. In most areas, the […]
Sales of electric vehicles have reached record levels in the UK, although supply chain disruption drove total sales of new cars to their lowest level in 30 years. Just more than 1.6m new cars were sold in the UK last year, a 2% fall from 2021, and the lowest level since 1992, according to the […]
The British government has been given the go ahead to keep concealing the names of companies which received in total more than £47bn in state-backed Covid loans, after a tribunal ruled in its favour. The tribunal case had been brought by campaign group Spotlight on Corruption, amid concerns fraudsters and organised criminals had exploited government-guaranteed […]