Britons cut back on shopping in the final three months of the year, according to new figures that suggest all regions of the UK are facing similar pressures on the cost of living. Asda’s latest income tracker recorded a drop in household income levels throughout the country in the fourth quarter of last year in […]
Twitter is being sued by the Crown Estate amid allegations of unpaid rent at its London headquarters. The Crown Estate, which manages a property portfolio belonging to the monarchy, filed a case at the High Court last week. Twitter’s office is based near Piccadilly Circus in central London – but reports have suggested that the […]
HMRC has added five existing tax avoidance schemes to its online list of tax avoidance promoters, enablers and suppliers – three of which are linked to Michelle Mone’s husband, Douglas Barrowman. Douglas Barrowman, Lady Mone’s husband since they married on the Isle of Man in November 2020, is the founder and chairman of the Knox Group, a […]
Deadpool star Ryan Reynolds has surprised a children’s football team by donating £1,600 so they can buy a new kit. Kayleigh Barton, who set up a fundraising page for her son’s under-12s team – FC United of Wrexham – said she was in “complete shock”. Reynolds and fellow actor Rob McElhenney are owners of the […]
The launch of a long awaited deposit return scheme for plastic bottles in England is expected to be announced by the government. Five years after Michael Gove first promised to bring it in, it is understood ministers will on Friday give the go-ahead for a deposit return scheme (DRS) that will not include glass, according […]
Premier Foods has announced plans to close a manufacturing plant in Knighton, Staffordshire, in a move that could cost as many as 300 jobs. The Oxo cubes and Bisto gravy maker said that the plant, which mainly makes unbranded powdered drinks, was “marginally” unprofitable at the trading profit level. It is launching a consultation with […]
The casualty rate for pubs and restaurants in the pandemic is being matched by hospitality sector failures because of inflation, research suggests. Inflation in energy bills, wages and other costs caused a net decline of 4,809 licensed premises last year, a higher tally than 2021. The Hospitality Market Monitor published today by AlixPartners and CGA […]
Google is still allowing adverts to run alongside articles calling climate change a “hoax” and a “big lie” despite pledging more than a year ago to block Google Ads running alongside content containing climate misinformation. Campaigners accused the firm of “trying to have its cake and eat it”. The internet giant has strongly trumpeted its […]
Retail sales fell last month as shoppers cut Christmas spending in the face of price rises and the higher cost of living. Retail sales volumes dropped by 1 per cent, after a fall of 0.5 per cent in November, data from the Office for National Statistics shows. Economists had forecast a 0.5 per cent rise. […]
With its colourful numbers and hands helpfully labelled minute and hour, a children’s learning clock from Oyster & Pop, a family firm in Devon, is sold online for about £20. A Rolex Oyster watch, on the other hand, calls itself a “superlative chronometer” and costs nearer £5,000. Rolex is demanding that the smaller company change […]