BLOG

Primark to cut 400 store management jobs

Kari Rodgers, Primark retail director for the UK, said: "The changes we're proposing will deliver a simplified and more consistent management structure across all of our stores, provide more opportunities for career progression and offer greater flexibility.

read more

US and UK finally sit down on steel tariffs

Under the Trump administration, the US imposed a 25% duty on foreign steel and 15% tax on foreign aluminium, setting off a firestorm of criticism - especially from allies, including the UK, who imposed tariffs on some US goods, such as whiskey, in retaliation.

read more

What high inflation means – in 90 seconds

Annual inflation, the rate at which prices increase, was up at 5.4% in December, the highest value for almost 30 years, according to latest figures.But what does it mean for you? The BBC's consumer affairs correspondent, Colletta Smith, breaks it down.Read more:...

read more

Biggest house price rise in coastal south west

Detached homes were becoming comparatively more expensive than other types of property, according to data from the Land Registry. In England, the average price of a detached homes was up 13.8% in a year, and in Wales it recorded an average 15.3% increase. In...

read more

Boss behind mass Zoom firing back in charge

"As you know, Better's CEO Vishal Garg has been taking a break from his full-time duties to reflect on his leadership, reconnect with the values that make Better great and work closely with an executive coach," Better.com's board said in an email to staff on Tuesday.

read more

Millionaires ask governments to pay more tax

The UK branch of Patriotic Millionaires said analysis by the Fight Inequality Alliance, the Institute for Policy Studies, Oxfam and itself found a wealth tax starting at 2% annually for those with more than $5m, 3% for people with more than $50m, and 5% for...

read more

AT&T agrees another 5G delay at US airports

"We are frustrated by the Federal Aviation Administration's inability to do what nearly 40 countries have done, which is to safely deploy 5G technology without disrupting aviation services, and we urge it do so in a timely manner," the firm said in a statement.

read more

Train services cut due to staff Covid absences

Meanwhile, c2c's website says that as well as improving reliability given increased staff sickness rates, the timetable it has introduced until further notice will also "enable [it] to save taxpayer money, as passenger demand has fallen significantly in recent weeks".

read more

Funeral costs drop for first time in 18 years

"Funerals are still relatively expensive, and half of people arranging a funeral in the last year looked for ways to keep funeral costs down - including choosing a cheaper coffin, spending less on flowers and having the wake at home," said Mark Screeton, chief...

read more

UK economy above pre-Covid levels in November

"In addition, rising taxes and borrowing costs, as well as elevated inflation, will squeeze households' purchasing power, while the lingering effects of supply chain bottlenecks together with a persistent shortage of labour could constrain production this year."

read more

Many postmasters still in the dark over justice

Mr Read said that 66 of those people who have seen their convictions overturned have applied for an interim £100,000 payment designed to "bridge the gap" until a full settlement can be reached. Of these, 57 have received these payments, with negotiations and possible...

read more