Browsing: Business

BBC News says many UK families have cancelled half-term trips to mainland Spain and the Canary Islands because children over 12 must be double vaccinated to enter.

The Guardian says research has found the number claiming universal credit has more than doubled since the start of the pandemic to at least 2.3 million.

The Guardian says Rishi Sunak has warned households suffering from Britain’s worsening cost of living crisis to brace themselves for further increases in energy costs later this year.

BBC News says Millions of people facing a spike in energy costs will find out shortly how much more they will have to pay.

The Guardian says the Treasury is scrambling to complete 11th-hour plans capable of softening a national cost of living crisis.

Tescos says 1,600 jobs are on the line as it ends overnight restocking at some stores and converts some petrol sites to pay-at-pump during the night.

The Guardian says the company behind Irn-Bru has revealed it is increasing its prices after its packaging, ingredients and energy-linked commodity costs jumped, as it raised its sales and profit estimates.

The Independent says Ryanair missed its targets in December after the spread of Omicron forced governments to reimpose restrictions on international travel.

The Guardian says unemployed workers will be forced to take up a job in any sector or face swift financial sanctions under a crackdown designed to fill hundreds of thousands of vacancies in sectors from social care to construction.

. The Guardian says The UK economy grew at its slowest pace in almost a year in January as hospitality, leisure and travel businesses felt the impact of the Omicron

Pay rises wiped out by surging inflation: Wage rises were wiped out by the rising inflation late last year, according to official figures.

Amazon emailed UK customers on Monday to inform them that the proposed visa credit cards ban will no longer take place.

The Guardian says Marks & Spencer and Tesco enjoyed a strong Christmas trading period, partly as the rapid spread of Omicron prompted people to eat and drink more at home.

The Metro says more than half a million people cancelled flights from Heathrow in December alone due to travel fears about the Omicron.

Silicon Valley’s Theranos CEO Elizabeth Homes duped $4bn – the fake it until you make it approach. Now Holmes has been found guilty, will the Valley change?

A top financial app shared the best tips to take into 2022 to save money. Digital financial coaching app Claro Money says money saving can be challenging.

Christmas is over and it’s time to return any unwanted Christmas gifts before the new year starts. It’s helpful to know your rights ahead of heading out to the stores.

The Metro says Businesses affected by the Omicron wave of Covid are being offered grants of up to £6,000 to help them get through the crisis.

The Guardian says Shoppers have pulled back from UK high streets in the crucial final weekend of shopping before Christmas.

The Metro says Fast-growing cryptocurrency assets could pose a danger to the established financial system, a senior Bank of England official has warned.

The Independent says Inflation has risen to 5.1 percent increasing fears about the rising costs of living.

The Guardian says NatWest has been fined more than £264m for anti-money-laundering failures that involved black bin liners stuffed full of cash being deposited.

The blow to economic growth comes as President Jair Bolsonaro prepares for his re-election campaign.

The Sun says THE UK will enjoy the fastest growth of any advanced economy this year and next, international economists say.

The Guardian says House prices in the UK continued their upwards climb in November, reaching double-digit growth again.