Category: Business

Bank ‘to raise interest rates’ despite slight fall in inflation | City & Business | Finance

Bank ‘to raise interest rates’ despite slight fall in inflation | City & Business | Finance

Its Monetary Policy Committee (MPC) was to meet on Thursday but the summit was postponed to September 22, following the…

Euro now in real trouble: ECB to deliver crucial decision in hours as crisis deepens | City & Business | Finance

Euro now in real trouble: ECB to deliver crucial decision in hours as crisis deepens | City & Business | Finance

The ECB is expected to deliver a second big interest rate hike this afternoon as it works to tame record-high…

Oil price drop: Crude hits fresh 7-month low as ‘fears of economic contagion’ fuel selloff | City & Business | Finance

Oil price drop: Crude hits fresh 7-month low as ‘fears of economic contagion’ fuel selloff | City & Business | Finance

Oil prices dropped sharply on Wednesday following a selloff which has already helped relieve the pressure facing US motorists at…

Cineworld thriller as chain tries to avoid final curtain | City & Business | Finance

Cineworld thriller as chain tries to avoid final curtain | City & Business | Finance

The move is used by struggling companies to give them breathing space from their creditors, so they can restructure and…

Plastecowood turns plastic waste into eco substitutes for timber and concrete | City & Business | Finance

Plastecowood turns plastic waste into eco substitutes for timber and concrete | City & Business | Finance

Taking the hardest to recycle packaging waste – including cling film – from commercial collectors, the company’s plant in Rhyl,…

Building industry dons hard hat as sector shrinks again | City & Business | Finance

Building industry dons hard hat as sector shrinks again | City & Business | Finance

A key index for the sector – from the S&P Global/CIPS purchasing managers – came in at 49.2 in August,…

Car maker Aston Martin needs a £576m injection | City & Business | Finance

Car maker Aston Martin needs a £576m injection | City & Business | Finance

The luxury firm offered new shares at a hefty discount to net the funds. It said it would use the…

Stalled service sector is yet another sign of a recession | City & Business | Finance

Stalled service sector is yet another sign of a recession | City & Business | Finance

Output in the sector – which accounts for the biggest chunk of the economy and includes pubs, restaurants, banks and…

Business leaders forced to multitask after letting staff go – due to cost-of-living crisis | City & Business | Finance

Business leaders forced to multitask after letting staff go – due to cost-of-living crisis | City & Business | Finance

Others have been involved in admin (32 percent), advertising (31 percent) and HR (27 percent). But 61 percent admitted they…

Shoppers in UK ‘casting off trappings of lockdown’ | City & Business | Finance

Shoppers in UK ‘casting off trappings of lockdown’ | City & Business | Finance

Annual sales figures from John Lewis reveal comfort is no longer king for customers. Its annual How We Shop, Live…