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Food price rises slow as UK inflation remains at 3.8%
Posted onCharlotte EdwardsBusiness reporter, BBC News Getty Images Food inflation fell, according to the latest figures Food and drinks prices in the UK are increasing at their slowest rate in more than a year, while overall inflation remains unchanged for the third month in a row. Month-on-month, the cost of food and non-alcoholic drinks actually edged…
Jaguar Land Rover to restart production on Wednesday after cyber-attack
Posted onCarmaker Jaguar Land Rover (JLR) has confirmed that output at some of its manufacturing sites will resume on Wednesday, as it continues to recover from a serious cyber-attack. Its production lines have been at a standstill since the start of September, following the attack. The phased return of staff will begin at some sites in…
Oil back above $110 after expletive-laden Trump threat to Iran
Posted onTrump wrote on Sunday: “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fuckin’ Strait, you crazy bastards, or you’ll be living in Hell – JUST WATCH! Praise be to Allah. President DONALD J. TRUMP”.
Rachel Reeves unveils plan to cut red tape for business
Posted onChancellor Rachel Reeves has said she plans to scrap “needless form filling” in a bid to boost business growth. Speaking at a regional investment summit in Birmingham, the chancellor said the reforms would boost growth and “make the UK a top destination for global capital”. Ahead of the Budget next month, Reeves acknowledged that “for…
