Biznes

Pret A Manger will give staff their third pay rise in 12 months, following other firms in boosting wages during a labour shortage. more

In a statement this afternoon, PayPal said it is proposing a reduction of 35 roles in Dublin and 27 roles in Dundalk. The proposed redundancies represent about 3% of PayPal’s total Irish workforce.more

Report finds leasing offers for new battery electric vehicles are 51% more expensive than equivalent petrol models.more

Russia's revenues from oil and gas exports fell by almost 40% in January this year. compared to the same month last year, Reuters reported, citing the International Energy Agency (IEA).more

Ocado has kicked off a pricing war with Tesco after revealing it lost more than half a billion pounds as shoppers filled up their baskets with fewer items since the pandemic. more

Twitter and Tesla CEO Elon Musk is once again the world's richest man, Bloomberg reports. Musk lost his title as the world's richest man last December.more

Rising milk, egg and margarine prices have contributed to a record increase in the cost of food and drink in shops, research suggests. more

Elon Musk has approached artificial intelligence specialists in recent weeks about setting up a new research lab to develop an alternative to ChatGPT, Reuters reported today, citing technology industry portal The Information.more

Associated British Foods says six-month figures helped by stronger-than-expected clothing performance.more

The Government’s surprise decision to end a decade-old investor residency programme – commonly known as a ‘golden visa’ scheme – came after concerns were raised about unvetted applicants and a lack of real job creation.more

The Chesterford Group's CEO says many prices are stabilising but there are additional costs still feeding through that are yet to be felt by customers seeking out the nation's favourite takeaway dish.more

The UK government saw a surprise surplus in its finances in January despite "substantial spending" to help with energy bills and EU payments. more

Nearly 15,000 British retail jobs have already been cut since January in a “brutal start to the year” for the high street. A total of 14,874 retail job losses have been announced by companies so far, according to analysis from the Centre for Retail Research (CRR).more

Uber Eats plans to expand its presence in Ireland after seeing a growth in small business activity on the platform since the pandemic. more

Elon Musk warned on Wednesday at the World Government Summit in Dubai that artificial intelligence is "one of the biggest threats" to civilisation.more

US electric car maker Tesla has fired dozens of workers for forming a union, the AP reported yesterday, citing the Workers United union headquarters.more

Budget supermarket Aldi has said it is on the hunt for another 400 workers in London as its rapid expansion across the capital continues. The German-owned firm said it is looking for people of all levels of experience to fill roles across the region, with salaries of up to £63,000.more

British Gas owner Centrica has posted huge profits after oil and gas prices soared last year, sparking renewed calls for energy firms to pay more tax. Its profits hit £3.3bn for 2022, more than triple the £948m it made in 2021. more

The price of five popular menu items at McDonald's is set to rise due to the cost of living crisis. more

High-end grocer to reduce prices of hundreds of items in its Essential range by average of 14%.more

It will come as no surprise to most of us that some areas of the UK contribute more to the nation’s economic output than others, with many factors affecting a city’s local economy. more

Scotland’s employment rate has reached a new high, after the latest figures showed a rise in the number of people in work.more

Ford has announced that it will cut jobs in Europe. Over the next three years, Germany - 2,300 and Great Britain - 1,300 will lose the most jobs.more

British employers expect to raise wages for their staff by the most in at least 11 years but the 5% pay deals for workers would still fall well below expected inflation, a survey published on Monday showed.more

Representatives of British arms companies are discussing in Kiev plans to produce weapons and military vehicles in Ukraine under British licence by joint ventures, The Sunday Telegraph reported yesterday.more