Finanse

Spending by shoppers at British retailers grew less quickly in January but the overall picture looked a bit brighter as consumers treated themselves to cinema trips and booked holidays, surveys showed on Tuesday.more

Oil giant BP has more than doubled its 2022 profit to nearly $28 billion, the British company announced today. This is the best result in the company's 114-year history.more

Agreements for the purchase of the bankrupt Frankfurt-Hahn airport in the German state of Rhineland-Palatinate have been signed independently by two entities - a German company and the holding company of Russian oligarch Viktor Kharitonin, which has already paid €20 million toward the deal. Today, the company's creditors are expected to decide which of the deals will be implemented, the Bild newspmore

Some 80,000 medical appointments and 11,000 scheduled treatments were canceled yesterday in England due to a strike by medical staff, which media reports indicate is the largest ever in the public health service during the current wave of strikes.more

The City is defying predictions of a post Brexit jobs cull with last year seeing a record-breaking year for financial services jobs in England and Wales.more

Return tickets will be scrapped and new digital ticketing introduced under reforms of the British rail system expected to be announced this week. The two-way tickets, which offer a discounted rate, will be replaced by “single-leg pricing” which will mean that the price of two singles will be the same as the current return fare, according to the Telegraph. The idea was trialled by London North Easmore

Council tax bills in London’s most expensive borough are set to rise by an average of almost £125, it can be revealed. By comparison, the capital’s cheapest borough will add just over £9 to its share of bills – less than a quarter of the £38.55 increase that London mayor Sadiq Khan is imposing across the capital.more

A health minister has insisted there can be no re-examination of NHS pay for this year as the health service in England faces what is expected to be the biggest strike in its history, with no signs of a government plan to end the impasse.more

The leader of a union representing striking ambulance workers has called on Rishi Sunak to intervene in the NHS pay dispute. more

Rising paint prices and higher energy costs were among the reasons for a leap in the cost of motor insurance late last year, a trade body has said. more

London mayor Sadiq Khan has said he “absolutely regrets” his planned hikes in transport fares and council tax - which are both set to be the highest in at least a decade.more

Within weeks, the British government will hand over £2.3 billion raised from the sale of Chelsea London football club by Russian oligarch Roman Abramovich to a foundation working for Ukraine, but it still has to get approval from the European Union, the 'Daily Telegraph' reported.more

Already 72.8 per cent of us show symptoms of mental deterioration. 47 per cent noticed them only after a wave of price rises or credit instalments. Therefore, the condition will not improve quickly, reports "Rzeczpospolita" today.more

Debt collectors hired by British Gas have regularly broken into the homes of vulnerable people to swap their meters, requiring them to pay upfront, so that gas and energy supplies can be more easily cut off, 'The Times' revealed yesterday.more

Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia's invasion of Ukraine. Profits hit $39.9bn (£32.2bn) in 2022, double last year's total and the highest in its 115-year history.more

The British economy will fall into a recession this year, but it will be shallower and shorter than previously predicted, the Bank of England (BoE - Bank of England) has said. As expected, the bank raised interest rates for the tenth time in a row.more

Water bills are set to get the biggest increase in almost 20 years from April. The annual bill for an average household in England and Wales will hit £448, industry body Water UK has said. The 7.5% increase means customers will pay on average £31 more than last year.more

The self-assessment season may be over but after seven years of filing tax returns I have yet again been stung by an extra HMRC charge – payments on account.more

Even affordable London areas are now beyond the reach of local buyers on average salaries.more

Shoppers have been switching away from branded sauces, cereals and drinks, and opting for supermarkets' own-brand equivalents to save money at the till, research suggests.more

Up to half a million British teachers, civil servants, and train drivers walked out over pay in the largest coordinated strike action for a decade on Wednesday, with unions threatening more disruption as the government digs its heels in over pay demands.more

A major shake up at Tesco stores will see all food counters and hot delis close. Many have shut already as bosses make ‘difficult decisions’ for the business. more

The UK economy will shrink and perform worse than other advanced economies, including Russia, as the cost of living continues to hit households, the International Monetary Fund has said.more

The New York City Housing Authority (NYCHA), an agency established to provide affordable housing for low- and moderate-income New Yorkers, reported that 35 percent of people have failed to pay their rent. This is reported today by The New York Times.more

Multinationals boosted Ireland’s economy in Q4 2022, with faster growth in the sector than in the two previous quarters, estimates from the Central Statistics Office (CSO) showed.more