It’s one of the most popular times of year to propose: according to Bridebook, a popular wedding planning app, more than 100,000 engagements take place during the holiday season. But as Brits feel the effects of years of high inflation, how much are people spending, what cuts are they planning and what happens to the … Read more
People from all parts of the UK, representing all age groups, including a significant majority of Labor voters, believe the rate of inflation will rise next year across a range of categories, since invoices and purchases until exits. Nearly three-quarters (71%) of those surveyed between November 22 and 25 expect the inflation rate to increase. … Read more
The owner of the UK’s largest natural gas storage site has warned of a depletion of stocks by the end of winter due to early cold weather and a lack of wind power. Centrica, which operates the North Sea crude plant, said stocks could be lower than in previous years due to higher demand. It … Read more
The owner of Britain’s best-known spa hotel has called on bankers to help explore strategic options on the eve of its centenary. Sky News has learned that Champneys has appointed Cavendish to advise on possible transaction opportunities, including the acquisition of a new site as well as the sale of the business. The company’s locations … Read more
HSBC Holdings, one of Britain’s biggest banks and Europe’s biggest lender by market value, is preparing to launch the hunt for its next chairman. Sky News has learned that HSBC’s board has appointed headhunters to orchestrate the recruitment of the successor to Mark Tucker, who has held the role since 2017. City sources said this … Read more
How inflation plays into this year’s Black Friday – CBS News Watch CBS News CBS News MoneyWatch correspondent Kelly O’grady examines the impact of inflation on Black Friday 2024 for both retailers and shoppers. Be the first to know Get browser notifications for breaking news, live events and exclusive reports. Not now To light up … Read more
Former Harry Potter star Rupert Grint has been ordered to pay £1.8million in tax. The Ron Weasley actor lost a legal battle with HM Revenue and Customs in 2019 and was ordered to pay the sum following an investigation into his tax return for the 2011-12 tax year. Squeak had received a sum of £4.5 … Read more
The BBC license fee will rise every year in line with inflation until 2027, the government has announced. This will mean bills will increase by £5, or an extra 42p per month, from April next year, bringing the total cost of a TV license to £174.50. The hike comes after a £10.50 increase increased the … Read more
Around half of UK mortgage holders will face higher interest rates over the next three years, the Bank of England has warned, amid concerns over the potential impact of the imminent return of Donald Trump at the White House. Its latest financial stability report – published twice a year – shows 4.4 million homes are … Read more
Typhoo Tea has entered receivership, but a buyer could already be on the verge of taking over the struggling business. Administrators were appointed for the more than 100-year-old tea brand on Wednesday, but a potential buyer has already emerged. Consumer goods wholesaler Supreme said its takeover discussions were “at an advanced stage”, but warned that … Read more