Inflation unexpectedly fell to 2.5% after two months of rising, according to official figures. This means prices are still rising, but at a slower rate than before, according to December data from the Office for National Statistics (ONS). Economists expected this figure to remain at 2.6%, the level recorded in November. Inflation is still above … Read more
Prices in stores will rise in 2025 as the key Christmas period failed to meet retailers’ expectations, industry data shows. According to the British Retail Consortium (BRC) and big four accounting firm KPMG, in-store sales rose just 0.4% during the ‘golden quarter’, the three critical months for October shopping. to December. Many retailers rely on … Read more
Demand for new staff at businesses has fallen to levels seen in 2020 following last month’s budget, according to a survey of major recruitment consultants. A monthly report from the Recruitment and Employment Confederation (REC) and accountants KPMG suggests the chancellor’s corporate tax raid Rachel Reeves on October 30, employers were forced to “reassess their … Read more
British car production has slowed, industry figures show, the latest sign of a struggling sector. For the eighth month in a row, UK car manufacturing has fallen, according to data from the Society of Motor Manufacturers and Traders (SMMT). In October, 15.3% fewer cars rolled off factory lines compared to the same month last year, … Read more
The Horizontal Falls is one of Australia’s strangest natural sights. It’s a rare mix of rugged coastal terrain and strong tides that attracts large groups of people willing to pay a lot to see it up close. But soon things will be different. Ocean waves crash between two small cracks in cliffsforming a wave that … Read more