Boris Johnson U-turns over VAT on energy bills
Boris Johnson will consider slashing VAT on energy bills to help struggling families despite appearing to rule it out just three weeks ago.
ECONOMY
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ECONOMY
January 24, 2022 -
ECONOMY 
January 23, 2022 Bitcoin price crash becomes even more drastic as crypto owners lose hundreds of billions
An already dramatic crash in the crypto markets has become yet more drastic, with bitcoin and other digital currencies losing hundreds of billions of dollars from their value.
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ECONOMY
January 21, 2022 Wind farms take £160m off electricity bills as gas prices soar
Wind farms across Great Britain are returning millions of pounds to customers for the first time, helping soften some of the blow from a massive spike in energy prices.
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ECONOMY
January 19, 2022 Cheapest supermarket crown changes hands during 2021
Aldi has narrowly beaten its discount rival Lidl to be named the cheapest supermarket of the year, according to an annual survey by Which?
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ECONOMY
January 16, 2022 Unilever mounts takeover bid for GSK’s £50bn consumer arm
Unilever has launched a takeover bid for GlaxoSmithKline’s £50bn toiletries and over-the-counter medicines arm, in an attempt to boost its sluggish growth and tackle shareholder unrest.
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ECONOMY
January 14, 2022 Google announces £762m investment to buy UK office site
Technology giant Google is investing around £762.5 million in buying a site in London where it is currently a tenant. The purchase of the Central St Giles office is being made alongside a new development being built for the company in King’s Cross. Google said the move means it will have capacity for 10,000 employees in the UK. […]
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ECONOMY
January 12, 2022 Tesco takes bigger market share of vital Christmas trade
Market research group Kantar said the chain had grocery sales of £8.9billion for the 12 weeks to December 26. That is up 10.1 percent on pre-pandemic times, but down 0.9 percent on the same period in 2020.
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ECONOMY
January 11, 2022 Hotel chain adds unexplained ‘sustainability fee’ to room rates
A chain hotel has started charging guests a mysterious “sustainability fee” as a standard part of its room rate.
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ECONOMY
January 10, 2022 Brexit changes will add to soaring costs in 2022, warn UK manufacturers
Make UK, the industry body representing 20,000 manufacturing firms of all sizes from across the country, said that while optimism among its members had grown, it was being undermined by the after-effects of the UK’s departure from the EU.
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ECONOMY
January 7, 2022 One million to be pulled into higher rate of tax
More than one million people are set to be dragged into the higher rate tax band by 2026, with economists warning that Britain is facing the biggest cost of living crisis for a generation.
