Rolling coverage of the latest economic and financial news, as UK private sector output rises at fastest pace for nine months
UK retail sales dampened as shoppers stay home in wet weatherWhat are the UK’s ‘fiscal rules’ and why is the OBR under attack?
Shares in Greggs have jumped 2.5% in early trading, after it reported a 27% rise in profits this morning (see 7.47am).
Most of the bakery chain’s staff will also benefit, as Greggs shares 10% of its profits with team members with at least six months of service.
“The Spring Budget presents a pivotal moment for addressing the pressing concerns facing petrol retailers across the UK.
Fuel duty has long been a key concern, providing relief to motorists amidst escalating living costs. Temporary cuts and freezes have been welcome, offering relief amidst economic uncertainty. However, the prospect of reversing these measures poses a threat, potentially aggravating the financial strain on consumers already grappling with volatile global energy prices.
Continue reading… The Guardian Read More Rolling coverage of the latest economic and financial news, as UK private sector output rises at fastest pace for nine monthsUK retail sales dampened as shoppers stay home in wet weatherWhat are the UK’s ‘fiscal rules’ and why is the OBR under attack?Shares in Greggs have jumped 2.5% in early trading, after it reported a 27% rise in profits this morning (see 7.47am).Most of the bakery chain’s staff will also benefit, as Greggs shares 10% of its profits with team members with at least six months of service.“The Spring Budget presents a pivotal moment for addressing the pressing concerns facing petrol retailers across the UK.Fuel duty has long been a key concern, providing relief to motorists amidst escalating living costs. Temporary cuts and freezes have been welcome, offering relief amidst economic uncertainty. However, the prospect of reversing these measures poses a threat, potentially aggravating the financial strain on consumers already grappling with volatile global energy prices. Continue reading…
