CMI data shows staff working from home is becoming normal for some UK firms

Staff spending part of week working from home is becoming normal for some firms, according to data By Daily Mail City & Finance Reporter Published: 22:06 GMT, 18 February 2022 | Updated: 22:09 GMT, 18 February 2022 Staff spending part of the week working from home is becoming normal for some firms, according to data.  … Read more

UK moves a step closer to joining £8trillion trans-Pacific trading club

Britain moves a step closer to joining £8trillion trans-Pacific trading club including Australia, Canada, Japan and Mexico UK has entered final stage of accession process to trans-Pacific trading group Group including Australia, Canada, Japan and Mexico has GDP of £8trn-plus Joining is central to Boris Johnson’s pivot away from EU to faster-growing areas  By James … Read more

Buy now, pay later borrowers in line for payouts after FCA crackdown

Buy now, pay later borrowers in line for payouts after FCA crackdown finds firms charged unfair late payment fees Clearpay, Laybuy and Openpay have pledged to refund borrowers Klarna and others agreed to change terms in their unfair and unclear contracts By Camilla Canocchi for Thisismoney.co.uk Published: 13:57 GMT, 14 February 2022 | Updated: 14:08 … Read more

Sotheby’s members slam owner Drahi over closure of benefit scheme 

Fresh questions have arisen over top BT shareholder Patrick Drahi amid claims he has sold Sotheby’s pensioners down the river. The French tycoon, who has amassed an 18 per cent stake in BT over the past seven months through his firm Altice, also owns Sotheby’s and is looking to list the famous auction house in … Read more

UK energy price cap jump rise to push inflation over 7% as experts question BoE intervention

Energy price cap jump will drive inflation beyond 7% as cost of living crisis deepens – and experts question whether BofE intervention can help The Bank of England now believes CPI could hit 7.25% by April  Energy costs have been a key driver of inflation and rate cap hike deepens issue Inflation is not expected … Read more

UK households are borrowing more and saving less as inflation surges, Bank of England figures reveal

Households are borrowing more and putting less money into savings, according to Bank of England figures. Some experts pointed to the statistics as evidence of people trying to maintain their lifestyles as their incomes are battered by high Inflation. They also said the figures suggest householders are starting to dip into extra savings built up … Read more

BAE targeting space firms to beef up its satellite communications work

Defence giant BAE targeting space firms to beef up its satellite communications work By Francesca Washtell For The Daily Mail Published: 22:20 GMT, 31 January 2022 | Updated: 22:57 GMT, 31 January 2022 BAE Systems is on the hunt for space companies as it races to bolster its satellite communications work. The FTSE 100 defence … Read more

Yodel makes first ever annual profit thanks to pandemic parcels boom  

Delivery firm Yodel makes first ever annual profit thanks to pandemic parcels boom By Daily Mail City & Finance Reporter Published: 22:20 GMT, 31 January 2022 | Updated: 22:54 GMT, 31 January 2022 Yodel has made its first ever annual profit after demand for parcel delivery services surged in the pandemic, according to its boss. … Read more

Retired engineer becomes first person in England to supply households with cheaper green energy

A retired engineer has become the first person in the country to supply local households with cheap green energy from his own wind turbine.  Pete Bailey, 69, provides 17 households with electricity from his 50kw turbine, which is located on his land in Salwayash near Bridport, Dorset, as part of a pioneering scheme. The renewable generator … Read more