2+ hour, 8+ min ago   (561+ words) Hundreds of employers have been named by the Government for failing to pay workers the National Minimum Wage. Around £4 million in wages has been repaid to more than 27,000 workers by 658 employers following “robust” enforcement action. Ministers said they were determined…...

1+ week, 6+ day ago   (461+ words) Retail sales slipped back in July as clothing sales fell at the fastest rate for more than a year, according to official figures. The Office for National Statistics (ONS) said retail sales volumes declined by 0.5% in July, compared with the…...

1+ mon, 4+ day ago   (336+ words) Mortgage lending was higher last month despite increases in rates for homeowners, according to Bank of England figures. The central bank said in its regular money and credit report that net borrowing of mortgage debt jumped to £7.7 billion in June,…...

1+ mon, 1+ week ago   (319+ words) Consumer confidence has seen a significant six-point “Burnham bounce” – the largest increase since November 2023. GfK said the heatwaves, football success and a new Prime Minister appeared to have “lifted the mood”, albeit the headline figure remaining firmly in negative territory…...

1+ mon, 1+ week ago   (448+ words) Grocery price inflation has slowed to its lowest rate since December 2024 as the World Cup and heatwaves drove the highest number of supermarket trips in more than five years. Supermarket prices were 2.6% higher than a year ago over the four…...

1+ mon, 3+ week ago   (375+ words) Activity in the UK housebuilding sector fell at the fastest pace so far this year as the wider construction sector remained firmly in contraction, according to new figures. The S&P Global UK construction PMI showed a reading of 38.4 in…...

2+ mon, 2+ week ago   (601+ words) Britain’s economy contracted last month for the first time in eight months amid signs that the Iran war is beginning to take its toll on some sectors. The Office for National Statistics (ONS) said gross domestic product (GDP) declined by…...

2+ mon, 3+ week ago   (386+ words) Oil prices have risen and stock markets are under pressure as hostilities resumed between Israel and Iran after a fresh round of airstrikes. Investors reacting to the conflict was helping fuel a downturn in the world’s financial markets. The price…...

3+ mon, 1+ week ago   (638+ words) Britain’s unemployment rate has risen and vacancies tumbled to a five-year low in the first signs of the Iran war taking its toll on an already under-pressure jobs market. Official figures showed the jobless rate rose unexpectedly to 5% in the…...

5+ mon, 3+ week ago   (732+ words) Mortgage borrowers looking for a new deal will have some “unwelcome news”, a website has warned, as it saw a flurry of lenders reveal hikes to their rates, pushing up average fixed rates for homeowners to choose from. Financial information…...