News
Government food price caps would be "preposterous and idiotic, say supermarkets
2+ hour, 7+ min ago (948+ words) Supermarket bosses have said any price caps on the cost of essential food would be "completely preposterous" and "idiotic". It follows reports that the Government has urged supermarkets to limit the price of products such as eggs, bread and milk…...
UK to narrowly avoid recession and jobless rate to surge, Item Club warns
2+ mon, 1+ week ago (416+ words) Britain is to "flirt" with recession and unemployment will be sent soaring amid the fallout of the Iran war, according to economic forecasters. The latest Item Club report predicts the economy will flatline in the second and third quarters, which…...
Persimmon flags worries over homebuyer confidence amid Iran conflict
2+ mon, 2+ week ago (596+ words) Housebuilder Persimmon has cautioned the Iran conflict could knock buyer sentiment amid fears interest rates will stay higher for longer if inflation is sent soaring. The group said it was "monitoring the impact the conflict with Iran could have on…...
Oven Pride firm Mc Bride sees "first signs" of supply shortages due to Iran war
2+ mon, 3+ week ago (293+ words) Oven Pride household goods group Mc Bride has revealed "temporary" price hikes to cover increased costs from the Iran war and warned it was seeing the first signs of supply shortages caused by the conflict. The group, which makes branded…...
Financial distress funding in council budget may not have to be used, say officers
3+ mon, 2+ week ago (425+ words) A key source of funding for financially distressed local authorities referred to in the Isle of Wight Council's 2026/27 budget plans may not have to be used, senior council officers have said. Both chief financial officer Chris Ward and monitoring officer…...