Wednesday 27 October, 2021
Edition: English (UK)
Times Publications
Category Archives: UK TRADE AND BUISNESS

A motoring group accuses forecourts of “taking a bigger cut” and says global market forces are not solely responsible for rising fuel prices as a major industry body warns there is no end in sight. Sky News reported Petrol retailers...

The world’s top miners on Tuesday committed to a goal of net zero direct and indirect carbon emissions by 2050 or sooner, the International Council on Mining and Metals (ICMM) said. Reuters reports “ICMM members’ collective commitment...

Some 400,000 more lorry drivers are needed to plug a shortfall across Europe, according to consultancy Transport Intelligence. By Sky News The same estimates suggest that Poland needs at least 120,000 drivers, while Germany and France also have...

The government is facing calls to prioritise essential workers as some petrol supplies run dry amid impacts of a shortage of lorry drivers. Union Unison said that key workers should not be left stranded or forced to queue for hours for fuel,...

The inflationary pressures building in the UK has made a rise in interest rates next year more likely, and we are monitoring situation closely the central bank chief Andrew Bailey has warned.  The Guardian reports  Against a backdrop of rising...

Business groups have criticised plans for a National Insurance hike as a drag on jobs growth just as firms seek to recover from the COVID-19 crisis.  Sky News reported   The CBI’s president, Lord Bilimoria, said: “After all...

Morrisons has agreed a £7bn takeover by the US private equity group Clayton, Dubilier & Rice in the latest round in a fierce fight for control of the country’s fourth largest supermarket chain. From The Guardian reports The Bradford-based...

The CBI publishes a series of recommendations for the government 24 hours before ministers are due to update the lists governing where people could, and should not, travel to. By Sky News A business lobby group has demanded the economy is allowed...

Supermarkets warning of empty shelves. Underground lines closed due to staff shortages. A “pingdemic” that has told more than 500,000 people to self-isolate in the past week. Funny sort of freedom day. The Guardian has learnt from the current...

UK needs to stay alert to China’s ‘increasing international influence’ — while also pointing to the economic opportunities on offer. Rishi Sunak told the Mansion House recently The chancellor argues, the debate on China “lacks...