Business News

‘Significant action’ needed to stabilise UK finances, warns OECD

The OECD has warned Chancellor Rachel Reeves of the need for significant fiscal reform to stabilise the UK's public finances, suggesting tax reforms, changes to pensions, and increased public investment ahead of her first budget in October. Read mor...

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Asda co-owner Mohsin Issa steps back as Lord Rose takes temporary charge

Asda co-owner Mohsin Issa steps back from daily operations to focus on his role at EG Group, as the supermarket struggles with falling market share and awaits a permanent chief executive. Read more: Asda co-owner Mohsin Issa steps back as Lord Rose...

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Call to Reinstate VAT-Free Shopping to Support UK Fashion Industry

The UK fashion industry calls for the government to bring back VAT-free shopping for tourists, helping boost the economy and remain competitive globally. Read more: Call to Reinstate VAT-Free Shopping to Support UK Fashion Industry ...

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Over One-Third of Women Believe They Receive Unequal Pay, Survey Finds

New survey shows 36% of women believe they are paid less than men in their organisation, ahead of International Equal Pay Day on 18th September. Read more: Over One-Third of Women Believe They Receive Unequal Pay, Survey Finds ...

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BlackRock and Microsoft to Launch $100bn AI Infrastructure Fund

BlackRock and Microsoft team up to launch a $100bn AI infrastructure fund, focusing on data centres and energy infrastructure to support the booming AI sector. Read more: BlackRock and Microsoft to Launch $100bn AI Infrastructure Fund ...

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UK Retailers Enjoy 40% Boost in Summer Sales as Price Cuts Drive Demand

UK retailers see a 40% rise in summer sales, with £40 million in products sold as price cuts attract shoppers amid inflation easing and rising consumer confidence. Read more: UK Retailers Enjoy 40% Boost in Summer Sales as Price Cuts Drive Demand ...

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UK Inflation Holds Steady at 2.2%, Core Inflation Rises

UK inflation remained at 2.2% in August, while core inflation rose to 3.6%. The Bank of England is expected to hold interest rates steady at 5% in its next decision. Read more: UK Inflation Holds Steady at 2.2%, Core Inflation Rises ...

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Labour Ministers Ease Up on Enforcing Three-Day Office Week for Civil Servants

Labour ministers are adopting a relaxed approach to enforcing office attendance for civil servants, prioritizing flexible working over mandatory office hours. Read more: Labour Ministers Ease Up on Enforcing Three-Day Office Week for Civil Servants...

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Tesco may use AI and Clubcard data to nudge shoppers towards healthier choices

Tesco plans to use AI and Clubcard data to encourage healthier purchases by monitoring customer choices, sparking debate on privacy and consumer autonomy. Read more: Tesco may use AI and Clubcard data to nudge shoppers towards healthier choices ...

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Customer Satisfaction and QMS: Ensuring Continuous Feedback and Improvements

Satisfied customers are always expected to come back and refer others too with your products/services. Read more: Customer Satisfaction and QMS: Ensuring Continuous Feedback and Improvements ...

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