Business NEWS

UK firms offer cost-of-living bonuses as inflation soars

One in 20 big businesses in the UK have offered their staff a one-off bonus to help them cope with more expensive bills. A regular survey by the Office for National Statistics found … Continue reading “UK firms offer cost-of-living bonuses as inflation soars”


Tui reports £63m hit from recent airport chaos

Holiday company Tui remained loss-making in the three months to the end of June due to the cost of disruption at UK airports. In an interim financial report Tui said that its customers … Continue reading “Tui reports £63m hit from recent airport chaos”


Activision CEO Bobby Kotick Increases Activision Blizzard Staff by 25%

Activision Blizzard (ATVI) kicked off August with the release of its Q2 2022 earnings report. According to Activision CEO Robert Kotick, “Even in a challenging economic environment, with so many companies announcing hiring … Continue reading “Activision CEO Bobby Kotick Increases Activision Blizzard Staff by 25%”


Next in talks to make £15m investment in Joules

High street fashion retailer Next is in talks to acquire a minority stake in struggling fashion and lifestyle products chain Joules. The news comes after Joules appointed KPMG last month to assist with … Continue reading “Next in talks to make £15m investment in Joules”


High inflation presents ‘major challenge’, says Mitchells & Butlers

Restaurant and pub group Mitchells & Butlers has reported a 1.6% drop in sales in the financial year to date, and said that inflationary pressures are presenting “a major challenge to our business … Continue reading “High inflation presents ‘major challenge’, says Mitchells & Butlers”


Inquiry launched into UK’s high fuel prices

The UK competition regulator has launched an investigation into the high cost of petrol and diesel at forecourts across the country. The in-depth study by the Competition and Markets Authority (CMA) will look … Continue reading “Inquiry launched into UK’s high fuel prices”


Amazon faces investigation by UK competition watchdog

The Competition and Markets Authority (CMA) is investigating Amazon over concerns that practices affecting sellers on its UK Marketplace may be anti-competitive and could result in a worse deal for customers. Similar concerns … Continue reading “Amazon faces investigation by UK competition watchdog”


Pret A Manger to launch in India

UK coffee and sandwich chain Pret A Manger is to open in India under a franchise deal. The business will be operated by Reliance Brands, a unit of Reliance Industries, which is owned … Continue reading “Pret A Manger to launch in India”


Hypergrowth Strategies Used to Achieve Faster Success in Your Company

Hypergrowth – the exponential growth of a company that most entrepreneurs and investors seek. However, it can come with plenty of complexities, so it can tear a company apart just as fast as … Continue reading “Hypergrowth Strategies Used to Achieve Faster Success in Your Company”


Fighting Business Inflation With The Right Strategy

Many business owners are looking at the market right now, and they have a lot of worries. One big problem that many of them will face is inflation. Higher prices for raw materials … Continue reading “Fighting Business Inflation With The Right Strategy”


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