Government

Angling Direct ups guidance following year of strong sales

Angling Direct has upped its full-year guidance following a full year of strong trading, expecting to report a 7.2% increase…

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End of free Covid tests will harm workers, Union warns

Ending free tests and self-isolation rules, along with no masks, represents a “triple whammy” for Covid safety in stores, according…

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Retail sales up 1.9% in January 2022

Retail sales volumes rose by 1.9% in January 2022 following a fall of 4.0% in December 2021, according to the…

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Employers set to award record pay rises in 2022

Employers have reported that the median basic pay increase in their organisation (excluding bonuses) in the 12 months to December…

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BoE raises interest rates to 0.5%

The Bank of England (BoE) has raised interest rates for the second time in three months to 0.5%, up from…

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Energy price cap to rise 54% from April

Retail bosses are braced for a spending squeeze after it was revealed the energy price cap is set to increase…

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Store vacancy rate improves for first time since 2018

New research has found the number of vacant stores has decreased for the first time since 2018, according to the…

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Inflation hits 30-year high

Inflation reached 5.4% in December, its highest rate since CPIH stood at 5.1% in May 1992, according to the latest…

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Next cuts sick pay for isolating staff who are unvaccinated

Next has reportedly cut sick pay for staff who are unvaccinated and are forced to isolate due to contact with…

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Price rises to pick up momentum in 2022

Shop price annual inflation accelerated to 0.8% in December, up from 0.3% in November with prices set to rise in…

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