The Standard Business

Younger workers more likely to suffer burnout as generation gap grows – survey

Aine Fox — Fri, 17 Jan 2025 00:01:00 GMT

A charity said its survey findings show conversations are needed on changing attitudes and expectations around work.

Telecoms bills must now be in pounds and pence format to end ‘nasty surprises’

Josie Clarke — Fri, 17 Jan 2025 00:01:00 GMT

Phone, broadband and pay TV providers are now banned from linking price rises to future rates of inflation.

Best and worst energy firms revealed as customer choice slowly returns

Josie Clarke — Fri, 17 Jan 2025 00:01:00 GMT

British Gas, Scottish Power and Ovo Energy languish at the bottom of the annual rankings compiled by Which?

Rail union calls off two strike days while Avanti West Coast talks continue

Alan Jones — Thu, 16 Jan 2025 22:30:21 GMT

RMT members have been taking industrial action in a dispute over rest-day working.

Luxury stocks rally globally amid signs of recovery in demand

Alex Daniel — Thu, 16 Jan 2025 17:07:51 GMT

Watches of Switzerland and Burberry’s share prices climbed after Cartier-owner Richemont posted booming sales.

BP to axe 4,700 jobs globally amid cost-cutting drive

Alex Daniel — Thu, 16 Jan 2025 14:45:56 GMT

The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.

All the businesses that have warned of price hikes for customers on the back of Rachel Reeves' budget

Nuray Bulbul — Thu, 16 Jan 2025 14:24:48 GMT

An open letter signed by more than 80 retailers warned the new measures could result in increased expenses and possible job losses

No need for City minister to recuse herself over past lobbying, No 10 says

Helen Corbett — Thu, 16 Jan 2025 14:03:09 GMT

Emma Reynolds reportedly lobbied on behalf of Chinese businesses in a previous job.

CAB Payments to cut workforce by a fifth

Henry Saker-Clark — Thu, 16 Jan 2025 13:08:49 GMT

It is understood that it will cut around 80 jobs as part of the plan, with the vast majority of job losses in the UK.

Premier Inn owner’s sales drop as it converts restaurants to hotel rooms

Alex Daniel — Thu, 16 Jan 2025 12:54:26 GMT

Whitbread saw a 2% dip in quarterly sales amid a £500 million revamp of its estate of restaurants across the UK.

More strike days planned for sixth form college teachers in pay dispute

Eleanor Busby — Thu, 16 Jan 2025 12:44:40 GMT

The National Education Union has already staged seven days of action in 32 sixth form colleges in England since November.

Young’s cheers jump in festive sales ahead of Budget headwinds

Henry Saker-Clark — Thu, 16 Jan 2025 11:40:33 GMT

Total managed revenues were up 30.4% for the five weeks to January 13, with like-for-like sales up 11.6%.

Business Secretary ‘will not yet commit to backing miscarriage leave amendment’

Helen Corbett — Thu, 16 Jan 2025 11:03:35 GMT

Some MPs are seeking to make the two-week leave period available to those bereaved as a result of pre-24 week pregnancy loss.

PM warns it will take time to revive economy after weaker-than-expected growth

Holly Williams — Thu, 16 Jan 2025 10:57:51 GMT

The Office for National Statistics estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Lenders expect mortgage demand to shrink in early 2025, Bank of England finds

Vicky Shaw — Thu, 16 Jan 2025 10:36:20 GMT

The latest survey findings point to the financial strain on households against a backdrop of continued inflationary pressures, one expert said.

FTSE 100 Live 16 January: Index rally continues, Burberry jumps after Richemont update

Graeme Evans — Thu, 16 Jan 2025 10:34:42 GMT

Fears of a technical recession were stoked today by figures showing the UK barely grew in November.

Weaker-than-forecast rebound in growth keeps Chancellor under pressure

Holly Williams — Thu, 16 Jan 2025 10:33:14 GMT

The ONS estimated the UK economy grew in November by 0.1% after falling by 0.1% in both September and October.

Poundland owner to take ‘immediate measures’ to halt chain’s sales slump

Henry Saker-Clark — Thu, 16 Jan 2025 10:20:31 GMT

Pepco Group said the UK business will increase the number of products it sells for £1 or less in a bid to improve its performance.

Business Secretary worried about US tariff war that would hit the public

Helen Corbett — Thu, 16 Jan 2025 10:09:31 GMT

Jonathan Reynolds said Donald Trump’s presidency could be a ‘challenging time’ for trade.

Interest rates 'to be cut within weeks' as weak GDP figures deal new blow to Labour Chancellor Rachel Reeves

Nicholas Cecil and Jonathan Prynn — Thu, 16 Jan 2025 09:50:56 GMT

The Bank of England’s Monetary Policy Committee is expected to cut interest rates in early February

Regulator must show its teeth over some practices by insurers, says Which?

Vicky Shaw — Thu, 16 Jan 2025 09:43:53 GMT

The consumer group has highlighted three ‘common misconceptions’ that can lead to confusion over whether people are covered.

Taylor Wimpey cautions over rising construction costs amid ‘uncertain’ market

Anna Wise — Thu, 16 Jan 2025 09:14:25 GMT

The developer nonetheless said it was beginning 2025 on stronger footing thanks to an uptick in sales over the second half of last year.

Rachel Reeves hit by major new setback as 0.1% GDP growth disappoints

Jonathan Prynn — Thu, 16 Jan 2025 08:56:48 GMT

The growth will do little to ease fears of a possible technical recession for the UK economy over the winter

JD Sports warns on profits again in latest blow to high street

Jonathan Prynn — Thu, 16 Jan 2025 08:50:07 GMT

Latest alert takes retail giant further away from the £1 billion profit landmark

Young's toasts "exceptional" trading in its pubs over Christmas and New Year

Jonathan Prynn — Thu, 16 Jan 2025 08:26:57 GMT

The Wandsworth based operator follows Fuller’s and Mitchells & Butlers in revealing double digit sales growth

Deliveroo sees orders and spending grow after expanding shopping ranges

Anna Wise — Thu, 16 Jan 2025 08:00:06 GMT

The boss of the delivery firm said it had been able to ‘bring even more of the neighbourhood to consumers’ doors’.

OPINION - Unshackle London and the capital will drag Britain out of stagflation

Chris Blackhurst — Thu, 16 Jan 2025 07:38:45 GMT

We may not be in recession...yet but the markets have made up their own minds about prospects for the UK