Category: Business

The High Street baker also said the price of ingredients and supplies was rising. But Greggs said it was confident about future trading. It said it would accelerate its store openings to 150 a year as part of an “ambitious” target to double turnover over next five years to about £2.4bn. In a trading update, […]

Boss Carlos Watson told broadcaster NBC that the firm was “open for business” again and this was its “Lazarus moment” – referring to the biblical character brought back to life by Jesus. Ozy shut on Friday after reports its co-founder had deceived potential investors during a conference call. Major advertisers cut ties and its chairman […]

Previously, the car’s 68-year-old petrol engine would have masked most other sounds. But driving beside the Thames in London all you can hear are a few creaks, and the revving of motorbikes and other traffic passing by. The image of electric vehicles (EVs) as sleek and futuristic is changing. Oswald is owned by a man […]

To hire a vehicle, customers must scan the QR code using the Lime app. However, customers in London and New York City have complained that many bikes have had the codes removed, leaving them unusable. Lime said vandals had been peeling the stickers off. It has now started sealing the QR codes behind a plastic […]

Those on standard tariffs, with typical household levels of energy use, will see bills go up by £139 to £1,277 a year, but the more energy a household uses, the higher their bill will be. Prepayment meter customers with average energy use will see a £153 increase. The cap has come under the spotlight owing […]

The value added tax relief applied to theatres, circuses, amusement parks, pubs, museums, zoos and cinemas, among others. The reduction from 20% was introduced by the government in July 2020 and was extended twice – to 31 March this year, and then again until 30 September. When he announced the first extension, chancellor Rishi Sunak […]

It posted a £154.7m loss as sales fell sharply in the year to 25 July, after a £34.1m loss a year earlier. Wetherspoon’s chairman Tim Martin criticised the “use of lockdowns and draconian restrictions”. Although the firm suggested that there were signs of recovery since restrictions eased, it is struggling to recruit staff in some […]