UK shop prices fall at fastest rate since 2021 despite rising fresh food inflation | Retail industry

UK shop prices fall at fastest rate since 2021 despite rising fresh food inflation | Retail industry

Prices in UK shops are falling at the fastest rate since 2021 despite an increase in fresh food inflation as wet weather hit UK production while the cost of olive oil and sugary snacks continues to be affected by the climate crisis. Overall shop price deflation was 0.6% in September compared with 0.3% in August, … Read more

Salt Life is closing all stores across 10 states

Salt Life is closing all stores across 10 states

TAMPA, Fla. (WFLA) — Salt Life, a brand synonymous with Florida’s ocean-loving culture, is closing all of its physical stores as part of a significant transition to a wholesale and e-commerce business model. The move follows the acquisition of the brand by Iconix International Inc., in partnership with Hilco Consumer-Retail Group, after a bankruptcy auction. … Read more

stock recommendations: Hot Stocks: 3 stocks that may give returns between 13-29%

stock recommendations: Hot Stocks: 3 stocks that may give returns between 13-29%

Indian Railway Finance Corporation Share Price 158.72 03:59 PM | 30 Sep 2024 1.91(1.22%) Suzlon Energy Share Price 80.05 03:59 PM | 30 Sep 2024 -1.05(-1.29%) Indian Renewable Energy Development Agency Share Price 234.88 03:59 PM | 30 Sep 2024 2.69(1.16%) Tata Motors Share Price 974.65 03:59 PM | 30 Sep 2024 -18.36(-1.85%) YES Bank … Read more

Starmer urged to help households as energy bills rise by £149 a year | Energy bills

Starmer urged to help households as energy bills rise by £149 a year | Energy bills

Keir Starmer has been urged to intervene to help households tackle rising gas and electricity bills this winter, as average energy bills rise by £149 a year from Tuesday. The Resolution Foundation thinktank said the prime minister must “do more to support vulnerable households” no longer eligible for winter fuel payments – as well as … Read more

CVS to lay off nearly 3,000 employees

CVS to lay off nearly 3,000 employees

WOONSOCKET, R.I. (WPRI) — CVS Health is planning to lay off nearly 3,000 employees nationwide, a company spokesperson confirmed Monday. CVS spokesperson Mike DeAngelis said in a statement to Nexstar’s WPRI that the pharmacy giant will be eliminating 2,900 jobs, citing “continued disruption, regulatory pressures and evolving consumer needs and expectations.” Salt Life is closing … Read more

Mike Ashley’s Frasers Group makes £83m offer for handbag maker Mulberry | Mergers and acquisitions

Mike Ashley’s Frasers Group makes £83m offer for handbag maker Mulberry | Mergers and acquisitions

Mike Ashley’s Frasers Group has filed a possible £83m offer to buy the luxury brand Mulberry as it expressed concerns about the future of the British handbag maker. Frasers – the owner of Sports Direct, Evans Cycles, the House of Fraser department stores, the luxury streetwear chain Flannels and multiple brands from Slazenger to Jack … Read more

Verizon 'making progress' after nationwide outage as services come back

Verizon 'making progress' after nationwide outage as services come back

(NEXSTAR) — While multiple cellphone and internet providers were working to restore services Monday after Hurricane Helene struck the Southeast, one company was struck by a “nationwide outage.” User reports for problems with Verizon, AT&T, and T-Mobile initially spiked on Downdetector, a site that tracks outages across platforms and services, at around 10 a.m. ET. … Read more

Murdoch-backed REA abandons attempt to take over Rightmove | Rightmove

Murdoch-backed REA abandons attempt to take over Rightmove | Rightmove

The Rupert Murdoch-backed real estate company REA Group has abandoned its attempt to take over the website Rightmove after its fourth offer was rebuffed on Monday. The Australian group majority-owned by Murdoch’s News Corp announced that it had decided not to make a formal bid, hours after Rightmove’s board rejected its £6.2bn proposal made on … Read more

Is UK maternity pay excessive and how much does it cost the taxpayer? | Maternity & paternity rights

Is UK maternity pay excessive and how much does it cost the taxpayer? | Maternity & paternity rights

What is the controversy about maternity pay? The Conservative leadership candidate Kemi Badenoch was asked on Sunday if she thought maternity pay was at the right level. Her reply was taken to mean she thought maternity pay was “excessive”.  “Statutory maternity pay is a function of tax; tax comes from people who are working,” she … Read more

Delhi Capitals owner buys majority stake in Hampshire CCC for £120m | Hampshire

Delhi Capitals owner buys majority stake in Hampshire CCC for £120m | Hampshire

Rod Bransgrove, Hampshire’s chairman, has hailed a “landmark” £120m deal to sell the club to the co-owners of the Indian Premier League’s Delhi Capitals and has predicted other counties will follow suit. The deal makes GMR Group the first overseas owners of an English county cricket team. Bransgrove is confident they will not be the … Read more