UK Business News

Hauliers across the UK are uniting today in protest at the governments planned fuel tax increase, the drivers will congregate at Marble Arch in London for a rally, while a delegation from Transaction 2007 will deliver a petition to the Prime Minister demanding the introduction of a fuel duty rebate.
The lorry drivers consider that the [...]

[Read more →]

Recent increases in the price of oil could spell the end of budget priced flights, experts are warning, with investment bank Credit Suisse insisting that urgent action needs to be taken.
Larger companies such as British Airways, Air France-KLM and Qantas are hoping to trade their way out of trouble by increasing fares, but things will [...]

[Read more →]

High Street retail sales fell by 0.2% last month, a similar fall to that in March, a smaller decline than had been expected by the City, ruling out the slim chance of another cut in interest rates.
Sales on food and household goods showed some signs of reduction, but these were outweighed by strong demand for [...]

[Read more →]

Senior Executives made redundant in the UK have doubled in the last year, says a report by The National Management Salary Survey.
The survey shows that 3% of Senior Executives were made redundant in 2007 up from 1.4% in the previous year. Redundancies in the manufacturing industry were the most affected sector making up 7% of [...]

[Read more →]

Marks & Spencers has announced profits of £1bn for the first time in ten years. The high street business has seen its fortunes fluctuate during those ten years but Chief executive Sir Stuart Rose now sees the company as a ‘ strong business in a weak market’ and is confident that M&S will survive the [...]

[Read more →]