UK Business News

UK supermarket chain Asda have cut their fuel prices to 99.9p per litre today, a move likely to spark a price war with rival supermarket chains bound to follow Asda’s lead.
Asda say there is ‘no justification’ to charge over £1 per litre and has made the cuts on both petrol and diesel at it’s 176 [...]

[Read more →]

The Society of Motor Manufacturers and Traders (SMMT) say that the government ‘car scrappage‘ initiative has been a great success, with demand from private buyers improving for the first time since November 2007.
While new car registrations are still well below pre-crisis figures, new car sales for June 2009 stood at 176,264 compared to 209,190 for [...]

[Read more →]

Shop Direct, the company that bought the famous Woolworths brand name in February have said that they have had over one million visitors to the newly launched woolworths.co.uk online shopping site during it’s first week of trading.
Although no actual sales figures have been given the company says that in the first week consumers had ordered [...]

[Read more →]

British Gas has said that it will be creating 2,600 new jobs between now and 2012 as the company introduces the new smart meter to UK homes.
The smart meter technology allows suppliers to record consumer usage of gas and electricity remotely while allowing customers to see exactly how much energy they are using. The government [...]

[Read more →]

UK transport company National Express who won the franchise to run the East Coast railway London to Edinburgh line in August 2007, have announced that they will be handing the franchise back to the government as the recession has damaged it’s business plan to turn around the loss making business.
It will be the second time [...]

[Read more →]