Inflation and soaring temperatures deliver fastest supermarket sales growth for five years

The heatwave triggered a trolley dash for frozen foods and soft and alcoholic drinks, while grocery inflation of 3.2 per cent is adding an extra £133 to the average household’s annual shopping bill.  For the first time in four years, all the major grocery retailers rang up higher year-on-year takings, but the pace continued to be set by German-owned More...

by admin | Published 6 hours ago
By admin On Tuesday, June 27th, 2017

Co-operative Bank drops sale plans as £700m rescue deal looms

The loss-making lender, just 20 per cent owned by the mutual Co-op Group after a previous rescue by US hedge funds, put itself up for sale in February.  A consortium of Swiss and Qatari investment companies More...

By admin On Monday, June 26th, 2017

Online shopping: How to tackle parcel delivery problems

Two out of three people who have shopped online over the last year suffered from lost or damaged parcels and late deliveries, according to new research by Citizens Advice.  All too often those who paid extra More...

By admin On Sunday, June 25th, 2017

Gold price forecast: Gulf crisis and weak dollar set to boost precious metal

Investors have flocked to the precious metal over the past week, as the Gulf Crisis sees the rifts between Middle East countries growing. The weakened dollar has also heaped provide values with a lift. Gold More...

By admin On Saturday, June 24th, 2017

‘CANCER care has let us down’ Family's battle with NHS treatment funding

The couple cite a mix of budget and regional restrictions, inconsistent processing and assessments together with scant information.   This has driven them to seek donations to pay privately for the treatment More...

By admin On Friday, June 23rd, 2017

BREXIT PUNISHMENT: UK banks’ passporting rights NOT up for debate, snaps Brussels chief

The vice president of the European Commission declared that the idea of retaining so-called passporting rights outside of the single market is not up for debate. Trade and market access are supposed to be part More...

By admin On Thursday, June 22nd, 2017

Mark Carney WRONG about Britain's economy and UK interest rates, says top BoE economist

Andy Haldane raised expectations a hike could happen this year after he told an audience in Bradford he could soon change his position on the rate setting committee from hold to rise. The Bank’s top economist More...

By admin On Wednesday, June 21st, 2017

Record low interest rates send house prices SOARING for homeowners

Owners have seen the value of their properties doubling in some areas of the country while the average rise is £60,000 since the Bank of England dropped the base rate to its historic low of 0.5 per cent in More...

By admin On Tuesday, June 20th, 2017

Italy rules out saving dwindling banks before Brussels 'blocked a state-funded wind down'

After months of intense debates, Italy has decided against direct-state support to rescue the banks, amid emerging reports that European Union officials were set to forbid Rome from doing so. Regional banks More...

By admin On Monday, June 19th, 2017

Standard Life merger with Aberdeen Asset Management ‘to get the all clear’

The deal requires the backing of at least 75 per cent of Aberdeen shareholders and 50 per cent of Standard Life investors to get the go-ahead, but experts believe the merger will be given the all clear despite More...