Home » Archives by category » Top Stories (Page 3)

Strike will severely hit Argos customers, union warns

Strike will severely hit Argos customers, union warns

Image copyright Getty Images A strike at Argos’ distribution centres will “severely hit” the retailer’s customers, a union has said. Unite members have begun a strike over what the union says is Argos’ failure to negotiate a national deal covering redundancy and severance packages. It has accused Argos of failing to guarantee that workers’ future […]

House price growth holding steady

House price growth holding steady

Image copyright PA The average price of a home in the UK went up by nearly £2,000 to £223,000 in June, according to official figures. The annual rate of increase is running at 4.9%, down from 5% in May, while prices rose 0.8% between May and June. The Office for National Statistics (ONS) figures show […]

Commuters braced for rises in regulated rail fares

Commuters braced for rises in regulated rail fares

Image copyright Getty Images Millions of rail users in the UK are bracing themselves for news of an increase in regulated rail fares from January 2018. Train operators are allowed to raise fares by as much as the Retail Prices Index (RPI) figure for July, expected to be in the region of 3.5%. The exact […]

Brexit: UK suggests ‘temporary customs union’ with EU

Brexit: UK suggests ‘temporary customs union’ with EU

Image copyright Getty Images Image caption The EU’s customs union means members charge the same tariff on goods coming from other countries The UK has set out the “ambitious new customs arrangement” it wants to secure with the EU after Brexit. Ministers said the plans would mean the “freest and most frictionless possible trade” with […]

Trump authorises possible China trade investigation

Trump authorises possible China trade investigation

Image copyright AFP US President Donald Trump has asked his country’s top trade official to review China’s practices regarding intellectual property. The move was incremental, but could eventually lead to the US imposing trade sanctions. Mr Trump is trying to balance working with China on relations with North Korea, with his “America-first” trade views. The […]

FTSE 100 rebounds after sell-off

FTSE 100 rebounds after sell-off

Image copyright Getty Images Shares rose on Monday as investors welcomed a cooling in rhetoric between the US and North Korea. The UK market had fallen sharply at the end of last week as tensions appeared to escalate, with Donald Trump saying the US military was “locked and loaded” to deal with North Korea. But […]

Trump set to order China trade investigation

Trump set to order China trade investigation

Image copyright AFP Donald Trump is set to launch an investigation into China’s trade practices later, a move which could lead to the US imposing sanctions. The president will sign a memorandum directing US Trade Representative Robert Lighthizer to look into China’s intellectual property practices. US officials have accused China of stealing intellectual property from […]

Japan’s economy grows at fastest pace for more than two years

Japan’s economy grows at fastest pace for more than two years

Image copyright Reuters Image caption Strong consumer spending helped to offset a drop in exports Japan’s economy grew at its fastest pace for more than two years in the second quarter as consumer spending and capital expenditure ramped up. Gross domestic product expanded at an annualised rate of 4% in the April-to-June period, government data […]

Telit chief Oozi Cats resigns after US fraud allegations

Telit chief Oozi Cats resigns after US fraud allegations

Image copyright Telit communications The head of Telit Communications, Oozi Cats, has resigned after an internal company investigation found he had concealed a US indictment against him. Telit launched an inquiry when it was alleged Mr Cats was actually Uzi Katz, who is wanted for fraud in the US. The internet company, which is listed […]

Pay growth to stay weak, says forecast

Pay growth to stay weak, says forecast

Image copyright AFP Pressure on incomes looks set to continue, with pay rises forecast at 1% over the next year, a survey predicts. Despite falling unemployment, wage growth is weak because the supply of labour has also gone up, says the Chartered Institute of Personnel and Development (CIPD). The CIPD said for every low-skilled job, […]