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The Bank of England’s ability to set effective interest rates is being hindered by unreliable labour market statistics, according to governor Andrew Bailey, who...
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Bank of England governor highlights ‘substantial problem’ with UK labour data accuracy in Mansion House speech
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Business
Meta Platforms has been fined €797.72 million (£663 million) by the European Commission over alleged anti-competitive practices involving Facebook Marketplace. The European Union regulator...
Business
When winter rolls around in the UK, the cold weather and low humidity can wreak havoc on our skin. Dryness, irritation, and a dull...
Business
In the rapidly evolving landscape of digital content creation, AI video generators have emerged as powerful tools that democratize video production. Among these, ViGeek...
Business
The Netflix co-founder Reed Hastings is stepping aside as co-chief executive of the world’s largest streaming service as it returns to growth. Ted Sarandos,...
Business
The casualty rate for pubs and restaurants in the pandemic is being matched by hospitality sector failures because of inflation, research suggests. Inflation in...
Business
Premier Foods has announced plans to close a manufacturing plant in Knighton, Staffordshire, in a move that could cost as many as 300 jobs....
Business
Lloyds Pharmacy is closing all 237 of its outlets in Sainsbury’s supermarkets amid fears of insufficient government funding for the industry. The group said...
Business
Britain is fast losing its reputation as a hub for wealthy investors and businesspeople, with hundreds more millionaires leaving last year. In 2022 a...
Business
The launch of a long awaited deposit return scheme for plastic bottles in England is expected to be announced by the government. Five years...
Business
Rishi Sunak has suggested the government cannot afford any immediate tax cuts, saying people are “not idiots” and understand what is unaffordable. But the...
Business
Building on the success of its launch event, the Evening Standard’s SME XPO 25-26 April 2023 at ExCeL London, once again invites founders, entrepreneurs...
Business
With its colourful numbers and hands helpfully labelled minute and hour, a children’s learning clock from Oyster & Pop, a family firm in Devon,...
Business
Twitter remains in the grip of an advertising squeeze, with the social media platform hit by a 40% drop in revenue after more than...
