Category: bites
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New Look speeds up store closures as budget fallout bites
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Fashion retailer New Look is set to accelerate store closures as a result of Labour’s tax hike budget, while ‘chicken king’ Ranjit Boparan fights to pass higher costs on to supermarkets – signaling further pressure on UK businesses across the UK. Multiple sectors. It is understood that around a quarter…
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Surrey runs out of state school places for private pupils as VAT raid bites
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Surrey County Council has admitted it does not have enough state school places to accommodate children transferring from private schools, after the government imposed a 20 per cent VAT on independent education. Projections obtained through a Freedom of Information request show that for admissions in September 2025, it is expected…
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$2.4 Billion Worth Of Bitcoin Exit The Network As Bear Market Bites
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The Bitcoin market is experiencing a wave of uncertainty as a recent analysis by CryptoQuant reveals a major shift in investor behavior. Nearly $2.4 billion worth of Bitcoin, which investors may have acquired this year, has moved within the network, sparking debate about the reasons behind the exit. Related reading…
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Summer Job Cuts as Minimum Wage Increase Bites
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The recent increase in the minimum wage is putting significant pressure on employers, leading to a sharp decline in employment in the summer. New figures suggest employers are cutting back on seasonal hiring amid broader concerns about labor shortages in vital sectors of the economy. Data released by the Recruitment…
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Summer Job Cuts as Minimum Wage Increase Bites
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The recent increase in the minimum wage is putting significant pressure on employers, leading to a sharp decline in employment in the summer. New figures suggest employers are cutting back on seasonal hiring amid broader concerns about labor shortages in vital sectors of the economy. Data released by the Recruitment…