Sainsbury's is to lay off 3,000 head office staff due to what it said was a 'particularly challenging cost environment', despite the firm seeing bumper Christmas sales.

Inflation is stuck above the BoE's 2% target and looks set to rise further while the economy has stagnated since the middle ...

The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...

It added to the gathering gloom over the economy at the start of the year as supermarket chain Sainsbury's yesterday revealed a cull of jobs while Primark said its sales were suffering.

Sainsbury's has announced it will cut 3,000 jobs as it shuts down its remaining cafés and closes its patisserie and pizza ...

ALCOHOL prices in pubs and supermarkets to be pushed up by a perfect storm of rule changes. Changes to tax on alcohol, ...

Britons are paying more to HMRC than ever before and that's set to continue with tax thresholds frozen until 2028.

Debt costs pushed up UK government borrowing more than forecast last month, highlighting the fiscal challenges facing ...

Chancellor Rachel Reeves ‘s financial headache has been inflamed by a surprise jump in borrowing in December, which leapt to a four-year high of nearly £18 billion.

The deficit was the highest for any December since 2020, when the government was forced to prop up closed businesses and spend billions of pounds on medical equipment because of the covid lockdowns ...

Government borrowing hit £17.8 billion in December, surpassing forecasts by £3.2 billion intensifying the debate over the ...

Catch up on Wednesday’s news, views and action from day three of the World Economic Forum in Davos, Switzerland.