Npower hikes energy bills for 1m customers
[unable to retrieve full-text content]Big Six energy supplier npower is to increase standard variable energy tariffs by 5.3% in a price hike affecting around a million customers.
Source: Sky
Author: Nathan Bissitt
Industrial dispute mediators go on strike
Staff at conciliation service Acas – which works to resolve industrial disputes – are staging a 24-hour strike over issues including “unmanageable” workloads. Members of the Public and Commercial Services (PCS) union are walking out from
US turns the sanctions screw on Iran
Just three days after pulling out of the Iran nuclear deal the US has begun to make good on Donald Trump’s promise to increase sanctions against Tehran. Along with the United Arab Emirates, the US treasury has moved against six individuals and three companies it
Potholes costing motorists £1m a month
Potholes are forcing drivers and insurers to shell out at least £1m a month on repair bills, the AA has found. The number of pothole-related claims has soared this year, with more during the first four months of 2018 than the whole of 2017. Across the UK there will
BT must slim down to face future challenges
There will be several reactions to news that BT is cutting some 13,000 jobs on a gross basis and 7,000 on a net basis. The unions and the Labour Party will, naturally, say – as, indeed, the Shadow Business Secretary Rebecca Long-Bailey did – that this is
Online estate agents in £100m merger talks
The online estate agents eMoov and Tepilo are in talks about a merger that would pave the way for the creation of a publicly quoted rival to Purplebricks, the industry leader. Sky News has learnt that the two companies are at an advanced stage of negotiations about a
Why Carney's nickname is 'unreliable boyfriend'
After all, Mark Carney has gone and done it all over again. Having gained the nickname for his attempts to hint about where interest rates are heading and then later changing his mind, he did precisely that in the run-up to today’s decision. In February he
Bank of England keeps interest rate on hold
The Bank of England has left interest rates on hold at 0.5% and slashed its forecast for economic growth this year, but warned that borrowing costs may still have to rise in the coming months. Until a few weeks ago the Bank’s Monetary Policy Committee had been
Gaucho closures threaten 750 Cau jobs
One of Britain’s best-known restaurant groups is poised to be added to an accelerating deluge of high street closures as Gaucho examines plans which could put more than 700 jobs at risk. Sky News has learnt that the Argentine steak chain has drafted in one of
BT to cut 13,000 jobs in cost-cutting plan
BT is to cut 13,000 jobs over the next three years as part of a restructuring plan to invest in ultrafast broadband and the next generation of mobile networks. Britain’s biggest telecoms operator, which announced 4,000 job cuts a year ago, said middle management