News And Announcements
National Grid poised to start emergency winter plan
National Grid is considering paying British households to use less energy in peak times, it emerged on Monday.
FCA publishes rules for British Steel pension redress
The Financial Conduct Authority published the final rules for a redress scheme on Monday, for former members of the British Steel Pension Scheme (BSPS) who received unsuitable advice to transfer out.
UK retail footfall rises 3.2% week-on-week
Retail footfall rose in the seven days ended 26 November, according to retail experts Springboard, but still remained sharply below pre-pandemic levels.
Oil prices fall sharply on Chinese unrest
Oil prices fell on Monday, as rare social unrest in China weighed heavily on both equities and commodities.
Amazon's UK tax bill could jump as much as £29m
Retail giant Amazon could see its tax bill jump by as much as £29. 0m in 2023 due to changes to business rates scheduled to come into effect across the UK.
UK retail sales slump in November - CBI
UK retail sales slumped in November as consumers tightened their belts amid the cost-of-living crisis, according to the latest Distributive Trades Survey from the Confederation of British Industry.
Housing market slows in wake of mini budget
House price inflation slowed last month, an industry survey showed on Monday, as demand slumped following the mini-budget and homeowners cut asking prices to secure sales.