The rising cost of clothes, fuel and eating out pushes consumer prices above the Bank of England’s 2% target.
Source: BBC
Monthly Archives: June 2021
Rate of inflation passes Bank of England target as economy gets back in gear
The surge in the rate of inflation of the past couple of months showed no sign of slowing in May, hitting 2.1% as the cost of a range of goods recovered from a coronavirus crisis-induced slump.
Source: Sky Business News
Airbnb reportedly pays tourist $7m after rape
According to reports in Bloomberg, the company paid an Australian traveller after a 2016 attack.
Source: BBC
'People didn't believe my CV', says board director
Women still face difficulties getting onto boards at smaller firms, according to research.
Source: BBC
'I never dreamed I was entitled to benefits'
Older people facing poverty are urged to claim Pension Credit – a gateway to further financial help.
Source: BBC
UK could be left behind in the electric car race, warns report
The UK might soon be reliant on electric vehicles imported from abroad, warns an influential group.
Source: BBC
Product safety regulator slow to respond to mini magnets danger, NAO finds
Britain’s product safety regulator has been slow to respond to dangers such as those posed by mini magnets because it lacks the data and intelligence needed to assess risks, a report has found.
Source: Sky Business News
Ban on commercial evictions to be extended until 2022, govt source says
The government is to extend the ban on commercial evictions introduced during the pandemic until 2022, Sky News understands.
Source: Sky Business News
MacKenzie Scott donates nearly £2bn as she calls out 'disproportionate' wealth gap
Billionaire philanthropist MacKenzie Scott has donated another $2.7bn (£1.9bn) to a range of organisations in areas such as education and the arts as well as working to combat racial discrimination.
Source: Sky Business News
US giant REEF Technology tables bid to park next to NCP
An American car parking giant has teamed up with private equity investors in a bid to seize control of NCP, its struggling British-based rival.
Source: Sky Business News