The Premier Inn owner, Whitbread, is ramping up its cost-cutting programme amid slowing demand, as the hospitality sector braces for a widely expected employer tax rise in this month’s budget. The company, which owns the Beefeater and Brewers Fayre restaurant chains as well as the UK’s biggest hotel brand, said its total revenues had been…
At a glance, last month’s sharp drop in the headline inflation figure to 1.7% tells the Bank of England all it needs to know when it considers whether to cut interest rates next month. The plunge from 2.2% in August puts the rate of prices growth well below the central bank’s 2% target and back…
I am a 51-year-old double amputee and full-time electric wheelchair user. I feel I’m being robbed of my independence because my grant for a wheelchair-accessible vehicle has been turned down. I need a complex driving solution (CDS). This means an electronically assisted ramp and tailgate, a docking plate to secure my powerchair, and a driver’s…
The chancellor will summon City bosses to Downing Street on Friday for the first post-election meeting of Labour’s British infrastructure “taskforce”, as the government hopes to steer more private cash towards a string of national investment projects. Banking and asset management bosses – including Lloyds Banking Group’s Charlie Nunn, HSBC UK’s Ian Stuart and Phoenix…
Profit at the maker of the James Bond films fell by three-quarters last year as it went another year without a new blockbuster release in the multibillion-dollar 007 franchise. Eon Productions, which is headquartered at Pinewood Studios in the countryside west of London, reported pre-tax profits of £224,985 last year. That is well down on…
The RAC has issued fresh warnings to desperate learner drivers trying to beat the backlog by booking tests through unregulated websites after it found they could be paying up to four times the going rate. The average waiting time for a test across England, Scotland and Wales is about four and a half months and…
Las Vegas Raiders owner Mark Davis walks off the field with former NFL quarterback Tom Brady before the preseason game between the Dallas Cowboys and the Las Vegas Raiders at AT&T Stadium in Arlington, Texas, on Aug. 26, 2023. Matthew Pearce | Icon Sportswire | Getty Images National Football League owners approved Tom Brady as…
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024. Kevin Carter | Getty Images United Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than-expected earnings for the busy summer travel season and forecast strong…
The BBC has announced its latest round of job cuts, involving a net reduction of 130 roles across news and current affairs departments, as part of a wider cost-cutting drive. The chief executive of BBC News, Deborah Turness, announced the changes in an email on Tuesday, saying the corporation sought to cut 185 roles and…
Cars sit on a Chevrolet dealership’s lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealerships manage sales and service, has crippled the workflow at approximately 15,000 dealerships across the United States and Canada. Scott Olson | Getty Images News | Getty Images DETROIT —…
