[ad_1] Report rents of greater than £1,000 a month and the common home value breaking by way of the £260,000 barrier are placing added strain on households already dealing with a value of residing disaster. Knowledge from the tenant referencing company HomeLet confirmed the common UK lease rose to £1,069 a month in February, up 8.6% on the identical month of final 12 months when the determine stood at £984. The date, which is predicated on just lately agreed tenancies, exhibits large variation across the UK however within the south-east and the east of England, month-to-month rents are above £1,000…
Author: Business Matters
[ad_1] Mike Ashley’s Frasers Group has purchased Studio Retail out of administration for £26.8m, saving nearly 1,500 jobs after its shareholding within the on-line specialist was worn out. Ashley’s publicly listed empire, which incorporates Sports activities Direct, Home of Fraser shops, Evans Cycles and the Flannels designer vogue chain, stated the acquisition would supply the group with the “experience and synergies” that might assist its ambition to offer extra versatile fee choices. Studio Retail, which sells a mixture of cut-price own-brand merchandise, from clothes and furnishings to presents and playing cards, provides consumers an account the place they’ll select to…
[ad_1] The drinks firm Harmless has had an advert banned by the Promoting Requirements Authority after environmentalists reported it for claiming that ingesting its smoothies is nice for the atmosphere. Within the tv advert, a person and his otter companion discover that their boat is hijacked by revellers celebrating chaotically as they method a big waterfall. They sing about “messing up the planet” till they discover themselves in peril, hanging off the sting of a cliff. They then row again to security, clear up the garbage, and begin turning apples on a tree into Harmless smoothies, which all of them…
[ad_1] The variety of buses and coaches in-built 2021 fell 16.8 per cent, the bottom stage registered since 1996. Whole registrations amounted to three,467 autos, with solely 883 within the fourth quarter, because the pandemic continued to have an effect on passenger ranges all around the nation, in accordance with the Society of Motor Producers and Merchants, the trade commerce physique. The society mentioned Covid restrictions and a 17 per cent decline in passenger numbers had been the primary reason behind the autumn, with registrations of all forms of new buses and coaches declining in 2021. The commerce physique has…
[ad_1] The UK competitors watchdog is teaming up with its counterparts within the US, Canada, Australia and New Zealand in a drive to detect and examine collusion between suppliers or transport teams to hike costs. The Competitors and Markets Authority mentioned it was linking up with its fellow businesses in different “5 eyes” nations after receiving “a number of complaints” from companies about provide chains, the place, for instance, charges for transport have soared by as much as 10 instances in contrast with pre-pandemic ranges prior to now two years. The CMA mentioned that regardless of the complaints it was…