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SSE warns of more price rises despite 27% profit jumpSSE has announced a 27 per cent increase in annual profits for its UK residential business, up to £410 million on the back of a long cold winter after raising prices by nine per cent in October 2012. |
Retail sales dip in April due to cold weather and Easter timingRetail sales fell 1.3 per cent in April due to the timing of Easter in March and the cold weather, according to the latest official data from the Office for National Statistics. |
Inflation falls sharply in AprilInflation fell sharply in April, down from 2.8 per cent to 2.4 per cent as lower oil prices helped reduce transport costs. |
Brits urged to reclaim overpaid utility billsMany people are almost £80 in credit when it comes to utility bills |
Flubit aims to personalise your online shopping experienceFlubit provides a service that offers personalised products at the best price by searching the competition to give you the product you want the way you want it. |
Oil price fixing investigation extends to trading housesA number of firms and trading houses are being investigated by the European Commission as it investigates possible fraud in the setting of benchmark oil rates. |
Inflation set to fall to 2.7 per cent in AprilInflation is expected to edge down to 2.7 per cent in April from 2.8 per cent in March as lower petrol prices help keep inflation under control. |
Inflation set to stay above target until 2017, says Item ClubA special report on inflation by Ernst & Young's Item Club predicts inflation will remain above the Bank of England's target until at least 2016. |
Mixed month for high street as shopper numbers up but sales downThe British Retail Consortium reports that the number of shoppers on the high street went up in April but sales fell and the shop vacancy rate rose to 11.9%. |
Citizens Advice calls for ban on cold calling after Ofcom studyCitizens Advice is calling for nuisance calls to be banned after new research from the regulator Ofcom found that 82 per cent of people have been affected by cold calling. |
Drop in number of households in fuel poverty in 2011, says DECCThe Department for Energy & Climate Change says that there was a 250,000 fall in the number of households in fuel poverty in 2011, but that those who are in fuel poverty are finding it even harder to pay their energy bills. |
5.5 million taxpayers paid wrong amount of tax last yearHMRC has admitted that two million people have underpaid tax and up to 3.5 billion have overpaid and are due refunds after completing its end of year review of the PAYE system. |
Centrica slated by shareholders over energy prices and payTop executives at Centrica were given a rough ride at their annual meeting in London yesterday over the pay of Chief executive Sam Laidlaw and the timing of British Gas energy price increases. |
Centrica says profits from winter will delay price risesCentrica, the owner of British Gas has promised to hold energy prices at their current level for as long as possible by using profits from the extra winter use. |
Morrisons chief says rival voucher discounts hurting salesMorrisons unveiled steady results and confirmed it will take its first step into online retail in partnership with Ocado in 2014 as Sainsbury's announces higher annual profits. |
Consumer spending power boost as shop inflation at 3-year lowThe British Retail Consortium reports a big drop in shop price inflation, down to the lowest level since November 2009 as retailers compete to get custom, especially on non-food items. |
Six energy firms miss Ofgem targets on reducing energy billsOfgem is investigating six energy firms who have missed their targets on offering consumers ways to minimise their energy costs. |
Has the manufacturing sector turned the tide?Activity in the manufacturing sector stabilised in April raising hopes that the sector could help the economy grow further in the second quarter of 2013. |
Ofcom to clarify call charges to "free" numbersThe telecoms regulator Ofcom has announced plans to publish new guidelines and costs on charges to 08, 09 and 118 numbers. |
npower and Scottish Power unveil new fixed price energy tariffsnpower and Scottish Power have launched new long-term fixed price energy deals as customers are urged to fix for two winters or more before prices go up again. |
Which? wants energy bills in same format as petrol pricesConsumer champion Which? is warning that proposals by Ofgem could lead to an increased number of tariffs and end up costing customers an extra £55 million. |
Markit HFI shows squeeze on UK household finances intensifiesThe latest Markit household finance index shows that the squeeze on finances grew in April, particularly for people who rent and are on low incomes. |
Retail sales fall in March as cold weather keeps shoppers awayRetail sales fell by 0.50 per cent in March as the cold weather kept consumers away from the shops. |
Tesco exits US as as post-tax profits drop sharplyTesco has unveiled its full-year results which confirm that the retailer is closing its US business, wiping almost £1.2 billion of its bottom line. |
Npower pays no tax for 3 years despite higher profits and pricesOne of the UK'd biggest energy suppliers, Npower has paid no corporation tax in the UK for three years as £5billion of investment in alternative power is tax deductable. |
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