Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas trading
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Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - 1d -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - 2d -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - 2d -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - 2d -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - 2d -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - 3d -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - 3d -
Pokemon Go Community Day Ticket Prices Increased For January Event
Each month, Pokemon Go players take part in the mobile game's Community Day: A recurring monthly event in which one Pokemon takes center stage and becomes available to catch in its Shiny form. ...GameSpot - 6d -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1
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Musk examines how to oust Starmer as UK prime minister before next election
Technology billionaire interested in building support for another political party, notably Reform UKFinancial Times - 15h -
Musk calls on California and Delaware to force auction of OpenAI stake
Latest salvo in legal battle over ChatGPT-maker’s restructuring as a for-profit companyFinancial Times - 2h -
UK government seeks to soothe bond market nerves after borrowing costs soar
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’Financial Times - 2h -
Musk’s grooming onslaught shows politics needs a new playbook
Online distortions obscure the true nature of public outrage — democracies must adapt to the age of XFinancial Times - 9h -
Los Angeles sheriff confirms wildfire looting arrests
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Goldman’s top economist doubts Trump can make good on campaign promises
Goldman Sachs chief economist Jan Hatzius is bullish on the outlook for the U.S. economy, in large part because he doubts Donald Trump’s incoming administration will be able to make good on its ...MarketWatch - 9m -
Enron Is Back. Could This Possibly Be Real?
One of the pranksters behind “Birds Aren’t Real” is back to revive a company synonymous with corporate malfeasance — it has merch and what it’s claiming is an at-home nuclear reactor.The New York Times - 18m -
Oil futures end higher, with Brent turning up for the week
Oil futures gained on Thursday, with global benchmark prices turning higher for the week and buoyed by optimism over the outlook for demand.MarketWatch - 22m -
Friday's jobs report could present a mixed view of the labor market. Here's what to expect
Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.CNBC - 23m -
SEIU Joins Forces With AFL-CIO Ahead of New Trump Era
A marriage between the service employees union and the A.F.L.-C.I.O. could better equip organized labor to deal with a less-friendly administration.The New York Times - 24m