Turmoil on financial markets is expected to deepen layoffs and accelerate acquisitions in the fund management industry.
Weak pound has pushed up cost of imports, leading firms to reduce pack sizes
More than 200 different consumer products, from toilet roll to chocolate, shrank in size about the time of the Brexit vote.
According to figures from the Office for National Statistics, as many as 206 individual items were made smaller between September 2015 and June 2017, more than double the number that increased in size.
The retailer’s Valentine’s Day gift, an empty heart-shaped package, angers environmental groups.
The so-called Big Six suppliers are beaten by smaller rivals in Which? annual customer survey.
Consumer borrowing is falling, which is no bad thing. But it’s uncertainty, not regulation, that’s acting as the brake
A sharp decline in household spending on the never-never, and especially spending on credit cards, is a trend that must surely be welcomed. The Bank of England said last week in its quarterly credit health check that high street banks were about to witness the biggest decline in such borrowing since records began 12 years ago.
Threadneedle Street said its index of demand for credit card lending over the three months to the end of March had dropped to -20.7 from -7.2.
The shocking element of the story is how much harm a fall in personal lending can cause to the British economy
Hundreds of thousands of customers were unable to do most payments transfers from online accounts.