John Lewis restores staff bonus but warns of price hike over pressures
The retail giant reported underlying pre-tax profits rising 38% to £181m in the year to January 29.
The retail giant reported underlying pre-tax profits rising 38% to £181m in the year to January 29.
The cost of doing business is expected to grow by up to 7% this year.
The cost of doing business is expected to grow by up to 7% this year.
House prices in the West Midlands increased at the fastest annual pace since 2007 in February to hit a new record high, according to an index.
House prices in the West Midlands increased at the fastest annual pace since 2007 in February to hit a new record high, according to an index.
Fuel prices have risen as oil prices soar due to Russia’s invasion of Ukraine.
Fuel prices have risen as oil prices soar due to Russia’s invasion of Ukraine.
The average property value has risen by £38,709 or 16% since February 2020, Halifax said.
The average property value has risen by £38,709 or 16% since February 2020, Halifax said.
The average cost of a litre of petrol at UK forecourts was 152.20p on Wednesday as the cost of oil continues to rise due to the war in Ukraine.
The average cost of a litre of petrol at UK forecourts was 152.20p on Wednesday as the cost of oil continues to rise due to the war in Ukraine.
Dairy giant Müller has confirmed that it will increase the milk price it offers to farmers from April.
A West Midlands academic has warned that the Russian invasion of Ukraine will see the UK hit with further price hikes around fuel, gas prices, wheat and vital minerals used in key manufacturing processes.
Petrol prices edging closer to the ‘grim milestone’ of £1.50 per litre.
Petrol prices edging closer to the ‘grim milestone’ of £1.50 per litre.