Any rise in rail fares in England next year will be below the Retail Prices Index (RPI) rate of inflation, the government has promised. The RPI figure – which is…
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Russia hikes interest rates as rouble plummets amid strain of Ukraine war
Russia’s central bank has hiked interest rates by 3.5 percentage points to 12% in an emergency move after the rouble plunged in value. It comes after the currency fell to…
Read MoreScotRail train drivers vote to accept new pay deal, union ASLEF says
Train drivers in Scotland have voted to accept a pay offer from ScotRail. The deal means that drivers will see a 5% basic pay increase for 2023/24, backdated to 1…
Read More6G Internet adverts criticised for
A broadband provider has been slapped down by the advertising watchdog for misleadingly implying the existence of 6G. 6G Internet was the subject of a complaint about claims on its…
Read MoreWage data shows living standards no longer taking the battering they once were – but it
Today’s labour market figures are a double-edged sword. Wages are rising at a record pace and are on the cusp of outpacing inflation. It means our living standards are no…
Read MoreStreaming giant DAZN strengthens women
DAZN Group, the streaming service owned by Sir Len Blavatnik, is buying a women’s football content platform amid burgeoning global interest in the sport. Sky News has learnt that DAZN…
Read MoreNumber of people out of work due to long-term sickness reaches another record high
The number of people who do not have a job due to long-term sickness has risen to another record high, official figures show. Nearly half a million (464,225) more people…
Read MoreSam Bankman-Fried: Disgraced FTX boss
Disgraced crypto entrepreneur Sam Bankman-Fried used stolen customer money to make political donations, prosecutors have alleged. The 31-year-old, whose £21bn FTX empire collapsed last year, is accused of making north…
Read MoreGrocery price inflation falls for fifth month in a row, retail data suggests
Grocery price inflation has eased for the fifth month in a row – as the cost of some staples come down. Closely watched data from Kantar Worldpanel, which tracks supermarket…
Read MorePrivate sector wage growth surpasses inflation despite unexpected unemployment rise
Private sector wages and total pay, including bonuses, surpassed inflation despite a surprise rise in the rate of UK unemployment. Economists thought the unemployment rate would remain at the 4%…
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