Money Moves

Greggs set to raise prices again in response to cost pressures, says CEO

Greggs set to raise prices again in response to cost pressures, says CEO

Greggs, the UK bakery chain, will raise prices for its breakfast meal deals and biscuits starting Thursday, marking the third price increase this year. CEO Roisin Currie attributed this decision to rising operational costs, including a £20 million increase in employer National Insurance contributions following last year’s Budget announcement. The company announced that its two-part […]

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'Buy one, get one free' deals for unhealthy food banned in supermarkets

‘Buy one, get one free’ deals for unhealthy food banned in supermarkets

Starting Wednesday, England will implement a ban on price promotions for unhealthy food and beverages, including “buy one, get one free” deals. This regulation will affect supermarkets, larger high street shops, and online retailers. Although the measure has been under consideration for several years, it was delayed due to the ongoing cost-of-living crisis. The government

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Reading students claim 'unlimited' energy bills cost £2k more

Reading students claim ‘unlimited’ energy bills cost £2k more

A university Students’ Union in the South of England is examining the cost-effectiveness of “unlimited” energy contracts for students, raising concerns about potential pressure to sign contracts with energy providers. According to research conducted by Reading Students’ Union, students on unlimited energy packages pay an average of £2,200 more annually compared to those with traditional

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Half of UK adults now pay on mobile

Half of UK adults now pay on mobile

Recent banking data indicates that approximately half of UK adults are now regularly using mobile payments, a notable increase attributed to services such as Apple Pay and Google Pay. According to figures from UK Finance, there has been a significant rise in mobile payment adoption across various age demographics. Adrian Buckle, the head of research

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Business Daily - Fighting economic abuse

Business Daily – Fighting economic abuse

Economic abuse, particularly in the context of controlling partners taking over financial resources, is increasingly being recognized as a significant issue globally, especially affecting women. Recent discussions underscore the detrimental effects of such financial control on victims. Many countries are beginning to acknowledge the impact of economic abuse, but its presence remains prevalent, raising questions

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