Money Moves

Aldi warns food prices may rise if Budget lifts costs

Aldi warns food prices may rise if Budget lifts costs

Giles Hurley, the chief executive of Aldi UK, has expressed concerns that additional costs imposed by the upcoming Budget could lead to increased food prices. He indicated that the effects of last year’s National Insurance increase and new packaging regulations have already impacted prices across the supermarket sector. Hurley emphasized that any policies affecting business

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Farmers are being squeezed - it's testing their loyalty to Trump

Farmers are being squeezed – it’s testing their loyalty to Trump

On a hot day in the Midwest, farmer Tim Maxwell, who runs a grain and hog farm near Moscow, Iowa, expressed concerns about the future of farming. With decades of experience, Maxwell notes that U.S. farmers are facing difficulties selling crops internationally, attributed partly to tariffs instituted during President Donald Trump’s administration. He mentioned that

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Why hackers are targeting the world's shipping

Why hackers are targeting the world’s shipping

The shipping industry is increasingly facing cyber threats, particularly from Nigerian criminal organizations, according to lawyer Henry Clack from the London commercial law firm HFW. Clack notes that these groups have engaged in several high-value “man-in-the-middle” frauds, where hackers intercept and impersonate communications between parties, aiming to steal sensitive information and extort companies. Recent data

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'Killer' child car seats still on sale decade on after warnings

‘Killer’ child car seats still on sale decade on after warnings

A recent report highlights the ongoing sale of potentially dangerous children’s car seats on popular online marketplaces, despite previous warnings from consumer groups. Concerns regarding these fabric seats were first raised by trading standards officers and the consumer organization Which? in 2014, when they were deemed unsafe and illegal for use in the UK. The

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Sainsbury’s talks to sell Argos to Chinese retailer JD.com collapse | J Sainsbury

Sainsbury’s talks to sell Argos to Chinese retailer JD.com collapse | J Sainsbury

Sainsbury’s has halted discussions to sell its retail arm, Argos, to JD.com, one of China’s largest retailers. The supermarket chain confirmed on Sunday that talks with JD.com had ended, stating that the proposed terms from JD.com were not favorable for its shareholders or other stakeholders. Sainsbury’s originally acquired Argos for over £1 billion less than

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Here’s a tip: eliminate US tipping culture and pay people a living wage | US small business

Here’s a tip: eliminate US tipping culture and pay people a living wage | US small business

A recent conference attendee in Las Vegas reported paying $7 for a cup of coffee, followed by a suggested $1 tip for the server. The individual expressed frustration about the tipping culture in the U.S., raising concerns about its potential escalation and linking it to recent policy changes under former President Trump, specifically the law

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‘Cider to the power of 10’: bumper apple harvest has UK cider makers drooling | Food & drink industry

‘Cider to the power of 10’: bumper apple harvest has UK cider makers drooling | Food & drink industry

This year has seen a significant increase in cider production due to an abundance of fruit resulting from the UK’s hottest summer on record. Barny Butterfield, owner of Sandford Orchards in Exeter, noted the extraordinary quality and quantity of this season’s apples, stating that the heat led to trees bearing so much fruit that some

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