McDonald’s global sales have declined for the first time in nearly four years, with a 1% drop in the second quarter as inflation-weary consumers choose to eat at home or opt for cheaper menu options. The company expects same-store sales ...
Thanks to state propagandists in our education systems, people have been told that free markets create poverty while state control of economic exchange produces abundant wealth and effectively distributes it. The truth is that free markets reduce poverty and liberate ...
Poor weather and consumers prioritising savings have led to a significant decline in retail sales. According to the Confederation of British Industry (CBI), the weighted balance of retail sales fell to -43% in July from -24% in June, marking the ...
Rachel Reeves has accused Jeremy Hunt of lying about the state of the public finances, intensifying a dispute with the Conservatives over claims that they left a £22bn hole in the budget. The Chancellor alleged that her predecessor “knowingly and ...
HS2 has revealed more than £2bn in costs associated with Rishi Sunak’s decision to downgrade the high-speed rail line. The UK’s largest infrastructure project announced it had written off £1.1bn in costs incurred during “phase two,” which was intended to ...
A British wellness start-up, championed by celebrities including Davina McCall and Hugh Fearnley-Whittingstall, has secured a $15 million investment from New York-based Coefficient Capital as it expands its operations in the United States. Zoe, launched in April 2022, offers a ...
Mortgage approvals in the UK have fallen to their lowest level since January, as high interest rates continue to dampen activity in the housing market. Data from the Bank of England showed that the number of mortgage approvals dropped to ...
Hundreds of postmasters who were wrongfully prosecuted based on faulty information from the Horizon IT system will be entitled to unlimited compensation, as announced on Tuesday. Approximately 900 Post Office branch owners will receive financial redress of at least £600,000 ...
The government has announced that from January 1, VAT will be charged on private school fees, and parents will not be able to avoid the tax by paying in advance. The new tax will apply immediately to any fees for ...
The entrepreneur is the driving force of the whole market system. ...