Thursday , 1 January 2026

Recent Posts

M&S to spend $17m to help staff in cost-of-living crisis

  Bloomberg Marks & Spencer Group Plc will spend £15 million ($17 million) to support employees struggling with Britain’s spiraling cost of living. The retailer said that it plans to boost hourly wages to at least £10.20 from £10, its second pay rise this year, while providing one-time £250 M&S vouchers to 4,500 workers. Other measures include free meals every …

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Home Depot workers file union petition

Bloomberg Home Depot Inc employees based in Philadelphia have filed a petition to unionise, according to a National Labor Relations Board filing, a rare move at the home-improvement retailer amid a growing nationwide labor movement. The 274 employees included in the petition work in merchandising, specialty and operations associates, according to the NLRB filing. The petition was originally filed earlier, …

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Britain looks at QE change to avert £10bn payout to banks

Bloomberg UK Prime Minister Liz Truss’s new government has looked at changing the Bank of England’s (BOE) money-printing program to save the UK taxpayer billions of pounds at a time when the public finances are under increasing strain. Under the option, interest paid on some deposits held by commercial lenders at the BOE would be scrapped, potentially saving more than …

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