Business news blog


Sainsbury's to sell vinyl records in 171 UK stores - The Independent


The Independent

Sainsbury's to sell vinyl records in 171 UK stores
The Independent
The supermarket will sell LPs for the first time since the 1980s following the success of Adele's 25 which sold over 300,000 in the retailer's stores. The range will include current hits and classics including the Beatles, Nirvana and Adele with prices ...

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Budget 2016: 'Wage growth to slow down', warns IFS - BBC News


BBC News

Budget 2016: 'Wage growth to slow down', warns IFS
BBC News
The independent forecasting body, the Office for Budget Responsibility (OBR), revised the UK growth forecasts down for the next five years in Wednesday's Budget, and Mr Osborne warned the outlook for the global economy was "markedly weaker" with the UK ...

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Hotel Chocolat to raise £50m by listing - BBC News


BBC News

Hotel Chocolat to raise £50m by listing
BBC News
Hotel Chocolat plans to raise £50m by listing on the Alternative Investment Market (Aim) in London. The company, which makes and sells chocolate through 84 stores in the UK and abroad, said the funds raised would be used to finance further expansion.
Business news: Prudential, Hotel Chocolat, Amazon, SkyExpress.co.uk

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VIDEO: Why don?t oil producers cut supply?

Opec has in the past reduced its output to shore up the falling price of oil, so why isn't it doing the same this time?

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US drugmaker settles painkiller lawsuit

US drugmaker Merck has agreed to settle a lawsuit with investors related to statements the company made about safety of one of its painkillers.

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