BBC Yazz Gough uses the Re:dish Good Stuff social supermarket in the Reddish area of Stockport A customer of a social supermarket has said she “can afford a few extras for Christmas” thanks to the money she saves there on her weekly groceries. Yazz Gough, who goes to the Re:dish Good Stuff in the Reddish…
Introduction – What the Latest Data Reveals New official figures confirm the UK economic slowdown, sending a clear signal that the economy has lost momentum. While households and businesses already experiencing financial difficulties may not be surprised, the data provides concrete numbers to support these everyday experiences. In simple terms, the UK economy is still…
Introduction: A Nation Feeling the Financial Squeeze If you’re experiencing a decrease in your disposable income, it’s not your imagination. Britons are less well off than they were in 2019, and the figures show it clearly. From higher food bills to soaring housing costs, everyday life in the UK has become noticeably pricier. Even when…
r Getty Images BP has struck a $6bn (£4.4bn) deal to sell a majority stake in its motor oil division, Castrol, to a US investment firm. The oil giant sold a 65% stake in Castrol, which makes lubricants for cars, motorcycles, and industrial vehicles, to Stonepeak, a New York-based company. The deal valued Castrol…
Reserve Bank of India (ANI image) The Reserve Bank of India (RBI) has issued a draft proposal aimed at making cross-border payments more transparent and consumer-friendly. With this, the bank aims to address long-standing complaints about hidden charges and unclear pricing in foreign exchange transactions. A large number of individuals face difficulties while making overseas…
Bloomberg via Getty Images The US economy picked up speed over the three months to September, as consumer spending jumped and exports increased. The world’s largest economy expanded at an annual rate of 4.3%, up from 3.8% in the previous quarter. That was better than expected and marked the strongest growth in two years. The…
Jefferies has initiated its coverage of Groww with a buy recommendation and a target price of Rs 180. Analysts said Groww is the largest broker in India in terms of active clients, despite starting the business in FY21. They believe Groww has several levers to drive a 35% compounded annual growth rate (CAGR) of its…
