IlluMyFi

Collapse of chains such as Homebase and Body Shop contributed to big rise, and another tough year is on the cards

Almost 170,000 retail workers lost their jobs during another challenging year for the UK high street, data suggests.

The collapse of big chains such as Homebase and The Body Shop put thousands of jobs at risk and contributed to 169,395 retail jobs disappearing during 2024 – a 42% rise on 2023 levels.

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-0.97

Bearish/Bullish

01.01.25 01:18

by theguardian.com

Energy bills: is it worth shopping around for gas and electricity again?

New energy price cap of £1,738 for Great Britain comes into force on 1 January but there are ways to find better deals

The latest energy price cap came into force on 1 January 2025. At £1,738 a year it is 1.2% higher than in the previous three months. The price cap applies to energy providers’ standard tariffs, and the figure is for a typical household buying gas and electricity and paying by direct debit. Most households will pay a different sum as bills are based on usage.