Mohamed Baziou

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More than 800 jobs to be lost as Budgens closes 34 stores

Hundreds of supermarket workers will lose their jobs after one of the retailers behind the Budgens chain revealed it would be closing more than 30 of its stores.<p>Food Retailer Operations Limited (FROL), which operates 34 Budgens stores in the UK, has gone into administration less than a year after …

Consumer boom at an end as prices rise and shoppers cut back

Britain's consumer boom could be at an end as shoppers cut back their spending last month, paying more for their food as prices started to rise but making savings by splashing out less on clothes and home accessories.<p>It is the first time non-food spending has dropped since mid-2012 and economists …

Theresa May warns Tory Brexit rebels that they risk 'incentivising' EU to offer UK a bad deal

Theresa May has warned Tory rebels that giving Parliament a meaningful vote on Brexit will "incentivise" the European Union to offer the UK "bad deal".<p>The Government is on Tuesday facing a second defeat in the Lords as peers back an amendment calling for Parliament to be given a meaningful vote on …