CategoryBusiness

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Stocking Up for Success: How Jetro Restaurant Depot Empowers Your Foodservice Business

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Running a restaurant is no small feat. Between managing staff, maintaining quality control, and keeping up with ever-changing customer preferences, the pressure to deliver delicious food at competitive prices is immense. This is where wholesale giants like Jetro Cash & Carry and Restaurant Depot (often referred to collectively as Jetro Restaurant Depot) come in, offering a lifeline to...

best market to invest in 2024 worldwide

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Investors worldwide are peering into the financial crystal ball, eager to identify the best market to invest in 2024 worldwide. Navigating this ever-evolving landscape demands keen attention to global trends, economic forecasts, and industry whispers. This article dives into the hottest contenders for investment in 2024, shedding light on the factors driving their potential and guiding you...

Water bills in Britain are soaring, and no one wants to pay them

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Britain’s water utilities are facing a £60 billion debt crisis, and nobody wants to pay for it. The cost of fixing the country’s ageing water infrastructure is immense, and water companies are reluctant to raise prices on consumers already struggling with the cost of living. The problem is particularly acute in England and Wales, where water companies are responsible for drinking and...

Getting to the bottom of this is not easyThe mortgage market in Britain is in crisis

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Britain is facing a mortgage crisis as interest rates continue to rise. To tackle rising inflation, the Bank of England has increased interest rates 13 times since December 2021. At present, inflation has reached its peak in the last four decades. This has led to a sharp increase in mortgage payments for homeowners, with some borrowers facing monthly repayments that are hundreds of pounds higher...

British Pound Pulls Back Against USD Forecast

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The British Pound pulled back on Tuesday, June 20, 2023, after hitting a 14-month high the previous day. When writing, the GBP/USD pair dropped to 1.2730 but has since recovered to around 1.2780. There are a few factors that could be contributing to the Pound’s pullback. First, the US Dollar has been strengthening recently, which has weighed on the value of other currencies. Second, there...

British Vauxhall factory may close due to Brexit

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Stellantis, the parent company of Vauxhall, has warned that it may have to close its UK factory in Ellesmere Port if the government does not renegotiate the Brexit deal. The company said that the new rules of origin, which will come into effect in 2024, could make producing cars in the UK uneconomical. The company said that the current deal would make it uncompetitive to manufacture electric...

UK to ban all cold calls promoting financial products

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To stop fraudsters from selling fraudulent insurance products or cryptocurrency schemes, unsolicited calls offering financial products will be banned. Will now be formed a new fraud squad with 120 to 500 personnel.  But Labor and the Liberal Democrats have branded the plan “too little, too late”. In the UK, fraud has become the most prevalent crime, affecting one in every 15...

A hands-free driving system is now available on UK motorways from Ford

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Ministers approved “hands-off, eyes-on” technology for use on certain motorways. It can control steering, acceleration and braking, but a camera will monitor the driver’s eyes to ensure they’re alert. The technology will only initially be available for the 2023 model year of Ford’s electric Mustang Mach-E SUV. This means the model can maintain a safe distance from...

A rise in US yields boosts the dollar, while British inflation lifts the pound

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The dollar strengthened Wednesday, lifted by rising Treasury yields. However, the pound gained against the greenback after British inflation hovered above 10 per cent in March, putting further pressure on the Bank of England to raise rates. The dollar index, which tracks the currency against a basket of its peers, rose 0.206 per cent as markets became more sceptical that the Federal Reserve would...

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