BIG TROUBLE: The cost of living crisis is hitting sales Photo Credit: CC/Sophie Robson

Big problem THE BIG PROBLEM, that sells the homeless, nearly went under during the pandemic, its founder and editor-in-chief, John Bird, admitted. Having survived, sales are currently affected by the cost of living crisis, as millions of people across the UK battle inflation.

Expectorate THE Crown Estate is suing Twitter for allegedly failing to pay rent on the company’s London headquarters, located near a prime site of Piccadilly Circus. Billionaire Elon Musk, who also owns Tesla and Space X, took control of Twitter in October.

record demand ASSOCIATED BRITISH FOODS revenue increased during the final weeks of 2022 after higher demand and higher prices. Turnover rose 16 percent to £6.7 billion (€7.6 billion) in the 20 weeks ending January 7 across all ABF companies, including Primark.

pay rise TELEFÓNICA ESPAÑA employees will receive a salary increase of 7.8 percent with retroactive effect to last January after reaching an agreement with the UGT and CCOO unions. After reviewing the increases introduced since 2019, Telefónica is adjusting salaries in line with the current CPI.

ibex debut Cosentino, the Almería-based marble company, which is listed in 40 countries, will be listed on the Spanish Ibex 35. The family business has hired JP Morgan and Goldman Sachs to oversee the deal and it will be worth an estimated 3 billion euros, internal sources said.

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