Reckitt chief hits out at Tesco
A leading consumer-goods maker has accused Tesco of forcing suppliers to wait almost two months to be paid, warning that some smaller operators could be forced out of business
A leading consumer-goods maker has accused Tesco of forcing suppliers to wait almost two months to be paid, warning that some smaller operators could be forced out of business
UK house prices continued falling in October and are now nearly 15% lower than a year ago, says the Nationwide.
Recession looms for the US after official figures show its economy shrank by 0.3% between July and September.
The US economy contracted in the third quarter at an annualised rate of 0.3%, its worst performance in seven years but beating economists’ forecasts. The fall in gross domestic product was driven by the first decline in consumption since 1991
High oil prices over recent months push Exxon to record earnings but recent falls on top of shortages of staff, equipment and materials are making rising costs an issue
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