National Business in Brief: Half of consumers cut spending | Oil Prices surge as production cut | Café Rouge owners eyes NW-based Princes Foods
By Rich Wilcock
3rd Apr 2023 | Business Roundup
Monday's business stories making the national headlines
Consumer spending is lower with non-essential spending hit hardest
More than half of UK consumers have cut their non-essential spending since the start of the new year as price hikes and higher bills start to bite for households.
Via Guardian
Café Rouge owner enters race for Liverpool-based Princes Foods
North West-based Princes Foods is the target for Cafe Rouge owner Epiris in a possible £500 million deal.
Full story via Sky
Oil prices are on the rise after a surprise decision
Oil prices across the world have surged to nearly $84 a barrel after major exporters announced surprise cuts in production
Via BBC
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