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Business

Blow for green energy plans as no firms bid for offshore wind contracts

The government’s green energy plans have been dealt a blow after firms snubbed an auction for contracts to run new offshore wind sites, sparking...

by admin September 8, 2023
Blow for green energy plans as no firms bid for offshore wind contracts
Business

A trade deal between the UK and India isn’t guaranteed any time soon – and this is why

With his heritage and large extended family in the country, Prime Minister Rishi Sunak will receive a warmer welcome than most of the other...

by admin September 8, 2023
A trade deal between the UK and India isn't guaranteed any time soon - and this is why
Business

Number of Britons worried about the cost of housing hits record levels

About 80% of mortgage holders and renters are now worried about rising housing costs, according to a poll. Which? said the figure was the...

by admin September 8, 2023
Number of Britons worried about the cost of housing hits record levels
Business

Ministers ‘blind’ to rising levels of fraud after billions lost during COVID, MPs say

MPs have accused ministers of “flying blind” and “shrugging their shoulders” at the scale of fraud – which has quadrupled since the start of the...

by admin September 8, 2023
Ministers 'blind' to rising levels of fraud after billions lost during COVID, MPs say
Business

Pensions triple lock adds £11bn a year to public spending – report

The triple lock for state pensions has led to an extra £11bn being spent on the benefit per year, new research has shown. A...

by admin September 7, 2023
Pensions triple lock adds £11bn a year to public spending - report
Business

CBI in talks about tie-up with manufacturers’ body Make UK

The CBI, the embattled employers’ lobbying group, is in talks with Make UK, the manufacturers’ body, about areas of potential collaboration in what some...

by admin September 7, 2023
CBI in talks about tie-up with manufacturers' body Make UK
Business

Competition watchdog launches probe into £2bn vet industry

The competition watchdog is to launch a review into the UK’s £2bn veterinary industry following concerns that pet owners are not getting value for...

by admin September 7, 2023
Competition watchdog launches probe into £2bn vet industry
Business

Offshore wind power warning as government auction flops

Energy industry leaders have warned the UK could fall behind a key target for new offshore wind power ahead of the results of a...

by admin September 7, 2023
Offshore wind power warning as government auction flops
Business

UK to rejoin EU Horizon programme through ‘bespoke new agreement’

The UK will rejoin the European Union’s flagship Horizon science programme after two years of absence post-Brexit, the government has confirmed. Number 10 said...

by admin September 7, 2023
UK to rejoin EU Horizon programme through 'bespoke new agreement'
Business

Aldi boss credits cost of living ‘demand’ as chain targets 500 more UK stores

A top Aldi executive has told Sky News that a surge in demand for its offering during the cost of living crisis to date...

by admin September 7, 2023
Aldi boss credits cost of living 'demand' as chain targets 500 more UK stores
Business

Bank of England governor Andrew Bailey says interest rate rises nearing peak

The governor of the Bank of England has told MPs that interest rates may not rise much further amid expectations that inflation is set...

by admin September 6, 2023
Bank of England governor Andrew Bailey says interest rate rises nearing peak
Business

Haythornthwaite lined up to replace Davies as NatWest chairman

Rick Haythornthwaite, the City grandee who has chaired companies including Centrica and Network Rail, is being lined up as the new chairman of NatWest...

by admin September 6, 2023
Haythornthwaite lined up to replace Davies as NatWest chairman
Business

Petrol prices ‘likely’ to rise further as cost of oil jumps

The price of petrol in the UK could soon rise further after the cost of oil jumped to its highest level this year. Brent...

by admin September 5, 2023
Petrol prices 'likely' to rise further as cost of oil jumps
Business

Wilko store closures and 1,300 more job losses confirmed despite B&M deal

Another 1,332 redundancies at collapsed retailer Wilko have been confirmed despite a deal to snap up more than 50 of its branches. It comes...

by admin September 5, 2023
Wilko store closures and 1,300 more job losses confirmed despite B&M deal
Business

Jeremy Hunt to set out next budget on 22 November

Jeremy Hunt will set out his next budget on 22 November, the chancellor has told MPs. He has commissioned an Office for Budget Responsibility (OBR)...

by admin September 5, 2023
Jeremy Hunt to set out next budget on 22 November
Business

Voters prefer Rachel Reeves to Jeremy Hunt for chancellor, poll shows

Labour’s Rachel Reeves has opened up a clear lead over the Conservatives’ Jeremy Hunt when voters are asked who should be the next chancellor...

by admin September 5, 2023
Voters prefer Rachel Reeves to Jeremy Hunt for chancellor, poll shows
Business

Healthcare tycoon Hester swells Tory election warchest with £5m donation

A healthcare entrepreneur who ranks among Britain’s richest people and whose company has had close ties to the government has handed a £5m donation...

by admin September 5, 2023
Healthcare tycoon Hester swells Tory election warchest with £5m donation
Business

B&M to snap up 51 Wilko stores but unclear if jobs are to be saved

Wilko’s administrators have offloaded 51 Wilko stores to B&M but the discount retailer is yet to confirm whether workers at the sites will be...

by admin September 5, 2023
Wilko store closures and 1,300 more job losses confirmed despite B&M deal
Business

Bank of England’s ‘regrettable’ mistakes fuelled inflation, its former top economist says

The Bank of England “regrettably” made mistakes that have fuelled inflation in the UK, its former chief economist has told Sky News. Andy Haldane...

by admin September 4, 2023
Bank of England's 'regrettable' mistakes fuelled inflation, its former top economist says
Business

Fears for future of ‘super soggy’ Superdry as shares slump to record low

Shares in Superdry plunged to a record low on Monday after the struggling fashion retailer reported a bigger-than-expected annual loss. It came as trading...

by admin September 4, 2023
Fears for future of 'super soggy' Superdry as shares slump to record low
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