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Business

Business

More Wilko job losses loom as Putman rescue deal collapses

Fears intensified on Monday morning over thousands of high street job losses at Wilko, the stricken value retailer, when a rescue deal involving the...

by admin September 11, 2023
More Wilko job losses loom as Putman rescue deal collapses
Business

BMW to make new electric Mini in Oxford after securing millions in taxpayer funding

BMW is to build its next-generation electric Mini in Oxford after securing millions of pounds in taxpayer support from the government. The German-headquartered car...

by admin September 11, 2023
BMW to make new electric Mini in Oxford after securing millions in taxpayer funding
Business

Sleep technology provider tries to awaken interest from buyers

A British-based sleep technology business is being put up for sale by its London-listed owner in a deal that could fetch tens of millions...

by admin September 10, 2023
Sleep technology provider tries to awaken interest from buyers
Business

Insolvency firms face crackdown in government shake-up

Insolvency firms face being formally regulated for the first time under reforms to be announced next week that will nevertheless fall short of a...

by admin September 9, 2023
Insolvency firms face crackdown in government shake-up
Business

Cafe Rouge owner needs bigger table for swoop on Chiquito’s and Frankie & Benny’s

The owner of Cafe Rouge is in talks to buy Chiquito’s and Frankie and Benny’s, two of Britain’s best-known restaurant chains. Sky News has...

by admin September 9, 2023
Cafe Rouge owner needs bigger table for swoop on Chiquito's and Frankie & Benny's
Business

Morrisons and Motor Fuel Group in talks about £2bn petrol forecourts deal

The supermarket chain Wm Morrison is in talks about a £2bn deal to offload one of Britain’s biggest petrol forecourts empires. Sky News has learnt...

by admin September 8, 2023
Morrisons and Motor Fuel Group in talks about £2bn petrol forecourts deal
Business

Crisis-hit CBI business group faces new cash crunch amid talks with rival

The CBI, once Britain’s most influential business organisation, is facing an urgent cash crunch as it races to cut costs and seal a potential...

by admin September 8, 2023
Crisis-hit CBI business group faces new cash crunch amid talks with rival
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

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

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

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
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