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Business

Business

England captain Stokes seeks edge with launch of venture fund

Ben Stokes, the England Test cricket captain, and former team-mate Stuart Broad are among a group of leading sportsmen backing a new venture capital...

by admin August 20, 2023
England captain Stokes seeks edge with launch of venture fund
Business

Direct Line approaches Aviva executive Winslow about CEO vacancy

Direct Line Group, the struggling motor insurer, has approached one of the most senior executives at rival Aviva to become its new boss. Sky...

by admin August 19, 2023
Direct Line approaches Aviva executive Winslow about CEO vacancy
Business

Ofgem expected to reduce energy price cap but rises ahead, Cornwall Insight says

The energy price cap is set to fall again resulting in cheaper electricity and gas bills, according to a closely-watched forecast. Energy bills in...

by admin August 18, 2023
Ofgem expected to reduce energy price cap but rises ahead, Cornwall Insight says
Business

Wilko: ‘Hope’ for future of retailer after ‘expressions of interest’ in parts of business

There are “genuine grounds for hope” for the future of high street retailer Wilko, according to the GMB union, after the company entered administration,...

by admin August 18, 2023
Wilko: 'Hope' for future of retailer after 'expressions of interest' in parts of business
Business

CBI to close swathe of overseas offices in cost-cutting drive

The CBI, the embattled business lobbying group, is to close a swathe of its overseas offices as part of a cost-cutting drive aimed at...

by admin August 18, 2023
CBI to close swathe of overseas offices in cost-cutting drive
Business

Bigger than expected drop in retail sales after July’s wet weather

Retail sales fell for only the second time this year as wet weather led to a surprise 1.2% drop, official figures show. It’s a...

by admin August 18, 2023
Bigger than expected drop in retail sales after July's wet weather
Business

Banks warned on branch closures as access to cash to be ‘protected in law’

The banking sector is being warned it faces penalties if it does not secure free access to cash for the UK population, including businesses,...

by admin August 18, 2023
Banks warned on branch closures as access to cash to be 'protected in law'
Business

Profits at UK firms yet to fully recover from pandemic despite growth

Profit at UK companies has grown slightly, the latest official figures show, suggesting widespread price hikes were not solely to increase profits. There have...

by admin August 18, 2023
Profits at UK firms yet to fully recover from pandemic despite growth
Business

Why BAE bought Ball Aerospace and why it matters

For some time now there has been a growing air of confidence around BAE Systems. That was underlined when, earlier this year, the UK’s...

by admin August 18, 2023
Why BAE bought Ball Aerospace and why it matters
Business

Most motorists want noise cameras installed to clamp down on loud cars

Some 58% of drivers want to see cameras that detect illegally loud vehicles rolled out across the UK, according to a new survey. The...

by admin August 17, 2023
Most motorists want noise cameras installed to clamp down on loud cars
Business

ChatGPT shows ‘significant and systemic’ left-wing bias, study finds

ChatGPT, the popular artificial intelligence chatbot, shows a significant and systemic left-wing bias, UK researchers have found. According to the new study by the...

by admin August 17, 2023
ChatGPT shows 'significant and systemic' left-wing bias, study finds
Business

Banks to face fines if they breach three-mile cash access rule

Major banks face being fined if they fail to provide free access to cash withdrawals within three miles of consumers and businesses under new...

by admin August 17, 2023
Banks to face fines if they breach three-mile cash access rule
Business

Why BAE bought Ball Aerospace and why it matters

For some time now there has been a growing air of confidence around BAE Systems. That was underlined when, earlier this year, the UK’s...

by admin August 17, 2023
Why BAE bought Ball Aerospace and why it matters
Business

Inflation figures: Sharp fall in the rate at which prices are rising

The rate of price rises has fallen sharply, according to official figures. The key, consumer price index (CPI) measure of inflation fell to 6.8%...

by admin August 16, 2023
Inflation figures: Sharp fall in the rate at which prices are rising
Business

The Big Short investor Michael Burry bets $1.6bn on stock market crash

A man who famously made a fortune by predicting the collapse of the US housing market in 2008 now appears to be suggesting that...

by admin August 16, 2023
The Big Short investor Michael Burry bets .6bn on stock market crash
Business

Private sector wage growth surpasses inflation despite unexpected unemployment rise

Private sector wages and total pay, including bonuses, surpassed inflation despite a surprise rise in the rate of UK unemployment. Economists thought the unemployment...

by admin August 15, 2023
Private sector wage growth surpasses inflation despite unexpected unemployment rise
Business

Grocery price inflation falls for fifth month in a row, retail data suggests

Grocery price inflation has eased for the fifth month in a row – as the cost of some staples come down. Closely watched data...

by admin August 15, 2023
Grocery price inflation falls for fifth month in a row, retail data suggests
Business

Cost of living: Price of some branded snack foods more than double

Supermarket prices for some branded snack foods have more than doubled in the last year, as the rising cost of living has squeezed household...

by admin August 15, 2023
Cost of living: Price of some branded snack foods more than double
Business

Wilko administrator sets bidders deadline for buying ailing chain 

Bidders for the ailing retailer Wilko have been given until Wednesday to table bids for the company after its collapse into insolvency last week....

by admin August 14, 2023
Wilko administrator sets bidders deadline for buying ailing chain 
Business

Pay to rise 5% this year, UK HR association says – as employers turn to counteroffers to retain staff

UK employers plan to increase pay by 5% this year and are increasingly making counteroffers to retain existing staff, according to the representative body...

by admin August 14, 2023
Pay to rise 5% this year, UK HR association says - as employers turn to counteroffers to retain staff
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