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Business

RMT announces strikes on London Underground later this month

Several days of strike action on the London Underground have been announced from 23 July amid a continuing row over pay and jobs. The...

by admin July 6, 2023
RMT announces strikes on London Underground later this month
Business

Currys boss ‘wary’ of economic optimism as overall profits fall

Electronics retail giant Currys has warned of reduced consumer spending as inflation and interest rates hit shoppers – as it revealed a dip in...

by admin July 6, 2023
Currys boss 'wary' of economic optimism as overall profits fall
Business

Housebuilding falls sharply as mortgage rates rise

UK housebuilding has fallen at the steepest rate in more than a decade – outside of the pandemic years – as high borrowing costs...

by admin July 6, 2023
Housebuilding falls sharply as mortgage rates rise
Business

Worry for Bank of England as higher wages become ‘biggest driver of price rises’

Higher wages are the “biggest driver of price rises” for two-thirds of businesses, according to the findings of a report which will do nothing...

by admin July 6, 2023
Worry for Bank of England as higher wages become 'biggest driver of price rises'
Business

Telegraph receivers kick off hunt for new chair of newspaper group

The publisher of The Daily Telegraph is to appoint a new chairman after receivers acting on behalf of its parent company’s lender kicked off...

by admin July 5, 2023
Telegraph receivers kick off hunt for new chair of newspaper group
Business

Crispin Odey: City watchdog in contact with police as scope of probe revealed

The City watchdog has confirmed it has been in contact with police as it investigates whether scandal-hit hedge fund manager Crispin Odey is a...

by admin July 5, 2023
Crispin Odey: City watchdog in contact with police as scope of probe revealed
Business

OECD says the UK is now the only country in the G7 with rising inflation

The UK is now the only country in the G7 group of rich nations still dealing with rising inflation, the Organisation for Economic Co-operation...

by admin July 5, 2023
OECD says the UK is now the only country in the G7 with rising inflation
Business

Competition watchdog hits Leicester City with £880k fine for price fixing but JD Sports avoids charge

The competition regulator has found Leicester City football club and JD Sports “colluded” to restrict competition in football kit sales and fix prices. Both...

by admin July 5, 2023
Competition watchdog hits Leicester City with £880k fine for price fixing but JD Sports avoids charge
Business

Call for government to fund safe e-bike subsidies after battery fire

The government should subsidise safe e-bikes to combat the risks posed from unregulated batteries, an industry figure has said. The call comes after the...

by admin July 5, 2023
Call for government to fund safe e-bike subsidies after battery fire
Business

Thames Water investors ‘more concerned’ about company’s turnaround prospects, regulator says

The water industry regulator has admitted investors in crisis-hit Thames Water have become “more concerned about the turnaround of the company”, as it seeks...

by admin July 5, 2023
Thames Water investors 'more concerned' about company's turnaround prospects, regulator says
Business

Clinical research platform uMed raises £10m to tackle slump in UK trials

A medical research technology company founded by an NHS doctor has raised almost £10m in funding to help tackle a sharp decline in clinical...

by admin July 5, 2023
Clinical research platform uMed raises £10m to tackle slump in UK trials
Business

Nearly every railway ticket office in England set to close with number of job losses unknown

Plans to close nearly every railway station ticket office across England have been officially announced with the number of job cuts unknown. Sky News...

by admin July 5, 2023
Nearly every railway ticket office in England set to close with number of job losses unknown
Business

Nearly every railway ticket office in England could close under plans due to be unveiled

Plans to close almost every railway station ticket office in England are expected to be revealed on Wednesday, Sky News understands. Around three out...

by admin July 5, 2023
Nearly every railway ticket office in England could close under plans due to be unveiled
Business

Call for government to fund safe e-bike subsidies after battery fire

The government should subsidise safe e-bikes to combat the risks posed from unregulated batteries, an industry figure has said. The call comes after the...

by admin July 5, 2023
Call for government to fund safe e-bike subsidies after battery fire
Business

Thames Water investors ‘more concerned’ about company’s turnaround prospects, regulator says

The water industry regulator has admitted investors in crisis-hit Thames Water have become “more concerned about the turnaround of the company”, as it seeks...

by admin July 5, 2023
Thames Water investors 'more concerned' about company's turnaround prospects, regulator says
Business

Millwall owner John Berylson dies in ‘tragic accident’

Millwall owner John Berylson has died in a “tragic accident”, the football club has announced. The Championship team confirmed the news in a statement...

by admin July 5, 2023
Millwall owner John Berylson dies in 'tragic accident'
Business

Average mortgage rate rises above 6% for five-year fixed deals

The average mortgage rate for a five-year fixed deal has risen to 6.01%, according to a financial information company. Meanwhile, the average two-year fixed...

by admin July 4, 2023
Average mortgage rate rises above 6% for five-year fixed deals
Business

Major banks summoned to meet financial watchdog over ‘measly’ easy access savings rates

The bosses of the country’s four main lenders have been summoned to a meeting with the financial watchdog as they face pressure to raise...

by admin July 4, 2023
Major banks summoned to meet financial watchdog over 'measly' easy access savings rates
Business

Food inflation is starting to fall, says Sainsbury’s boss

Food inflation is “starting to fall”, Sainsbury’s has said, as the retailer saw sales boosted by bank holidays and warmer weather. The UK’s second...

by admin July 4, 2023
Food inflation is starting to fall, says Sainsbury's boss
Business

Energy firms face penalties if ‘financial resilience’ is placed at risk

The energy regulator has threatened action against household suppliers if they put investors before hard-pressed households. Ofgem’s chief executive Jonathan Brearley warned that financial...

by admin July 4, 2023
Energy firms face penalties if 'financial resilience' is placed at risk
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