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Business

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
Business

More than half of broadband users continue to face problems – despite above-inflation price rises

More than half of broadband customers in the UK continue to experience problems with their service, a survey has found, despite providers raising prices...

by admin July 4, 2023
More than half of broadband users continue to face problems - despite above-inflation price rises
Business

Drivers paid higher pump prices after supermarkets increased margins – watchdog

Increased supermarket profit margins led to drivers paying an extra 6p per litre for fuel last year, an investigation has found. Asda has also...

by admin July 3, 2023
Drivers paid higher pump prices after supermarkets increased margins - watchdog
Business

Former Carillion finance chief Khan handed 11-year boardroom ban

The former finance chief of Carillion is to be banned from holding company directorships for more than a decade. Sky News can reveal that...

by admin July 3, 2023
Former Carillion finance chief Khan handed 11-year boardroom ban
Business

Tesla delivers record number of cars after price cuts

Electric car company Tesla has delivered a record number of cars in the second quarter – as its strategy to lower prices paid off...

by admin July 3, 2023
Tesla delivers record number of cars after price cuts
Business

Fuel prices, SEC Newgate’s $100m boost and the power of AI

Ian King speaks to the chief executive of the Competition and Markets Authority about supermarket fuel prices. Plus, we hear from the boss of...

by admin July 3, 2023
Fuel prices, SEC Newgate's 0m boost and the power of AI
Business

Elon Musk jokes about Twitter’s new reading limits after users vent fury

Elon Musk has joked about Twitter’s temporary daily reading limits after users vented their fury over the site’s new limitations. “Oh the irony of...

by admin July 3, 2023
Elon Musk jokes about Twitter's new reading limits after users vent fury
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