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Business

Business

Hopes fade for Wilko rescue deal as administration looms

Hopes of a rescue deal for Wilko were fading on Thursday morning as it emerged that the ailing homewares retailer was heading into insolvency...

by admin August 10, 2023
Hopes fade for Wilko rescue deal as administration looms
Business

Trend of more tenants in the market with fewer rental properties to continue, RICS says

Rents will continue to rise as more people enter the rental market with fewer properties to choose from, the professional body for surveyors has...

by admin August 10, 2023
Trend of more tenants in the market with fewer rental properties to continue, RICS says
Business

Gatwick strikes: Holidaymakers warned of ‘severe disruption’ as fresh walkouts announced

Unite has warned holidaymakers they face “severe disruption” at Gatwick Airport this month after ground staff announced a new series of strikes. More than...

by admin August 9, 2023
Gatwick strikes: Holidaymakers warned of 'severe disruption' as fresh walkouts announced
Business

Water firms facing legal action over claims of pollution and customer overcharging

Six English water companies are facing legal action over allegations they under-reported pollution discharges and overcharged customers as a result. Professor Carolyn Roberts, an...

by admin August 9, 2023
Water firms facing legal action over claims of pollution and customer overcharging
Business

Miserable weather hits summer clothes sales but Taylor Swift boosts card spending

Consumers spent less in shops as wet weather dampened demand for typical seasonal goods in July, latest figures show. Total UK retail sales increased...

by admin August 8, 2023
Miserable weather hits summer clothes sales but Taylor Swift boosts card spending
Business

Energy price cap ‘costing people money and boosting inflation’

Ofgem’s energy price cap is preventing customers from accessing lower tariffs, contributing to inflation and should be abolished, a new report has claimed. The...

by admin August 8, 2023
Energy price cap 'costing people money and boosting inflation'
Business

Bellway consulting on proposals to cut 90 jobs as housebuilder hit by slump in demand

One of Britain’s biggest housebuilders is planning widespread redundancies and the closure of two regional divisions as it battles a slump in demand from...

by admin August 7, 2023
Bellway consulting on proposals to cut 90 jobs as housebuilder hit by slump in demand
Business

Food prices may never fall again following Ukraine invasion, Bank of England chief economist says

Food prices may not fall at all, the chief economist at the Bank of England has said. The cost of sustenance “could still remain...

by admin August 7, 2023
Food prices may never fall again following Ukraine invasion, Bank of England chief economist says
Business

House prices continue to fall but market showing ‘resilience’

House prices fell by 2.4% in the year up to July – but there are signs the market is showing ‘resilience’, according to the...

by admin August 7, 2023
House prices continue to fall but market showing 'resilience'
Business

Barbie execs ‘speechless’ as film tops $1bn in box office sales

Barbie might be synonymous with pink – but her film is now firmly in the green, with more than $1bn (£784m) in box office...

by admin August 7, 2023
Barbie execs 'speechless' as film tops bn in box office sales
Business

Inflexion among suitors for Haleon’s Nicotinell anti-smoking aid

A leading private equity investor is among the suitors circling Nicotinell, the anti-smoking aid which has been earmarked for sale by its FTSE-100 owner....

by admin August 6, 2023
Inflexion among suitors for Haleon's Nicotinell anti-smoking aid
Business

Unlawful ‘de-banking’ to be investigated – as specific communities warn of being disproportionately affected

The Financial Conduct Authority (FCA) has promised to investigate unlawful bank closures after the chancellor warned the practice could be “widespread”. Jeremy Hunt told...

by admin August 6, 2023
Unlawful 'de-banking' to be investigated - as specific communities warn of being disproportionately affected
Business

Shawbrook plots £3.5bn merger with Co-operative Bank

One of Britain’s biggest lenders to small businesses is hatching plans for a £3.5bn tie-up with the Co-operative Bank. Sky News has learnt that...

by admin August 5, 2023
Shawbrook plots £3.5bn merger with Co-operative Bank
Business

Microsoft’s determined to buy the maker of Call Of Duty – but will the UK allow it? 

A final decision is in sight for Microsoft’s protracted bid to acquire the maker of Call Of Duty now that the UK’s competition regulator...

by admin August 4, 2023
Microsoft's determined to buy the maker of Call Of Duty - but will the UK allow it? 
Business

Man and amateur rapper wife who went to great lengths to launder stolen Bitcoin plead guilty

An amateur rapper and her husband have pleaded guilty to attempting to launder stolen Bitcoin. Heather Morgan and Ilya Lichtenstein went to desperate lengths...

by admin August 4, 2023
Man and amateur rapper wife who went to great lengths to launder stolen Bitcoin plead guilty
Business

New Purplebricks owner to Strike out chunk of workforce

The new owner of Purplebricks, the online estate agent, is finalising plans to cut more than 100 jobs in a bid to improve its...

by admin August 3, 2023
New Purplebricks owner to Strike out chunk of workforce
Business

Bank of England increases interest rate for 14th time in a row to 5.25%

The Bank of England has raised interest rates for the 14th successive time, lifting its official rate to 5.25%. The quarter percentage point increase...

by admin August 3, 2023
Bank of England increases interest rate for 14th time in a row to 5.25%
Business

Some 12,000 jobs at risk as UK retail chain Wilko on brink of collapse

High street retailer Wilko has filed a notice of intent to appoint administrators – putting around 12,000 jobs at risk. The discount homeware and...

by admin August 3, 2023
Some 12,000 jobs at risk as UK retail chain Wilko on brink of collapse
Business

Bank of England hints economic pain felt by many to be a long, drawn-out affair

Higher for longer. The Bank of England may have lifted interest rates by less than a lot of people had been expecting up until...

by admin August 3, 2023
Bank of England hints economic pain felt by many to be a long, drawn-out affair
Business

Most work done by women globally ‘is unpaid’, Oxfam says

Most of the work done by women around the world is unpaid, according to a new Oxfam report. The charity estimates around 65% of...

by admin August 3, 2023
Most work done by women globally 'is unpaid', Oxfam says
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Recent Articles
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  • Reform and Greens eye major by-election scalp amid Burnham rowReform and Greens eye major by-election scalp amid Burnham row
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  • Sources: Rangers agree to trade Carson Soucy to IslandersSources: Rangers agree to trade Carson Soucy to Islanders
  • David Pastrnak sixth Bruins player to reach 900 career pointsDavid Pastrnak sixth Bruins player to reach 900 career points
  • The two sides of Mitch Marner's return home to TorontoThe two sides of Mitch Marner’s return home to Toronto
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World News
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  • Remains of last Israeli hostage found in GazaRemains of last Israeli hostage found in Gaza
  • At least 15 dead and hundreds rescued after ferry sinks in southern PhilippinesAt least 15 dead and hundreds rescued after ferry sinks in southern Philippines
  • Xi's purge of top general paints a fascinating picture of power and control within a ruthless and unforgiving systemXi’s purge of top general paints a fascinating picture of power and control within a ruthless and unforgiving system
  • Iran unveils mural warning US not to launch military strikeIran unveils mural warning US not to launch military strike
  • 'Barbaric' attack on Ukraine's largest cities during peace talks - further negotiations expected 'as early as next week'‘Barbaric’ attack on Ukraine’s largest cities during peace talks – further negotiations expected ‘as early as next week’
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