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Business

Business

Allison Kirkby announced as first female chief executive of BT

BT, the FTSE 100 telecoms provider, has announced its new chief executive, the first woman to hold the post. It comes after Sky News...

by admin July 31, 2023
Allison Kirkby announced as first female chief executive of BT
Business

Banks launch mortgage support campaign following deal with Hunt

Britain’s biggest mortgage lenders will this week launch a multimillion pound campaign aimed at illustrating the range of support they are providing to cash-strapped...

by admin July 30, 2023
Banks launch mortgage support campaign following deal with Hunt
Business

AA-backer Warburg Pincus poaches leading City banker Sibbald for European role

One of the private equity backers of the AA breakdown recovery service has poached a veteran City banker to take a leadership role at...

by admin July 30, 2023
AA-backer Warburg Pincus poaches leading City banker Sibbald for European role
Business

Nigel Farage launches website to tackle ‘major scandal’ of de-banking

Nigel Farage has launched a website to tackle de-banking following the fallout from the closure of his account with Coutts. The former UKIP and...

by admin July 29, 2023
Nigel Farage launches website to tackle 'major scandal' of de-banking
Business

Activist fund Sparta builds stake in Dr Martens after share price slump

An activist fund manager has been building a stake in Dr Martens, the globally renowned bootmaker which has seen its valuation slump amid supply...

by admin July 29, 2023
Activist fund Sparta builds stake in Dr Martens after share price slump
Business

Train strikes: Full list of dates and rail services affected by industrial action

Another rail strike is set to disrupt train journeys this weekend – with further industrial action planned in August. The Rail, Maritime and Transport...

by admin July 29, 2023
Train strikes: Full list of dates and rail services affected by industrial action
Business

Train passengers face more disruption as rail workers strike again

Train passengers are facing more disruption on Saturday as workers strike once again over pay, jobs and conditions. Thousands of staff from the Rail,...

by admin July 29, 2023
Train passengers face more disruption as rail workers strike again
Business

NatWest profits surge as bank reels from Farage de-banking debacle

NatWest has reported a better than expected surge in half-year profits as the taxpayer-backed lender reels from the Nigel Farage de-banking debacle. At the...

by admin July 28, 2023
NatWest profits surge as bank reels from Farage de-banking debacle
Business

Thousands of retail outlets disappear from British towns over past five years

British towns have lost 6,000 retail outlets over the past five years, though the vacancy rate has improved in some settings, figures show. The...

by admin July 28, 2023
Thousands of retail outlets disappear from British towns over past five years
Business

Eurozone interest rates return to all-time high

The interest rate in the 20 Eurozone countries has been returned to the highest ever level. Not since October 2000 have rates been at...

by admin July 27, 2023
Eurozone interest rates return to all-time high
Business

Coutts chief executive resigns after Farage banking row

Coutts chief executive Peter Flavel has resigned over his handling of Nigel Farage’s bank account. The interim NatWest chief executive Paul Thwaite said Mr...

by admin July 27, 2023
Coutts chief executive resigns after Farage banking row
Business

Shell profits cut by half due to plunging energy prices

Shell has revealed a big fall in the second quarter of its financial year, largely due to energy prices plunging from their Russia-Ukraine war...

by admin July 27, 2023
Shell profits cut by half due to plunging energy prices
Business

Wizz Air lands in trouble over flight disruption compensation

Wizz Air passengers who had flight disruption compensation claims dismissed by the airline are to have their cases reviewed under measures revealed by the...

by admin July 27, 2023
Wizz Air lands in trouble over flight disruption compensation
Business

Fund manager Abrdn to merge once-mighty Gars in consolidation move

Abrdn is to merge an investment fund that was once Britain’s biggest after years of mediocre performance, as the quoted asset manager seeks to...

by admin July 27, 2023
Fund manager Abrdn to merge once-mighty Gars in consolidation move
Business

British Gas profits soar by 889% (but not for the reason you might think)

The parent company of British Gas has revealed half-year profits for its UK household supply arm are up by almost 900%. Centrica said that...

by admin July 27, 2023
British Gas profits soar by 889% (but not for the reason you might think)
Business

Legal bills push up costs at Meta but revenues and user numbers up

Tech giant Meta is the latest company to beat Wall Street revenue expectations as the number of people using its platforms grew, but Metaverse...

by admin July 27, 2023
Legal bills push up costs at Meta but revenues and user numbers up
Business

US interest rates back on the rise

The Federal Reserve – the US central bank known as the Fed – has recommenced its programme of interest rate increases. The rate has...

by admin July 26, 2023
US interest rates back on the rise
Business

NatWest boss Alison Rose resigns over Nigel Farage bank account leak

NatWest chief executive Dame Alison Rose has resigned after admitting to being the source of an inaccurate story about Nigel Farage’s bank account. Her...

by admin July 26, 2023
NatWest boss Alison Rose resigns over Nigel Farage bank account leak
Business

Tottenham Hotspur owner Joe Lewis charged over insider trading scheme

The British billionaire owner of Tottenham Hotspur, Joe Lewis, has been indicted for orchestrating a “brazen” insider trading scheme, the US attorney in Manhattan...

by admin July 26, 2023
Tottenham Hotspur owner Joe Lewis charged over insider trading scheme
Business

Demand for AI helps Microsoft outperform financial expectations

Microsoft has beaten Wall Street expectations, posting better than expected revenues as its cloud computing and office software business grew amid increasing demand for...

by admin July 26, 2023
Demand for AI helps Microsoft outperform financial expectations
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