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Business

Business

CBI suffers fresh blow as City’s governing body turns its back

The City of London’s governing body has delivered a fresh hit to the CBI, saying it had joined the ranks of those suspending their...

by admin April 25, 2023
CBI suffers fresh blow as City's governing body turns its back
Business

Bank of England rate-setter urges people to accept they are poorer in fight against inflation

The Bank of England’s chief economist has urged people to accept they are poorer, warning that inflation risks remaining stubbornly high. Huw Pill told...

by admin April 25, 2023
Bank of England rate-setter urges people to accept they are poorer in fight against inflation
Business

Ted Baker chief heads for exit in wake of Authentic Brands takeover

The chief executive of Ted Baker is close to leaving the company six months after it was taken over by a giant American brands...

by admin April 25, 2023
Ted Baker chief heads for exit in wake of Authentic Brands takeover
Business

Sense of crisis regrips First Republic Bank as it admits $100bn deposit flight

Shares in First Republic Bank have tumbled to a new record low after the troubled US regional lender admitted last month’s banking crisis sparked...

by admin April 25, 2023
Sense of crisis regrips First Republic Bank as it admits 0bn deposit flight
Business

Chancellor blames ‘eye-watering sums’ spent on pandemic and energy bills support for hike in public sector borrowing

The chancellor has blamed the “eye-watering sums” spent on helping people through the coronavirus pandemic and energy crisis for an increase in public sector...

by admin April 25, 2023
Chancellor blames 'eye-watering sums' spent on pandemic and energy bills support for hike in public sector borrowing
Business

Grocery inflation rate eases but may not have peaked yet, industry data suggests

It is too early to say whether a slight easing in grocery inflation means the cost of food shopping has reached its peak, according...

by admin April 25, 2023
Grocery inflation rate eases but may not have peaked yet, industry data suggests
Business

Thousands of jobs at risk as Ocado announces warehouse closure

Thousands of jobs are at risk after Ocado announced plans to close its oldest distribution centre. The online grocer says it will close its...

by admin April 25, 2023
Thousands of jobs at risk as Ocado announces warehouse closure
Business

Planet Organic founder Elliott returns to spearhead rescue deal

Renee Elliott, the founder of Planet Organic, is returning to spearhead a rescue deal for the supermarket chain she launched in 1995. Sky News...

by admin April 24, 2023
Planet Organic founder Elliott returns to spearhead rescue deal
Business

CBI chief sets out ‘ts ‘most grievous error’ in sexual misconduct scandal

The president of the scandal-hit CBI has admitted he does not know if the business lobby group can win back trust while setting out...

by admin April 24, 2023
CBI chief sets out 'ts 'most grievous error' in sexual misconduct scandal
Business

CBI scandal: Chancellor declares there is ‘no point’ engaging with lobby group

Chancellor Jeremy Hunt says there is “no point” in talking to the CBI while the lobby group is dealing with allegations that have brought...

by admin April 24, 2023
CBI scandal: Chancellor declares there is 'no point' engaging with lobby group
Business

Prezzo to shut 46 restaurants putting 810 staff at risk – full list of sites closing

Prezzo will close 46 loss-making restaurants as it struggles with soaring energy and food costs. The move will put around 810 workers at risk...

by admin April 24, 2023
Prezzo to shut 46 restaurants putting 810 staff at risk - full list of sites closing
Business

Ian King discusses sustainability in business from The Guildhall to mark the start of City Week

Ian King speaks to Maurice Button, the chairman of City Week about what business is doing to support decarbonisation and he discusses the digital...

by admin April 24, 2023
Ian King discusses sustainability in business from The Guildhall to mark the start of City Week
Business

Burberry chairman Gerry Murphy accuses Rishi Sunak of making UK ‘least attractive’ place to shop in Europe

Prime Minister Rishi Sunak has been challenged by the chairman of Burberry over the scrapping of VAT refunds for tourists. Gerry Murphy, who heads...

by admin April 24, 2023
Burberry chairman Gerry Murphy accuses Rishi Sunak of making UK 'least attractive' place to shop in Europe
Business

House price growth slows as buyers ‘take note of economic headwinds’

The average price of a home coming to market this month rose by just 0.2% to £366,247, according to data from Rightmove. This was...

by admin April 24, 2023
House price growth slows as buyers 'take note of economic headwinds'
Business

Former Asda boss Clarke cooks up rescue of online butcher Farmison

A former chief executive of Asda has sealed a rescue deal for an online butcher which counts Fortnum & Mason and Harrods among its...

by admin April 23, 2023
Former Asda boss Clarke cooks up rescue of online butcher Farmison
Business

THG searches Farr for new director as Apollo bid looms

The senior independent director of Britain’s biggest tobacco company is to take the same role at THG, the online retailer behind Cult Beauty, as...

by admin April 23, 2023
THG searches Farr for new director as Apollo bid looms
Business

Sunak rolls out ministerial army in bid to charm private sector chiefs

More than 20 ministers will attend a summit with corporate chiefs on Monday as Rishi Sunak attempts to mount a fresh private sector charm...

by admin April 23, 2023
Sunak rolls out ministerial army in bid to charm private sector chiefs
Business

Corporate bosses scramble to fill void left by CBI crisis

Some of Britain’s biggest companies are this weekend scrambling to fill the void left by the crisis at the CBI as they consider backing...

by admin April 22, 2023
Corporate bosses scramble to fill void left by CBI crisis
Business

CBI scandal: NatWest, Meta and BP amid big names to quit or suspend collaboration

NatWest, Meta, BT, BMW, ITV and Unilever have joined a growing list of big corporate names in terminating their membership of the CBI or...

by admin April 21, 2023
CBI scandal: NatWest, Meta and BP amid big names to quit or suspend collaboration
Business

Once-distinguished and influential CBI has seen its reputation reduced to rubble

If one were to compile a list of some of the most prestigious blue-chip UK employers, it would probably include NatWest, BP, Shell, Aviva,...

by admin April 21, 2023
CBI chief sets out 'ts 'most grievous error' in sexual misconduct scandal
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Recent Articles
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World News
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  • China warns UK and US after USS Higgins and HMS Richmond sail through Taiwan StraitChina warns UK and US after USS Higgins and HMS Richmond sail through Taiwan Strait
  • Charlie Kirk's widow pays tribute to 'perfect' husband and says her cries 'will echo around the world'Charlie Kirk’s widow pays tribute to ‘perfect’ husband and says her cries ‘will echo around the world’
  • Charlie Kirk suspect arrested after tip-off from fatherCharlie Kirk suspect arrested after tip-off from father
  • UK joins NATO operation to bolster Europe's eastern flank after Russian drone incursions into PolandUK joins NATO operation to bolster Europe’s eastern flank after Russian drone incursions into Poland
  • Russia-Belarus drills begin as tensions high after drone incursion in PolandRussia-Belarus drills begin as tensions high after drone incursion in Poland
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