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Business

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
Business

Royal Mail dispute nears end as union recommends peace deal to posties

The most bitter UK industrial dispute of the last year is on the verge of being settled as the union representing 112,000 frontline Royal...

by admin April 21, 2023
Royal Mail dispute nears end as union recommends peace deal to posties
Business

CBI scandal forces Aviva to ‘terminate’ its membership

Aviva, the FTSE 100 insurer, says it has “terminated” its membership of the CBI due to the scandal engulfing the business lobby group and...

by admin April 21, 2023
CBI scandal forces Aviva to 'terminate' its membership
Business

CBI president faces blow as fund manager abrdn weighs exit

The president of the CBI is facing fresh embarrassment as a company of which he is a director weighs bringing its membership of the...

by admin April 21, 2023
CBI president faces blow as fund manager abrdn weighs exit
Business

CBI crisis intensifies as second female worker makes rape claim

A second woman has come forward to claim she was raped while working at the CBI. The Guardian said it was contacted by the...

by admin April 21, 2023
CBI crisis intensifies as second female worker makes rape claim
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