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Business

Business

Virgin Media O2 to slash up to 2,000 jobs by end of year

British mobile operator Virgin Media O2 has announced plans to lay off up to 2,000 employees by the end of the year. The telecoms...

by admin July 25, 2023
Virgin Media O2 to slash up to 2,000 jobs by end of year
Business

Nigel Farage: BBC apologises over inaccurate report on Coutts bank account closure

The BBC has issued an apology to Nigel Farage over a story on the closure of his Coutts bank accounts “which turned out not...

by admin July 24, 2023
Nigel Farage: BBC apologises over inaccurate report on Coutts bank account closure
Business

City minister summons bank bosses over ‘de-banking’ after Farage account closure

Bank chiefs have been summoned by City Minister Andrew Griffith to discuss how customers can be protected from being “de-banked” after Coutts terminated its...

by admin July 24, 2023
City minister summons bank bosses over 'de-banking' after Farage account closure
Business

Greek wildfires: Everything holidaymakers need to know from flights to rights as thousands flee hotels

Raging wildfires on the Greek island of Rhodes have sparked the evacuation of around 2,000 tourists from its resorts. The Greek government said it...

by admin July 24, 2023
Greek wildfires: Everything holidaymakers need to know from flights to rights as thousands flee hotels
Business

Ryanair operating ‘full schedule’ to wildfire-hit Greece as Europe heatwave fails to deter holidaymakers

Ryanair says it is operating a “full schedule” to wildfire-hit Greece including the island of Rhodes as evacuation flights get under way. The company’s...

by admin July 24, 2023
Ryanair operating 'full schedule' to wildfire-hit Greece as Europe heatwave fails to deter holidaymakers
Business

Veteran M&C Saatchi chief MacLennan to step down after 28-year stint

The veteran chief executive of M&C Saatchi, the top London advertising agency, is to step down, marking the latest phase of a leadership overhaul at...

by admin July 23, 2023
Veteran M&C Saatchi chief MacLennan to step down after 28-year stint
Business

Hilco pumps in more cash to help Wilko secure path to sale

The specialist retail investor which owns Homebase has pumped millions of pounds of additional funding into Wilko to help salvage its future. Sky News...

by admin July 23, 2023
Hilco pumps in more cash to help Wilko secure path to sale
Business

More shops could be converted into homes and extensions made easier in review of building rules

Takeaways and betting shops could be converted into homes more easily as the government launches a review of extensions, conversions and renovations. In proposals...

by admin July 23, 2023
More shops could be converted into homes and extensions made easier in review of building rules
Business

Why Apple is taking on Home Office’s new-look surveillance bill

Apple has launched a blistering attack on government proposals that would force tech firms to clear new privacy features with the Home Office. The...

by admin July 23, 2023
Why Apple is taking on Home Office's new-look surveillance bill
Business

Jeremy Clarkson warns some bottles of his Hawkstone Cider are at risk of exploding

Jeremy Clarkson has warned some bottles of his Hawkstone Cider might explode. The former Top Gear presenter, who owns the craft drink brand, warned...

by admin July 22, 2023
Jeremy Clarkson warns some bottles of his Hawkstone Cider are at risk of exploding
Business

Former Telegraph owners take delivery of bids for parcel group Yodel

The former owners of The Daily Telegraph are courting buyers for Yodel, one of Britain’s biggest parcel delivery businesses, as they race to shore...

by admin July 22, 2023
Former Telegraph owners take delivery of bids for parcel group Yodel
Business

Tesco, Asda, Sainsbury’s and Morrisons doubled fuel profit margins since start of Ukraine war

The four biggest UK supermarkets have doubled their profit margins on fuel since Russia invaded Ukraine in February 2022, analysis has revealed. Research from...

by admin July 22, 2023
Tesco, Asda, Sainsbury's and Morrisons doubled fuel profit margins since start of Ukraine war
Business

Government rebuffs pleas from stricken battery maker AMTE Power

Ministers have rebuffed pleas for financial support from a London-listed electric battery manufacturer which faces collapse within days. Sky News has learnt that efforts...

by admin July 21, 2023
Government rebuffs pleas from stricken battery maker AMTE Power
Business

Financier Hands to step down as boss of buyout firm Terra Firma

Guy Hands, one of Britain’s most prominent financiers, is to step down as the boss of Terra Firma Capital Partners, the buyout firm he...

by admin July 21, 2023
Financier Hands to step down as boss of buyout firm Terra Firma
Business

Average mortgage rates edge up again after brief fall, market data shows

Fixed mortgage rates have risen again after a brief fall, according to the latest market data. The average two-year homeowner mortgage rate on the...

by admin July 21, 2023
Average mortgage rates edge up again after brief fall, market data shows
Business

Nigel Farage calls bank’s apology ‘a start’ but ‘no way near enough’ after account row

Nigel Farage has called on MPs to hold an inquiry into NatWest after one of the group’s banks, Coutts, closed his account. The former...

by admin July 21, 2023
Nigel Farage calls bank's apology 'a start' but 'no way near enough' after account row
Business

Retail sales grew 0.7% last month beating expectations

Retail sales grew 0.7% last month beating expectations, latest official data shows. It follows a rise of 0.1% in May, a figure which the...

by admin July 21, 2023
Retail sales grew 0.7% last month beating expectations
Business

Average asking rental price hit record high for homes inside and outside of London

The average asking rent for properties both inside and outside of London have hit a new record high, according to a property website. Data...

by admin July 21, 2023
Average asking rental price hit record high for homes inside and outside of London
Business

NatWest chief apologises to Farage and promises account closure review

The chief executive of NatWest Group has apologised to Nigel Farage for the closure of his bank accounts and ordered an immediate review of...

by admin July 20, 2023
NatWest chief apologises to Farage and promises account closure review
Business

Virgin Money to shut almost a third of UK branches – is your local bank affected?

Virgin Money has become the latest lender to reveal a new wave of branch closures, announcing plans to axe almost a third of its...

by admin July 20, 2023
Virgin Money to shut almost a third of UK branches - is your local bank affected?
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