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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
