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Business

Business

Tesco eyes surprise bid to wrap up deal for Paperchase brand

Tesco is poised to snap up the Paperchase brand in a surprise swoop that will cast a shadow over hundreds of high street jobs....

by admin January 31, 2023
Tesco eyes surprise bid to wrap up deal for Paperchase brand
Business

Tesco says management shake-up and hot counter closures to impact 2,100 jobs

Tesco has announced a plan to shake-up management and close hot counters and delis will impact approximately 2,100 jobs. The shake-up will also introduce...

by admin January 31, 2023
Tesco says management shake-up and hot counter closures to impact 2,100 jobs
Business

UK economy to fare worse than any other country in developed world this year, IMF forecasts

Britain’s economic reputation has been dealt a further blow after the International Monetary Fund (IMF) forecast that this year the UK economy will fare...

by admin January 31, 2023
UK economy to fare worse than any other country in developed world this year, IMF forecasts
Business

JD Sports cyber attack may have exposed millions of names, numbers and addresses

JD Sports is contacting customers who have been affected by a cyber attack that may have exposed their personal details. The incident impacted 10...

by admin January 30, 2023
JD Sports cyber attack may have exposed millions of names, numbers and addresses
Business

Paperchase on brink of collapse as hopes of solvent rescue fade

Paperchase, the high street stationery retailer, is close to collapsing into administration as hopes of a solvent rescue deal fade. Sky News understands the...

by admin January 30, 2023
Tesco eyes surprise bid to wrap up deal for Paperchase brand
Business

Electric vehicle start-up Arrival cuts 800 jobs as it focuses on US future

Arrival, the UK start-up focusing on development of commercial electric vehicles, has revealed that it is to cut its workforce by half as it...

by admin January 30, 2023
Electric vehicle start-up Arrival cuts 800 jobs as it focuses on US future
Business

Matchesfashion owner pumps in £60m to keep online retailer in shape

The private equity backer of Matchesfashion, the online upmarket fashion retailer, is pumping tens of millions of pounds of new funding into the business...

by admin January 30, 2023
Matchesfashion owner pumps in £60m to keep online retailer in shape
Business

Ryanair reports record profits and more expensive fares

Ryanair reported record after-tax profits of €211m (£185m) in the Christmas season from October to December. The budget airline continued to perform better than...

by admin January 30, 2023
Ryanair reports record profits and more expensive fares
Business

London-listed SPAC targets merger with chronic disease drug developer Istesso

The first “blank cheque” company to list in London after an overhaul aimed at helping the City compete with rival financial centres is in...

by admin January 28, 2023
London-listed SPAC targets merger with chronic disease drug developer Istesso
Business

Flybe customers urged not to go to airport as carrier collapses and cancels all flights

Passengers due to travel with Flybe have been told not to go to the airport after the regional carrier ceased trading and all flights...

by admin January 28, 2023
Flybe customers urged not to go to airport as carrier collapses and cancels all flights
Business

Government homes in on £5bn cladding settlement with housebuilders

Michael Gove, the levelling up secretary, is closing in on a multibillion pound deal with Britain’s biggest housebuilders to help resolve the national cladding...

by admin January 27, 2023
Government homes in on £5bn cladding settlement with housebuilders
Business

Jeremy Hunt dismisses economic ‘gloom’ as he dashes Tory hopes of tax cuts

Chancellor Jeremy Hunt has dismissed economic “gloom” in a major speech today as he promised to use “Brexit freedoms” to increase growth and productivity...

by admin January 27, 2023
Jeremy Hunt dismisses economic 'gloom' as he dashes Tory hopes of tax cuts
Business

Tax List finds Russian-born billionaire has overtaken Bet356 family as UK’s top taxpayer

A Russian-born City billionaire is the UK’s top taxpayer, according to a closely watched list. Alex Gerko, the founder of XTX Markets who has...

by admin January 27, 2023
Tax List finds Russian-born billionaire has overtaken Bet356 family as UK's top taxpayer
Business

Asda faces prospect of strikes over plans that risk thousands of job losses

Asda is facing the prospect of strike action unless it makes significant concessions on its self-styled “efficiency” plans that have placed thousands of jobs...

by admin January 27, 2023
Asda faces prospect of strikes over plans that risk thousands of job losses
Business

Shop occupancy rates improve despite cost of living crisis

The number of shops lying vacant on British high streets fell during the final three months of 2022, despite pressure on both firms and...

by admin January 27, 2023
Shop occupancy rates improve despite cost of living crisis
Business

Delayed and over-budget HS2 may not run to central London for another 15 years – or ever

The government has refused to deny reports that HS2 may not run to Euston until 2038 – if it ever reaches there at all....

by admin January 27, 2023
Delayed and over-budget HS2 may not run to central London for another 15 years - or ever
Business

Royal Mail owner puts cost of strikes at £200m and questions resolve of CWU members

Royal Mail’s parent firm has raised its estimate for the cost of industrial action so far to £200m and claimed that up to 12,500...

by admin January 27, 2023
Royal Mail owner puts cost of strikes at £200m and questions resolve of CWU members
Business

Superdry issues profit warning as shipping woes offset trading momentum

Shares of Superdry fell by more than 17% at the market open after the fashion retailer warned it would do no better than break...

by admin January 27, 2023
Superdry issues profit warning as shipping woes offset trading momentum
Business

Chancellor Jeremy Hunt set to declare that dire predictions about UK’s future are ‘wrong’

The chancellor will dismiss “gloom” about the prospects for the UK economy and say the government will bring about long-term prosperity in a plan...

by admin January 27, 2023
Jeremy Hunt dismisses economic 'gloom' as he dashes Tory hopes of tax cuts
Business

UK car production slumps to 66-year low but improvement expected ahead

UK car production fell to its lowest level since 1956 last year, according to industry figures showing that the global shortage of parts continued...

by admin January 26, 2023
UK car production slumps to 66-year low but improvement expected ahead
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Recent Articles
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  • Royal Mail to scrap second-class post on Saturdays and some weekdaysRoyal Mail to scrap second-class post on Saturdays and some weekdays
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  • US-listed Ulta Beauty swoops on high street chain Space NKUS-listed Ulta Beauty swoops on high street chain Space NK
  • Why Boris's best mate is off to ReformWhy Boris’s best mate is off to Reform
  • Gaza permanent ceasefire 'questionable', says Israeli governmentGaza permanent ceasefire ‘questionable’, says Israeli government
  • At least four killed and 'many' kidnapped after Houthi rebels sink cargo ship Eternity C in Red SeaAt least four killed and ‘many’ kidnapped after Houthi rebels sink cargo ship Eternity C in Red Sea
  • Donald Trump praises Liberian president's English - the country's official languageDonald Trump praises Liberian president’s English – the country’s official language
  • Christian Horner says Red Bull sacking came as a 'shock' in farewell speechChristian Horner says Red Bull sacking came as a ‘shock’ in farewell speech
  • A pub a day to close this year, industry body warns as it calls for cut to tax burdenA pub a day to close this year, industry body warns as it calls for cut to tax burden
World News
  • This flimsy vessel carrying migrants could reach British waters in a few hours' timeThis flimsy vessel carrying migrants could reach British waters in a few hours’ time
  • At least four killed and 'many' kidnapped after Houthi rebels sink cargo ship Eternity C in Red SeaAt least four killed and ‘many’ kidnapped after Houthi rebels sink cargo ship Eternity C in Red Sea
  • Gaza permanent ceasefire 'questionable', says Israeli governmentGaza permanent ceasefire ‘questionable’, says Israeli government
  • Donald Trump praises Liberian president's English - the country's official languageDonald Trump praises Liberian president’s English – the country’s official language
  • Christian Horner says Red Bull sacking came as a 'shock' in farewell speechChristian Horner says Red Bull sacking came as a ‘shock’ in farewell speech
  • Gaza permanent ceasefire 'questionable', says Israeli governmentGaza permanent ceasefire ‘questionable’, says senior Israeli official
  • IDF chief says conditions 'created' for Gaza ceasefire - as Trump says it could be 'this week or next'IDF chief says conditions ‘created’ for Gaza ceasefire – as Trump says it could be ‘this week or next’
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