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Business

Business

Co-operative Bank ‘exploring potential sale’

The Co-operative Bank is considering putting itself up for sale, sources say. The proposal is one of a number of options under review for...

by admin April 14, 2023
Co-operative Bank 'exploring potential sale'
Business

William Hill owner 888 expects no further impact from record gambling fine

The owner of British gambling brand William Hill has said profit is to rise and there is to be no further impact from the...

by admin April 14, 2023
William Hill owner 888 expects no further impact from record gambling fine
Business

Striking RMT rail workers offered fresh deal from rail firms

The RMT has received an “updated offer” from rail companies in a bid to end strike action in its long-running dispute over pay and...

by admin April 14, 2023
Striking RMT rail workers offered fresh deal from rail firms
Business

Benefits health assessment system ‘contributed to death of claimants’ – report finds

Issues or errors surrounding the system of health assessments for benefits has contributed to the deaths of some claimants, MPs have heard. The Work...

by admin April 14, 2023
Benefits health assessment system 'contributed to death of claimants' - report finds
Business

Big changes are coming to Reddit – and some users really aren’t happy

Swipe through your social media apps of choice and you will likely notice them looking increasingly similar. The rapid ascent of TikTok, now with...

by admin April 14, 2023
Big changes are coming to Reddit - and some users really aren't happy
Business

Self-driving Ford car granted approval for hands-free use on British motorways in European first

Britain has become the first country in Europe to approve hands-free driving technology. The Department for Transport has granted Ford permission to use driver...

by admin April 14, 2023
Self-driving Ford car granted approval for hands-free use on British motorways in European first
Business

Essex pub handed awards and publication ban by Camra over golly doll collection

An Essex pub which is refusing to take down its collection of golly dolls, has been told it will no longer be featured in...

by admin April 14, 2023
Essex pub handed awards and publication ban by Camra over golly doll collection
Business

Top City investors throw weight behind Hammerson in stand-off with Lighthouse

A pair of leading City institutions have thrown their weight behind Britain’s biggest shopping centre owner amid demands from its biggest shareholder to speed...

by admin April 14, 2023
Top City investors throw weight behind Hammerson in stand-off with Lighthouse
Business

0% GDP growth shows there is ‘no room for complacency’, says Chancellor Jeremy Hunt

The chancellor has told Sky News there is “no room for complacency” in tackling the UK’s economic problems after official figures revealed no GDP...

by admin April 13, 2023
0% GDP growth shows there is 'no room for complacency', says Chancellor Jeremy Hunt
Business

Banks ‘may need more liquidity buffers’ to cope with runs in future, BoE governor Andrew Bailey warns

Andrew Bailey has called into question whether UK banks have large enough cash buffers to cope with crises similar to the recent run on Silicon...

by admin April 12, 2023
Banks 'may need more liquidity buffers' to cope with runs in future, BoE governor Andrew Bailey warns
Business

Lowest demand for cash since central banks hoarded notes over millennium bug fears

Demand for banknotes is at its lowest since central banks stockpiled cash for fear of the millennium bug, the Bank of England’s sole currency...

by admin April 12, 2023
Lowest demand for cash since central banks hoarded notes over millennium bug fears
Business

Rise in job candidates ‘suggests tide could be turning’ in labour market

The overall supply of candidates for jobs has increased for the first time in more than two years, a survey of recruiters suggests. While...

by admin April 12, 2023
Rise in job candidates 'suggests tide could be turning' in labour market
Business

City of London Police investigates alleged CBI sexual misconduct

Police are now investigating alleged sexual misconduct at the Confederation of British Industry (CBI). The City of London Police said its inquiries were “at...

by admin April 11, 2023
City of London Police investigates alleged CBI sexual misconduct
Business

World economy entering ‘perilous phase’ with UK to perform worst in G7 this year, IMF says

The world economy is entering a “perilous phase” of low economic growth and high financial risk, the International Monetary Fund has warned in its...

by admin April 11, 2023
World economy entering 'perilous phase' with UK to perform worst in G7 this year, IMF says
Business

Ultra-low interest rates set to return, IMF says

Ultra-low interest rates are set to return with inflation due to tumble in the near future, according to the International Monetary Fund (IMF). This...

by admin April 11, 2023
Ultra-low interest rates set to return, IMF says
Business

Households cutting back on groceries – but spending more on TV subscriptions, data suggests

UK households cut back on food shopping and eating out in March but splashed out on subscriptions to TV streaming services to catch new...

by admin April 11, 2023
Households cutting back on groceries - but spending more on TV subscriptions, data suggests
Business

CBI boss Tony Danker sacked over ‘conduct at work’ as lobby group liaise with police

The director-general of the Confederation of British Industry Tony Danker has been sacked following an independent investigation into complaints of workplace misconduct against him....

by admin April 11, 2023
CBI boss Tony Danker sacked over 'conduct at work' as lobby group liaise with police
Business

BBC objects to Twitter’s ‘government-funded media’ label

The BBC has objected to being labelled as “government-funded media” on Twitter. The corporation said it had contacted Twitter after the label was added...

by admin April 11, 2023
BBC objects to Twitter's 'government-funded media' label
Business

Atom Bank picks advisers to steer £100m fundraising

Atom Bank, the app-based lender, has picked advisers to secure a further £100m in capital in what is expected to be its final fundraising...

by admin April 9, 2023
Atom Bank picks advisers to steer £100m fundraising
Business

Compass points to US as Paddy Power owner lines up new chairman

The FTSE-100 gambling giant behind Paddy Power is lining up a US-based businessman as its next chairman – a move that will further cement...

by admin April 8, 2023
Compass points to US as Paddy Power owner lines up new chairman
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World News
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