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Business

Business

Homeowners have been hit with £7,000-a-year ‘Tory mortgage penalty’, Labour claims

Homeowners are being hit with a “Tory mortgage penalty” of £7,000, Labour has claimed, with interest rates triple what they were two years ago....

by admin June 11, 2023
Homeowners have been hit with £7,000-a-year 'Tory mortgage penalty', Labour claims
Business

Ashley seizes on Odey crisis to snap up £75m AO stake

The crisis-hit hedge fund Odey Asset Management has offloaded its stake in AO, the London-listed electrical goods retailer, suggesting that it may be unable...

by admin June 10, 2023
Ashley seizes on Odey crisis to snap up £75m AO stake
Business

The Great Cornish Bake Off? Greggs faces battle with local pasty makers as it eyes Cornwall expansion

Greggs says it wants to open new stores in Cornwall and the South West of England – in a move that could put the...

by admin June 10, 2023
The Great Cornish Bake Off? Greggs faces battle with local pasty makers as it eyes Cornwall expansion
Business

Windfall tax to be scrapped if prices drop

The government will end the windfall tax on bumper oil and gas profits in 2028, if prices drop. The move is in response to...

by admin June 9, 2023
Windfall tax to be scrapped if prices drop
Business

Tesco reported to regulator amid allegations its Clubcard offers lack transparency

A consumer group has reported Tesco to the competition regulator as officials continue their inquiry into whether the grocery sector is ripping off shoppers.

by admin June 9, 2023
Business

Telegraph owner tables last-ditch bid to keep control of newspapers

The former owners of The Daily Telegraph have tabled a proposal to restructure its debt to Britain’s biggest high street lender in a last-ditch...

by admin June 8, 2023
Telegraph owner tables last-ditch bid to keep control of newspapers
Business

Eurozone officially entered recession after Eurostat revises figures

The 20 countries using the euro were officially in recession over the winter, latest statistics show. Revised data from the European statistics office, Eurostat,...

by admin June 8, 2023
Eurozone officially entered recession after Eurostat revises figures
Business

More people are going for fewer jobs as redundancies rise, survey suggests

The UK jobs market had more candidates going for fewer jobs last month with wages increasing more slowly than before, according to a closely...

by admin June 8, 2023
More people are going for fewer jobs as redundancies rise, survey suggests
Business

First-time crypto investors to be offered ‘cooling-off’ period under new rules

First-time investors in crypto assets will be offered a 24-hour cooling-off period as part of a wider crackdown on advertising in the industry by...

by admin June 8, 2023
First-time crypto investors to be offered 'cooling-off' period under new rules
Business

Wall Street giants vie to sell Telegraph and Spectator titles

A group of banks including the Wall Street behemoths Goldman Sachs and JP Morgan are vying for the prized mandate to sell The Daily...

by admin June 7, 2023
Wall Street giants vie to sell Telegraph and Spectator titles
Business

Heathrow strikes on almost every weekend over summer

Security staff at Heathrow Airport have announced an escalation of strike action, with walkouts to take place nearly every weekend from mid-June to the...

by admin June 7, 2023
Heathrow strikes on almost every weekend over summer
Business

Diageo chief executive Sir Ivan Menezes dies just weeks before retirement

The long-time boss of FTSE 100 firm Diageo has died just weeks before he was due to retire. Sir Ivan Menezes had been in...

by admin June 7, 2023
Diageo chief executive Sir Ivan Menezes dies just weeks before retirement
Business

Daily Telegraph inches closer to sale after bank seizes control of parent firm

The Daily Telegraph newspaper has inched closer to a sale after Lloyds Banking Group seized control of its parent firm over unpaid loans and...

by admin June 7, 2023
Daily Telegraph inches closer to sale after bank seizes control of parent firm
Business

UK to have one of the highest inflation rates in the G20 this year, new forecast shows

Britain will have one of the highest inflation rates in the G20 this year but should narrowly avoid recession, the Organisation for Economic Co-operation...

by admin June 7, 2023
UK to have one of the highest inflation rates in the G20 this year, new forecast shows
Business

Lloyds to launch £600m Telegraph auction after seizing control

Britain’s biggest high street lender is lining up bankers to launch a £600m auction of the Telegraph newspapers and The Spectator magazine within days...

by admin June 7, 2023
Wall Street giants vie to sell Telegraph and Spectator titles
Business

‘Misleading’ Shell adverts about low-carbon products banned

Three adverts for Shell that publicise its climate-friendly products have been banned for glossing over its “large scale” investments in oil and gas. The...

by admin June 7, 2023
'Misleading' Shell adverts about low-carbon products banned
Business

CBI secures hope as members approve conduct scandal reform package

The scandal-hit CBI has secured support in its battle for survival by winning a crunch membership vote on plans aimed at restoring trust in...

by admin June 6, 2023
Daily Telegraph inches closer to sale after bank seizes control of parent firm
Business

SSE ordered by Ofgem to pay £9.8m fine for charges to power down Scottish hydropower site

Energy producer SSE has been hit by a nearly £10m fine for charging the national grid – and bill payers as a result –...

by admin June 6, 2023
SSE ordered by Ofgem to pay £9.8m fine for charges to power down Scottish hydropower site
Business

About ducking time: Apple to tweak iPhone autocorrect function that changes common expletive

Apple has announced it will upgrade its autocorrect feature so it no longer changes one of the most common expletives to the word “ducking”....

by admin June 6, 2023
About ducking time: Apple to tweak iPhone autocorrect function that changes common expletive
Business

Boots finance chief quits a year after US parent’s sale plan collapsed

The finance boss of Boots, Britain’s biggest high street pharmacy chain, has quit a year after its US parent abandoned plans to sell the...

by admin June 6, 2023
Boots finance chief quits a year after US parent's sale plan collapsed
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Recent Articles
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  • Netflix disappoints investors after bid for Warner Bros simplifiedNetflix disappoints investors after bid for Warner Bros simplified
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  • California billionaire tax faces potential 'uphill battle,' new poll findsCalifornia billionaire tax faces potential ‘uphill battle,’ new poll finds
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World News
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  • Australia fast-tracks tougher gun and hate laws after Bondi Beach shootingAustralia fast-tracks tougher gun and hate laws after Bondi Beach shooting
  • Anthony Joshua's driver appears in court over fatal crash in NigeriaAnthony Joshua’s driver appears in court over fatal crash in Nigeria
  • Trump's extraordinary letter to Norway about Greenland - in full and fact-checkedTrump’s extraordinary letter to Norway about Greenland – in full and fact-checked
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