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Business

Business

Oil prices rise after major producers vow to cut production

Oil prices are up more than 6% after Saudi Arabia and other major producers vowed to cut production. Brent crude, the international oil benchmark,...

by admin April 4, 2023
Oil prices rise after major producers vow to cut production
Business

Nigel Lawson: Tributes paid to ‘giant’ of politics after former chancellor’s death aged 91

Politicians have paid tribute to former Conservative chancellor Nigel Lawson after his death aged 91. Prime Minister Rishi Sunak said the party grandee “was...

by admin April 4, 2023
Nigel Lawson: Tributes paid to 'giant' of politics after former chancellor's death aged 91
Business

OPEC+ oil production cuts are a surprise move – so what are the factors at play?

The surprise production cuts announced by OPEC+ at the weekend appear to have been motivated by a number of factors. The most obvious is...

by admin April 4, 2023
OPEC+ oil production cuts are a surprise move - so what are the factors at play?
Business

Virgin Orbit files for bankruptcy protection in the US

Virgin Orbit has filed for Chapter 11 bankruptcy protection in the US after failing to secure the funding needed to recover from a January...

by admin April 4, 2023
Virgin Orbit files for bankruptcy protection in the US
Business

Oil prices rise after major producers vow to cut production

Oil prices are up more than 5% after Saudi Arabia and other major producers vowed to cut production. Brent crude, the international oil benchmark,...

by admin April 3, 2023
Oil prices rise after major producers vow to cut production
Business

Cineworld ends plan to sell its UK, US and Ireland businesses

Troubled cinema chain Cineworld is terminating plans for the sale of its UK, US and Ireland businesses. The news was announced by the world’s...

by admin April 3, 2023
Cineworld ends plan to sell its UK, US and Ireland businesses
Business

Tesla vehicles sales up 36% in first quarter after price cuts

Tesla saw its sales rise by 36% in the first financial quarter, after two price cuts aimed at boosting demand. The electric car, SUV...

by admin April 3, 2023
Tesla vehicles sales up 36% in first quarter after price cuts
Business

Café Rouge owner Epiris joins race to dine out on Princes Foods

The private equity backer of Café Rouge’s parent company has joined a host of suitors hoping to dine out on Princes Foods, the company...

by admin April 2, 2023
Café Rouge owner Epiris joins race to dine out on Princes Foods
Business

Branson-backed Virgin Voyages sets sail on quest for new funding

Sir Richard Branson’s cruise-line venture is seeking hundreds of millions of dollars in fresh funding even as the Virgin Group founder faces financial turbulence...

by admin April 1, 2023
Branson-backed Virgin Voyages sets sail on quest for new funding
Business

Thousands of small businesses face ‘tough decisions’ after change to energy scheme

Hundreds of thousands of small businesses could face “tough decisions” following changes to the energy support scheme, according to the Federation of Small Businesses....

by admin April 1, 2023
Thousands of small businesses face 'tough decisions' after change to energy scheme
Business

UK economy grew slightly and avoided recession, revised official figures confirm

Revised figures have confirmed that the UK economy avoided recession in the second half of last year, posting 0.1% growth in the fourth quarter....

by admin March 31, 2023
UK economy grew slightly and avoided recession, revised official figures confirm
Business

CPTPP: UK accepted into Indo-Pacific trade bloc in biggest trade deal since Brexit

The UK has been accepted into an Indo-Pacific trade bloc in what the government says is its biggest trade deal since Brexit. The Comprehensive...

by admin March 31, 2023
CPTPP: UK accepted into Indo-Pacific trade bloc in biggest trade deal since Brexit
Business

Redbus Ventures eyes swoop on struggling Planet Organic chain

An investment vehicle set up by one of the founders of Lovefilm is plotting a rescue bid for Planet Organic, the struggling grocer. Sky...

by admin March 31, 2023
Redbus Ventures eyes swoop on struggling Planet Organic chain
Business

UK house prices suffer biggest annual decline since 2009

House prices fell by 3.1% year-on-year in March, marking the biggest annual decline since July 2009, Nationwide Building Society said. The figures also showed...

by admin March 31, 2023
UK house prices suffer biggest annual decline since 2009
Business

UK economy grew slightly and avoided recession, revised official figures show

Revised figures have confirmed that the UK economy avoided recession in the second half of last year, posting 0.1% growth in the fourth quarter....

by admin March 31, 2023
Virgin Orbit files for bankruptcy protection in the US
Business

Plans to accelerate rise in state pension age frozen

The government has frozen plans to accelerate the rise in the state pension age. Work and Pensions Secretary Mel Stride confirmed the move following...

by admin March 30, 2023
Plans to accelerate rise in state pension age frozen
Business

UK private sector shrinks for the eighth consecutive quarter

The UK’s private sector has shrunk for the eighth consecutive quarter. That is according to data from the Confederation for British Industry, which said...

by admin March 30, 2023
UK private sector shrinks for the eighth consecutive quarter
Business

Ofgem U-turn after threatening newspaper over prepaid meters exposé

Ofgem has said it is no longer seeking details from The Times newspaper about its undercover investigation that exposed prepayment meters were being forcibly...

by admin March 30, 2023
Ofgem U-turn after threatening newspaper over prepaid meters exposé
Business

M&C Saatchi looks to Future as Byng-Thorne arrives as chair

M&C Saatchi, the London-listed advertising agency group, has lured one of Britain’s top media executives as its next chair. Sky News has learnt that...

by admin March 30, 2023
M&C Saatchi looks to Future as Byng-Thorne arrives as chair
Business

UK government need more than just patriotism to keep up with US and EU in global net-zero race

Faced with a generational triple challenge of delivering a carbon-neutral economy, energy security, and the multi-trillion-pound investments required to make it happen, the government...

by admin March 30, 2023
UK government need more than just patriotism to keep up with US and EU in global net-zero race
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Recent Articles
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World News
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  • French PM Sebastien Lecornu shelves Emmanuel Macron's pension reform in bid for political survivalFrench PM Sebastien Lecornu shelves Emmanuel Macron’s pension reform in bid for political survival
  • Armed forces taking control of Madagascar, military colonel saysArmed forces taking control of Madagascar, military colonel says
  • Bodies of four hostages returned to Israel - and why finding others will be 'massive challenge'Bodies of four hostages returned to Israel – and why finding others will be ‘massive challenge’
  • Trump achieves something remarkable, but will his 'goldfish' attention span stay the course?Trump achieves something remarkable, but will his ‘goldfish’ attention span stay the course?
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