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Business

Deutsche Bank heads new rout for banking stocks on financial markets

Germany’s largest bank has become the focus in a new wave of selling across banking and wider financial stocks, less than a week after...

by admin March 24, 2023
Deutsche Bank heads new rout for banking stocks on financial markets
Business

Millions of mobile phone and internet users could be paying 17.3% more on their bills this time next week

Millions of mobile phone and internet users are facing a price increase of 17.3% on their bills in just a week’s time. Every April,...

by admin March 24, 2023
Millions of mobile phone and internet users could be paying 17.3% more on their bills this time next week
Business

Bank of England raises interest rate by quarter point after surprise leap in inflation

The Bank of England has revealed it no longer believes the UK will face a technical recession this year, as it raised the interest...

by admin March 23, 2023
Bank of England raises interest rate by quarter point after surprise leap in inflation
Business

More than a million universal credit payments cut over the past year because of historical overpaid tax credits

The government is cutting benefit payments to some of Britain’s poorest families or threatening them with debt collectors in a raid that is “plunging...

by admin March 23, 2023
More than a million universal credit payments cut over the past year because of historical overpaid tax credits
Business

Bank of England set to raise interest rate for 11th time in 18 months

The Bank of England is expected to raise the interest rate for the 11th time in less than 18 months after Wednesday’s surprise jump...

by admin March 23, 2023
Bank of England set to raise interest rate for 11th time in 18 months
Business

More Amazon warehouse strikes on the cards after ‘insulting’ pay rise

Striking Amazon workers have vowed to step up industrial action following an “insulting” new pay rise. It comes after Amazon announced on Wednesday that...

by admin March 22, 2023
More Amazon warehouse strikes on the cards after 'insulting' pay rise
Business

RMT suspends plans for rail strikes on 30 March and 1 April

The RMT has suspended plans for rail strikes on 30 March and 1 April, the union has announced. A tweet from the union said:...

by admin March 22, 2023
RMT suspends plans for rail strikes on 30 March and 1 April
Business

US interest rates increased despite worst banking turmoil since 2008

The Federal Reserve – the US central bank, known as the Fed – has increased interest rates for the ninth time in a row....

by admin March 22, 2023
US interest rates increased despite worst banking turmoil since 2008
Business

Inflation takes surprise leap to 10.4% with food and booze costs to blame

The rate of inflation has taken a surprise leap, driven by a rising cost of alcoholic drinks in pubs and food – partly a...

by admin March 22, 2023
Inflation takes surprise leap to 10.4% with food and booze costs to blame
Business

Most drivers fear MOT rules relaxation will risk lives, suggests poll

More than two-thirds of UK drivers fear a proposed easing of MOT rules will put their lives in danger, according to a poll for...

by admin March 22, 2023
Most drivers fear MOT rules relaxation will risk lives, suggests poll
Business

Price of some everyday groceries have ‘more than doubled over the last year’

Mozzarella, cornflakes and brie are some of the food products to have more than doubled in price in the last year, new analysis has...

by admin March 22, 2023
Price of some everyday groceries have 'more than doubled over the last year'
Business

Fever-Tree to raise prices as high glass costs take a slice off profits

Fever-Tree, the upmarket tonic maker, has revealed plans to raise prices as it continues to grapple a surge in costs. The company, which had...

by admin March 22, 2023
Fever-Tree to raise prices as high glass costs take a slice off profits
Business

Tesco Clubcard changes: Supermarket to cut value of rewards scheme

Tesco is cutting the value of its Clubcard rewards scheme, with customers no longer able to get triple their value when they cash them...

by admin March 21, 2023
Tesco Clubcard changes: Supermarket to cut value of rewards scheme
Business

Just Eat to axe around 1,700 delivery worker jobs

Delivery giant Just Eat has announced it is to axe 1,700 jobs as it ceases to employ its delivery riders and drivers. Instead it...

by admin March 21, 2023
Just Eat to axe around 1,700 delivery worker jobs
Business

Manchester United sale: Eight bids could be made as Wednesday deadline looms

As many as eight bids could be made for Manchester United before Wednesday’s deadline for second offers, it is understood. The Glazer family will...

by admin March 21, 2023
Manchester United sale: Eight bids could be made as Wednesday deadline looms
Business

RMT union members at Network Rail vote to accept new pay offer

RMT union members at Network Rail have voted to accept a revised pay offer – ending a long-running dispute over jobs, pay and conditions....

by admin March 20, 2023
RMT union members at Network Rail vote to accept new pay offer
Business

Amazon to cut 9,000 jobs in its cloud services, advertising and Twitch units

Amazon has announced it will cut another 9,000 jobs in the next few weeks. The reductions will be made to the company’s cloud services,...

by admin March 20, 2023
Amazon to cut 9,000 jobs in its cloud services, advertising and Twitch units
Business

UBS takeover of Credit Suisse: Embattled bank’s chairman describes ‘historic, sad and very challenging’ day

UBS will take over Credit Suisse in a deal aimed at stemming what was fast becoming a global crisis of confidence. Credit Suisse, the...

by admin March 20, 2023
UBS takeover of Credit Suisse: Embattled bank's chairman describes 'historic, sad and very challenging' day
Business

Virgin Orbit plans for insolvency amid rescue talks with investors

Virgin Orbit has begun drawing up detailed contingency plans for its insolvency days after halting its operations and furloughing its workforce. Sky News has...

by admin March 19, 2023
Virgin Orbit plans for insolvency amid rescue talks with investors
Business

UBS takeover of Credit Suisse: Embattled bank’s chairman describes ‘historic, sad and very challenging’ day

UBS will take over Credit Suisse in a deal aimed at stemming what was fast becoming a global crisis of confidence. Credit Suisse, the...

by admin March 19, 2023
UBS takeover of Credit Suisse: Embattled bank's chairman describes 'historic, sad and very challenging' day
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Recent Articles
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