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Business

Business

Sainsbury’s sees fall in pre-tax profit as it reveals how much spent to ‘keep prices low’ during cost of living crisis

Sainsbury’s has reported a fall in its pre-tax profit, as it reveals it has spent more than £560m on “keeping our prices low over...

by admin April 27, 2023
Sainsbury's sees fall in pre-tax profit as it reveals how much spent to 'keep prices low' during cost of living crisis
Business

New gambling reforms revealed – what could proposed changes mean?

The government has announced a raft of gambling reforms, including a new statutory levy on big firms, in a bid to crack down on...

by admin April 27, 2023
New gambling reforms revealed - what could proposed changes mean?
Business

How problem gambler was able to dodge checks to spend thousands

Self-exclusion systems designed to protect problem gamblers are failing because customers are still able to open accounts after registering, according to campaigners. They warn...

by admin April 27, 2023
How problem gambler was able to dodge checks to spend thousands
Business

US recession fears grow as economy slows sharply in first quarter

The world’s largest economy slowed sharply in the first quarter of the year, according to the first official estimate which has raised fears of...

by admin April 27, 2023
US recession fears grow as economy slows sharply in first quarter
Business

Vodafone closes in on appointment of new chief executive

Vodafone is closing in on the appointment of a new boss after its interim chief executive won support from key institutional investors for her...

by admin April 27, 2023
Vodafone closes in on appointment of new chief executive
Business

Sainsbury’s sees fall in pre-tax profit as it reveals cost of ‘keeping prices low’ during cost-of-living crisis

Sainsbury’s has reported a fall in its pre-tax profit, as it reveals it has spent more than £560m on “keeping our prices low over...

by admin April 27, 2023
Sainsbury's sees fall in pre-tax profit as it reveals how much spent to 'keep prices low' during cost of living crisis
Business

New CBI boss ‘really confident’ business lobby group can survive scandal

The new boss of business lobby group the CBI says she is confident it will win back the trust of ministers and members within...

by admin April 27, 2023
New CBI boss 'really confident' business lobby group can survive scandal
Business

Microsoft blocked in bid to buy video game maker Activision Blizzard – but vows to respond

The British competition watchdog has blocked Microsoft’s bid to buy video game maker Activision Blizzard. The Competition and Markets Authority (CMA) stopped the $68.7bn...

by admin April 26, 2023
Microsoft blocked in bid to buy video game maker Activision Blizzard - but vows to respond
Business

Tougher gambling laws needed as addict safeguards are failing, campaigners warn

Self-exclusion systems designed to protect problem gamblers are failing because customers are still able to open accounts after registering, according to campaigners. They warn...

by admin April 26, 2023
How problem gambler was able to dodge checks to spend thousands
Business

UK watchdog’s block on Microsoft-Activision deal had an eye on the future

It is rare for a decision by the UK’s competition regulator to make waves globally. The Competition & Markets Authority (CMA) has traditionally not...

by admin April 26, 2023
UK watchdog's block on Microsoft-Activision deal had an eye on the future
Business

Competition watchdog blocks Microsoft bid to buy video game maker Activision Blizzard

The British competition watchdog has blocked Microsoft’s bid to buy video game maker Activision Blizzard. The Competition and Markets Authority (CMA) stopped the $68.7bn...

by admin April 26, 2023
Microsoft blocked in bid to buy video game maker Activision Blizzard - but vows to respond
Business

US credit card giant Capital One swoops on concierge service Velocity Black

Capital One, the American credit card giant, is poised to swoop on a British luxury concierge service in a deal said to be worth...

by admin April 26, 2023
US credit card giant Capital One swoops on concierge service Velocity Black
Business

New CBI boss ‘profoundly sorry’ to women let down by business group

The new boss of the CBI says she is “profoundly sorry” to women who have been let down by the business lobby group. Rain...

by admin April 26, 2023
New CBI boss 'profoundly sorry' to women let down by business group
Business

It’s true to say the UK has become worse off. But some have felt the brunt more than others

When Huw Pill said, in a recent Columbia University podcast, that British people need “to accept that they’re worse off” the comments understandably hit...

by admin April 26, 2023
It's true to say the UK has become worse off. But some have felt the brunt more than others
Business

CBI suffers fresh blow as City’s governing body turns its back

The City of London’s governing body has delivered a fresh hit to the CBI, saying it had joined the ranks of those suspending their...

by admin April 25, 2023
CBI suffers fresh blow as City's governing body turns its back
Business

Bank of England rate-setter urges people to accept they are poorer in fight against inflation

The Bank of England’s chief economist has urged people to accept they are poorer, warning that inflation risks remaining stubbornly high. Huw Pill told...

by admin April 25, 2023
It's true to say the UK has become worse off. But some have felt the brunt more than others
Business

Ted Baker chief heads for exit in wake of Authentic Brands takeover

The chief executive of Ted Baker is close to leaving the company six months after it was taken over by a giant American brands...

by admin April 25, 2023
Ted Baker chief heads for exit in wake of Authentic Brands takeover
Business

Sense of crisis regrips First Republic Bank as it admits $100bn deposit flight

Shares in First Republic Bank have tumbled to a new record low after the troubled US regional lender admitted last month’s banking crisis sparked...

by admin April 25, 2023
Sense of crisis regrips First Republic Bank as it admits 0bn deposit flight
Business

Chancellor blames ‘eye-watering sums’ spent on pandemic and energy bills support for hike in public sector borrowing

The chancellor has blamed the “eye-watering sums” spent on helping people through the coronavirus pandemic and energy crisis for an increase in public sector...

by admin April 25, 2023
Chancellor blames 'eye-watering sums' spent on pandemic and energy bills support for hike in public sector borrowing
Business

Grocery inflation rate eases but may not have peaked yet, industry data suggests

It is too early to say whether a slight easing in grocery inflation means the cost of food shopping has reached its peak, according...

by admin April 25, 2023
Grocery inflation rate eases but may not have peaked yet, industry data suggests
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