Business

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...

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

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...

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...

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

Thousands of jobs are at risk after Ocado announced plans to close its oldest distribution centre. The online grocer says it will close its...

Renee Elliott, the founder of Planet Organic, is returning to spearhead a rescue deal for the supermarket chain she launched in 1995. Sky News...

The president of the scandal-hit CBI has admitted he does not know if the business lobby group can win back trust while setting out...

Chancellor Jeremy Hunt says there is “no point” in talking to the CBI while the lobby group is dealing with allegations that have brought...

Prezzo will close 46 loss-making restaurants as it struggles with soaring energy and food costs. The move will put around 810 workers at risk...

Ian King speaks to Maurice Button, the chairman of City Week about what business is doing to support decarbonisation and he discusses the digital...

Prime Minister Rishi Sunak has been challenged by the chairman of Burberry over the scrapping of VAT refunds for tourists. Gerry Murphy, who heads...

The average price of a home coming to market this month rose by just 0.2% to £366,247, according to data from Rightmove. This was...

A former chief executive of Asda has sealed a rescue deal for an online butcher which counts Fortnum & Mason and Harrods among its...

The senior independent director of Britain’s biggest tobacco company is to take the same role at THG, the online retailer behind Cult Beauty, as...

More than 20 ministers will attend a summit with corporate chiefs on Monday as Rishi Sunak attempts to mount a fresh private sector charm...

Some of Britain’s biggest companies are this weekend scrambling to fill the void left by the crisis at the CBI as they consider backing...

NatWest, Meta, BT, BMW, ITV and Unilever have joined a growing list of big corporate names in terminating their membership of the CBI or...

If one were to compile a list of some of the most prestigious blue-chip UK employers, it would probably include NatWest, BP, Shell, Aviva,...