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Business

Sam Bankman-Fried: Founder of bankrupt crypto firm FTX breaks his silence, with thousands locked out of savings

A crypto entrepreneur says his net worth has fallen from $26.5bn to $100,000 after his company imploded. Sam Bankman-Fried admitted it has been a...

by admin December 1, 2022
Sam Bankman-Fried: Founder of bankrupt crypto firm FTX breaks his silence, with thousands locked out of savings
Business

HSBC to shut dozens more stores – full list of bank branches closing

HSBC has announced plans to shut a further 114 UK branches – over a quarter of its surviving sites. The UK-based but mainly Asia-focused...

by admin November 30, 2022
HSBC to shut dozens more stores - full list of bank branches closing
Business

Joules administrator on brink of rescue deal with Phase Eight-owner Foschini

The administrator to Joules, the collapsed fashion retailer, is on the brink of a rescue deal with the South African owner of Phase Eight....

by admin November 30, 2022
Joules administrator on brink of rescue deal with Phase Eight-owner Foschini
Business

Energy support scheme cash potentially at risk as more suppliers could go bust, warns Centrica CEO Chris O’Shea

More energy suppliers could go bust this winter potentially taking government payments intended for customers with them, the chief executive of British Gas owner...

by admin November 29, 2022
Energy support scheme cash potentially at risk as more suppliers could go bust, warns Centrica CEO Chris O'Shea
Business

Why taxpayers will share the pain of cost of building Sizewell C nuclear power plant

It was as long ago as 1982, back in the pre-privatisation days of the Central Electricity Generating Board, that the idea of building a...

by admin November 29, 2022
Why taxpayers will share the pain of cost of building Sizewell C nuclear power plant
Business

Bank of England governor Andrew Bailey lays bare the behind-the-scenes dysfunction of Liz Truss government

The degree of behind-the-scenes dysfunction in government ahead of September’s mini-budget has come into clearer focus as the Bank of England governor described a...

by admin November 29, 2022
Bank of England governor Andrew Bailey lays bare the behind-the-scenes dysfunction of Liz Truss government
Business

Mortgage approvals dive in the wake of Truss mini-budget chaos

The number of mortgages approved by lenders plunged to their lowest monthly level in more than two years during October, according to data from...

by admin November 29, 2022
Mortgage approvals dive in the wake of Truss mini-budget chaos
Business

EasyJet eyes stronger bookings ahead as disruption hammers profits

EasyJet says it is expecting to build on a strong summer, despite pressures on consumer budgets, after COVID and post-pandemic disruption pushed it to...

by admin November 29, 2022
EasyJet eyes stronger bookings ahead as disruption hammers profits
Business

National Grid will not trigger power blackout prevention scheme tomorrow evening

The National Grid will not implement its blackout prevention scheme tomorrrow evening after French energy suppliers said they were struggling to cope with demand....

by admin November 28, 2022
National Grid will not trigger power blackout prevention scheme tomorrow evening
Business

China COVID crisis prompts sharp falls in oil and stock markets

Stock markets in Asia have seen sharp falls while a recent easing in oil prices gained new momentum on Monday in reaction to growing...

by admin November 28, 2022
China COVID crisis prompts sharp falls in oil and stock markets
Business

Glazers ‘taken the money out’ of Manchester United, says club’s former director

The owners of Manchester United have “taken the money” out of the club rather than investing in Old Trafford, a former director has told...

by admin November 28, 2022
Glazers 'taken the money out' of Manchester United, says club's former director
Business

English cricket bowled over with £400m private equity bid for The Hundred

The England and Wales Cricket Board (ECB) has received a £400m private equity approach that would see it relinquish majority ownership of The Hundred...

by admin November 26, 2022
English cricket bowled over with £400m private equity bid for The Hundred
Business

Councils paying millions more for temporary accommodation in social housing shortage

An extra £118m, at least, will be spent this year on temporary accommodation, such as hotels and B&Bs, by councils, a Sky News investigation...

by admin November 25, 2022
Councils paying millions more for temporary accommodation in social housing shortage
Business

New rules for energy companies following billions spent on collapse of suppliers

The gas and electricity watchdog has announced a series of new rules for energy companies, including requiring firms to hold more capital, similar to...

by admin November 25, 2022
New rules for energy companies following billions spent on collapse of suppliers
Business

Primark to open four new stores and create 850 jobs

Primark has announced a £140m investment leading to the opening of four new shops and the creation of at least 850 jobs. Parent company...

by admin November 25, 2022
Primark to open four new stores and create 850 jobs
Business

Adidas launches investigation into claims Kanye West showed porn and explicit images of Kim Kardashian to staff

Adidas is launching an investigation into allegations of misconduct against Kanye West, including claims he showed pornography and explicit images of Kim Kardashian to...

by admin November 25, 2022
Adidas launches investigation into claims Kanye West showed porn and explicit images of Kim Kardashian to staff
Business

UK car production returns to growth – but still below pre-COVID levels

UK car production has returned to growth, although it is still well below pre-pandemic levels, the Society of Motor Manufacturers and Traders says. Some...

by admin November 25, 2022
UK car production returns to growth - but still below pre-COVID levels
Business

Pound reaches high not seen since mid-August

A pound could buy $1.21 on Thursday morning, the highest amount since mid-August, making imports cheaper for UK companies and consumers. The 20 cents...

by admin November 24, 2022
Pound reaches high not seen since mid-August
Business

Energy price cap rises to £4,279 – but Britons won’t have to pay that much

The amount energy companies can charge for electricity and gas will rise from January but households will be protected from the increase. Ofgem, the...

by admin November 24, 2022
Energy price cap rises to £4,279 - but Britons won't have to pay that much
Business

Black Friday threat as Royal Mail staff begin ‘disastrous’ 48-hour strike

Royal Mail workers are beginning a 48-hour strike that the retail sector warns could cripple the Black Friday discount shopping season. The strike action...

by admin November 24, 2022
Black Friday threat as Royal Mail staff begin 'disastrous' 48-hour strike
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Recent Articles
  • The PM faced down his party on welfare and lost. I suspect things may only get worseThe PM faced down his party on welfare and lost. I suspect things may only get worse
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  • Starmer survives rebellion as watered-down welfare cuts pass key voteStarmer survives rebellion as watered-down welfare cuts pass key vote
  • How did your MP vote on Labour's welfare bill?How did your MP vote on Labour’s welfare bill?
  • Sean 'Diddy' Combs holds head in his hands as jury reaches a partial verdictSean ‘Diddy’ Combs holds head in his hands as jury reaches a partial verdict
  • Chief rabbi condemns BBC's 'mishandled response' to anti-IDF chanting at Glastonbury - as Bob Vylan issue new statementChief rabbi condemns BBC’s ‘mishandled response’ to anti-IDF chanting at Glastonbury – as Bob Vylan issue new statement
  • Government accused of 'stark' contradiction over position on Gaza genocide allegationsGovernment accused of ‘stark’ contradiction over position on Gaza genocide allegations
  • Labour welfare cuts 'Dickensian' and 'from another era', says rebel MP ahead of voteLabour welfare cuts ‘Dickensian’ and ‘from another era’, says rebel MP ahead of vote
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World News
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  • Thai PM Paetongtarn Shinawatra suspended amid outrage over leaked phone callThai PM Paetongtarn Shinawatra suspended amid outrage over leaked phone call
  • Benjamin Netanyahu to meet Donald Trump next week amid calls for Gaza ceasefire, officials sayBenjamin Netanyahu to meet Donald Trump next week amid calls for Gaza ceasefire, officials say
  • Brutal murder on 'date' exposes robbery gang suspected of targeting dozens of women in South AfricaBrutal murder on ‘date’ exposes robbery gang suspected of targeting dozens of women in South Africa
  • European heatwave leaves Spain, Portugal, Italy and Greece in sweltering 40C heatEuropean heatwave leaves Spain, Portugal, Italy and Greece in sweltering 40C heat
  • British-Israeli soldier killed while fighting in Gaza, reports sayBritish-Israeli soldier killed while fighting in Gaza, reports say
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