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Business

First Republic: JP Morgan to take over assets after lender becomes fourth to fail in two months

US bank First Republic’s assets will be taken over by JP Morgan after it became the third American lender to fail in two months....

by admin May 1, 2023
First Republic: JP Morgan to take over assets after lender becomes fourth to fail in two months
Business

Vue screens former Rank chief Birch for boardroom post

Vue International, the independent cinema giant, will this week name the former boss of Very, the online shopping group, to its board. Sky News...

by admin April 30, 2023
Vue screens former Rank chief Birch for boardroom post
Business

Manchester United sale: Sheikh Jassim’s £5bn bid could make it the most expensive club in the world

Manchester United could become the most expensive sports team in the world, after a Qatari businessman entered a record-breaking offer as the bidding window...

by admin April 29, 2023
Manchester United sale: Sheikh Jassim's £5bn bid could make it the most expensive club in the world
Business

‘Bombed-out valuations’ still a worry for the City despite ‘encouraging’ Deutsche Bank takeover of Numis Securities

For some time now, the City has been doing some soul-searching over its future. There was a lot of speculation around the time of...

by admin April 28, 2023
'Bombed-out valuations' still a worry for the City despite 'encouraging' Deutsche Bank takeover of Numis Securities
Business

Superdry in advanced talks to fashion £15m cash call

The fashion retailer Superdry is in advanced talks about a near-£15m share sale as it races to shore up its balance sheet amid tough...

by admin April 28, 2023
Superdry in advanced talks to fashion £15m cash call
Business

Annual surge in people taking up debt ‘breathing space’ relief

The number of people taking “breathing space” from their debt problems has soared by more than a third year-on-year, official data shows. There were...

by admin April 28, 2023
Annual surge in people taking up debt 'breathing space' relief
Business

Amazon posts strong profits but warnings over slowdown sparks dip in share gains

Amazon has posted stronger than expected profits in the first quarter of the year – but warnings of a slowdown in its cloud services...

by admin April 28, 2023
Amazon posts strong profits but warnings over slowdown sparks dip in share gains
Business

Leading trade bodies in talks to fill void left by CBI implosion

A group of Britain’s most influential trade associations are in talks about forging closer ties as they try to navigate the crisis engulfing the...

by admin April 28, 2023
Leading trade bodies in talks to fill void left by CBI implosion
Business

NatWest beats profit expectations with 50% hike on last year

NatWest has beaten expectations by recording a pre-tax profit of £1.8bn in the first three months of the year. This is well ahead of...

by admin April 28, 2023
NatWest beats profit expectations with 50% hike on last year
Business

Average UK rents hit record with £2,500 in London amid property shortage

Average rents for properties across Britain have hit a new record high, according to data from a property website showing a record £2,500 per...

by admin April 28, 2023
Average UK rents hit record with £2,500 in London amid property shortage
Business

Train strikes: Threat to Eurovision and FA Cup final as new dates are revealed

Two union disputes with train operating companies are to result in fresh strikes – including on the days of the Eurovision Song Contest and...

by admin April 28, 2023
Train strikes: Threat to Eurovision and FA Cup final as new dates are revealed
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
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