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Business

Business

Markets still uncertain after SVB and Credit Suisse shocks

A tumultuous week in the markets ended on an uncertain note – suggesting fears remain after large losses from the collapse of Silicon Valley...

by admin March 17, 2023
Markets still uncertain after SVB and Credit Suisse shocks
Business

Royal Mail referred to regulator over ‘systemic letter delivery failures’

Royal Mail has been referred to the industry regulator by a committee of MPs which has accused the company of failing in its duty...

by admin March 17, 2023
Royal Mail referred to regulator over 'systemic letter delivery failures'
Business

Natural History Museum named UK’s most visited indoor attraction for second year running

The Natural History Museum was the most visited indoor attraction in the UK for a second consecutive year, new figures show. The London museum...

by admin March 17, 2023
Natural History Museum named UK's most visited indoor attraction for second year running
Business

Manchester United takeover: Sheikh Jassim expected to make a second bid for club within 10 days

Sheikh Jassim bin Hamad al Thani will make a second bid for Manchester United within 10 days after his representatives visited the Premier League...

by admin March 17, 2023
Manchester United takeover: Sheikh Jassim expected to make a second bid for club within 10 days
Business

Group of major US banks ride to $30bn rescue of troubled First Republic

A group of 11 major banks have clubbed together to provide $30bn (£24.7bn) of cash in an attempt to end a crisis of confidence...

by admin March 16, 2023
Group of major US banks ride to bn rescue of troubled First Republic
Business

TikTok banned from UK government phones

TikTok will be banned from UK government phones amid security concerns around the Chinese-owned video app, Cabinet Office minister Oliver Dowden has announced. In...

by admin March 16, 2023
TikTok banned from UK government phones
Business

European Central Bank sticks to its guns on interest rates despite market turmoil

The European Central Bank (ECB) has maintained its fight against inflation and imposed a large set of interest rate hikes despite market turmoil. Bank...

by admin March 16, 2023
European Central Bank sticks to its guns on interest rates despite market turmoil
Business

John Lewis results: £234m loss means no staff bonus and looming job losses

Job losses are on the horizon at the John Lewis Partnership, which includes Waitrose and John Lewis shops, as the company posted an annual...

by admin March 16, 2023
John Lewis results: £234m loss means no staff bonus and looming job losses
Business

TikTok expected to be banned from UK government phones

China will see move as another swipe as relations deteriorate China’s response to the spate of countries banning TikTok on government devices has been...

by admin March 16, 2023
TikTok banned from UK government phones
Business

Jeremy Hunt defends speed of his childcare budget giveaway as ‘biggest transformation in my lifetime’

Chancellor Jeremy Hunt has defended the speed of the rollout for his budget offer of free childcare for working parents, describing it as the...

by admin March 16, 2023
Jeremy Hunt defends speed of his childcare budget giveaway as 'biggest transformation in my lifetime'
Business

Budget 2023: Money will have to be found from somewhere for public sector pay, says IFS

The government will have to find money to increase public sector pay or face consequences in its services, the Institute for Fiscal Studies (IFS)...

by admin March 16, 2023
Budget 2023: Money will have to be found from somewhere for public sector pay, says IFS
Business

Budget 2023 calculator: See if you are better or worse off after Chancellor Jeremy Hunt’s statement

Are you richer or poorer? Use our budget calculator to see how you have been affected by Chancellor Jeremy Hunt’s tax and spending announcements....

by admin March 16, 2023
Budget 2023 calculator: See if you are better or worse off after Chancellor Jeremy Hunt's statement
Business

Credit Suisse secures £44.5bn lifeline amid fears of global financial crisis

Credit Suisse has said it will borrow up to 50bn Swiss francs (£44.5bn) from the Swiss central bank to shore up its liquidity. The...

by admin March 16, 2023
Credit Suisse secures £44.5bn lifeline amid fears of global financial crisis
Business

Beer drinkers toast to budget, but wine and whisky producers feel sour over alcohol duty increase

The price of a bottle of wine could rise by 44p this summer after Jeremy Hunt limited a freeze on alcohol tax to pints....

by admin March 16, 2023
Beer drinkers toast to budget, but wine and whisky producers feel sour over alcohol duty increase
Business

Coal power stations unlikely to provide emergency energy top-up next winter

Companies running the UK’s three remaining coal-fired power stations have told Sky News that they will not be able to commit to new emergency...

by admin March 16, 2023
Coal power stations unlikely to provide emergency energy top-up next winter
Business

FTSE 100 takes £75bn hit as Europe becomes new focus of Silicon Valley Bank fallout

The FTSE 100 and other major European stock markets have taken a beating as concern over the health of US banks crosses the Atlantic....

by admin March 15, 2023
FTSE 100 takes £75bn hit as Europe becomes new focus of Silicon Valley Bank fallout
Business

Budget 2023 calculator: See if you are better or worse off after Chancellor Jeremy Hunt’s statement

Are you richer or poorer? Use our budget calculator to see how you have been affected by Chancellor Jeremy Hunt’s tax and spending announcements....

by admin March 15, 2023
Budget 2023 calculator: See if you are better or worse off after Chancellor Jeremy Hunt's statement
Business

Budget 2023: UK economy will avoid recession in 2023 and inflation set to plummet, says chancellor

Jeremy Hunt said the British economy is “proving the doubters wrong” and will avoid recession, as he delivered his first full budget speech to...

by admin March 15, 2023
Budget 2023: UK economy will avoid recession in 2023 and inflation set to plummet, says chancellor
Business

Budget 2023: The key points of Chancellor Jeremy Hunt’s speech

The chancellor has announced the budget for 2023. The UK will now not enter a technical recession this year, the independent forecasters, the Office...

by admin March 15, 2023
Budget 2023: The key points of Chancellor Jeremy Hunt's speech
Business

Health of European banks in focus as stocks plunge again over Credit Suisse and rate rise worries

Banking stocks are enduring fresh, steep losses on Wednesday as concern over the health of US banks crosses the Atlantic. Credit Suisse shares plunged...

by admin March 15, 2023
FTSE 100 takes £75bn hit as Europe becomes new focus of Silicon Valley Bank fallout
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Recent Articles
  • Council facing urgent questions over deaths of two more teensCouncil facing urgent questions over deaths of two more teens
  • CNBC Daily Open: The flow of money in AI appears one-way at this pointCNBC Daily Open: The flow of money in AI appears one-way at this point
  • Scotland secure men's World Cup spot for first time since 1998 after beating DenmarkScotland secure men’s World Cup spot for first time since 1998 after beating Denmark
  • Meta's big antitrust win, Salesforce's deal closure, and iPhone's popularity in ChinaMeta’s big antitrust win, Salesforce’s deal closure, and iPhone’s popularity in China
  • 'Not now': Badenoch backs triple lock pension for the moment‘Not now’: Badenoch backs triple lock pension for the moment
  • No 'free tickets' on council tax under ReformNo ‘free tickets’ on council tax under Reform
  • UK government funding for Scotland's fishing industry is an 'insult', says SNP minister Mairi GougeonUK government funding for Scotland’s fishing industry is an ‘insult’, says SNP minister Mairi Gougeon
  • MI5 is also trying to send a signal to China with spying warning to parliamentariansMI5 is also trying to send a signal to China with spying warning to parliamentarians
  • AI bubble fears take hold of stock markets and bitcoinAI bubble fears take hold of stock markets and bitcoin
  • Meta wins FTC antitrust trial that focused on WhatsApp, InstagramMeta wins FTC antitrust trial that focused on WhatsApp, Instagram
World News
  • MI5 is also trying to send a signal to China with spying warning to parliamentariansMI5 is also trying to send a signal to China with spying warning to parliamentarians
  • Sudan 'epicentre of suffering in the world', says UN humanitarian chiefSudan ‘epicentre of suffering in the world’, says UN humanitarian chief
  • UN Security Council backs Trump peace plan for GazaUN Security Council backs Trump peace plan for Gaza
  • Former Bangladesh PM Sheikh Hasina sentenced to death after lethal crackdown on uprisingFormer Bangladesh PM Sheikh Hasina sentenced to death after lethal crackdown on uprising
  • Former Bangladesh PM Sheikh Hasina sentenced to death after lethal crackdown on uprisingFormer Bangladesh PM Sheikh Hasina sentenced to death for crimes against humanity
  • Inside Jordan warehouse where Gaza aid held 'after being refused entry by Israel'Inside Jordan warehouse where Gaza aid held ‘after being refused entry by Israel’
  • Three men and two women in their 20s have died in car crash in Co Louth, Irish police sayThree men and two women in their 20s have died in car crash in Co Louth, Irish police say
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