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Business

UK services sector continues its recovery, PMI survey says

The UK’s services sector has reported its second consecutive month of growth, according to a closely-watched survey. The S&P Global/CIPS UK Services PMI scored...

by admin April 5, 2023
UK services sector continues its recovery, PMI survey says
Business

Johnson & Johnson agrees to pay $8.9bn to settle claims that talc caused cancer

Johnson & Johnson (J&J) has agreed to pay almost $9bn (£7.2bn) to settle tens of thousands of lawsuits alleging its talc caused cancer. The new...

by admin April 5, 2023
Johnson & Johnson agrees to pay .9bn to settle claims that talc caused cancer
Business

Co-op reports full-year profit after cost-cutting and sale of petrol forecourt business to Asda

The Co-operative Group has reported a full-year profit, helped by recent cost-cutting and the sale of its petrol forecourt business. The retail-to-funerals business said...

by admin April 5, 2023
Co-op reports full-year profit after cost-cutting and sale of petrol forecourt business to Asda
Business

TikTok fined £12.7m for misusing children’s data

TikTok has been fined £12.7m for breaches of data protection law, including using the personal data of children aged under 13 without parental consent....

by admin April 4, 2023
TikTok fined £12.7m for misusing children's data
Business

London City Airport scraps 100ml liquid rule after introducing CT scanners

Passengers travelling through London City Airport will no longer have to limit their liquids to 100ml in their hand luggage as high-tech CT scanners...

by admin April 4, 2023
London City Airport scraps 100ml liquid rule after introducing CT scanners
Business

Self-driving bus to launch next month over Scotland’s Forth Road bridge

Full-size self-driving buses will hit the road next month in what is believed to be a world first. Stagecoach has announced the ground-breaking service...

by admin April 4, 2023
Self-driving bus to launch next month over Scotland's Forth Road bridge
Business

M&S chairman: Company law needs to catch up with the digital age

The chairman of Marks and Spencer says company law is “stuck in a 40-year-old time warp” and needs to catch up with the digital...

by admin April 4, 2023
M&S chairman: Company law needs to catch up with the digital age
Business

Shopping centre owner Hammerson under siege from biggest shareholder

Hammerson, one of Britain’s biggest shopping centre owners, is facing demands from its biggest shareholder to accelerate asset sales and resume dividend payments ahead...

by admin April 4, 2023
Shopping centre owner Hammerson under siege from biggest shareholder
Business

Oil prices rise after major producers vow to cut production

Oil prices are up more than 6% after Saudi Arabia and other major producers vowed to cut production. Brent crude, the international oil benchmark,...

by admin April 4, 2023
Oil prices rise after major producers vow to cut production
Business

Richard Branson’s satellite launching firm Virgin Orbit files for bankruptcy protection

Virgin Orbit has filed for Chapter 11 bankruptcy protection in the US after failing to secure the funding needed to recover from a January...

by admin April 4, 2023
Richard Branson's satellite launching firm Virgin Orbit files for bankruptcy protection
Business

Nigel Lawson: Tributes paid to ‘giant’ of politics after former chancellor’s death aged 91

Politicians have paid tribute to former Conservative chancellor Nigel Lawson after his death aged 91. Prime Minister Rishi Sunak said the party grandee “was...

by admin April 4, 2023
Nigel Lawson: Tributes paid to 'giant' of politics after former chancellor's death aged 91
Business

OPEC+ oil production cuts are a surprise move – so what are the factors at play?

The surprise production cuts announced by OPEC+ at the weekend appear to have been motivated by a number of factors. The most obvious is...

by admin April 4, 2023
OPEC+ oil production cuts are a surprise move - so what are the factors at play?
Business

Virgin Orbit files for bankruptcy protection in the US

Virgin Orbit has filed for Chapter 11 bankruptcy protection in the US after failing to secure the funding needed to recover from a January...

by admin April 4, 2023
Virgin Orbit files for bankruptcy protection in the US
Business

Oil prices rise after major producers vow to cut production

Oil prices are up more than 5% after Saudi Arabia and other major producers vowed to cut production. Brent crude, the international oil benchmark,...

by admin April 3, 2023
Oil prices rise after major producers vow to cut production
Business

Cineworld ends plan to sell its UK, US and Ireland businesses

Troubled cinema chain Cineworld is terminating plans for the sale of its UK, US and Ireland businesses. The news was announced by the world’s...

by admin April 3, 2023
Cineworld ends plan to sell its UK, US and Ireland businesses
Business

Tesla vehicles sales up 36% in first quarter after price cuts

Tesla saw its sales rise by 36% in the first financial quarter, after two price cuts aimed at boosting demand. The electric car, SUV...

by admin April 3, 2023
Tesla vehicles sales up 36% in first quarter after price cuts
Business

Café Rouge owner Epiris joins race to dine out on Princes Foods

The private equity backer of Café Rouge’s parent company has joined a host of suitors hoping to dine out on Princes Foods, the company...

by admin April 2, 2023
Café Rouge owner Epiris joins race to dine out on Princes Foods
Business

Branson-backed Virgin Voyages sets sail on quest for new funding

Sir Richard Branson’s cruise-line venture is seeking hundreds of millions of dollars in fresh funding even as the Virgin Group founder faces financial turbulence...

by admin April 1, 2023
Branson-backed Virgin Voyages sets sail on quest for new funding
Business

Thousands of small businesses face ‘tough decisions’ after change to energy scheme

Hundreds of thousands of small businesses could face “tough decisions” following changes to the energy support scheme, according to the Federation of Small Businesses....

by admin April 1, 2023
Thousands of small businesses face 'tough decisions' after change to energy scheme
Business

UK economy grew slightly and avoided recession, revised official figures confirm

Revised figures have confirmed that the UK economy avoided recession in the second half of last year, posting 0.1% growth in the fourth quarter....

by admin March 31, 2023
UK economy grew slightly and avoided recession, revised official figures confirm
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