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Business

Citymapper in talks about takeover by New York-based transport tech giant Via

Citymapper, the urban transport app which ranks among Britain’s most prominent consumer technology companies, is in talks to be bought by a multibillion dollar...

by admin February 25, 2023
Citymapper in talks about takeover by New York-based transport tech giant Via
Business

Russia’s economy has weathered the West’s sanctions – but how?

In the aftermath of Russia’s invasion of Ukraine, Western leaders heralded a sanctions regime that would cripple the country’s war machine. Joe Biden claimed...

by admin February 24, 2023
Russia's economy has weathered the West's sanctions - but how?
Business

Retailers urge PM to overhaul £2bn waste recycling scheme

The UK’s biggest retailers will next week warn Rishi Sunak that the government’s waste strategy risks forcing prices up for consumers even as continued...

by admin February 23, 2023
Retailers urge PM to overhaul £2bn waste recycling scheme
Business

Salad shortage: The supermarkets with no sales restrictions in place

A number of supermarket chains have indicated they have no plans to introduce restrictions on sales of many salad items as shortages hit shelves...

by admin February 23, 2023
Salad shortage: The supermarkets with no sales restrictions in place
Business

Eat turnips instead of tomatoes, suggests minister, as she admits food shortages could last a month

People should consider eating seasonal products like turnips, the environment secretary has suggested, as she conceded fruit and vegetable shortages will likely continue for...

by admin February 23, 2023
Eat turnips instead of tomatoes, suggests minister, as she admits food shortages could last a month
Business

Ministers spark energy regulator board overhaul amid prepayment meter scandal

The government is preparing to replace a slate of Ofgem’s directors this year as the energy regulator faces intense criticism over its handling of...

by admin February 23, 2023
Ministers spark energy regulator board overhaul amid prepayment meter scandal
Business

The cost of living crisis is triggering a wave of workplace crime – here’s how

Theft by employees has jumped by 19% amid warnings that the rising cost of living is triggering a wave of workplace crime, new data...

by admin February 23, 2023
The cost of living crisis is triggering a wave of workplace crime - here's how
Business

British tomato shortage could last until end of April, warns UK’s largest grower

British tomatoes will likely remain scarce until the end of April or even early May, the UK’s largest grower has warned. It comes after...

by admin February 22, 2023
British tomato shortage could last until end of April, warns UK's largest grower
Business

Royal Mail acknowledges policy breaches in monitoring postal worker speed

The head of Royal Mail has acknowledged policy breaches in monitoring postal workers’ delivery speed. The Royal Mail chief executive, Simon Thompson, reappeared before...

by admin February 22, 2023
Royal Mail acknowledges policy breaches in monitoring postal worker speed
Business

British Steel cuts 7% of workforce despite government funding talks

British Steel has revealed it is to cut 260 jobs, almost 7% of its workforce, despite continuing government funding talks with its Chinese owners....

by admin February 22, 2023
British Steel cuts 7% of workforce despite government funding talks
Business

Lloyds hikes bonus pool by 12% despite flat profits of £6.9bn due to bad loan charge

Lloyds Banking Group has revealed a 12% increase in its bonus pool for 2022 despite pre-tax profits remaining flat on the previous year. The...

by admin February 22, 2023
Lloyds hikes bonus pool by 12% despite flat profits of £6.9bn due to bad loan charge
Business

Government officials fly to China to win support for British Steel bailout

Government officials will this week fly to China in an effort to convince the owner of British Steel to finalise plans for a state...

by admin February 21, 2023
Government officials fly to China to win support for British Steel bailout
Business

Asda limits purchase of some fruits and vegetables due to supply challenges

Asda has imposed a limit on some fruit and vegetables customers can buy due to supply shortages. The British supermarket chain is limiting the...

by admin February 21, 2023
Asda limits purchase of some fruits and vegetables due to supply challenges
Business

Jeremy Hunt to ‘stick to plan’ despite £30bn less borrowing in year to date than predicted

Public borrowing in the financial year to date is £30.6bn less than predicted by the Office for Budget Responsibility (OBR), according to the last...

by admin February 21, 2023
Jeremy Hunt to 'stick to plan' despite £30bn less borrowing in year to date than predicted
Business

‘Major breakthrough’: Most firms say they’ll stick with a four-day working week after successful trial

The world’s biggest trial of a four-day working week has been hailed a success – with most of the companies involved saying they would...

by admin February 21, 2023
'Major breakthrough': Most firms say they'll stick with a four-day working week after successful trial
Business

Mastercard and Visa to be hit with £7.5bn compensation claim

The global payment giants Mastercard and Visa are facing the latest in a string of multibillion-pound competition lawsuits with the launch of a potentially...

by admin February 20, 2023
Mastercard and Visa to be hit with £7.5bn compensation claim
Business

Energy bills set to rise by 20% despite expected fall in price cap

Bills will rise by an estimated £500 a year despite an expected reduction in Ofgem’s household energy cap, analysts expect. The energy regulator will...

by admin February 20, 2023
Energy bills set to rise by 20% despite expected fall in price cap
Business

‘Lacklustre’: Govt plans to tackle sewage spills on beaches criticised for ‘repeating’ past mistakes

The government has been accused of going round in circles in its attempt to stop sewage pouring into England’s rivers and seaside. The environment...

by admin February 20, 2023
'Lacklustre': Govt plans to tackle sewage spills on beaches criticised for 'repeating' past mistakes
Business

Virgin Media O2 dials up £100m bid for altnet rival Trooli

Virgin Media O2 and its shareholders are exploring a takeover bid for Trooli, one of the UK’s army of ‘altnet’ fibre broadband companies. Sky...

by admin February 20, 2023
Virgin Media O2 dials up £100m bid for altnet rival Trooli
Business

Supermarket chain Planet Organic hires advisers to explore sale

Planet Organic, the organic supermarket chain, has drafted in City advisers to explore a possible sale. Sky News has learnt that Planet Organic, which...

by admin February 19, 2023
Supermarket chain Planet Organic hires advisers to explore sale
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