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Business

BMW revs up £500m plan to secure Mini production in Britain

BMW, the German car manufacturer, is applying the finishing touches to plans to invest hundreds of millions of pounds into its Oxford plant, securing...

by admin March 8, 2023
BMW revs up £500m plan to secure Mini production in Britain
Business

Wagamama owner to close restaurants as surge in costs drives annual loss

Restaurant Group, owner of brands including Wagamama and Frankie & Benny’s, has revealed plans to close dozens of sites while reporting a slump into...

by admin March 8, 2023
Wagamama owner to close restaurants as surge in costs drives annual loss
Business

Heathrow ‘considering next steps’ as airlines secure victory on passenger charges

Heathrow Airport says it is “considering its next steps” after the industry regulator ruled it must cut per passenger fees it charges airlines from...

by admin March 8, 2023
Heathrow 'considering next steps' as airlines secure victory on passenger charges
Business

RMT union suspends series of Network Rail strikes later this month after new pay offer

The Rail, Maritime and Transport Workers’ union has suspended all industrial action against Network Rail following a new pay offer. Strike action was due...

by admin March 8, 2023
RMT union suspends series of Network Rail strikes later this month after new pay offer
Business

RMT union suspends series of Network Rail strikes later this month after new pay offer

The Rail, Maritime and Transport Workers’ union has suspended all industrial action against Network Rail following a new pay offer. Strike action was due...

by admin March 7, 2023
RMT union suspends series of Network Rail strikes later this month after new pay offer
Business

Emergency coal-fired power stations to help keep lights on as cold snap raises demand

Britain’s power system operator has, for the first time ever, ordered two of five emergency coal-fired generators to produce electricity to help prevent the...

by admin March 7, 2023
Emergency coal-fired power stations to help keep lights on as cold snap raises demand
Business

Manufacturing sector demands ‘reset’ in UK relationship with EU as supply chain crumbles

The head of the manufacturing sector’s lobby group has demanded a “reset” in the UK’s relationship with the European Union, claiming international suppliers have...

by admin March 7, 2023
Manufacturing sector demands 'reset' in UK relationship with EU as supply chain crumbles
Business

Hundreds of community pharmacies ‘could close due to rising costs’

When Amish Patel followed his father into the pharmacy business, he hoped it would be a job for life. But with the cost of...

by admin March 7, 2023
Hundreds of community pharmacies 'could close due to rising costs'
Business

Cost of living: One in seven people skipping meals as prices soar to ‘stupid’ levels

One in seven people (15%) have skipped meals amid the rising cost of living – up from one in eight (12%) three months ago,...

by admin March 7, 2023
Cost of living: One in seven people skipping meals as prices soar to 'stupid' levels
Business

CBI boss Danker ‘steps aside’ amid investigation into workplace conduct

The director general of the Confederation of British Industry (CBI) Tony Danker has stepped aside from the role while the business lobby group investigates...

by admin March 6, 2023
CBI boss Danker 'steps aside' amid investigation into workplace conduct
Business

Hospitality chief urges Shapps to overhaul Ofgem powers amid energy squeeze

Grant Shapps is facing fresh calls to overhaul the energy regulator’s powers amid growing fears for hospitality businesses’ ability to withstand soaring power costs....

by admin March 6, 2023
Hospitality chief urges Shapps to overhaul Ofgem powers amid energy squeeze
Business

Hundreds of thousands of small businesses may fold this year – wiping £12bn from economy, report says

Hundreds of thousands of the UK’s smallest businesses risk going under this year as costs keep rising, a report has revealed. The owners of...

by admin March 6, 2023
Hundreds of thousands of small businesses may fold this year - wiping £12bn from economy, report says
Business

Foxtons swoops for Atkinson McLeod in latest lettings deal

Foxtons Group, the listed estate agency chain, is snapping up a London-based rival as it continues its assault on the capital’s lettings market. Sky...

by admin March 5, 2023
Foxtons swoops for Atkinson McLeod in latest lettings deal
Business

Food delivery firm Gousto plunged into governance storm after slashing valuation

Gousto, the food delivery service backed by Joe Wicks, the celebrity fitness instructor, has become embroiled in a bitter corporate governance row after excluding...

by admin March 5, 2023
Food delivery firm Gousto plunged into governance storm after slashing valuation
Business

Goldman Sachs arm among bidders with appetite for $10bn Subway

An arm of the Wall Street behemoth Goldman Sachs is among the suitors hoping to take a mouthful of Subway, the global sandwich chain...

by admin March 4, 2023
Goldman Sachs arm among bidders with appetite for bn Subway
Business

Big data company WANdisco clicks on US listing amid fears of City exodus

A London-listed company with a valuation of close to £1bn is preparing to list its shares in the US amid an intensifying debate about...

by admin March 4, 2023
Big data company WANdisco clicks on US listing amid fears of City exodus
Business

Energy bill support to be extended as price rise looms

Support for energy bills from the government is expected to continue for three months from April, protecting consumers from an average increase of £500....

by admin March 3, 2023
Energy bill support to be extended as price rise looms
Business

Arm snubs London to float on the New York Stock Exchange despite PM’s efforts but announces new Bristol site

A major Cambridge-based microchip designer has decided not to list on the London Stock Exchange, despite lobbying from three UK prime ministers. Arm, the...

by admin March 3, 2023
Arm snubs London to float on the New York Stock Exchange despite PM's efforts but announces new Bristol site
Business

Government help with energy bills could continue as suppliers asked to prepare to maintain lower costs

Energy suppliers have been asked to prepare for government support to households to be maintained at the current level in April, ahead of a...

by admin March 3, 2023
Government help with energy bills could continue as suppliers asked to prepare to maintain lower costs
Business

‘I’m taking on £15k debt to pay nursery fees’: The cost of childcare crisis keeping mothers out of work

More than three in four mothers (76%) who pay for childcare say it no longer makes financial sense for them to work, a survey...

by admin March 3, 2023
'I'm taking on £15k debt to pay nursery fees': The cost of childcare crisis keeping mothers out of work
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