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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
Business

Pret a Manger staff get third pay rise in a year

Shop staff at Pret a Manger are to receive their third pay rise in a year. The average pay base will have increased by...

by admin March 2, 2023
Pret a Manger staff get third pay rise in a year
Business

Ted Baker-owner Authentic Brands Group among Hunter Boot suitors

The American company behind brands such as Reebok and Ted Baker is among the suitors weighing bids for Hunter Boot, the royal warrant-holding footwear...

by admin March 2, 2023
Ted Baker-owner Authentic Brands Group among Hunter Boot suitors
Business

WH Smith targeted by cyber attack with hackers accessing data on current and former employees

WH Smith has said it has been the target of a cyber attack that has seen hackers access company data. The high street retailer...

by admin March 2, 2023
WH Smith targeted by cyber attack with hackers accessing data on current and former employees
Business

Andrew Bailey says ‘nothing is decided’ suggesting interest rates may rise less than thought

Interest rates may rise less than previously thought with the governor of the Bank of England signalling there is no urgent need for hikes....

by admin March 1, 2023
Andrew Bailey says 'nothing is decided' suggesting interest rates may rise less than thought
Business

House prices fall for sixth month in row – but first-time buyers facing major problems, figures show

House prices have fallen for the sixth month in a row and dropped 1.1% in the year up to last month, according to one...

by admin March 1, 2023
House prices fall for sixth month in row -  but first-time buyers facing major problems, figures show
Business

Pub trade warns of 2,000 closures without budget aid

A further 2,000 pubs are at risk of closure, threatening 25,000 jobs, unless the chancellor comes to the sector’s aid in this month’s budget,...

by admin March 1, 2023
Pub trade warns of 2,000 closures without budget aid
Business

Energy bills may rise again without government plan to deliver 2035 clean power target, NAO warns

Household bills could rise if the government further delays its plan to rid the power network of polluting fossil fuels by 2035, the National...

by admin March 1, 2023
Energy bills may rise again without government plan to deliver 2035 clean power target, NAO warns
Business

Windsor Framework’s value to economy unlikely to be notable but may lift Brexit malaise

How much of a difference might the Windsor Framework make to the UK economy? The answer, as with so many other economic questions, rather...

by admin February 28, 2023
Windsor Framework's value to economy unlikely to be notable but may lift Brexit malaise
Business

Sainsbury’s to close two Argos depots in move that leaves 1,400 jobs at risk

Supermarket giant Sainsbury’s has said it plans to close two Argos depots in a move that will impact 1,400 jobs. It is expected to...

by admin February 28, 2023
Sainsbury's to close two Argos depots in move that leaves 1,400 jobs at risk
Business

Britcoin: Future of a digital pound ‘more likely than not’, Bank of England official says

New technologies could help to open up a “new frontier” for payments and the way in which money is used, a Bank of England...

by admin February 28, 2023
Britcoin: Future of a digital pound 'more likely than not', Bank of England official says
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Recent Articles
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  • Israel allowed to take part in Eurovision 2026 - as several countries withdrawIsrael allowed to take part in Eurovision 2026 – as several countries withdraw
  • Next week, one of the world's toughest social media bans will come into forceNext week, one of the world’s toughest social media bans will come into force
  • Which global leader has visited Oval Office most? The answer might surprise you Which global leader has visited Oval Office most? The answer might surprise you
  • Is Trump's latest peace deal a total sham?Is Trump’s latest peace deal a total sham?
  • Ed Bambas: 88-year-old veteran who worked full-time at supermarket given £1.2m to help him retire Ed Bambas: 88-year-old veteran who worked full-time at supermarket given £1.2m to help him retire
  • Child poverty strategy unveiled - but not everyone's happyChild poverty strategy unveiled – but not everyone’s happy
  • Sources: Penn St. turns focus to ISU's CampbellSources: Penn St. turns focus to ISU’s Campbell
  • Oil prices are down, but petrol prices are clearly not: What's going on  - and will it get better?Oil prices are down, but petrol prices are clearly not: What’s going on – and will it get better?
World News
  • Major city may have to evacuate as water supplies run lowMajor city may have to evacuate as water supplies run low
  • Narendra Modi and Vladimir Putin embrace before talking trade at India-Russia summitNarendra Modi and Vladimir Putin embrace before talking trade at India-Russia summit
  • Israel allowed to take part in Eurovision 2026 - as several countries withdrawIsrael allowed to take part in Eurovision 2026 – as several countries withdraw
  • Next week, one of the world's toughest social media bans will come into forceNext week, one of the world’s toughest social media bans will come into force
  • Fresh sanctions on Russia seem futile - Putin is more belligerent than everFresh sanctions on Russia seem futile – Putin is more belligerent than ever
  • Gaza longs for normality, but quasi-anarchy reigns and Hamas is once again exerting controlGaza longs for normality, but quasi-anarchy reigns and Hamas is once again exerting control
  • Fresh sanctions on Russia seem futile - Putin is more belligerent than everImpotent sanctions on Russia are no match for solid financial support to Ukraine
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