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Business

Virgin Orbit shares set to crash after failure of first UK space launch

Shares in Virgin Orbit, the company behind the failed first UK space launch, are on course to fall by more than a fifth at...

by admin January 10, 2023
Virgin Orbit shares set to crash after failure of first UK space launch
Business

Amazon UK warehouse shake-up places 1,200 jobs at risk

Amazon has revealed plans to shut three UK warehouses, a decision that will affect 1,200 jobs, but open two new major fulfilment centres. Sites...

by admin January 10, 2023
Amazon UK warehouse shake-up places 1,200 jobs at risk
Business

Consumer spending figures add to evidence the UK is in recession

Consumer spending failed to keep pace with inflation in December, figures suggest, likely bolstering the view among economists that the UK is in recession....

by admin January 10, 2023
Consumer spending figures add to evidence the UK is in recession
Business

More than 1.4 million households face higher fixed rate mortgage bills this year

More than 1.4 million fixed rate mortgage customers are facing the prospect of significant hikes to their monthly payments when their deals end this...

by admin January 9, 2023
More than 1.4 million households face higher fixed rate mortgage bills this year
Business

New energy support measures for businesses announced as old scheme to expire

Businesses are set to secure £5.5bn more in government support to help them with their energy bills from the start of April, when the...

by admin January 9, 2023
New energy support measures for businesses announced as old scheme to expire
Business

Energy bill support for businesses to be cut back from April through discount

All businesses are set to secure further taxpayer support for their energy bills when the current scheme ends in March but at a reduced...

by admin January 9, 2023
Energy bill support for businesses to be cut back from April through discount
Business

Lidl claims cost of living boost as Christmas sales rise by a quarter

Lidl says a rise of almost 25% in UK sales during the key festive season reflected a surge in new shoppers switching from rivals...

by admin January 9, 2023
Lidl claims cost of living boost as Christmas sales rise by a quarter
Business

‘Bubbling of excitement’ as Cornwall prepares for UK’s first orbital rocket launch

There’s a “bubbling of excitement” in the team preparing for the UK’s first orbital rocket launch but they are “laser sharp” as final checks...

by admin January 9, 2023
'Bubbling of excitement' as Cornwall prepares for UK's first orbital rocket launch
Business

Westminster Accounts: The biggest donors to MPs since the last election

Trade unions, Qatar and a little-known Hertfordshire business are among the biggest donors to individual MPs since the last general election. As part of...

by admin January 9, 2023
Westminster Accounts: The biggest donors to MPs since the last election
Business

Westminster Accounts: Middlemen, brokers, and clients – who really pays MPs for their other jobs?

Thirty-eight MPs have taken on second jobs where the ultimate party paying them is unclear, according to Sky News’ analysis of the MPs’ Register...

by admin January 9, 2023
Westminster Accounts: Middlemen, brokers, and clients – who really pays MPs for their other jobs?
Business

‘Pubs superwoman’ Jones in talks to join Whitbread board

A leisure entrepreneur whose dealmaking prowess earned her the nickname ‘the pub superwoman’ is in talks to join the board of Whitbread, the FTSE-100...

by admin January 8, 2023
'Pubs superwoman' Jones in talks to join Whitbread board
Business

Train strikes: Why the numbers don’t add up to a rail deal

Rail minister Huw Merriman will meet union leaders including Mick Lynch of the RMT on Monday after three weeks of unseasonal disruption left the...

by admin January 6, 2023
Train strikes: Why the numbers don't add up to a rail deal
Business

House prices fall for fourth month in row

House prices have dropped for the fourth month in a row as cost of living pressures and higher borrowing costs dampen demand. The average...

by admin January 6, 2023
House prices fall for fourth month in row
Business

Shell to be hit by £1.7bn in UK and EU windfall taxes

Windfall tax payments are to hit Shell by around $2bn (£1.7bn), the oil and gas company has estimated. The cost of the UK’s energy...

by admin January 6, 2023
Shell to  be hit by £1.7bn in UK and EU windfall taxes
Business

A glitch and new red tape leave UK exporters facing EU border disruption

Hauliers exporting goods to the European Union have faced fresh disruption since the turn of the year as a glitch in the UK’s digital...

by admin January 5, 2023
A glitch and new red tape leave UK exporters facing EU border disruption
Business

New strike laws to ‘ensure basic level of service’ in public sector confirmed by government

The government is bringing forward new strike laws to “maintain a basic function and deliver minimum safety levels” in the public sector during industrial...

by admin January 5, 2023
New strike laws to 'ensure basic level of service' in public sector confirmed by government
Business

Christmas shoppers shrugged off rail strikes but business hurt by Royal Mail disruption, reports show

UK high streets do not appear to have suffered a major hit from rail strikes in the run-up to Christmas but business has been...

by admin January 5, 2023
Consumer spending figures add to evidence the UK is in recession
Business

Next Christmas sales figures far exceed expectations

Next performed better than expected over the Christmas period and has increased its profit outlook as a result, painting a positive picture for retail...

by admin January 5, 2023
Next Christmas sales figures far exceed expectations
Business

Amazon cutting 18,000 jobs – the biggest round of layoffs in its history

Amazon has announced that it is cutting 18,000 jobs – the biggest round of layoffs in the company’s history. In a note to employees,...

by admin January 5, 2023
Amazon cutting 18,000 jobs - the biggest round of layoffs in its history
Business

Energy support for business to be cut but no decision yet on how much

Government support for business energy bills will be cut in April as the chancellor moves to reduce taxpayer exposure to the soaring cost of...

by admin January 4, 2023
Energy bill support for businesses to be cut back from April through discount
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Recent Articles
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World News
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  • Bricks and bottles thrown at officers - and police helicopter targeted with lasers - as protests turn violent in DublinBricks and bottles thrown at officers – and police helicopter targeted with lasers – as protests turn violent in Dublin
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