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Business

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
Christmas shoppers shrugged off rail strikes but business hurt by Royal Mail disruption, reports show
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 support for business to be cut but no decision yet on how much
Business

Energy bills set to dip below energy price guarantee level from July, forecaster predicts

A fall in wholesale energy costs means average annual bills could soon come in below the level of the government’s energy support programme, according...

by admin January 4, 2023
Energy bills set to dip below energy price guarantee level from July, forecaster predicts
Business

Mortgage approvals at lowest level since early months of pandemic as credit card debt soars

Mortgage approvals were at the lowest since the early months of the pandemic and credit card debt was up more than £1bn in November,...

by admin January 4, 2023
Mortgage approvals at lowest level since early months of pandemic as credit card debt soars
Business

Rishi Sunak makes five promises on economy, health and immigration in keynote speech

Rishi Sunak has pledged to boost the economy, cut hospital waiting lists and stop migrant crossings in the Channel in his first speech of...

by admin January 4, 2023
Rishi Sunak makes five promises on economy, health and immigration in keynote speech
Business

Amazon UK workers set to strike for first time in pay dispute

Amazon is set to endure a strike by workers in the UK for the first time. Members of the GMB union at the US...

by admin January 4, 2023
Amazon UK workers set to strike for first time in pay dispute
Business

Food inflation ‘hit record high’ ahead of Christmas led by fresh produce as spend £1bn higher than 2021

Food inflation hit a record annual rate in December as cash-strapped households prepared for Christmas, according to a retail sector report. The latest British...

by admin January 4, 2023
Food inflation 'hit record high' ahead of Christmas led by fresh produce as spend £1bn higher than 2021
Business

Disgraced FTX founder Sam Bankman-Fried pleads not guilty to fraud

Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to stealing billions of dollars of customer money in his first court appearance since he...

by admin January 3, 2023
Disgraced FTX founder Sam Bankman-Fried pleads not guilty to fraud
Business

UK airlines more likely to have delays than their rivals in Europe and around the world

UK airlines are more likely to have delays compared to their rivals in Europe and around the world, figures for the past year show....

by admin January 3, 2023
UK airlines more likely to have delays than their rivals in Europe and around the world
Business

Troubled Cineworld denies talks with Odeon owner and says it will focus on group sale

Crisis-hit Cineworld has denied claims by the owner of rival Odeon that they have held talks over the sale of cinemas, saying it intends...

by admin January 3, 2023
Troubled Cineworld denies talks with Odeon owner and says it will focus on group sale
Business

Record output for Tesla but deliveries still below estimates

Tesla has continued to increase electric car production but supply chain problems have meant it is delivering fewer cars than it produces – while...

by admin January 3, 2023
Record output for Tesla but deliveries still below estimates
Business

Nearly 50 shops shut down a day in 2022 – up nearly 50% on 2021

Close to 50 shops shut down every day in 2022, more than at any other point for at least five years. In a bruising year...

by admin January 2, 2023
Nearly 50 shops shut down a day in 2022 - up nearly 50% on 2021
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