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Business

Business

Tax List finds Russian-born billionaire has overtaken Bet356 family as UK’s top taxpayer

A Russian-born City billionaire is the UK’s top taxpayer, according to a closely watched list. Alex Gerko, the founder of XTX Markets who has...

by admin January 27, 2023
Tax List finds Russian-born billionaire has overtaken Bet356 family as UK's top taxpayer
Business

Asda faces prospect of strikes over plans that risk thousands of job losses

Asda is facing the prospect of strike action unless it makes significant concessions on its self-styled “efficiency” plans that have placed thousands of jobs...

by admin January 27, 2023
Asda faces prospect of strikes over plans that risk thousands of job losses
Business

Shop occupancy rates improve despite cost of living crisis

The number of shops lying vacant on British high streets fell during the final three months of 2022, despite pressure on both firms and...

by admin January 27, 2023
Shop occupancy rates improve despite cost of living crisis
Business

Delayed and over-budget HS2 may not run to central London for another 15 years – or ever

The government has refused to deny reports that HS2 may not run to Euston until 2038 – if it ever reaches there at all....

by admin January 27, 2023
Delayed and over-budget HS2 may not run to central London for another 15 years - or ever
Business

Royal Mail owner puts cost of strikes at £200m and questions resolve of CWU members

Royal Mail’s parent firm has raised its estimate for the cost of industrial action so far to £200m and claimed that up to 12,500...

by admin January 27, 2023
Royal Mail owner puts cost of strikes at £200m and questions resolve of CWU members
Business

Superdry issues profit warning as shipping woes offset trading momentum

Shares of Superdry fell by more than 17% at the market open after the fashion retailer warned it would do no better than break...

by admin January 27, 2023
Superdry issues profit warning as shipping woes offset trading momentum
Business

Chancellor Jeremy Hunt set to declare that dire predictions about UK’s future are ‘wrong’

The chancellor will dismiss “gloom” about the prospects for the UK economy and say the government will bring about long-term prosperity in a plan...

by admin January 27, 2023
Chancellor Jeremy Hunt set to declare that dire predictions about UK's future are 'wrong'
Business

UK car production slumps to 66-year low but improvement expected ahead

UK car production fell to its lowest level since 1956 last year, according to industry figures showing that the global shortage of parts continued...

by admin January 26, 2023
UK car production slumps to 66-year low but improvement expected ahead
Business

Royal Mail owner puts cost of strikes at £200m and questions resolve of CWU members

Royal Mail’s parent firm has raised its estimate for the cost of industrial action so far to £200m and claimed that up to 12,500...

by admin January 26, 2023
Royal Mail owner puts cost of strikes at £200m and questions resolve of CWU members
Business

TSB plans dividend for owner after IT failure fine damages parent’s quarterly profits

TSB says it is planning to pay its owner an annual dividend for the first time, offsetting the fine of almost £50m it received...

by admin January 26, 2023
TSB plans dividend for owner after IT failure fine damages parent's quarterly profits
Business

London estate agent Dexters swoops on rival Marsh & Parsons in £25m deal

A London-based estate agent chaired by the former Sainsbury’s chief Justin King is on the brink of a deal to buy rival Marsh &...

by admin January 25, 2023
London estate agent Dexters swoops on rival Marsh & Parsons in £25m deal
Business

English cricket chief Tom Harrison to try Six Nations top job

The former boss of English cricket is poised to switch sports by landing the plum job of running the commercial operations of Six Nations...

by admin January 25, 2023
English cricket chief Tom Harrison to try Six Nations top job
Business

Rupert Murdoch abandons bid to reunite News Corp and Fox Corp

A proposed reunion of two parts of Rupert Murdoch’s empire has been abandoned by the media tycoon. The 91-year old and his son Lachlan...

by admin January 25, 2023
Rupert Murdoch abandons bid to reunite News Corp and Fox Corp
Business

Gambling company In Touch Games fined £6.1m for ‘social responsibility and money laundering failings’

Gambling firm In Touch Games has been fined millions by a regulator for “social responsibility and money laundering failings”. The Gambling Commission said the...

by admin January 25, 2023
Gambling company In Touch Games fined £6.1m for 'social responsibility and money laundering failings'
Business

Gambling company In Touch Games fined £6.1m for ‘social responsibility and money laundering failings’

Gambling firm In Touch Games has been fined millions by a regulator for “social responsibility and money laundering failings”. The Gambling Commission said the...

by admin January 25, 2023
Gambling company In Touch Games fined £6.1m for 'social responsibility and money laundering failings'
Business

Teams and Outlook go down for thousands of Microsoft users

Microsoft is investigating an outage that has left thousands of users around the world unable to access the website’s services, including Teams and Outlook....

by admin January 25, 2023
Teams and Outlook go down for thousands of Microsoft users
Business

Amazon strike: First formal walkout on British soil begins today

Darren Westwood knows how to stick up for himself. As a kid, he was bullied in the playground and beaten up in his local...

by admin January 25, 2023
Amazon strike: First formal walkout on British soil begins today
Business

Liverpool and Manchester United fans set aside rivalry to demand action on club ownership

Liverpool and Manchester United supporters will temporarily set aside their historical enmity this week by uniting to demand tougher ownership rules for English football...

by admin January 24, 2023
Liverpool and Manchester United fans set aside rivalry to demand action on club ownership
Business

Topshop pensioners fashion £1bn funding deal with Aviva

Thousands of pensioners left facing an uncertain retirement by the collapse of Sir Philip Green’s high street empire are on the verge of a...

by admin January 24, 2023
Topshop pensioners fashion £1bn funding deal with Aviva
Business

Energy support and debt costs drive record public borrowing in December

Government borrowing hit its highest December figure since records began last month, according to official figures. The Office for National Statistics (ONS) reported a...

by admin January 24, 2023
Energy support and debt costs drive record public borrowing in December
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World News
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