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Business

Business

Triton swoops on utility services group O’Connor in £400m deal

A family-run industrial group is to change hands for £400m, giving a much-needed boost to a deals market slowing down amid growing economic anxiety....

by admin July 3, 2022
Business

Government considering 50-year mortgages that could pass down generations

Homeowners could soon be taking out 50-year mortgages to then be passed on to their children when they die, under new plans being considered...

by admin July 2, 2022
Business

Bailey opposes Treasury plot to overrule financial regulators

The governor of the Bank of England is opposing plans drawn up by the Treasury that would allow ministers to overrule financial watchdogs on...

by admin July 2, 2022
Business

Former Man City executive Tom Glick to take top Chelsea job

Tom Glick, a former executive at Manchester City FC’s parent company, is to take over the day-to-day running of Chelsea Football Club in the...

by admin July 1, 2022
Business

Klarna investors asked to commit to funding as value slips to $10bn

Klarna, the buy-now-pay-later credit provider, is trying to finalise a fresh capital injection likely to value it at less than $10bn – just 20%...

by admin July 1, 2022
Business

Aston Martin keeping options open as Saudis weigh possible £200m investment

Aston Martin has said it is considering multiple funding options following reports that Saudi Arabia’s sovereign wealth fund was lining up a possible investment...

by admin June 30, 2022
Business

Crunch talks between RMT and Network Rail begin as union threatens further strikes

Talks between Network Rail and the RMT have resumed with the union warning it will announce more strike dates if the rail bosses press...

by admin June 30, 2022
Business

Thames Water plots £1.5bn cash call to turn reputational tide

Thames Water is to tap shareholders for £1.5bn of new equity in an effort to accelerate its transformation plan, months after it was hit...

by admin June 29, 2022
Business

Two-year extension of steel tariffs despite plea for imports from manufacturers

A two-year extension of tariffs on some foreign steel has been revealed by the government in a bid to protect domestic producers, despite pleas...

by admin June 29, 2022
Business

Cost of living crisis: Working but ‘getting deeper and deeper into debt’

Kerry says she has £20,000 of debts and counting. She is one of an increasing number of people for whom the cost of living...

by admin June 28, 2022
Business

WorldRemit becomes latest fintech to slash jobs as outlook darkens

The international money-transfer service WorldRemit has become the latest fintech unicorn to take an axe to its workforce, as tumbling valuations force founders onto...

by admin June 28, 2022
Business

Four Seasons Health Care plots sale after parent’s three-year insolvency

Four Seasons Health Care, one of Britain’s biggest care home operators, is putting the bulk of its operations up for sale three years after...

by admin June 27, 2022
Business

Petrol retailers accused of ‘rocket and feather’ pricing as unleaded hits new record

Petrol retailers have been accused of forcing “rocket and feather” pricing after unleaded hit a new, and unexpected, record average high over the weekend....

by admin June 27, 2022
Business

HSBC executive Haire in surprise move to run the Skipton

One of HSBC’s top UK executives is quitting in a surprise move to run the Skipton Building Society, one of Britain’s biggest financial mutuals....

by admin June 26, 2022
Business

Hearn duo eye £150m windfall from sale of Matchroom Sport stake

The father-and-son duo who have built Matchroom Sport into a global sports promotion empire are plotting a deal that will cement their status among...

by admin June 25, 2022
Business

It once cost £1 to get into Glastonbury – but now fans are feeling the effects of spending squeeze

A cheap festival should not be an oxymoron but many people at Glastonbury this year are in a very different place financially to where...

by admin June 24, 2022
Business

KPMG chief takes swipe at rival EY’s $80bn break-up plan

The global chairman of KPMG has taken a swipe at the $80bn break-up being hatched by rival EY, implying that such a radical restructuring...

by admin June 24, 2022
Business

London Underground workers vote to strike again in coming months

London Underground workers have voted to strike again, as they near the end of this week’s action which has seen tube services disrupted across...

by admin June 24, 2022
Business

Cath Kidston up for sale two years after collapse cost 900 jobs

Cath Kidston, the modern vintage brand, has been put up for sale just two years after collapsing into administration with the loss of nearly...

by admin June 24, 2022
Business

Adam Boulton on lessons to be learned from strikes past, present and what they mean for the future

The British public is well-used to confrontations between workers in the public sector and the government of the day. Over the decades there have...

by admin June 23, 2022
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Recent Articles
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World News
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  • Gaza ceasefire proposal a significant moment - but there are still many unanswered questionsGaza ceasefire proposal a significant moment – but there are still many unanswered questions
  • Women's Euros 2025: Where is it, how to watch and when are England and Wales playing?Women’s Euros 2025: Where is it, how to watch and when are England and Wales playing?
  • Snake captured on passenger plane - as expert reveals how it got thereSnake captured on passenger plane – as expert reveals how it got there
  • Trump says Israel has agreed on terms for 60-day ceasefire in Gaza, and has warning for HamasTrump says Israel has agreed on terms for 60-day ceasefire in Gaza, and has warning for Hamas
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