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Business

Shell’s North Sea Jackdaw gas field gets final regulatory approval

Shell’s North Sea Jackdaw gas field has received final regulatory approval. It comes as the government tries to boost domestic energy output in an...

by admin June 1, 2022
Business

Mike Ashley’s shopping empire buys Missguided in last-minute deal

Frasers Group, the shopping empire founded by Mike Ashley that owns House of Fraser and Sports Direct, has swooped in to save Missguided from...

by admin June 1, 2022
Business

Shop prices growing at fastest rate in more than a decade

Shop prices grew at the fastest rate in more than a decade during May, spurred on by rapidly-accelerating food inflation. The figures come from...

by admin May 31, 2022
Business

Petrol price hits new record after EU ban on Russian oil

Average petrol prices have reached a new record high of 173.02p a litre, figures show, after an EU ban on Russian oil imports. Fuel...

by admin May 31, 2022
Business

Chelsea FC confirms sale to group led by Todd Boehly and Clearlake Capital

Roman Abramovich has completed the sale of Chelsea Football Club to a group led by American businessman Todd Boehly and investment firm Clearlake Capital....

by admin May 30, 2022
Business

Oil prices surge as EU meets to discuss Russian energy ban

Oil prices hit their highest level in more than two months on Monday morning as EU officials gathered in Brussels to debate the best...

by admin May 30, 2022
Business

Foxtons gazumps London rival Chestertons with raid on CEO Gittins

Foxtons has raided rival London estate agent Chestertons to poach its chief executive as it faces pressure from activist shareholders to sell the company....

by admin May 29, 2022
Business

Beckham-backer ABG in talks to seal £300m Ted Baker takeover

The consumer goods giant which owns a controlling stake in David Beckham’s portfolio of branded products is racing to finalise a £300m takeover of...

by admin May 28, 2022
Business

Shell says windfall tax ‘creates uncertainty’ about North Sea oil and gas investment

Shell has said the chancellor’s windfall tax “creates uncertainty” about investing in oil and gas in the North Sea. The tax was announced by...

by admin May 27, 2022
Business

Chancellor’s cost of living package ‘lowers risk of recession’

The chancellor’s cost of living package lowers the risk of a recession, leading economists have said. In its latest forecast, the Bank of England...

by admin May 27, 2022
Business

Windfall tax on oil and gas firms: Rees-Mogg warns Sunak that no tax is ‘economically cost-free’

One of the government’s most loyal ministers has warned that a windfall tax on oil and gas companies will not be “economically cost-free”. The...

by admin May 27, 2022
Business

Sunak unveils £21bn package and U-turns on windfall tax to help Britons ‘hit hard’ by cost of living surge

Eight million of the poorest UK households will receive a one off “cost of living payment” of £650 – and there will be an...

by admin May 26, 2022
Business

Chancellor set to back down over windfall tax and announce discount on energy bills

Chancellor Rishi Sunak is expected to bow to pressure to impose a windfall tax on energy companies when he sets out the government’s latest...

by admin May 25, 2022
Business

More than 90,000 VW drivers in England and Wales will get payouts over ‘dieselgate’

Volkswagen (VW) has reached a £193m settlement with UK drivers involved in a class action lawsuit over the so-called dieselgate scandal in 2015. The...

by admin May 25, 2022
Business

Chelsea FC takeover approved with proceeds going to humanitarian causes in Ukraine

The sale of Chelsea FC has been given approval by the UK government following the proposed takeover by the Todd Boehly / Clearlake Consortium....

by admin May 25, 2022
Business

Energy price cap expected to rise by £830 to £2,800 in October, says Ofgem chief

The UK’s energy price cap is expected to rise in October to around £2,800, Ofgem’s chief executive says. The cap which applies until 31...

by admin May 24, 2022
Business

BA-owner faces pay revolt over ‘excessive’ share award plan

British Airways’ (BA) parent company is facing a shareholder pay revolt amid criticism of proposals for an “excessive” hike in executives’ share awards despite...

by admin May 24, 2022
Business

As the cost of living soars, here are seven apps which may help you save money

The cost of living crisis is causing “anxiety and uncertainty” for millions – but apps to help “feel a bit more in control” amid...

by admin May 23, 2022
Business

Bank of England chief hits back at criticism it has ‘stoked’ cost of living crisis

The governor of the Bank of England has hit back at criticism that its decisions have contributed to the highest inflation in 40 years....

by admin May 23, 2022
Business

Windfall tax cannot be ruled out amid ‘extraordinary’ cost of living pressure says Treasury minister

Energy companies have been told by the government that “all options are on the table” if they do not reinvest their bumper profits –...

by admin May 23, 2022
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Recent Articles
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World News
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  • At least 30 dead, 100 injured, in clashes between armed groups in southern city of Sweida, say Syrian officialsAt least 30 dead, 100 injured, in clashes between armed groups in southern city of Sweida, say Syrian officials
  • IDF blames 'technical error' after Gaza officials say children collecting water killed in strikeIDF blames ‘technical error’ after Gaza officials say children collecting water killed in strike
  • Meredith Kercher's killer faces new trial over sexual assault allegationsMeredith Kercher’s killer faces new trial over sexual assault allegations
  • 'At least 59 killed' after Israeli military opens fire near Gaza aid centre and carries out strikes‘At least 59 killed’ after Israeli military opens fire near Gaza aid centre and carries out strikes
  • Backlash as Air India crash report points to possible human error - here's what experts thinkBacklash as Air India crash report points to possible human error – here’s what experts think
  • Donald Trump announces 30% tariff on imports from EUDonald Trump announces 30% tariff on imports from EU
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