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Business

Business

Zahawi prepares multibillion-pound tax cuts for businesses weathering energy crisis

The chancellor is preparing a multibillion-pound package of tax cuts to help businesses struggling with soaring energy costs. Nadhim Zahawi is drawing up emergency...

by admin September 2, 2022
Business

UK forecast to enter recession this year

The UK will enter recession before the end of this year, with growth expected to be weak into 2024. That is the latest forecast...

by admin September 1, 2022
Business

Soaring US dollar pushes pound to biggest monthly fall since 2016

The soaring US dollar has pushed the pound to its biggest monthly fall since October 2016. The pound shed 4.6% in August, having lost...

by admin September 1, 2022
Business

Households set to lose thousands of pounds in disposable income

British households are on course for the deepest living standards squeeze in a century, with real household disposable incomes expected to fall by 10%...

by admin August 31, 2022
Business

BrewDog to close six pubs as boss expresses anger at ‘clueless government’

BrewDog has announced it will close six of its pubs, blaming spiralling costs and a “clueless government”. The craft beer firm will shut the...

by admin August 31, 2022
Business

Co-op sells petrol station business to supermarket giant

The Co-op has sold its petrol station business to supermarket giant Asda for £600m, it announced on Wednesday, saying the deal would free up...

by admin August 31, 2022
Business

TfL secures £1.2bn funding but mayor warns fares still likely to go up

Transport for London has secured around £1.2bn in funding from the government, but the city’s mayor has warned the agreement is “far from ideal”....

by admin August 30, 2022
Business

‘It’s only going to get worse’: Energy prices forcing pubs and brewers to the brink

Energy price increases of more than 300% are in danger of forcing pubs and brewers across the UK out of business in the coming...

by admin August 29, 2022
Business

Asda eyes deeper convenience push with £450m Co-op fuel retail swoop

Asda is preparing to accelerate a long-awaited move into Britain’s convenience store market with a £450m swoop on the Co-op Group’s petrol forecourt business....

by admin August 29, 2022
Business

‘Heartbreaking’ choices that Britons will have to make this winter revealed in new poll

Millions of people in the UK will not turn their heating on this winter because of rising energy bills, a survey suggests. The poll,...

by admin August 28, 2022
Business

Joules’ rescue talks with Next stumble after latest profit alert

The struggling fashion chain Joules’ hopes of securing a lifeline from the high street behemoth Next have hit a stumbling block days after it...

by admin August 28, 2022
Business

Putin enjoying UK’s energy bills crisis and ‘wants us to buckle’, says PM

Boris Johnson has admitted that energy bills will be “eye-watering” this winter – and the cost of heating is already “frightening” for some. Writing...

by admin August 27, 2022
Business

Fund manager Jupiter in talks to sell 10% stake in £2.5bn Starling Bank

Jupiter Fund Management is in talks to sell its entire stake in Starling Bank months after the digital lender’s valuation passed £2.5bn. Sky News...

by admin August 27, 2022
Business

‘Sky-high’: Surge in cost of dropping off passengers at airports will leave drivers ‘stunned’

Drop-off fees have increased at two-thirds of the UK’s major airports since 2019, according to research. An RAC investigation found 16 of the 22...

by admin August 27, 2022
Business

Spiralling energy bill burden will send UK into catastrophic territory

We have never seen anything like this.  The UK has been through all sorts of ups and downs (sadly more of the latter than...

by admin August 26, 2022
Business

Even those who’ve done the right thing won’t escape impact of massive rise in energy bills

With the flick of a switch, fuel poverty has become a mainstream economic condition. Defined as spending 10% or more of disposable income on...

by admin August 26, 2022
Business

Kwarteng to review Czech billionaire’s plan to increase stake in Royal Mail

The business secretary has warned Royal Mail that a Czech billionaire’s bid to raise his stake in the company faces a national security investigation....

by admin August 25, 2022
Business

New PM told to ‘think the unthinkable’ on energy bills – as British Gas announces plan to help

The government must increase its energy bills discount by at least 150% or risk pushing millions of households into financial distress. That is the...

by admin August 24, 2022
Business

Four-day working week trial at Atom bank has been ‘overwhelmingly positive’

App-based lender Atom bank says its four-day working week trial has been a resounding success. The bank, which is based in the northeast of...

by admin August 24, 2022
Business

TUC calls for raise of minimum wage to £15 an hour ‘to put an end to low-pay Britain’

The minimum wage should be raised to £15 an hour, the Trades Union Congress says, as it declares it is “time to put an...

by admin August 23, 2022
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Recent Articles
  • Sadiq Khan calls out Gaza 'genocide', as Starmer 'delays' recognising Palestinian state until end of Trump's state visitSadiq Khan calls out Gaza ‘genocide’, as Starmer ‘delays’ recognising Palestinian state until end of Trump’s state visit
  • Trump-Starmer talks could be landmark moment - and join pantheon of UK-US summitsTrump-Starmer talks could be landmark moment – and join pantheon of UK-US summits
  • Home Office to appeal temporary block on man's deportation under 'one in, one out' planHome Office to appeal temporary block on man’s deportation under ‘one in, one out’ plan
  • 'Kill zone' around crucial Ukrainian city as Russian forces try to squeeze defenders out‘Kill zone’ around crucial Ukrainian city as Russian forces try to squeeze defenders out
  • Trump-Starmer talks could be landmark moment - and join pantheon of UK-US summitsStarmer-Trump talks could be landmark moment – and join pantheon of UK-US summits
  • Mark Zuckerberg unveils 9 Meta Ray-Ban Display glassesMark Zuckerberg unveils $799 Meta Ray-Ban Display glasses
  • Trump hails 'highest honour of my life' at state banquet - as King references trade, Ukraine and environmentTrump hails ‘highest honour of my life’ at state banquet – as King references trade, Ukraine and environment
  • Has the royal Truman Show for Trump been worth the enormous effort and expense?Has the royal Truman Show for Trump been worth the enormous effort and expense?
  • Netskope prices IPO at , valuing company at .3 billionNetskope prices IPO at $19, valuing company at $7.3 billion
  • Jimmy Kimmel's show pulled over comments about Charlie KirkJimmy Kimmel’s show pulled over comments about Charlie Kirk
World News
  • 'Kill zone' around crucial Ukrainian city as Russian forces try to squeeze defenders out‘Kill zone’ around crucial Ukrainian city as Russian forces try to squeeze defenders out
  • 'At least 16' killed in latest Israeli attacks on Gaza - as 10 children arrive in UK for NHS treatment‘At least 16’ killed in latest Israeli attacks on Gaza – as 10 children arrive in UK for NHS treatment
  • Pressure mounts on PM to raise Israel's Gaza offensive with TrumpPressure mounts on PM to raise Israel’s Gaza offensive with Trump
  • Thousands of families remain in Gaza City as Israeli army advancesThousands of families remain in Gaza City as Israeli army advances
  • UN Commission says Israel is committing genocide in GazaUN Commission says Israel is committing genocide in Gaza
  • Zelenskyy demands 'clear position' from Trump on ending warZelenskyy demands ‘clear position’ from Trump on ending war
  • Face-to-face with Zelenskyy, his frustration with the West is clearFace-to-face with Zelenskyy, his frustration with the West is clear
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