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Business

Business

Inflation takes toll as UK economy contracts in March

The UK economy contracted by 0.1% in March, as surging inflation took a toll on demand to offset the boost that had been expected...

by admin May 11, 2022
Business

Chelsea to unveil £20m-a-year shirt deal with cryptocurrency brand WhaleFin

Chelsea FC is close to unveiling a £20m-a-year sponsorship deal with a fast-growing cryptocurrency group – despite a temporary ban on the club striking...

by admin May 11, 2022
Business

Toyota says operating earnings could fall by a fifth this year

The world’s largest car-maker has warned that its operating earnings could fall by a fifth this year due to “unprecedented increases in materials and...

by admin May 11, 2022
Business

Elon Musk says he would reverse Twitter’s ‘foolish’ ban on Donald Trump

Billionaire Elon Musk, who is set to buy Twitter, has said he would reverse the platform’s “foolish” ban on former US president Donald Trump...

by admin May 10, 2022
Business

Shoppers ‘put brakes’ on spending as cost of living crisis bites

The soaring cost of living has seen consumers “put the brakes” on their shopping habits, new figures show. The latest retail monitoring from BRC-KPMG...

by admin May 10, 2022
Business

McColl’s rescued from administration by Morrisons, saving all 16,000 jobs

Convenience retailer McColl’s has been formally bought out of administration by its existing trading partner Morrisons in a deal that saves all its 16,000...

by admin May 9, 2022
Business

UK announces fresh Russia sanctions targeting £1.7bn worth of trade

Britain has announced fresh sanctions targeting £1.7bn worth of trade with Russia in a bid to “further weaken Putin’s war machine”. They include sharply...

by admin May 8, 2022
Business

Morrisons returns with fresh McColl’s offer as endgame looms

Morrisons has tabled a last-gasp bid to wrest McColl’s Retail Group from the clutches of its Asda-owning rivals just hours before administrators are formally...

by admin May 8, 2022
Business

PM to reveal plans to revive struggling town centres in Queen’s Speech

Plans to revive struggling town centres will form a key part of the Queen’s Speech next week as the prime minister tries to move...

by admin May 8, 2022
Business

West End landlords Capco and Shaftesbury in talks about £3.5bn merger

Two companies behind large swathes of London’s West End are in advanced talks about a £3.5bn merger that would unite world-famous tourist destinations, including...

by admin May 7, 2022
Business

Boehly-led consortium signs purchase agreement to buy Chelsea FC

A consortium led by LA Dodgers part-owner Todd Boehly and backed by Clearlake Capital has signed a purchase agreement to buy Chelsea Football Club....

by admin May 7, 2022
Business

Petrol giant EG Group swoops for stricken McColl’s as administrators called in

The billionaire brothers behind one of Britain’s biggest fuel retailing empires are close to sealing a last-ditch swoop on McColl’s Retail Group that could...

by admin May 6, 2022
Business

‘Destruction of UK pig sector’ looms unless Tesco pulls its weight, chain is warned

Tesco, the UK’s largest supermarket chain, has been warned it must do more to help struggling pork producers or risk “the destruction of the...

by admin May 6, 2022
Business

Thousands of jobs at risk as convenience store giant McColl’s teeters on brink of collapse

McColl’s Retail Group, one of Britain’s biggest convenience store chains, is on the brink of collapse, putting thousands of high street jobs at risk....

by admin May 5, 2022
Business

Bank of England expected to raise interest rate to 13-year high to tackle inflation

The Bank of England is expected to increase its base interest rate to the highest level in 13 years in a bid to tackle...

by admin May 4, 2022
Business

Chelsea FC sale: Clearlake stake in Blues to be reduced in restructured deal

The American private equity firm financing the preferred bid to buy Chelsea Football Club will take a reduced stake in the Blues under a...

by admin May 4, 2022
Business

P&O ferry Pride of Kent detained at Dover after failing inspection for third time

The Pride of Kent, a P&O ferry, has failed its reinspection by authorities. The Maritime and Coastguard Agency (MCA) said: “The Pride of Kent...

by admin May 3, 2022
Business

Oil majors to reap £11.6bn unexpected wartime profits on UK fossil fuels, Greenpeace projects

A spike in oil and gas prices triggered by the Ukraine war could see energy giants enjoying unexpected, additional profits of £11.6bn this year...

by admin May 3, 2022
Business

Germany ‘not against’ ban on Russian oil – as EU considers the move in latest sanctions

Germany would be ready to back a European Union ban on Russian oil imports, two senior ministers have suggested. The comments came as EU...

by admin May 2, 2022
Business

Fancy 20 hours in the air? Non-stop Sydney to London route to be world’s longest flight

Travellers will be able to fly non-stop from Sydney to London after Qantas announced the world’s longest direct commercial flight. The airline said the...

by admin May 2, 2022
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Recent Articles
  • Farmer becomes first person to die during Trump's ICE raidsFarmer becomes first person to die during Trump’s ICE raids
  • Donald Trump threatens to revoke Rosie O'Donnell's US citizenshipDonald Trump threatens to revoke Rosie O’Donnell’s US citizenship
  • 'Shameful' that black boys in London more likely to die than white boys, says Met Police chief‘Shameful’ that black boys in London more likely to die than white boys, says Met Police chief
  • Unite votes to suspend Angela Rayner over Birmingham bin strikeUnite votes to suspend Angela Rayner over Birmingham bin strike
  • Dozens of MPs call for UK government to recognise Palestine as stateDozens of MPs call for UK government to recognise Palestine as state
  • MLB mock draft 3.0: Kiley McDaniel predicts the first two roundsMLB mock draft 3.0: Kiley McDaniel predicts the first two rounds
  • Care whistleblower 'who saw elderly resident being punched' could face removal from BritainCare whistleblower ‘who saw elderly resident being punched’ could face removal from Britain
  • Nearly two-thirds of UK workers turning to drink because of job pressures, survey saysNearly two-thirds of UK workers turning to drink because of job pressures, survey says
  • Police hunt four people who fled from Mercedes after fatal M40 crashPolice hunt four people who fled from Mercedes after fatal M40 crash
  • '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
World News
  • '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
  • Fuel to engines of Air India plane cut off moments before crash, preliminary report findsFuel to engines of Air India plane cut off moments before crash, preliminary report finds
  • 'At least 798 killed' at Gaza aid points - as medical charity warns acute malnutrition at all-time high‘At least 798 killed’ at Gaza aid points – as medical charity warns acute malnutrition at all-time high
  • 'At least 798 killed' at Gaza aid points - as medical charity warns acute malnutrition at all-time highAt least 798 people have been killed at Gaza aid points, the UN says
  • Ten children among at least 15 killed waiting for Gaza health clinic to open, says aid groupTen children among at least 15 killed waiting for Gaza health clinic to open, says aid group
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