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Business

Business

Driven by food costs, shop prices rise at their fastest rate in 10 years

Shop prices rose at their fastest rate in over a decade last month, new figures show. Retail price annual inflation accelerated to 1.8% in...

by admin March 1, 2022
Business

British Gas owner to cancel gas purchases from Russian suppliers

British Gas owner Centrica says it is planning to cancel its contracts with Russian gas suppliers, including Gazprom, as a matter of “urgency”. The...

by admin March 1, 2022
Business

‘Leaky homes surcharge’: Homes that are not energy efficient will cost an extra £390 after price cap rises, study says

Homes that are less energy efficient could cost hundreds of pounds more to heat after the energy price cap rises next month, according to...

by admin March 1, 2022
Business

Shell dumps Russian oil ventures following invasion

Oil titan Shell has announced that it will exit all of its joint ventures with Gazprom, an energy company controlled by the Russian state,...

by admin February 28, 2022
Business

‘No place for dirty money’: PM moves to stop the UK being used to launder ill-gotten wealth

Plans to tackle the flow of “dirty money” and stop the laundering of ill-gotten wealth in the UK property market will be fast-tracked by...

by admin February 27, 2022
Business

BP to offload its 19.75% stake in state-owned Russian oil giant Rosneft

BP is to offload its 19.75% stake in state-owned Russian oil giant Rosneft “with immediate effect” following the invasion of Ukraine. The firm’s chief...

by admin February 27, 2022
Business

Western allies agree to cut select Russian banks from global financial messaging system SWIFT

Western allies have agreed to remove selected Russian banks from the SWIFT global financial messaging system. In a joint statement, leader of the European...

by admin February 26, 2022
Business

Convenience store giant McColl’s scrambles to stave off collapse

McColl’s Retail Group, one of Britain’s biggest convenience store chains, is racing to secure new funding to stave off a collapse that could put...

by admin February 26, 2022
Business

British Airways suffers major outage, leading to flight cancellations – but says it wasn’t a cyber attack

British Airways has suffered a major outage, causing several flights to be cancelled and leaving passengers stuck on planes after landing at Heathrow. The...

by admin February 25, 2022
Business

Oil and gas costs ease and FTSE 100 recovers all Ukraine invasion losses

Asian shares have rallied slightly driven by a US rebound as some analysts said the sanctions imposed by the West against Russia over the...

by admin February 25, 2022
Business

Boris Johnson’s new sanctions against Russia pack a bigger punch – but they still might not be enough

After the damp squib that was the modest package of sanctions unveiled by Boris Johnson on Tuesday, this evening’s latest salvo certainly had a...

by admin February 24, 2022
Business

SWIFT sanctions could hurt Russia – but pain would also be felt by the West

Cutting Russia off from the SWIFT global payments system would be one of the toughest sanctions the West could impose. But it would also...

by admin February 24, 2022
Business

Oil smashes through $100 barrier in safe haven rush as Putin pulls trigger on Ukraine

The full scale invasion of Ukraine by Russia has sparked a rush for safe haven assets and sent the cost of Brent crude oil...

by admin February 24, 2022
Business

‘Please reflect on the situation’: Poorest will suffer most if wages and prices rise to reflect inflation, BoE governor warns

The governor of the Bank of England has warned that large wage rises and price-setting to reflect surging inflation risk embedding rising costs in...

by admin February 23, 2022
Business

Barclays freezes Staley share awards as he fights Epstein probe

Barclays is to freeze millions of pounds in share awards to its former chief executive as he contests the findings of a regulatory probe...

by admin February 22, 2022
Business

Oil marches towards $100 a barrel as markets react to Ukraine developments

Stock markets are plunging and Brent crude oil costs are nearing $100 a barrel as the crisis over Ukraine deteriorates. Brent, the international benchmark,...

by admin February 22, 2022
Business

Women now make up almost 40% of board seats on FTSE 100 firms

Nearly 40% of all board positions at the UK’s top companies are now held by women, up from 12.5% a decade ago, new government...

by admin February 21, 2022
Business

House prices see ‘biggest leap for 20 years’ as buyers return to city living

The average price tag for a home has shot up by almost £8,000 in the space of a month as the easing in the...

by admin February 21, 2022
Business

Spurned Morrisons suitor Fortress plots £5bn takeover of petrol stations giant MFG

An American investment giant is plotting a £5bn takeover of Motor Fuel Group (MFG), Britain’s biggest independent operator of petrol forecourts. Sky News has...

by admin February 19, 2022
Business

‘I went to some very dark places’: Ex-subpostmistress contemplated suicide after being accused of stealing

A former subpostmistress contemplated suicide and suffered post-traumatic stress disorder after being subjected to a “kangaroo court” process for alleged false accounting. Grandmother Jennifer...

by admin February 18, 2022
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Recent Articles
  • Sir Keir Starmer could be ousted as PM within months, two senior Labour MPs tell Sky NewsSir Keir Starmer could be ousted as PM within months, two senior Labour MPs tell Sky News
  • 'This drug is evil': Kush is ruining lives - with ingredients shipped from the UK‘This drug is evil’: Kush is ruining lives – with ingredients shipped from the UK
  • Henderson, No. 8-ranked DE in 2026, picks LSUHenderson, No. 8-ranked DE in 2026, picks LSU
  • Alabama keeps WR in state as Morgan commitsAlabama keeps WR in state as Morgan commits
  • Raleigh, rookie Wilson among All-Star startersRaleigh, rookie Wilson among All-Star starters
  • Braves ace Schwellenbach has fractured elbowBraves ace Schwellenbach has fractured elbow
  • Slumping Mets bump Lindor from leadoff spotSlumping Mets bump Lindor from leadoff spot
  • Sean 'Diddy' Combs denied bail after being convicted over prostitution-related offencesSean ‘Diddy’ Combs denied bail after being convicted over prostitution-related offences
  • Four charged after £7m of damage caused to aircraft at RAF Brize NortonFour charged after £7m of damage caused to aircraft at RAF Brize Norton
  • Datadog stock jumps 10% on tech company’s inclusion in S&P 500 indexDatadog stock jumps 10% on tech company’s inclusion in S&P 500 index
World News
  • 'This drug is evil': Kush is ruining lives - with ingredients shipped from the UK‘This drug is evil’: Kush is ruining lives – with ingredients shipped from the UK
  • Women's Euros: Concerns for player safety as tournament kicks off in SwitzerlandWomen’s Euros: Concerns for player safety as tournament kicks off in Switzerland
  • 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
  • Women's Euros: Concerns for player safety as tournament kicks off in SwitzerlandWomen’s Euros: Extreme heat warnings in place as tournament kicks off
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