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Business

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
Business

UK economy edges closer to stagnation with factory slump

UK private sector growth has moved closer to stagnation as it slowed to a new 18-month low, dragged down by a slump in factory...

by admin August 23, 2022
Business

Elon Musk subpoenas former Twitter chief executive

Elon Musk has subpoenaed his friend and former Twitter chief executive Jack Dorsey as he tries to back out of his $44bn (£37bn) deal...

by admin August 22, 2022
Business

UK inflation to go as high as 18%, banking giant forecasts

UK inflation is set to top 18% in January – the highest point in more than 40 years and nine times the Bank of...

by admin August 22, 2022
Business

Sony PlayStation being sued for £5bn

Sony PlayStation is being sued for £5 billion by nine million claimants amid accusations it “ripped people off” with overpriced games and in-game purchases....

by admin August 22, 2022
Business

‘No winners’: Almost 2,000 workers at UK’s largest port to begin eight-day strike over pay

Almost 2,000 workers have walked out of their jobs at the UK’s largest container port on the first day of an eight-day workers strike,...

by admin August 20, 2022
Business

Small businesses on the brink face ‘impossible choices’ as energy prices soar

Spiralling energy costs are driving cafes, restaurants and independent shops all around the country to the edge of survival, according to an industry body....

by admin August 20, 2022
Business

Matalan founder Hargreaves faces fresh tussle with lenders over chain’s future

The founder of Matalan is preparing for a fresh tussle with the retailer’s lenders over its ownership ahead of a deadline for refinancing £350m...

by admin August 20, 2022
Business

Rail strikes continue today – with only 20% of train services expected to run

Only around one in five trains across the UK will operate today, as tens of thousands of workers go on strike again in the...

by admin August 20, 2022
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