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Business

Business

Ex-Aviva and British Gas exec Hodges to spearhead Marwyn vehicle

A former top executive at Aviva and British Gas will this week be appointed to spearhead the latest takeover quest of Marwyn, one of...

by admin June 19, 2022
Business

PwC UK partners to toast six-figure windfall from $2.2bn mobility sale

Hundreds of UK-based executives at PricewaterhouseCoopers (PwC) are to receive one-off six-figure windfalls from the sale of the global accountancy giant’s mobility services arm....

by admin June 18, 2022
Business

Britons cannot expect pay rises to keep up with cost of living, Treasury warns

Britons cannot expect pay rises to keep up with the soaring cost of living, the government has warned. Treasury Chief Secretary Simon Clarke has...

by admin June 18, 2022
Business

Russia could take 10 years to recover from sanctions, says boss of country’s largest bank

Russia’s economy may take a decade to recover from the crushing sanctions placed on the country following its invasion of Ukraine in February 2022,...

by admin June 17, 2022
Business

Bank of England rate-setter sees ‘flexible’ approach on interest rates

The UK’s central bank will need to remain flexible on interest rates as inflation spikes but the country’s economy slows, according to a senior...

by admin June 17, 2022
Business

Government ‘can’t solve every problem’, says minister as fuel prices hit record high

The Government is trying to do everything it can to tackle the cost of living “storm” but cannot solve every problem or save every...

by admin June 17, 2022
Business

Musk open to ‘exceptional’ Twitter staff working from home as he outlines plans to reach one billion users

Elon Musk has addressed Twitter staff for the first time and outlined new details of his vision for the company, including plans to allow...

by admin June 16, 2022
Business

US interest rates increase at their sharpest rate since 1994 in bid to tackle soaring inflation

The US central bank has increased interest rates by 0.75% to combat inflation – the sharpest hike in 28 years. The Federal Reserve signalled...

by admin June 15, 2022
Business

How the interest rate rise will affect mortgages

More than two million households face increased mortgage payments following the latest Bank of England interest rate rise, which experts say could create more...

by admin June 15, 2022
Business

Royal Mail issues union plea as costs crisis keeps prices ‘under review’

The boss of Royal Mail has told Sky News it is keeping prices “under review” as costs surge across the business and that unions...

by admin June 15, 2022
Business

Pound falls to lowest level since COVID crash amid Sturgeon’s fresh indyref aim

The pound has fallen to its lowest level against the dollar since the onset of the pandemic, fuelled by concerns about the economy and...

by admin June 14, 2022
Business

‘Blatant flouting of consumer rights’ among airlines as flight chaos threatens summer getaway

A consumer rights expert has hit out at the aviation regulator while accusing airlines of presiding over a ‘blatant flouting of consumer rights’ following...

by admin June 14, 2022
Business

EU Commission threatens ‘proportionate actions’ over UK government plans to override NI Protocol part of post-Brexit deal

The European Commission has warned it will take “proportionate action” to secure the legal implementation of the Northern Ireland Protocol after the UK government...

by admin June 13, 2022
Business

Shock contraction of 0.3% for UK economy in April as CBI demands ‘vital actions’ to prevent recession

The UK economy contracted by 0.3% in April, according to official figures released as the CBI, Britain’s biggest employers’ group, demanded “vital actions” from...

by admin June 13, 2022
Business

Landsec’s Hogg hopes to hit right note as Royal Opera House chair

The chair of Landsec, the FTSE-100 commercial property group, is on a shortlist of contenders to take the helm at the Royal Opera House,...

by admin June 12, 2022
Business

Plans to allow agency workers to fill in for striking rail staff condemned as ‘reckless’

Plans to change the law to allow agency workers to fill in for striking staff have been branded “reckless” by unions – ahead of...

by admin June 12, 2022
Business

Spurned Ofcom candidate Gilbert screened to lead BBC funding review

One of the candidates snubbed in the recent race to chair Ofcom, the media regulator, is being considered to oversee a government-commissioned review of...

by admin June 11, 2022
Business

Matalan bondholders seek talks over budget retailer’s future

Lenders to Matalan, one of Britain’s biggest budget retailers, are preparing for crunch talks about the chain’s future financing against a backdrop of soaring...

by admin June 10, 2022
Business

More than half of UK households cutting back on gas and electricity use due to cost of living crisis

More than half of UK households have cut down on their energy usage as a result of the cost of living crisis, new data...

by admin June 10, 2022
Business

Pilot union fury as Wizz Air boss urges fatigued staff to go ‘the extra mile’

The boss of Wizz Air is facing a backlash from unions, including pilots’ representatives, after he urged fatigued staff to go the “extra mile”...

by admin June 9, 2022
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World News
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  • My glimpse behind the curtain into the unpredictable, and frankly unbelievable, world of global politics right nowMy glimpse behind the curtain into the unpredictable, and frankly unbelievable, world of global politics right now
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