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Business

Business

Tory MPs urge Boris Johnson to scrap energy taxes as bills rocket

Twenty Conservative politicians have urged Boris Johnson to scrap energy taxes as bills continue to rocket. The MPs and peers have written a letter...

by admin January 2, 2022
Business

Remember the Y2K bug? Microsoft confirms new Y2K22 issue

Microsoft says it is aware of a programming flaw which saw some customers’ Exchange servers stop processing emails just as the clock struck midnight...

by admin January 1, 2022
Business

Hands plots £9bn sale of MoD landlord Annington Homes

Guy Hands, the billionaire financier, is plotting the sale of the Ministry of Defence’s (MoD) biggest landlord in what could be one of Britain’s...

by admin January 1, 2022
Business

Chinese giant Tencent joins backers of £3.3bn digital bank Monzo

Tencent Holdings, the Chinese technology behemoth, is taking a stake in Monzo, the British-based digital bank which has confounded expectations by securing a $4.5bn...

by admin December 31, 2021
Business

Ban on loyalty penalty for car and home insurance customers set to take effect

New rules banning a loyalty penalty for car and home insurance customers take effect from 1 January. The rules mean customers renewing their policy...

by admin December 31, 2021
Business

Challenger bank Shawbrook explores plan for £1bn London listing

The owners of Shawbrook, one of Britain’s biggest challenger banks, are exploring plans to list it on the London Stock Exchange less than five...

by admin December 30, 2021
Business

Revealed: UK’s biggest house price winners and losers in 2021

Taunton has been named as the house price hotspot of 2021, with average values rising 21.8% this year – three times the UK average...

by admin December 30, 2021
Business

Thomas Cook liquidators plot sale of air traffic control stake

Liquidators of the Thomas Cook travel empire which became one of Britain’s best-known companies during its 178-year history have launched a bid to offload...

by admin December 29, 2021
Business

‘Cost-of-living catastrophe’: Average British household to be £1,200 worse off

Households face an average hit of £1,200 to their incomes from the double whammy of rising energy bills and taxes, a think tank has...

by admin December 29, 2021
Business

Minister says restaurants she has been to were ‘pretty full’ as she dismisses plea for hospitality help

A health minister has defended the government’s decision not to offer the hospitality sector more financial support, saying venues remain “pretty full”. Business leaders...

by admin December 28, 2021
Business

Shoppers stay home on Boxing Day as footfall drops by almost half on pre-COVID levels

Footfall at shopping sites across the UK on Boxing Day fell to almost half of levels seen pre-pandemic, figures show. Shopping centres, usually filled...

by admin December 27, 2021
Business

Business secretary to hold crunch talks with energy bosses as prices soar

Business Secretary Kwasi Kwarteng is to hold meetings with energy bosses today to address rapidly rising gas and electricity prices. Mr Kwarteng will meet...

by admin December 27, 2021
Business

Premier League faces new boardroom upheaval as Beeston quits

The Premier League is facing a fresh bout of boardroom upheaval with the resignation of its longest-serving independent director amid the COVID-induced chaos that...

by admin December 26, 2021
Business

Online post-Christmas sales shopping to increase but people to spend more, survey finds

People are expected to do more post-Christmas sales shopping online but spend more in previous years, a survey has found. Shoppers plan to spend...

by admin December 26, 2021
Business

City centre shoppers stay away on Christmas Eve amid fears over Omicron

Central London saw the biggest drop in footfall of anywhere in the country as concerns about the spread of the Omicron variant kept shoppers...

by admin December 24, 2021
Business

Northern Powerhouse fund secures big-name investors as it builds top team

The university spin-out venture chaired by Lord O’Neill, the former Treasury minister and Goldman Sachs economist, has secured backing from a syndicate of City...

by admin December 24, 2021
Business

Selfridges bought by Thai retailer and Austrian property company in £4bn deal

Selfridges has been bought by a Thai retailer and Austrian property company in a £4bn deal, according to reports. The luxury department store chain...

by admin December 24, 2021
Business

Lloyds apologises after customers unable to access online banking accounts

Lloyds has apologised after some customers were unable to access their online banking accounts on Thursday evening. Users began tweeting they were having problems...

by admin December 23, 2021
Business

PM’s supply chain tsar urges overhaul of UK infrastructure cap

The businessman drafted in by Boris Johnson to advise on the supply chain problems which hit the British economy in the autumn has concluded...

by admin December 23, 2021
Business

Ryanair counts cost of Omicron-driven ‘sudden downturn’ in bookings

Ryanair has revealed a “sudden downturn” in Christmas bookings has prompted it to slash January flights and pencil in annual losses more than twice...

by admin December 22, 2021
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Recent Articles
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  • How markets reacted to uncertainty over Rachel Reeves's futureHow markets reacted to uncertainty over Rachel Reeves’s future
  • More bad news for Elon Musk as Tesla deliveries miss target againMore bad news for Elon Musk as Tesla deliveries miss target again
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World News
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  • 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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