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Business

Business

Chelsea FC confirms sale to group led by Todd Boehly and Clearlake Capital

Roman Abramovich has completed the sale of Chelsea Football Club to a group led by American businessman Todd Boehly and investment firm Clearlake Capital....

by admin May 30, 2022
Business

Oil prices surge as EU meets to discuss Russian energy ban

Oil prices hit their highest level in more than two months on Monday morning as EU officials gathered in Brussels to debate the best...

by admin May 30, 2022
Business

Foxtons gazumps London rival Chestertons with raid on CEO Gittins

Foxtons has raided rival London estate agent Chestertons to poach its chief executive as it faces pressure from activist shareholders to sell the company....

by admin May 29, 2022
Business

Beckham-backer ABG in talks to seal £300m Ted Baker takeover

The consumer goods giant which owns a controlling stake in David Beckham’s portfolio of branded products is racing to finalise a £300m takeover of...

by admin May 28, 2022
Business

Shell says windfall tax ‘creates uncertainty’ about North Sea oil and gas investment

Shell has said the chancellor’s windfall tax “creates uncertainty” about investing in oil and gas in the North Sea. The tax was announced by...

by admin May 27, 2022
Business

Chancellor’s cost of living package ‘lowers risk of recession’

The chancellor’s cost of living package lowers the risk of a recession, leading economists have said. In its latest forecast, the Bank of England...

by admin May 27, 2022
Business

Windfall tax on oil and gas firms: Rees-Mogg warns Sunak that no tax is ‘economically cost-free’

One of the government’s most loyal ministers has warned that a windfall tax on oil and gas companies will not be “economically cost-free”. The...

by admin May 27, 2022
Business

Sunak unveils £21bn package and U-turns on windfall tax to help Britons ‘hit hard’ by cost of living surge

Eight million of the poorest UK households will receive a one off “cost of living payment” of £650 – and there will be an...

by admin May 26, 2022
Business

Chancellor set to back down over windfall tax and announce discount on energy bills

Chancellor Rishi Sunak is expected to bow to pressure to impose a windfall tax on energy companies when he sets out the government’s latest...

by admin May 25, 2022
Business

More than 90,000 VW drivers in England and Wales will get payouts over ‘dieselgate’

Volkswagen (VW) has reached a £193m settlement with UK drivers involved in a class action lawsuit over the so-called dieselgate scandal in 2015. The...

by admin May 25, 2022
Business

Chelsea FC takeover approved with proceeds going to humanitarian causes in Ukraine

The sale of Chelsea FC has been given approval by the UK government following the proposed takeover by the Todd Boehly / Clearlake Consortium....

by admin May 25, 2022
Business

Energy price cap expected to rise by £830 to £2,800 in October, says Ofgem chief

The UK’s energy price cap is expected to rise in October to around £2,800, Ofgem’s chief executive says. The cap which applies until 31...

by admin May 24, 2022
Business

BA-owner faces pay revolt over ‘excessive’ share award plan

British Airways’ (BA) parent company is facing a shareholder pay revolt amid criticism of proposals for an “excessive” hike in executives’ share awards despite...

by admin May 24, 2022
Business

Bank of England chief hits back at criticism it has ‘stoked’ cost of living crisis

The governor of the Bank of England has hit back at criticism that its decisions have contributed to the highest inflation in 40 years....

by admin May 23, 2022
Business

As the cost of living soars, here are seven apps which may help you save money

The cost of living crisis is causing “anxiety and uncertainty” for millions – but apps to help “feel a bit more in control” amid...

by admin May 23, 2022
Business

Windfall tax cannot be ruled out amid ‘extraordinary’ cost of living pressure says Treasury minister

Energy companies have been told by the government that “all options are on the table” if they do not reinvest their bumper profits –...

by admin May 23, 2022
Business

Ukraine’s message to Davos: Buying Russian gas funds rape and murder

Europe’s reliance on Russian oil and gas is funding the rape and murder of Ukrainian children, an MP and member of the country’s delegation...

by admin May 22, 2022
Business

Revealed: The least diverse job sector in UK – and what’s being done to change it

The Royal Agricultural University (RAU) is launching a new scholarship scheme to encourage more British students from ethnic minorities to enter the farming sector....

by admin May 21, 2022
Business

Trump’s commerce secretary plots £700m merger with UK’s Atom Bank

A senior figure in Donald Trump’s Cabinet is plotting a £700m deal that would see one of Britain’s biggest digital-only banks being listed on...

by admin May 21, 2022
Business

Grocery prices up by ‘more than 20%’ in advance of food inflation caused by Ukraine war

Hundreds of staple grocery items had shot up in price by more than a fifth over the two years prior to the surge in...

by admin May 20, 2022
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Recent Articles
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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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