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Business

Business

National Grid’s profits rise to £3.4bn amid soaring energy bills

National Grid has seen its annual pre-tax profits increase by 107% to £3.4bn. The energy network operator attributed much of the rise to its...

by admin May 19, 2022
Business

Drowning our sorrows? Alcohol leads retail sales recovery as consumer confidence hits record low

British consumer confidence has plunged to its lowest level since records began nearly 50 years ago, a survey has suggested, adding to fears that...

by admin May 19, 2022
Business

Royal Mail to raise prices cut costs to cope with soaring inflation

Royal Mail has said it will need to rise prices and cut costs in the face of soaring inflation. The company warned that it...

by admin May 19, 2022
Business

Consumer prices will continue to soar due to rocketing production costs, warns Lurpak producer

Britain’s biggest dairy producer has admitted the price of milk will continue to increase due to sky high energy costs that have already risen...

by admin May 18, 2022
Business

Inflation figure is shocking – and there is worse to come

There is no getting away from the shock of the headline figure here. The consumer price index is the main measure we use to...

by admin May 18, 2022
Business

Business secretary writes to fuel giants reminding them to pass on tax cuts to motorists

Business Secretary Kwasi Kwarteng has written to the leading petrol retailers “to remind them of their responsibilities” to pass on tax cuts to motorists....

by admin May 17, 2022
Business

Fall in real wages intensifies and jobless rate hits lowest level since 1974 as more seek work

Real wages have dropped by 1.2% as regular pay growth fails to keep up with soaring inflation, according to the latest official figures. The...

by admin May 16, 2022
Business

Chelsea sale ‘at risk’ as ministers press Abramovich for fresh assurances over sale

The £4.25bn takeover of Chelsea Football Club has been thrown into fresh doubt amid a renewed impasse between owner Roman Abramovich and Whitehall over...

by admin May 16, 2022
Business

Energy price cap could rise every three months under planned shake-up

The energy price cap, the mechanism that determines gas and electricity bills for 22 million households, could soon be reviewed every three months under...

by admin May 16, 2022
Business

Saudi oil giant’s profits rocket by 80% fuelled by Ukraine invasion

Oil giant Saudi Aramco has revealed its profits skyrocketed by more than 80% in the first three months of the year, with prices buoyed...

by admin May 15, 2022
Business

Premier League weighs ban on debt-fuelled club takeovers

The Premier League is considering a formal ban on debt-fuelled club takeovers as part of a far-reaching  overhaul of its ownership rules. Sky News...

by admin May 14, 2022
Business

Elon Musk’s pause on Twitter takeover triggers a flap

What is Elon Musk up to? Not for the first time that’s the question on the minds of Twitter executives, global investors and many...

by admin May 13, 2022
Business

Elon Musk says $44bn Twitter takeover deal ‘temporarily on hold’

Billionaire Elon Musk has said his Twitter deal is “temporarily on hold” over the company’s spam and fake user accounts. Mr Musk, who last...

by admin May 13, 2022
Business

Kay Burley’s road back to Wigan Pier

It’s been a long time since I returned to Wigan. Situated equidistant between Liverpool and Manchester, the old mining town has stood proudly on...

by admin May 13, 2022
Business

PM wants ministers to cut 90,000 civil service jobs to ease cost of living crisis – but union warns of ‘reckless slash and burn’

Boris Johnson has ordered ministers to come up with plans to cut more than 90,000 civil service jobs in order to free up billions...

by admin May 12, 2022
Business

Sunak was already under pressure from cost of living crisis – the GDP figures might force him to act

Be in no doubt, today’s GDP figures are bad news indeed. Bad news as they show the economy is shrinking sooner than expected, down...

by admin May 12, 2022
Business

Inflation takes toll as UK economy contracts in March

The UK economy contracted by 0.1% in March, as surging inflation took a toll on demand to offset the boost that had been expected...

by admin May 11, 2022
Business

Chelsea to unveil £20m-a-year shirt deal with cryptocurrency brand WhaleFin

Chelsea FC is close to unveiling a £20m-a-year sponsorship deal with a fast-growing cryptocurrency group – despite a temporary ban on the club striking...

by admin May 11, 2022
Business

Toyota says operating earnings could fall by a fifth this year

The world’s largest car-maker has warned that its operating earnings could fall by a fifth this year due to “unprecedented increases in materials and...

by admin May 11, 2022
Business

Elon Musk says he would reverse Twitter’s ‘foolish’ ban on Donald Trump

Billionaire Elon Musk, who is set to buy Twitter, has said he would reverse the platform’s “foolish” ban on former US president Donald Trump...

by admin May 10, 2022
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Recent Articles
  • Israel says first hostages handed over as Palestinian prisoners also expected to be releasedIsrael says first hostages handed over as Palestinian prisoners also expected to be released
  • Farming community responds to rumours of an inheritance tax U-turnFarming community responds to rumours of an inheritance tax U-turn
  • When is Hamas expected to release Israeli hostages?When is Hamas expected to release Israeli hostages?
  • Trump in Israel for hostages return ahead of Egypt peace summitTrump in Israel for hostages return ahead of Egypt peace summit
  • Mariners shut down Jays' bats to steal Game 1Mariners shut down Jays’ bats to steal Game 1
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  • Penn State fires Franklin amid midseason free fallPenn State fires Franklin amid midseason free fall
  • The rise of Curt Cignetti, the fall of James Franklin and other midseason thoughtsThe rise of Curt Cignetti, the fall of James Franklin and other midseason thoughts
  • Penn State fires James Franklin: Top candidates, transfers and recruitsPenn State fires James Franklin: Top candidates, transfers and recruits
World News
  • Israel says first hostages handed over as Palestinian prisoners also expected to be releasedIsrael says first hostages handed over as Palestinian prisoners also expected to be released
  • When is Hamas expected to release Israeli hostages?When is Hamas expected to release Israeli hostages?
  • Trump in Israel for hostages return ahead of Egypt peace summitTrump in Israel for hostages return ahead of Egypt peace summit
  • Inside the 'homecoming unit' ready to welcome Israeli hostagesInside the ‘homecoming unit’ ready to welcome Israeli hostages
  • 'You are coming home': Trump envoy reassures hostages as Israel prepares for emotional reunion‘You are coming home’: Trump envoy reassures hostages as Israel prepares for emotional reunion
  • Drones capture staggering images of Gaza devastation - as people find nothing leftDrones capture staggering images of Gaza devastation – as people find nothing left
  • 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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