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Business

Water companies across the UK ‘strongly urged’ to enforce hosepipe bans as another heatwave looms

Water companies across the UK are being “strongly urged” to enforce a hosepipe ban. Environment Secretary George Eustice says some local providers “have rightly...

by admin August 7, 2022
Business

Next swoops for big stake in struggling lifestyle retailer Joules

The high street giant Next is in talks to take a big stake in Joules, the struggling fashion and lifestyle products chain. Sky News...

by admin August 6, 2022
Business

Workers at UK’s biggest container port to strike for eight days

Workers at the UK’s biggest container port will go on strike for more than a week later this month in a dispute over pay....

by admin August 5, 2022
Business

Bumper US jobs report defies surging inflation and recession fears

The US hiring boom continued last month, as employers added 528,000 jobs – more than double the number expected. The government data showed a...

by admin August 5, 2022
Business

House prices fall as signs emerge slowdown has started after recession warning

Just a day after the Bank of England warned of a 15-month recession, there are signs in housing and recruitment that the slowdown is...

by admin August 5, 2022
Business

Next says warm weather and demand for formal clothing helped boost sales

Next says warm weather and demand for formal clothing have helped boost its sales in recent months. The British retailer said that full price...

by admin August 4, 2022
Business

UK economy to be in recession for more than a year, Bank of England warns as it hikes rates

The Bank of England has hiked interest rates by half a percentage point – the sixth rise since December and the biggest rise since...

by admin August 4, 2022
Business

Hope of big oil price falls are dashed as OPEC+ agrees token production increase

Hope of a meaningful drop in global oil prices have been dashed after a major group of oil-producing nations, including Russia, agreed to increase...

by admin August 3, 2022
Business

‘Big four’ supermarkets failing to reduce petrol prices in line with falling wholesale costs, RAC warns

The “big four” supermarkets and several other retailers are failing to reduce petrol prices in line with falling wholesale costs, the RAC has warned....

by admin August 2, 2022
Business

Energy price cap to remain above £3,500 through most of 2023, report warns

The energy price cap will remain above £3,500 a year throughout most of 2023, according to the latest dire forecast for household bills. The...

by admin August 2, 2022
Business

BP reports second-quarter profit of £6.9bn – highest in 14 years

BP has reported a second-quarter profit of £6.9bn ($8.45bn) – its highest in 14 years – at a time when consumer fuel prices have...

by admin August 2, 2022
Business

‘A costly mistake’: JD Sports forced to sell Footasylum chain after long battle with competition watchdog

The UK’s largest sportswear retailer JD Sports Fashion is to sell its Footasylum chain following a long battle with the country’s competition watchdog. The...

by admin August 1, 2022
Business

FCA reveals new rules for the marketing of high-risk investments

The Financial Conduct Authority has finalised tougher rules for the marketing of high-risk investments. Under the new rules, firms approving and issuing marketing must...

by admin August 1, 2022
Business

Marex clinches $220m deal to buy ED&F Man Capital Markets

A London-based commodities broker controlled by a group of former Lehman Brothers executives will this week clinch a takeover of a major industry peer....

by admin July 31, 2022
Business

Octopus Energy seeks £1bn taxpayer support to seal deal for stricken Bulb

Octopus Energy has asked the government for a £1bn taxpayer funding package to seal a takeover of Bulb, its stricken rival. Sky News has...

by admin July 30, 2022
Business

Bankers need to be on their mettle to help households and businesses through what’s ahead

With so much fog surrounding the prospects for the UK economy, results statements from the country’s main commercial banks this week were an ideal...

by admin July 29, 2022
Business

Britons are borrowing more and saving less as cost-of-living crisis starts to hurt

Credit card borrowing last month increased at the fastest annual rate since 2005, according to new figures from the Bank of England. At the...

by admin July 29, 2022
Business

Competition watchdog looking into ‘sustainability’ claims made by Asos, Boohoo and Asda

The UK’s competition watchdog is investigating Asos, Boohoo and George at Asda over claims about the sustainability of their products. The Competition and Markets...

by admin July 29, 2022
Business

BA owner returns to profitability but blames Heathrow for ‘operational challenges’

British Airways owner IAG has returned to quarterly profitability for the first time since the coronavirus pandemic, but blamed Heathrow for its current “operational...

by admin July 29, 2022
Business

40% of households ‘could go into fuel poverty’ through soaring energy prices this winter

Up to 40% of households could be drawn into fuel poverty by soaring energy prices this winter, the boss of one of the UK’s...

by admin July 28, 2022
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Recent Articles
  • 'If someone took Trump's land, how would he feel?' - Ukrainians view peace talks with suspicion‘If someone took Trump’s land, how would he feel?’ – Ukrainians view peace talks with suspicion
  • Four mayoral elections to be postponed - as Labour accused of 'scandalous attempt to subvert democracy'Four mayoral elections to be postponed – as Labour accused of ‘scandalous attempt to subvert democracy’
  • Reeves between a rook and a hard place after claims she 'made up' chess championshipReeves between a rook and a hard place after claims she ‘made up’ chess championship
  • A little-known startup just used AI to make a moon dust battery for Blue OriginA little-known startup just used AI to make a moon dust battery for Blue Origin
  • Nvidia CEO Jensen Huang talks chip restrictions with Trump, blasts state-by-state AI regulationsNvidia CEO Jensen Huang talks chip restrictions with Trump, blasts state-by-state AI regulations
  • Design executive behind 'Liquid Glass' is leaving AppleDesign executive behind ‘Liquid Glass’ is leaving Apple
  • Salesforce beats on earnings, issues better-than-expected revenue forecastSalesforce beats on earnings, issues better-than-expected revenue forecast
  • 'No one helped us': The Sri Lankan community left in a mass of mud and loss after Cyclone Ditwah‘No one helped us’: The Sri Lankan community left in a mass of mud and loss after Cyclone Ditwah
  • 'Never-before-seen' images of Jeffrey Epstein's island released - showing 'disturbing look into his world'‘Never-before-seen’ images of Jeffrey Epstein’s island released – showing ‘disturbing look into his world’
  • International Space Station Makes History As Eight Visiting Spacecraft Simultaneously Dock
World News
  • 'If someone took Trump's land, how would he feel?' - Ukrainians view peace talks with suspicion‘If someone took Trump’s land, how would he feel?’ – Ukrainians view peace talks with suspicion
  • 'No one helped us': The Sri Lankan community left in a mass of mud and loss after Cyclone Ditwah‘No one helped us’: The Sri Lankan community left in a mass of mud and loss after Cyclone Ditwah
  • Why Putin won't agree to latest Ukraine peace planWhy Putin won’t agree to latest Ukraine peace plan
  • Rafah crossing to open 'in coming days' to let Gazans cross into Egypt, Israel saysRafah crossing to open ‘in coming days’ to let Gazans cross into Egypt, Israel says
  • Why Putin won't agree to latest Ukraine peace planWhy Putin won’t agree to latest Ukraine peace plan
  • Former Pakistan PM Imran Khan healthy but isolated in jail, his sister saysFormer Pakistan PM Imran Khan healthy but isolated in jail, his sister says
  • Imran Khan vs the military: What's just happened in Pakistan?Imran Khan vs the military: What’s just happened in Pakistan?
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