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Business

Business

Walmart-backed Symbotic finalises £3.3bn SoftBank SPAC merger

A robotics and automation company backed by Walmart, America’s biggest grocery retailer, is finalising plans for a $4.5bn (£3.3bn) merger with a ‘blank cheque’...

by admin December 12, 2021
Business

Fund manager Jupiter hires bankers to draw up £1.5bn bid defence plan

Jupiter, one of Britain’s best-known fund managers, is on alert for a takeover approach amid a frenzy of dealmaking activity across the global asset...

by admin December 11, 2021
Business

Future of LV= thrown into confusion after member vote for £530m takeover by Bain Capital falls short

The future of LV= was thrown into confusion this evening when members of the UK’s second largest mutual life insurer narrowly rejected a takeover...

by admin December 10, 2021
Business

US inflation surges to highest level since 1982

US inflation has hit a 39-year high in the latest sign of a cost of living squeeze for consumers in the world’s biggest economy....

by admin December 10, 2021
Business

Work on controversial Cambo oil field halted after Shell pull-out

The company behind the controversial Cambo oil field has said work on the project is being paused – after oil giant Shell pulled out...

by admin December 10, 2021
Business

Sunak warns of ‘bumps on road’ as figures show growth stalled even before arrival of Omicron variant

Chancellor Rishi Sunak has warned of “bumps on our road to recovery” as new figures showed growth stalled even before the arrival of the...

by admin December 10, 2021
Business

Fresh calls for business support as Plan B puts Christmas at risk for city centre shops and pubs

The government is facing increasing calls to step in and support businesses affected by new “plan B” COVID measures – which include working from...

by admin December 9, 2021
Business

Ofgem ‘inaction on unfit energy suppliers leaves households with £2.6bn bill’

The energy regulator Ofgem has been accused of sleepwalking into the price crisis that has seen a third of the UK’s household suppliers collapse,...

by admin December 8, 2021
Business

Businesses demand taxpayer aid as Plan B in England puts ‘fragile’ recovery at risk

The prospect of new Plan B COVID-19 restrictions has sent the pound to a one-year low and stirred dismay in the leisure and travel...

by admin December 8, 2021
Business

Tui warns on Omicron hit – but sees holidaymakers splash out on pricier breaks next year

Travel giant Tui has warned that latest COVID fears could hit its winter holiday programme even as it looks to a bounce-back in demand...

by admin December 8, 2021
Business

Asda facing strike threat as Tesco battles to prevent Xmas walkout disruption

Asda has joined Tesco, its biggest rival, in facing the prospect of strike action ahead of the key Christmas trading season. The GMB union...

by admin December 7, 2021
Business

Wall Street regulators investigating Trump social media deal

Wall Street regulators are investigating the $1.25bn deal to bring Donald Trump’s social media venture to the stock market, it has been disclosed. Digital...

by admin December 7, 2021
Business

Inflation ‘comfortably’ above 5% next spring as energy bill hikes bite says BoE rate-setter

Inflation looks set to “comfortably exceed 5%” next spring as a likely energy bill hike for millions of households takes effect, the Bank of...

by admin December 6, 2021
Business

Costs and shortages hit growth outlook and Omicron could add further risk, CBI warns

The CBI has cut its forecasts for economic growth thanks to costs and shortages over recent months – and warned that the emergence of...

by admin December 6, 2021
Business

Ex-TSB CEO Pester joins fintech frenzy with money-sharing app

Paul Pester, the former TSB Bank chief executive, is joining Britain’s fintech frenzy by launching the first UK-based social networking app enabling friends and...

by admin December 5, 2021
Business

‘A devastating blow for tourism’: Pre-departure tests return for all UK arrivals amid Omicron concerns

Airline operators have said the return of pre-departure coronavirus tests for all international arrivals to the UK will be a “devastating blow for aviation...

by admin December 5, 2021
Business

Former BT chairman du Plessis in frame to chair audit watchdog

Jan du Plessis, the former chairman of BT Group and a host of other FTSE-100 companies, is a leading candidate to chair Britain’s audit...

by admin December 4, 2021
Business

Boots owner to explore sale of UK’s biggest high street chemist chain

The parent company of Boots, Britain’s biggest high street chemist, is to explore a sale of the business next year that could value it...

by admin December 3, 2021
Business

Bank of England rate hike supporter backtracks as Omicron threatens COVID fightback

A member of the Bank of England committee which sets interest rates has backtracked on his support for a hike, saying he wants to...

by admin December 3, 2021
Business

Six jobs where people are needed most as vacancies hit ‘record 3.5 million’

The number of job vacancies in the UK has hit a new record 3.5 million ahead of the Christmas peak according to a closely-watched...

by admin December 3, 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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  • Gaza ceasefire proposal a significant moment - but there are still many unanswered questionsGaza ceasefire proposal a significant moment – but there are still many unanswered questions
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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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