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Business

Shoppers ‘put brakes’ on spending as cost of living crisis bites

The soaring cost of living has seen consumers “put the brakes” on their shopping habits, new figures show. The latest retail monitoring from BRC-KPMG...

by admin May 10, 2022
Business

McColl’s rescued from administration by Morrisons, saving all 16,000 jobs

Convenience retailer McColl’s has been formally bought out of administration by its existing trading partner Morrisons in a deal that saves all its 16,000...

by admin May 9, 2022
Business

UK announces fresh Russia sanctions targeting £1.7bn worth of trade

Britain has announced fresh sanctions targeting £1.7bn worth of trade with Russia in a bid to “further weaken Putin’s war machine”. They include sharply...

by admin May 8, 2022
Business

Morrisons returns with fresh McColl’s offer as endgame looms

Morrisons has tabled a last-gasp bid to wrest McColl’s Retail Group from the clutches of its Asda-owning rivals just hours before administrators are formally...

by admin May 8, 2022
Business

PM to reveal plans to revive struggling town centres in Queen’s Speech

Plans to revive struggling town centres will form a key part of the Queen’s Speech next week as the prime minister tries to move...

by admin May 8, 2022
Business

West End landlords Capco and Shaftesbury in talks about £3.5bn merger

Two companies behind large swathes of London’s West End are in advanced talks about a £3.5bn merger that would unite world-famous tourist destinations, including...

by admin May 7, 2022
Business

Boehly-led consortium signs purchase agreement to buy Chelsea FC

A consortium led by LA Dodgers part-owner Todd Boehly and backed by Clearlake Capital has signed a purchase agreement to buy Chelsea Football Club....

by admin May 7, 2022
Business

Petrol giant EG Group swoops for stricken McColl’s as administrators called in

The billionaire brothers behind one of Britain’s biggest fuel retailing empires are close to sealing a last-ditch swoop on McColl’s Retail Group that could...

by admin May 6, 2022
Business

‘Destruction of UK pig sector’ looms unless Tesco pulls its weight, chain is warned

Tesco, the UK’s largest supermarket chain, has been warned it must do more to help struggling pork producers or risk “the destruction of the...

by admin May 6, 2022
Business

Thousands of jobs at risk as convenience store giant McColl’s teeters on brink of collapse

McColl’s Retail Group, one of Britain’s biggest convenience store chains, is on the brink of collapse, putting thousands of high street jobs at risk....

by admin May 5, 2022
Business

Bank of England expected to raise interest rate to 13-year high to tackle inflation

The Bank of England is expected to increase its base interest rate to the highest level in 13 years in a bid to tackle...

by admin May 4, 2022
Business

Chelsea FC sale: Clearlake stake in Blues to be reduced in restructured deal

The American private equity firm financing the preferred bid to buy Chelsea Football Club will take a reduced stake in the Blues under a...

by admin May 4, 2022
Business

P&O ferry Pride of Kent detained at Dover after failing inspection for third time

The Pride of Kent, a P&O ferry, has failed its reinspection by authorities. The Maritime and Coastguard Agency (MCA) said: “The Pride of Kent...

by admin May 3, 2022
Business

Oil majors to reap £11.6bn unexpected wartime profits on UK fossil fuels, Greenpeace projects

A spike in oil and gas prices triggered by the Ukraine war could see energy giants enjoying unexpected, additional profits of £11.6bn this year...

by admin May 3, 2022
Business

Germany ‘not against’ ban on Russian oil – as EU considers the move in latest sanctions

Germany would be ready to back a European Union ban on Russian oil imports, two senior ministers have suggested. The comments came as EU...

by admin May 2, 2022
Business

Fancy 20 hours in the air? Non-stop Sydney to London route to be world’s longest flight

Travellers will be able to fly non-stop from Sydney to London after Qantas announced the world’s longest direct commercial flight. The airline said the...

by admin May 2, 2022
Business

Menopausal symptoms ‘forcing one in 10 women in the UK to quit their job’

One in 10 women who have worked during the menopause have left a job due to their symptoms, a survey has found. The survey...

by admin May 1, 2022
Business

Preferred Chelsea bidder offers Premier League reassurance over investors

The American investment firm backing the preferred bidder for Chelsea Football Club has provided assurances about the identities of its underlying investors as it...

by admin May 1, 2022
Business

North Sea oil and gas firms face govt pressure to invest profits into home-grown energy to ‘bring down bills’

North Sea oil and gas companies have come under pressure from the government to invest their profits into accelerating domestic energy production as millions...

by admin April 30, 2022
Business

Former Sports Direct auditors braced for £2m fine over Ashley disclosures

The former auditors of Mike Ashley’s high street empire are in advanced talks about a multimillion-pound fine that would bring an end to a...

by admin April 30, 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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