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Business

EU fines banks including Barclays, NatWest and HSBC £293m over ‘Sterling Lads’ currency cartel

The EU has fined banks, including Barclays, NatWest and HSBC, a total of €344m (£293m) for roles in an alleged foreign exchange spot trading...

by admin December 2, 2021
Business

Novavax COVID jab manufacturer reveals £400m Teesside plant expansion

The company slated to manufacture tens of millions of Novavax coronavirus vaccines at its plant on Teesside has announced a £400m expansion plan for...

by admin December 1, 2021
Business

Bookings cancelled and plans changed as ‘chilling talk of Plan B’ hits hospitality sector

Business owners across the hospitality industry say COVID rule changes are already having a “chilling” impact on bookings. Many who have survived 20 months...

by admin December 1, 2021
Business

The cost of Christmas is going up as retailers pass on price pressures to shoppers

British households are facing a more expensive Christmas shop after labour shortages and surging costs pushed retail prices higher for the first time since...

by admin November 30, 2021
Business

UK competition regulator tells Meta to sell GIF library Giphy

Facebook’s owner Meta has been issued a legally binding order to sell the GIF library Giphy after an investigation found the takeover “could harm...

by admin November 30, 2021
Business

EasyJet sees softening of bookings amid omicron uncertainty as annual losses deepen

EasyJet has told investors it is expecting passenger numbers to return to pre-pandemic levels next summer despite uncertainty over the winter months ahead as...

by admin November 30, 2021
Business

‘Time for me to leave’: Twitter CEO Jack Dorsey resigns

Analysis: This isn’t a surprise By Ian King, Sky News business presenter It is no surprise to see Jack Dorsey stepping down as chief...

by admin November 29, 2021
Business

Deliveroo picks Goldman as broker despite US bank’s role on IPO flop

Deliveroo is close to naming Goldman Sachs as one of its new brokers, eight months after the Wall Street bank played a major role...

by admin November 28, 2021
Business

BA suspends Hong Kong flights after crew forced to quarantine

British Airways has confirmed it has temporarily suspended flights to and from Hong Kong after a crew member reportedly tested positive for COVID-19. The...

by admin November 28, 2021
Business

Holiday camp chain Butlin’s to be put up for sale amid staycations boom

The owner of Butlin’s is preparing to put it up for sale amid a boom in British staycations, sparking a potential bidding frenzy for...

by admin November 27, 2021
Business

Why fear of growth setback has spooked investors

News of a potentially fast-spreading new coronavirus variant has already triggered a violent reaction on markets and in a number of different asset classes....

by admin November 26, 2021
Business

FTSE 100 suffers worst day in over a year as virus variant spooks the market

More than £65bn was wiped off the UK stock market on Friday, reflecting fears that a new coronavirus variant could wreak further havoc on...

by admin November 26, 2021
Business

‘Worst October since 1956’: Global COVID woes apply brakes to UK car production

The UK car industry has warned of challenges just to remain operational after it produced just shy of 65,000 cars last month – the...

by admin November 25, 2021
Business

Retailers putting up prices at fastest pace since 1990 as consumers splash out early for Christmas

Retailers are putting up prices at the fastest rate since 1990 according to industry figures that add to evidence of a cost of living...

by admin November 25, 2021
Business

Fuel campaigners demand inquiry and regulator over UK’s ‘rip-off pump prices’

A group campaigning for lower fuel prices has demanded urgent intervention, claiming drivers are being “fleeced” as costs continue to hit record levels. FairFuelUK...

by admin November 24, 2021
Business

Scaled-back Christmas as consumers become ‘more used to seeing fewer things on shelves’

Consumers can expect a “scaled-back” Christmas this year as retailers reduce the range of products available to cope with supply chain pressures, MPs have...

by admin November 24, 2021
Business

Football club-owners face new licensing regime in bid to avert future collapses

Professional football club-owners in England will be overseen by a new licensing regime forcing them to demonstrate fully-funded three-year business plans under proposals to...

by admin November 23, 2021
Business

US, China and UK among nations joining forces in bid to ease oil prices

So bombarded are we now with talk of higher inflation, at least due in part to higher energy prices, it may have escaped some...

by admin November 23, 2021
Business

Levelling-up: Where is the money going and how effective will it be?

It’s been two years since this government was elected with a mandate to level up the left-behind parts of the UK. Now that the...

by admin November 23, 2021
Business

AstraZeneca’s pledge to poorer nations as it seeks COVID jab profits from next year

The chief executive of AstraZeneca (AZ) has told Sky News that the company’s decision to begin seeking a modest profit from its COVID vaccine...

by admin November 22, 2021
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Recent Articles
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World News
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  • 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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