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Business

Business

AstraZeneca accused of breaking promises as it looks to make a profit on COVID-19 vaccine

Drugs firm AstraZeneca has said it plans to start earning a “modest” profit from its COVID-19 vaccine having previously sold it at cost. The...

by admin November 12, 2021
Business

Diminishing hopes for strong economic rebound as UK’s recovery lags behind global rivals

The economy is recovering, but the pace of that recovery is diminishing – that’s the big picture from today’s gross domestic product statistics. However,...

by admin November 11, 2021
Business

UK growth slows as consumer spending weakness and supply issues hit recovery

Britain’s economic growth slowed to 1.3% in the third quarter, official figures show. It meant that gross domestic product (GDP) remained 2.1% lower than...

by admin November 11, 2021
Business

US inflation hits highest level since 1990 as food and fuel prices surge

The annual rate of inflation in the US has hit its highest level in more than three decades, fed by faster than expected rises...

by admin November 10, 2021
Business

M&S hails turnaround as it returns to profit but sees supply chain and labour cost strains ahead

Marks & Spencer has swung back into the black after a pandemic-induced slump but warned of the impact of supply chain strains and higher...

by admin November 10, 2021
Business

World’s largest car manufacturers swerve climate commitment

Some of the world’s largest car manufacturers and vehicle producing nations will not sign a global deal to cut new car emissions by 2040,...

by admin November 9, 2021
Business

Supermarket price inflation at 14-month high – adding to cost of living pressure

Supermarket price inflation has reached its highest level for more than a year – adding to cost of living pressures – according to industry...

by admin November 9, 2021
Business

Government gives £210m backing for mini nuclear reactors to hit net zero ‘more quickly’

Small nuclear reactors will get a £210 million government investment boost in the hope of moving to clean household energy “more quickly”. Business Secretary...

by admin November 8, 2021
Business

JD Sports says car park meeting not suspicious after footage published

JD Sports has said it is not “suspicious or illegitimate” for its executive chairman Peter Cowgill to meet his opposite number at rival Footasylum...

by admin November 8, 2021
Business

Gopher explores £3bn counterbid for gambling software group Playtech

An investment vehicle which began building a stake in the London-listed gambling software group Playtech earlier this year is weighing plans for a £3bn...

by admin November 7, 2021
Business

Elon Musk asks Twitter followers if he should sell 10% of Tesla stock

Elon Musk has asked his 62.5 million Twitter followers whether he should sell 10% of his Tesla stock. The Tesla CEO launched the poll...

by admin November 7, 2021
Business

Abrdn in £1.5bn talks to buy DIY stock-picker Interactive Investor

Abrdn, the FTSE-100 asset manager, is in advanced talks to buy Interactive Investor (II) for more than £1.5bn – a deal that will hand...

by admin November 6, 2021
Business

Five big supermarkets to halve environmental impact of weekly food shop by 2030

The UK’s five biggest supermarkets will try to halve the environmental impact of a weekly food shop by the end of the decade. It...

by admin November 6, 2021
Business

‘There are only so many hits you can take as a business’: Both sides being hurt by fishing dispute

Brexit is done, and for many, there’s genuine relief it’s over. But ongoing disagreements and post-treaty disputes are having real world costs to businesses...

by admin November 5, 2021
Business

BA’s owner eyes transatlantic-driven recovery after peak summer season loss

The owner of British Airways has placed its hopes for a return to profitability on strong demand for transatlantic travel after posting a loss...

by admin November 5, 2021
Business

‘Saviour of steel’ Gupta criticised over ‘high risk’ funding practices in MPs’ report

Liberty Steel boss Sanjeev Gupta has been criticised in a report by MPs looking into the crisis that engulfed the company, as well as...

by admin November 4, 2021
Business

Bank of England resists pressure to raise interest rates as inflation spike looms

The Bank of England has surprised investors and economists by leaving interest rates on hold at 0.1% for at least another month. However, the...

by admin November 4, 2021
Business

Fed to start scaling back $120bn a month bond-buying support

America’s central bank has confirmed that it is to start scaling back its emergency support for the US economy. The US Federal Reserve said...

by admin November 3, 2021
Business

‘Watershed’ moment as $130tn committed to hitting net zero

Former Bank of England governor Mark Carney has declared a “watershed” moment in financing the world’s move to net zero following news that $130...

by admin November 3, 2021
Business

UK banks to commit to coal financing phase-out by 2030 at COP26

Three of Britain’s biggest high street lenders will this week join an alliance aimed at phasing out the world’s dependence on coal power amid...

by admin November 2, 2021
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Recent Articles
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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
  • Women's Euros 2025: Where is it, how to watch and when are England and Wales playing?Women’s Euros 2025: Where is it, how to watch and when are England and Wales playing?
  • 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
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