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Business

Business

Lord Nash quits as lead Whitehall director after less than two years

The government’s lead non-executive director has quit with more than a year of his term to run, paving the way for a prominent businessman...

by admin March 30, 2022
Business

Germany issues warning on gas supplies but says state rationing not yet needed

Germany has declared an “early warning” of a gas supply emergency, in one of the starkest signs yet that the Russian invasion of Ukraine...

by admin March 30, 2022
Business

P&O refuses to halt redundancies as second vessel detained for safety issues

The boss of P&O Ferries has flatly rejected the government’s final plea to halt the process of making nearly 800 of its workers redundant....

by admin March 29, 2022
Business

Babcock takes flight from aviation emergency arm with sale to Ancala

Babcock International Group, the FTSE-250 government contractor, is in talks to offload the bulk of its emergency aviation services division, which counts Britain’s Air...

by admin March 29, 2022
Business

Energy bill spending heads towards highest level since at least the 1950s

We are, the Bank of England governor said on Monday, facing a historic shock to our incomes. In fact, he added, “the shock from...

by admin March 28, 2022
Business

Chelsea advisers aim for April 18 deadline to present preferred bid to ministers

Ministers and the Premier League will be presented with a preferred bid for Chelsea Football Club in three weeks’ time, paving the way for...

by admin March 28, 2022
Business

Chelsea FC sale: Bidders given April 11 deadline for final shootout

The four contenders vying to buy Chelsea Football Club will submit final bids on April 11, paving the way for a prospective new owner...

by admin March 27, 2022
Business

‘P&O, shame on you’: Protests across UK against sackings as ship remains grounded

Hundreds of people have demonstrated against P&O Ferries’ sacking of 800 staff at ports across the UK, with some chanting: “P&O, shame on you.”...

by admin March 26, 2022
Business

Bidders told to commit £1bn to future of Chelsea in four-way shootout

The remaining contenders to buy Chelsea FC have been told they must commit at least £1bn to future investment in the club if they...

by admin March 26, 2022
Business

Petrol stations pass on just 2.71p of Sunak’s 5p fuel duty price drop to drivers, data shows

Petrol stations have failed to pass on the fuel duty savings announced by the chancellor in his spring statement, new data has shown. According...

by admin March 25, 2022
Business

Chicago Cubs owners draft in bankers to help salvage Chelsea takeover dream

The owners of the Chicago Cubs are drafting in a heavyweight investment bank as they attempt to salvage their bid to buy Chelsea Football...

by admin March 25, 2022
Business

UK car production falls by 41% on chip shortage

Cars rolling off the assembly line in Britain fell sharply last month, pushed down by the ongoing chip shortage and the closure of Honda’s plant in...

by admin March 25, 2022
Business

Final whistle for Chelsea bidders as bankers kick out string of offers

A string of bidders for Chelsea Football Club including the former US ambassador to the UK have been eliminated from the £3bn auction of...

by admin March 24, 2022
Business

P&O Ferries chief executive to face questions from MPs

The chief executive of P&O Ferries will face questions from MPs later after the controversial sacking of nearly 800 workers last week. Peter Hebblethwaite...

by admin March 24, 2022
Business

As Sunak chooses to pocket £10bn amid the worst cost of living crisis for years, will he have to return in the autumn with more money?

Budgets – and let’s make no bones about it, today’s Spring Statement was significant enough to qualify as a budget – tend to follow...

by admin March 23, 2022
Business

Change in law signed of by Chris Grayling meant P&O could sack staff without telling govt, maritime lawyer says

A change in the law signed off by former Conservative minister Chris Grayling cleared the way for P&O Ferries to legally sack 800 staff...

by admin March 22, 2022
Business

Four possible measures chancellor may bring in as he prepares another budget under emergency conditions

One of these days, Rishi Sunak will produce a fiscal statement which lays out his vision for the nation. We will hear about his...

by admin March 22, 2022
Business

Gazprom’s UK supply arm faces special administration within days as customers turn their backs

The UK supply arm of Russia’s state-owned gas firm Gazprom is expected to be placed under taxpayer control within days as customers attempt to...

by admin March 22, 2022
Business

Fired P&O Ferries workers ‘forced to sign gagging order in return for redundancy pay’

800 P&O Ferries workers fired suddenly last week are only being given redundancy pay on the condition they sign Non-Disclosure Agreements (NDAs), according to...

by admin March 21, 2022
Business

Sacramento Kings owner Ranadive backs Broughton bid for Chelsea FC

The Indian-born businessman who owns the Sacramento Kings basketball team has joined forces with the former British Airways chairman Sir Martin Broughton in his...

by admin March 20, 2022
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Recent Articles
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World News
  • Inside the 'homecoming unit' ready to welcome Israeli hostagesInside the ‘homecoming unit’ ready to welcome Israeli hostages
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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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  • Nova festival survivor dies two years after girlfriend shot dead as he shielded her  October 7 survivor dies two years after girlfriend shot dead by Hamas at Nova Festival
  • Hamas official thanks Donald Trump for ceasefire deal - but tells Sky News Tony Blair not welcomeHamas official thanks Donald Trump for ceasefire deal – but tells Sky News Tony Blair not welcome
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