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Business

Business

Revitalised NatWest weighs £3bn for wealth management giant

NatWest Group is contemplating an audacious takeover bid for one of Britain’s biggest wealth managers in a move that would represent its biggest corporate...

by admin April 2, 2022
Business

Criminal and civil investigations opened into P&O Ferries after it sacked 786 employees

The government’s business misconduct watchdog has launched criminal and civil probes into P&O Ferries, adding to pressure on the embattled company. The move comes...

by admin April 1, 2022
Business

London-listed miner Petropavlovsk lines up advisers for crunch debt talks

A London-listed gold mining group which was prevented from making a loan repayment this week after its Russian lender was sanctioned is lining up...

by admin April 1, 2022
Business

The bill shock is unprecedented and Sunak’s aid will only soften the blow

Never before has there been an economic experience quite like this. Never before have households around the country faced as severe an increase in...

by admin March 31, 2022
Business

‘Bringing down Britain’: Martin Lewis blamed as several energy company websites go into meltdown

Energy customers around the country have been struggling to submit gas and electricity meter readings, a day before prices are set to soar when...

by admin March 31, 2022
Business

UK economy back close to pre-pandemic levels, says ONS

The UK economy grew at a rate of 1.3% in the last three months of 2021, a faster pace than first thought and bringing GDP...

by admin March 31, 2022
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
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Recent Articles
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World News
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  • Ukrainian troops 'start surrendering' in key city but Kyiv says situation 'dynamic'Ukrainian troops ‘start surrendering’ in key city but Kyiv says situation ‘dynamic’
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