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Business

Business

Business secretary writes to fuel giants reminding them to pass on tax cuts to motorists

Business Secretary Kwasi Kwarteng has written to the leading petrol retailers “to remind them of their responsibilities” to pass on tax cuts to motorists....

by admin May 17, 2022
Business

Fall in real wages intensifies and jobless rate hits lowest level since 1974 as more seek work

Real wages have dropped by 1.2% as regular pay growth fails to keep up with soaring inflation, according to the latest official figures. The...

by admin May 16, 2022
Business

Chelsea sale ‘at risk’ as ministers press Abramovich for fresh assurances over sale

The £4.25bn takeover of Chelsea Football Club has been thrown into fresh doubt amid a renewed impasse between owner Roman Abramovich and Whitehall over...

by admin May 16, 2022
Business

Energy price cap could rise every three months under planned shake-up

The energy price cap, the mechanism that determines gas and electricity bills for 22 million households, could soon be reviewed every three months under...

by admin May 16, 2022
Business

Saudi oil giant’s profits rocket by 80% fuelled by Ukraine invasion

Oil giant Saudi Aramco has revealed its profits skyrocketed by more than 80% in the first three months of the year, with prices buoyed...

by admin May 15, 2022
Business

Premier League weighs ban on debt-fuelled club takeovers

The Premier League is considering a formal ban on debt-fuelled club takeovers as part of a far-reaching  overhaul of its ownership rules. Sky News...

by admin May 14, 2022
Business

Elon Musk’s pause on Twitter takeover triggers a flap

What is Elon Musk up to? Not for the first time that’s the question on the minds of Twitter executives, global investors and many...

by admin May 13, 2022
Business

Elon Musk says $44bn Twitter takeover deal ‘temporarily on hold’

Billionaire Elon Musk has said his Twitter deal is “temporarily on hold” over the company’s spam and fake user accounts. Mr Musk, who last...

by admin May 13, 2022
Business

Kay Burley’s road back to Wigan Pier

It’s been a long time since I returned to Wigan. Situated equidistant between Liverpool and Manchester, the old mining town has stood proudly on...

by admin May 13, 2022
Business

PM wants ministers to cut 90,000 civil service jobs to ease cost of living crisis – but union warns of ‘reckless slash and burn’

Boris Johnson has ordered ministers to come up with plans to cut more than 90,000 civil service jobs in order to free up billions...

by admin May 12, 2022
Business

Sunak was already under pressure from cost of living crisis – the GDP figures might force him to act

Be in no doubt, today’s GDP figures are bad news indeed. Bad news as they show the economy is shrinking sooner than expected, down...

by admin May 12, 2022
Business

Inflation takes toll as UK economy contracts in March

The UK economy contracted by 0.1% in March, as surging inflation took a toll on demand to offset the boost that had been expected...

by admin May 11, 2022
Business

Chelsea to unveil £20m-a-year shirt deal with cryptocurrency brand WhaleFin

Chelsea FC is close to unveiling a £20m-a-year sponsorship deal with a fast-growing cryptocurrency group – despite a temporary ban on the club striking...

by admin May 11, 2022
Business

Toyota says operating earnings could fall by a fifth this year

The world’s largest car-maker has warned that its operating earnings could fall by a fifth this year due to “unprecedented increases in materials and...

by admin May 11, 2022
Business

Elon Musk says he would reverse Twitter’s ‘foolish’ ban on Donald Trump

Billionaire Elon Musk, who is set to buy Twitter, has said he would reverse the platform’s “foolish” ban on former US president Donald Trump...

by admin May 10, 2022
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
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Recent Articles
  • Shell paves way for multimillion-pound pay hike for boss SawanShell paves way for multimillion-pound pay hike for boss Sawan
  • China to ban hidden door handles seen on some electric carsChina to ban hidden door handles seen on some electric cars
  • Elon Musk's xAI chatbot Grok faces ICO probe after allegedly creating sexual imagery of childrenElon Musk’s xAI chatbot Grok faces ICO probe after allegedly creating sexual imagery of children
  • Multimillion-pound drive to recruit 10,000 new foster carersMultimillion-pound drive to recruit 10,000 new foster carers
  • FX risk manager Bound lands m funding boostFX risk manager Bound lands $25m funding boost
  • Can Starmer keep Mandelson vetting secret?Can Starmer keep Mandelson vetting secret?
  • Starmer, Badenoch and McSweeney: Who are the winners and losers of the Mandelson-Epstein scandal?Starmer, Badenoch and McSweeney: Who are the winners and losers of the Mandelson-Epstein scandal?
  • The end of a scandal-tainted career: Mandelson had no alternative but to resignThe end of a scandal-tainted career: Mandelson had no alternative but to resign
  • Scottish Labour commits to banning transgender women from female prisons if Anas Sarwar becomes first ministerScottish Labour commits to banning transgender women from female prisons if Anas Sarwar becomes first minister
  • Woman prisoners 'traded as pawns for political gain' by 'Orwellian' Scottish government policy, court toldWoman prisoners ‘traded as pawns for political gain’ by ‘Orwellian’ Scottish government policy, court told
World News
  • 'I still would like to meet Putin': Epstein's unrequited love for Russian leader‘I still would like to meet Putin’: Epstein’s unrequited love for Russian leader
  • Teenage boy swims for four hours to save family swept out to seaTeenage boy swims for four hours to save family swept out to sea
  • Air India flight from Heathrow grounded after 'possible defect' with fuel control switchAir India flight from Heathrow grounded after ‘possible defect’ with fuel control switch
  • French investigators raid Paris offices of Elon Musk's XFrench investigators raid Paris offices of Elon Musk’s X
  • FIFA boss Gianni Infantino apologises for fans joke - and insists Trump deserved peace prizeFIFA boss Gianni Infantino apologises for fans joke – and insists Trump deserved peace prize
  • Son of Norway's crown princess arrested ahead of rape trial on new allegations of assault and wielding a knifeSon of Norway’s crown princess arrested ahead of rape trial on new allegations of assault and wielding a knife
  • Sea captain found guilty of killing crew member in North Sea collision with US oil tankerSea captain found guilty of killing crew member in North Sea collision with US oil tanker
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