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Business

Business

Why the Bank of England is so optimistic on COVID recovery

Andrew Bailey is about to go on holiday. But as the Bank of England governor’s mind turns to writing postcards, he knows he will...

by admin August 5, 2021
Business

Bank of England warns inflation will rise to double target rate as upgrades future growth

The Bank of England has warned inflation will increase further this year to double the target rate, but insisted rising prices will only be temporary...

by admin August 5, 2021
Business

John Lewis fury as it heads latest ‘name and shame’ list for flouting wage rules

A row has broken out over the “naming and shaming” of companies which fail to meet minimum pay rules, with the John Lewis Partnership...

by admin August 4, 2021
Business

UK economic rebound slowing as inflation pressure grows, signals survey

Britain’s economy continues to rebound but is losing some of the earlier momentum in the face of inflationary pressures, fresh figures indicate. Growth among...

by admin August 4, 2021
Business

Consumer watchdog publishes ‘red list’ of 20 holiday providers to avoid

A watchdog has released a “red list” of 20 package holiday providers that people are advised against booking a trip with. Which? has issued...

by admin August 3, 2021
Business

Office life beats Zoom and Teams for young workers, says Sunak

Young people benefit from being in the office, Chancellor Rishi Sunak has said, as he highlighted its positive influence on his own early career....

by admin August 3, 2021
Business

NHS COVID-19 app being updated to ping fewer people to isolate

Fewer contacts of people with coronavirus will be told to isolate by the NHS COVID-19 app after an update today. The “logic” which underpins...

by admin August 2, 2021
Business

Jobs threat as British engineering firm agrees £6.3bn takeover by US tech giant

Defence and aerospace technology firm Meggitt has agreed a £6.3bn takeover deal by US firm Parker-Hannifin. The FTSE 250 company confirmed an offer from...

by admin August 2, 2021
Business

Former Unilever veteran Banga lined up to lead government agency UKGI

A former Unilever executive is being lined up to take the helm of the Whitehall agency which oversees taxpayers’ interests in businesses including the...

by admin August 1, 2021
Business

‘Many thousands’ could lose jobs as changes to furlough scheme come into force

There are fears “many thousands” of people will lose their jobs as the furlough scheme is gradually phased out – and the government is...

by admin August 1, 2021
Business

Employers told forcing workers to have COVID vaccine could be criminal offence

British employers have been warned that forcing staff to have the coronavirus vaccination could amount to a criminal offence, amid concerns over “no jab,...

by admin July 31, 2021
Business

Amazon-backed EV maker Rivian in talks to build UK factory

An electric vehicle (EV) manufacturer backed by Amazon and Ford is in talks with ministers about building a giant factory in the UK that...

by admin July 31, 2021
Business

Up to quarter of supermarket milk deliveries missed due to driver shortages, says dairy giant

Up to a quarter of supermarket milk deliveries by the UK’s biggest dairy supplier have been unable to get through because of a shortage...

by admin July 30, 2021
Business

BA owner increases flight numbers to meet take-off in air travel demand as coronavirus rules eased

British Airways owner International Consolidated Airlines Group (IAG) is to increase flight numbers to meet the surge in demand for air travel as quarantine...

by admin July 30, 2021
Business

New Amazon boss contends with sales slowdown as pandemic impact fades

Amazon’s new boss is facing a sales slowdown as the breakneck pace of expansion fuelled by stay-at-home shopping eases. Andy Jassy, who took over...

by admin July 29, 2021
Business

Up to 1.6 million remain on furlough while taxpayer support also drives record mortgage borrowing

Between 1.1 million to 1.6 million workers remain on full or partial furlough as taxpayer aid for the wage support scheme prepares to be...

by admin July 29, 2021
Business

Facebook sees profits double to $10bn but warns of slowdown in months ahead

Facebook was given the thumbs down by Wall Street despite doubling quarterly profits as it warned growth will slow sharply in coming months. Shares...

by admin July 28, 2021
Business

Minister confirms ‘travel corridor’ talks ahead of meeting on ditching quarantine for double-jabbed US and EU arrivals

Airlines are putting pressure on the government to exempt fully-vaccinated Americans and EU visitors from quarantine on their arrival to the UK. Amid widespread...

by admin July 27, 2021
Business

Apple delivers sales surge on strong demand for premium iPhones

Strong demand for premium iPhones helped Apple deliver bumper sales of $81.4bn in its latest quarter as it shrugged off the impact of chip...

by admin July 27, 2021
Business

PM Johnson to host bosses for talks amid ‘pingdemic’ anger

Boris Johnson will hold talks with some of Britain’s leading business figures this week amid continued frustration over changing private sector exemptions from coronavirus...

by admin July 27, 2021
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Recent Articles
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World News
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  • Iran: Still a chance for peace talks with USIran: Still a chance for peace talks with US
  • 'This drug is evil': Kush is ruining lives - with ingredients shipped from the UK‘This drug is evil’: Kush is ruining lives – with ingredients shipped from the UK
  • Women's Euros: Concerns for player safety as tournament kicks off in SwitzerlandWomen’s Euros: Concerns for player safety as tournament kicks off in Switzerland
  • 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
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