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Business

Business

Marks & Spencer sets up three-way contest to succeed CEO Rowe

Marks & Spencer (M&S) has drafted in headhunters to shape a three-way internal contest to become its next chief executive – a process that...

by admin December 18, 2021
Business

‘They have kind of hung us all out to dry’: Businesses frustrated at lack of support amid Omicron wave

In Bristol, the last full working Friday before Christmas didn’t feel like it. A day informally reserved for sneaky shopping, long-lunches and perhaps a...

by admin December 17, 2021
Business

Rishi Sunak holds meetings with business leaders as Omicron causes COVID slowdown

Chancellor Rishi Sunak and his team has held meetings with business leaders as pressure mounts on the government to provide assistance to companies impacted...

by admin December 17, 2021
Business

Retail sales jump in November with Black Friday boost

Retail sales rose by 1.4% in November, lifted above their pre-pandemic level by an increase in sales at clothing stores and computer stores. Volumes...

by admin December 17, 2021
Business

Bank of England opts for pre-Christmas rate hike as it forecasts inflation surging to 6%

The Bank of England has announced a pre-Christmas interest rate hike from 0.1% to 0.25% despite fears over the economic impact of the Omicron...

by admin December 16, 2021
Business

Sunak urged to ‘get on a plane’ to deliver fresh support for Omicron-hit businesses

Rishi Sunak has been urged to “get on a plane” back to the UK amid a growing clamour for support for businesses hit by...

by admin December 16, 2021
Business

US central bank could raise interest rates three times next year as inflation accelerates

The central bank of the United States has signalled it could raise interest rates three times next year. In an abrupt policy shift, the...

by admin December 15, 2021
Business

Inflation hits 10-year high as fuel, fashion and food prices surge

Inflation surged to 5.1% last month, hitting a fresh decade high as the cost of living squeeze on households intensified. The consumer prices index...

by admin December 15, 2021
Business

UK must be ‘ready to redeploy’ furlough if ‘widespread’ closures needed to tackle Omicron

Britain should be “ready to redeploy” furlough aid if it faces a virulent COVID-19 wave requiring widespread lockdowns, the International Monetary Fund (IMF) has...

by admin December 14, 2021
Business

Jobless rate falls amid further evidence of soft landing when furlough scheme ended

The UK’s unemployment rate has fallen while there is further evidence that the end of the furlough scheme in September did not result in...

by admin December 14, 2021
Business

‘Lockdown by stealth’: Business warnings over impact of tougher COVID restrictions

Ministers are facing a backlash from business over fears of the UK sliding into “lockdown by stealth”. The Confederation of British Industry (CBI) and...

by admin December 13, 2021
Business

UK workers facing ‘worst Christmas wage squeeze in almost a decade’

Working households are facing the worst Christmas wage squeeze in almost a decade, according to a report by the TUC. The union organisation demanded...

by admin December 13, 2021
Business

Walmart-backed Symbotic finalises £3.3bn SoftBank SPAC merger

A robotics and automation company backed by Walmart, America’s biggest grocery retailer, is finalising plans for a $4.5bn (£3.3bn) merger with a ‘blank cheque’...

by admin December 12, 2021
Business

Fund manager Jupiter hires bankers to draw up £1.5bn bid defence plan

Jupiter, one of Britain’s best-known fund managers, is on alert for a takeover approach amid a frenzy of dealmaking activity across the global asset...

by admin December 11, 2021
Business

Future of LV= thrown into confusion after member vote for £530m takeover by Bain Capital falls short

The future of LV= was thrown into confusion this evening when members of the UK’s second largest mutual life insurer narrowly rejected a takeover...

by admin December 10, 2021
Business

US inflation surges to highest level since 1982

US inflation has hit a 39-year high in the latest sign of a cost of living squeeze for consumers in the world’s biggest economy....

by admin December 10, 2021
Business

Work on controversial Cambo oil field halted after Shell pull-out

The company behind the controversial Cambo oil field has said work on the project is being paused – after oil giant Shell pulled out...

by admin December 10, 2021
Business

Sunak warns of ‘bumps on road’ as figures show growth stalled even before arrival of Omicron variant

Chancellor Rishi Sunak has warned of “bumps on our road to recovery” as new figures showed growth stalled even before the arrival of the...

by admin December 10, 2021
Business

Fresh calls for business support as Plan B puts Christmas at risk for city centre shops and pubs

The government is facing increasing calls to step in and support businesses affected by new “plan B” COVID measures – which include working from...

by admin December 9, 2021
Business

Businesses demand taxpayer aid as Plan B in England puts ‘fragile’ recovery at risk

The prospect of new Plan B COVID-19 restrictions has sent the pound to a one-year low and stirred dismay in the leisure and travel...

by admin December 8, 2021
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Recent Articles
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World News
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  • 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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