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Business

Business

Ireland rejects Biden’s global corporate tax plans and will keep 12.5% rate

Ireland has no plans to increase its corporate tax rate – one of the lowest in the developed world -  the country’s finance minister...

by admin May 25, 2021May 28, 2021
Business

Nationalisation ‘least likely’ option for Liberty Steel, says business secretary

Nationalising UK steel plants owned by Sanjeev Gupta’s reeling business empire is the “least likely” option for ensuring production continues, business secretary Kwasi Kwarteng...

by admin May 25, 2021May 28, 2021
Business

Peter Rabbit delivers Cineworld weekend bounce as UK screens reopen

The new Peter Rabbit film has helped UK cinema chain Cineworld enjoy a better than expected reopening weekend, the company said. Cinemas, together with...

by admin May 24, 2021May 28, 2021
Business

Ex-MEP Swinburne picked for key City lobbying post

A former Brussels lawmaker will on Monday be appointed to a key City post as Britain’s financial services industry strives to maintain its international...

by admin May 23, 2021May 28, 2021
Business

Super League rebels’ talks head for penalties

Six English clubs which sparked uproar by secretly agreeing to play in a European Super League (ESL) are braced for showdown talks with the...

by admin May 22, 2021May 28, 2021
Business

Heathrow to set up dedicated facility for red list passengers

Heathrow says it will be setting up a dedicated facility for passengers on direct flights from red list countries, following concerns that they were...

by admin May 21, 2021May 28, 2021
Business

Retail sale rise, London Tube extension, and Nationwide’s profits

Ian King speaks to the mayor of London, Sadiq Khan, about plans to extend the Northern Line Tube service. Plus, hear from PwC’s leader...

by admin May 21, 2021May 28, 2021
Business

UK sees ‘fastest output growth on record’ but cost pressures rise

A closely-watched survey of business activity has shown its best reading on record as a vaccine-driven reopening of the economy gets into gear. The...

by admin May 21, 2021May 28, 2021
Business

Help for high streets as retail sales surge 9.2% after lockdown hibernation ends

Retailers have enjoyed a surge in sales as stores dubbed non-essential were able to emerge from an enforced winter hibernation during April. Figures from...

by admin May 21, 2021May 28, 2021
Business

Heathrow immigration queue ‘bottlenecks’ raise COVID safety fears says union

Workers at Heathrow have raised fears about overcrowding at the airport days after a traffic light system to restart foreign holidays was launched, according...

by admin May 20, 2021May 28, 2021
Business

EasyJet eyes June recovery for holidays as it books £701m loss

EasyJet has said it expects to see a pick-up in demand for flights from June while revealing a £701m loss for the first half...

by admin May 20, 2021May 28, 2021
Business

Rate of inflation more than doubles in just one month to 1.5%

The rate of inflation more than doubled in just one month to 1.5% during April, posing a price rise challenge to the Bank of...

by admin May 19, 2021May 28, 2021
Business

Jaguar Land Rover warns of chip shortage struggle as it posts third year of annual losses

Britain’s biggest carmaker Jaguar Land Rover has reported an annual loss for the third year in a row and warned of an increasingly tough...

by admin May 18, 2021May 28, 2021
Business

Thousands of British tourists jet off but some ignore advice to avoid amber list countries

Thousands of British holidaymakers have started to fly out the country – with some heading to amber list destinations – as the ban on...

by admin May 17, 2021May 28, 2021
Business

Ryanair reveals record annual losses but sees recovery on horizon

Ryanair, Europe’s largest airline by passenger numbers, has reported record losses of €815m (£702m) for its last financial year – devastated by the impact...

by admin May 17, 2021May 28, 2021
Business

Campaigners find plastic waste from the UK dumped as far away as Turkey

The UK is continuing to dump waste on other countries with supermarket packaging and plastic bags found as far away as Turkey, according to...

by admin May 16, 2021May 28, 2021
Business

Portugal confirms UK tourists with negative COVID test allowed to travel from Monday

Portugal has confirmed that tourists from the UK will be able to travel to the country from Monday. The country’s minister of foreign affairs...

by admin May 14, 2021
Business

SFO investigating Gupta business empire including Greensill finance links

The Serious Fraud Office has said it is investigating steel tycoon Sanjeev Gupta’s business empire – including links with Greensill Capital. The SFO said...

by admin May 14, 2021
Business

Amazon to create more than 10,000 new UK jobs this year

Amazon has announced plans to create more than 10,000 new permanent jobs in the UK this year. The online retail giant is opening new...

by admin May 14, 2021
Business

Tesla stops payment by Bitcoin because of the impact on the environment

Tesla has halted the use of Bitcoin to pay for its vehicles because of the environmental impact of using the currency. Bitcoin is created...

by admin May 12, 2021
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