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Business

Business

Economy slowdown worse than thought even before Omicron, revised data shows

Britain’s slowing economic recovery was even weaker than previously thought over the summer, according to revised official data. The updated figures from the Office...

by admin December 22, 2021
Business

Why a cardboard box shortage is escalating across the UK

You can’t have Christmas without cardboard, or Boxing Day without a box for that matter. Corrugated board and the paper from which it’s made...

by admin December 22, 2021
Business

Sunak pledges £1bn for hospitality sector with £6k grants for businesses

Rishi Sunak has announced an additional £1bn in financial support for the hospitality and leisure sectors, with every business able to claim a one-off...

by admin December 21, 2021
Business

Manchester United finalises appointment of Arnold as new chief executive

Manchester United Football Club is to unveil Richard Arnold as its new boss following a turbulent period that has seen the sacking of its...

by admin December 20, 2021
Business

UK tech sector enjoys record year after start-ups attract more capital than ever before

The UK’s tech sector has enjoyed a record year with start-ups attracting more capital than ever before, new data shows. During what was the...

by admin December 20, 2021
Business

COVID funding doubled for Scotland, Wales and Northern Ireland as extra restrictions not ruled out

Additional funding to tackle the coronavirus pandemic in Scotland, Wales, and Northern Ireland has been doubled – after the health secretary refused to rule...

by admin December 19, 2021
Business

GSK picks ex-Tesco chief Lewis to lead £40bn consumer spin-off

Sir Dave Lewis, the former Tesco chief, will this week be appointed to lead the £40bn separation of GlaxoSmithKline’s (GSK) consumer healthcare arm. Sky...

by admin December 19, 2021
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
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Recent Articles
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World News
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  • Israeli military's former top lawyer arrested over leaked video - as bodies of 45 Palestinians handed overIsraeli military’s former top lawyer arrested over leaked video – as bodies of 45 Palestinians handed over
  • Only survivor of Air India Flight 171 crash tells Sky News the trauma 'broke' himOnly survivor of Air India Flight 171 crash tells Sky News the trauma ‘broke’ him
  • At least 20 dead and 150 injured after magnitude 6.3 earthquake in north AfghanistanAt least 20 dead and 150 injured after magnitude 6.3 earthquake in north Afghanistan
  • Hurricane Melissa leaves 28 dead after tearing through JamaicaHurricane Melissa leaves 28 dead after tearing through Jamaica
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