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Business

Business

City watchdog defends oversight role as MPs seek Greensill answers

The head of the UK’s leading financial regulator has launched a stout defence of its actions around the collapsed supply chain finance provider Greensill...

by admin May 12, 2021
Business

Amazon wins legal battle over EU demand for £214m in back taxes

Amazon has won a legal fight with the European Union (EU) over an order it had tp pay €250m (£214m) in back taxes to...

by admin May 12, 2021
Business

The economy needs some luck given huge uncertainty clouding COVID recovery

With the slowest recovery in the G7, a £300bn hole in the public finances and millions at risk of unemployment as he prepares to...

by admin May 12, 2021
Business

The first show to reopen in the West End proves the door hasn’t closed to young creatives

It feels like a milestone – theatres in England can now open their doors for the first time in 14 months and wow audiences...

by admin May 12, 2021
Business

Holidaymakers giving up on this summer due to ‘lack of clarity’ on rules, travel firm says

Holidaymakers have been giving up on getaways this summer thanks to a “lack of clarity” on the easing of travel restrictions, latest trading figures...

by admin May 12, 2021
Business

Locked-down UK economy shrank by 1.5% in first quarter

Britain’s locked-down economy shrank by 1.5% in the first quarter of the year, official figures show. The data covers a period when a resurgence...

by admin May 12, 2021
Business

What can you do from today as England’s lockdown eases?

Restrictions in England are easing today with changes to the rules on indoor and outdoor mixing, and indoor hospitality reopening. Despite concerns over the...

by admin May 10, 2021
Business

‘Glimmer of hope’ for breweries after pub reopenings beat expectations

An “unbelievable” surge in post-lockdown demand for cask beer is offering “a glimmer of hope” for the struggling UK pub industry. Production has been...

by admin May 9, 2021
Business

PM ‘will promise to end brain drain in red wall regions’ in Queen’s Speech

The prime minister will reportedly promise to bring jobs and skills to “red wall” areas so people no longer have to leave their home...

by admin May 8, 2021
Business

Hospitality chiefs urge Sunak to ‘stand ready’ with new support package

Hospitality chiefs have urged the chancellor to prepare a new financial support package for the industry even as remaining restrictions on their operations are...

by admin May 8, 2021
Business

Minister defends ‘cautious’ holidays restart amid industry criticism

A cabinet minister has defended the “cautious start” to reopening international holiday travel in the face of industry demands to expand the quarantine-free green...

by admin May 8, 2021
Business

Lloyds plots £400m takeover of savings group Embark

Britain’s biggest high street lender is in advanced talks about its biggest corporate acquisition since it was returned to full private ownership four years...

by admin May 8, 2021
Business

Post Office contacts hundreds more postmasters who may have been wrongfully prosecuted

Efforts are being made by the Post Office to trace hundreds of people who may have been wrongfully convicted as a result of a...

by admin May 8, 2021
Business

BA owner lists four priorities for travel restart as losses ease

The parent firm of British Airways has demanded government action in “four key areas” to help facilitate the restart of foreign travel while revealing...

by admin May 7, 2021
Business

Uber hit with $600m UK drivers’ bill after being forced to classify them as workers

Uber has set aside $600m (£430m) to resolve “historical claims” relating to its private hire drivers in the UK after it lost a legal...

by admin May 5, 2021
Business

What are your holiday options? COVID-19 infection and vaccination rates for tourism hotspots revealed

The UK is set to relax restrictions for visiting a handful of countries under a new traffic light system. Those returning to the UK...

by admin May 5, 2021
Business

Travel industry leaders demand ‘clarity’ over restrictions to help them meet holiday demand

Travel industry leaders say they need “clarity” over restrictions from the government if they are to meet the huge pent up demand for holidays...

by admin May 5, 2021
Business

Tinder owner eyes ‘summer of love’ surge as more people get COVID jab

Tinder’s parent company Match Group has set its sights on a “summer of love” surge for its global dating platforms as coronavirus vaccinations increase...

by admin May 4, 2021
Business

Ikea launches delayed scheme to exchange old furniture for shopping vouchers

Ikea has launched a scheme allowing customers to return their old furniture back to the retailer in exchange for shopping vouchers. The initiative had...

by admin May 4, 2021
Business

Carphone billionaire Ross quits months into Royal Opera House tenure

David Ross, the billionaire co-founder of The Carphone Warehouse and prominent Conservative Party donor, is to step down as chairman of the Royal Opera...

by admin May 1, 2021
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  • Russian ambassador partly blames UK for Ukrainian drone attackRussian ambassador partly blames UK for Ukrainian drone attack
  • Russian ambassador partly blames UK for Ukrainian drone attackRussian ambassador partly blames UK for Ukrainian drone attack: ‘We perfectly know how much London is involved’
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