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Business

Business

Co-op Group risks row by retaining part of state COVID funds

The Co-op Group will risk igniting a reputational row on Thursday when it announces that it will not repay all of the government funding...

by admin April 7, 2021
Business

Virgin Media boss Schuler wins race for top job after tie-up with O2

The chief executive of Virgin Media is to take the helm of Britain’s biggest mobile network operator, it will announce this week as it...

by admin April 6, 2021
Business

Deliveroo riders start strike over pay and conditions

UK Deliveroo riders are expected to strike over pay and conditions as unconditional trading commences in the company’s shares. Hundreds of riders are expected...

by admin April 6, 2021
Business

Foreign holidays may be ‘out of reach’ for many under COVID tests regime

The chief executive of easyJet has warned that foreign holidays risk becoming the preserve of those with expendable income , as the industry eagerly...

by admin April 6, 2021
Business

Thousands of jobs face axe as Peacocks finalises rescue deal

Thousands more high street jobs are to disappear as part of a deal that could nonetheless salvage approximately half of the workforce at the...

by admin April 5, 2021
Business

Former banking lobby chief Jones joins shared branches start-up OneBanks

The former boss of Britain’s most influential financial lobbying group is throwing his weight behind the trial of a service that it wants to...

by admin April 4, 2021
Business

Darktrace to launch £3bn float despite Deliveroo debacle

The British cybersecurity company Darktrace is this weekend finalising plans for a £3bn stock market listing, despite the shadow cast over technology ‘unicorn’ floats...

by admin April 3, 2021
Business

BAE Systems hands Woodburn £2m pay rise after poaching bid

Britain’s biggest defence contractor has handed its chief executive a multimillion pound pay rise as its board scrambled to prevent a rival FTSE-100 company...

by admin April 2, 2021
Business

Uber ordered to pay $1.1m to blind woman who was refused rides 14 times

Uber has been ordered to pay $1.1m (£790,000) to a blind woman who was refused rides on 14 separate occasions. An independent arbitrator found...

by admin April 2, 2021
Business

Nike wins court bid to stop rapper’s ‘Satan shoe’ sales

Nike has won a bid to temporarily stop a company selling a customised version of its Air Max trainers dubbed “Satan shoes”. The Air...

by admin April 2, 2021
Business

Deliveroo bankers face cancellation of £18m fee after IPO calamity

The board of Deliveroo is facing demands from the company’s new shareholders to cancel an £18m payout to the investment banks which this week...

by admin April 1, 2021
Business

Pub trade calls time on ‘triple whammy’ of new COVID reopening rules

The pub trade has reacted angrily to the prospect of a “triple whammy” of new coronavirus restrictions when sites reopen in England, warning they...

by admin April 1, 2021
Business

Liberty Steel tycoon Sanjeev Gupta promises workers ‘no plants will close under my watch’

Liberty Steel tycoon Sanjeev Gupta has promised thousands of UK workers facing uncertainty after the collapse of lender Greensill that he will not close...

by admin April 1, 2021
Business

Biggest London flotation for a decade delivers huge dent to City ambition

The crash in shares of Deliveroo this morning is an event with massive implications for both investors and for future investment. This was the...

by admin March 31, 2021
Business

Rising number of celebrities selling video messages during pandemic – with some bizarre requests

Ever wanted some words of support from your football hero? How about help with a marriage proposal from a famous musician? The coronavirus pandemic...

by admin March 31, 2021
Business

Deliveroo shares nosedive on London stock market debut

Shares in Deliveroo have slumped by as much as 30% as the takeaway delivery company made its highly-anticipated stock market debut. The flop wiped...

by admin March 31, 2021
Business

Labour frontbencher apologises to Sir Keir Starmer after describing business as ‘the enemy’

Sir Keir Starmer has revealed one of his top team has apologised after describing business as “the enemy”. Shadow tourism minister, Alex Sobel, was...

by admin March 30, 2021
Business

Over-65s lead return to supermarket aisles as online surge pauses

Over-65s are leading the way back to the supermarket aisles as the largely-vaccinated generation grows more confident about shopping in physical stores again, new...

by admin March 30, 2021
Business

Liberty Steel plans to restart production next week despite funding crunch

Liberty Steel UK says it is to restart production next week as its parent firm continues to seek new funding to fill the hole...

by admin March 29, 2021
Business

Deliveroo trims nearly £1bn from top end of valuation amid ‘volatile’ market conditions

Deliveroo has blamed “volatile” market conditions as it knocked nearly £1bn off the top end of its expected stock market valuation. The takeaway delivery...

by admin March 29, 2021
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World News
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  • 27 Palestinians killed by Israeli fire while waiting for aid distribution, says Hamas-run Gaza health ministry24 Palestinians killed by Israeli fire while waiting for aid distribution, says Hamas-run Gaza health ministry
  • Famous chimpanzee sanctuary faces existential threat from illegal land grabFamous chimpanzee sanctuary faces existential threat from illegal land grab
  • Russians react to Ukraine's unprecedented drone attack - as Kremlin's silence speaks volumesRussians react to Ukraine’s unprecedented drone attack – as Kremlin’s silence speaks volumes
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