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Business

Business

Diminishing hopes for strong economic rebound as UK’s recovery lags behind global rivals

The economy is recovering, but the pace of that recovery is diminishing – that’s the big picture from today’s gross domestic product statistics. However,...

by admin November 11, 2021
Business

UK growth slows as consumer spending weakness and supply issues hit recovery

Britain’s economic growth slowed to 1.3% in the third quarter, official figures show. It meant that gross domestic product (GDP) remained 2.1% lower than...

by admin November 11, 2021
Business

US inflation hits highest level since 1990 as food and fuel prices surge

The annual rate of inflation in the US has hit its highest level in more than three decades, fed by faster than expected rises...

by admin November 10, 2021
Business

M&S hails turnaround as it returns to profit but sees supply chain and labour cost strains ahead

Marks & Spencer has swung back into the black after a pandemic-induced slump but warned of the impact of supply chain strains and higher...

by admin November 10, 2021
Business

World’s largest car manufacturers swerve climate commitment

Some of the world’s largest car manufacturers and vehicle producing nations will not sign a global deal to cut new car emissions by 2040,...

by admin November 9, 2021
Business

Supermarket price inflation at 14-month high – adding to cost of living pressure

Supermarket price inflation has reached its highest level for more than a year – adding to cost of living pressures – according to industry...

by admin November 9, 2021
Business

Government gives £210m backing for mini nuclear reactors to hit net zero ‘more quickly’

Small nuclear reactors will get a £210 million government investment boost in the hope of moving to clean household energy “more quickly”. Business Secretary...

by admin November 8, 2021
Business

JD Sports says car park meeting not suspicious after footage published

JD Sports has said it is not “suspicious or illegitimate” for its executive chairman Peter Cowgill to meet his opposite number at rival Footasylum...

by admin November 8, 2021
Business

Gopher explores £3bn counterbid for gambling software group Playtech

An investment vehicle which began building a stake in the London-listed gambling software group Playtech earlier this year is weighing plans for a £3bn...

by admin November 7, 2021
Business

Elon Musk asks Twitter followers if he should sell 10% of Tesla stock

Elon Musk has asked his 62.5 million Twitter followers whether he should sell 10% of his Tesla stock. The Tesla CEO launched the poll...

by admin November 7, 2021
Business

Abrdn in £1.5bn talks to buy DIY stock-picker Interactive Investor

Abrdn, the FTSE-100 asset manager, is in advanced talks to buy Interactive Investor (II) for more than £1.5bn – a deal that will hand...

by admin November 6, 2021
Business

Five big supermarkets to halve environmental impact of weekly food shop by 2030

The UK’s five biggest supermarkets will try to halve the environmental impact of a weekly food shop by the end of the decade. It...

by admin November 6, 2021
Business

‘There are only so many hits you can take as a business’: Both sides being hurt by fishing dispute

Brexit is done, and for many, there’s genuine relief it’s over. But ongoing disagreements and post-treaty disputes are having real world costs to businesses...

by admin November 5, 2021
Business

BA’s owner eyes transatlantic-driven recovery after peak summer season loss

The owner of British Airways has placed its hopes for a return to profitability on strong demand for transatlantic travel after posting a loss...

by admin November 5, 2021
Business

‘Saviour of steel’ Gupta criticised over ‘high risk’ funding practices in MPs’ report

Liberty Steel boss Sanjeev Gupta has been criticised in a report by MPs looking into the crisis that engulfed the company, as well as...

by admin November 4, 2021
Business

Bank of England resists pressure to raise interest rates as inflation spike looms

The Bank of England has surprised investors and economists by leaving interest rates on hold at 0.1% for at least another month. However, the...

by admin November 4, 2021
Business

Fed to start scaling back $120bn a month bond-buying support

America’s central bank has confirmed that it is to start scaling back its emergency support for the US economy. The US Federal Reserve said...

by admin November 3, 2021
Business

‘Watershed’ moment as $130tn committed to hitting net zero

Former Bank of England governor Mark Carney has declared a “watershed” moment in financing the world’s move to net zero following news that $130...

by admin November 3, 2021
Business

UK banks to commit to coal financing phase-out by 2030 at COP26

Three of Britain’s biggest high street lenders will this week join an alliance aimed at phasing out the world’s dependence on coal power amid...

by admin November 2, 2021
Business

British trawler detained as part of French fishing feud still being held despite Macron climbdown

A British scallop trawler detained by French authorities as part of a fishing feud with the UK is still being held, despite a cabinet...

by admin November 2, 2021
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Recent Articles
  • Manhunt for foreign prisoner after mistaken release from HMP WandsworthManhunt for foreign prisoner after mistaken release from HMP Wandsworth
  • Small boat migrant sent back to France for a second time in less than two monthsSmall boat migrant sent back to France for a second time in less than two months
  • Nvidia boss defends AI against claims of bubble by 'Big Short' investorNvidia boss defends AI against claims of bubble by ‘Big Short’ investor
  • Sickness bill costs £85bn year, says new report, which warns of 'economic crisis'Sickness bill costs £85bn year, says new report, which warns of ‘economic crisis’
  • Driver hits several people on French holiday island of Ile d'OleronDriver hits several people on French holiday island of Ile d’Oleron
  • Aerial images show destruction of Typhoon Kalmaegi in Philippines - with at least 66 killedAerial images show destruction of Typhoon Kalmaegi in Philippines – with at least 66 killed
  • Researchers Unveil How Atomic Entanglement Enhances Light Bursts
  • Who is Zohran Mamdani - and how did he pull off astonishing New York victory?Who is Zohran Mamdani – and how did he pull off astonishing New York victory?
  • Kentucky plane crash leaves at least seven dead - with number expected to riseKentucky plane crash leaves at least seven dead – with number expected to rise
  • What is the impact of longest US government shutdown in history?What is the impact of longest US government shutdown in history?
World News
  • Driver hits several people on French holiday island of Ile d'OleronDriver hits several people on French holiday island of Ile d’Oleron
  • Aerial images show destruction of Typhoon Kalmaegi in Philippines - with at least 66 killedAerial images show destruction of Typhoon Kalmaegi in Philippines – with at least 66 killed
  • Meet the underground squad with the lives of countless civilians in their handsMeet the underground squad with the lives of countless civilians in their hands
  • Thousands targeted in 'killing fields' around Sudanese city in paramilitary group's handsThousands targeted in ‘killing fields’ around Sudanese city in paramilitary group’s hands
  • 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
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