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Business

More job vacancies now than before pandemic, as unemployment rate falls slightly

There are more job vacancies now than there were before the pandemic, official figures show, as unemployment edges slowly down after a year of...

by admin July 15, 2021
Business

Sainsbury’s to encourage shoppers to keep wearing face coverings

Shoppers at Sainsbury’s will be encouraged to keep wearing masks in stores next week even though it will no longer be legally required. The...

by admin July 14, 2021
Business

Rising cost of food and transport sees UK inflation rise again

The rate of inflation in the UK rose again in June, outstripping economists’ predictions and passing the Bank of England’s stated target of 2%....

by admin July 14, 2021
Business

Encouraging start for an expected bumper earnings season on Wall Street

Monday night saw the three main US stock indices – the S&P 500, the Nasdaq and the Dow Jones Industrial Average – close at...

by admin July 13, 2021
Business

BoE removes bank dividend curbs as outlook improves

The Bank of England has done away with limits on bank dividends that were introduced during the pandemic, claiming that its stress test shows...

by admin July 13, 2021
Business

Businesses face ‘confusing and contradictory advice’ about reopening

Firms are facing “confusing and contradictory advice” from the government about how to operate as the economy enters the final stage of reopening, it...

by admin July 12, 2021
Business

Rothermere family plots £810m bid to take Daily Mail publisher private

The Daily Mail’s founding family is plotting an offer to take the company behind Britain’s biggest-selling national newspaper private – move that would end...

by admin July 12, 2021
Business

Uber picks former Tesco exec to run European delivery arm

Uber will this week name a former Tesco executive as the head of its European delivery arm amid a frenzy of competition in the...

by admin July 11, 2021
Business

Ex-BP chief Hayward plots float of energy transition SPAC

Tony Hayward, the former BP chief executive, is plotting the flotation of a new ‘blank cheque’ company that will seek to capitalise on booming...

by admin July 10, 2021
Business

Ralph & Russo collapse draws scrutiny of pensions watchdog

Pension watchdogs are scrutinising the collapse of Ralph & Russo, the upmarket British-based fashion brand which is now at the centre of a legal...

by admin July 9, 2021
Business

Co-op, Lidl, and Tesco Express adjust opening times to allow workers to enjoy Euro 2020 final

Business leaders say employers should be willing to be flexible on working hours on Monday, to enable football fans to celebrate England’s Euro 2020...

by admin July 9, 2021
Business

The pinging of the NHS app may be a bell tolling for economic recovery

There was a time, in the wake of the first wave of COVID-19, that politicians and economists yearned for a V-shaped recovery – an...

by admin July 9, 2021
Business

GDP growth in May falls short of expectations despite easing of COVID restrictions

The economy grew by 0.8% in May but remains 3.1% below its pre-pandemic peak, according to the Office for National Statistics. The figure was...

by admin July 9, 2021
Business

Competition watchdog chief Coscelli to step down next year

The chief executive of the competition watchdog is preparing to step down next year, creating a further vacancy at the helm of one of...

by admin July 8, 2021
Business

Winter holiday bookings slow thanks to travel ‘speculation’, says Jet 2

Holiday bookings for the winter are already slowing due to “ongoing speculation around international travel”, operator Jet 2 said as it reported a big...

by admin July 8, 2021
Business

Top City executives could see pay linked to progress on diversity

Top executives at financial firms could see their pay linked to progress on diversity under measures being discussed by UK regulators. In a joint...

by admin July 7, 2021
Business

Greensill Capital potentially broke COVID emergency loan scheme rules, NAO says

Greensill Capital potentially broke the rules of the government’s coronavirus emergency loan schemes, lending hundreds of millions of pounds to Sanjeev Gupta’s business empire...

by admin July 6, 2021
Business

Electric vans and cars to secure future of Vauxhall’s Ellesmere Port plant

Vauxhall’s parent firm has revealed a new electric vehicle future for its Ellesmere Port plant, removing a years-long threat of closure from the factory....

by admin July 6, 2021
Business

Questions remain for businesses after PM announces scrapping of work-from-home order

Prime Minister Boris Johnson has confirmed that people in England will no longer be instructed to work from home from later this month. The...

by admin July 5, 2021
Business

Nightclubs, self-isolation, working from home: Every rule that’s set to change on ‘Freedom Day’

Boris Johnson has confirmed that England’s so-called “Freedom Day” – initially planned for 21 June – is likely to go ahead on Monday 19...

by admin July 5, 2021
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