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Business

Business

UK economic recovery falters due to supply chain issues and job shortages

The UK’s economic recovery stumbled in August as labour shortages dampened more than six months of unrestrained growth.  The IHS Markit/CIPS Flash UK Composite...

by admin August 23, 2021
Business

Shares in Sainsbury’s pop amid £7bn takeover speculation

Shares in supermarket giant Sainsbury’s surged on Monday morning following reports that US private equity firm Apollo was considering a bid of more than...

by admin August 23, 2021
Business

Online marketplace Fruugo joins London tech listings rush

An online marketplace which counts one of Britain’s most prominent retail executives among its backers is to join rush of technology companies listing on...

by admin August 22, 2021
Business

Ex-HSBC chief Flint leads race to run £22bn UK Infrastructure Bank

John Flint, the former HSBC Holdings chief executive, is in talks with Whitehall officials about becoming the inaugural boss of the government’s new £22bn...

by admin August 21, 2021
Business

$40bn takeover of UK chip designer Arm Holdings raises ‘serious competition concerns’

The $40bn takeover of UK chip designer Arm Holdings by US tech giant Nvidia faces an in-depth probe after regulators found the deal could...

by admin August 20, 2021
Business

Borrowing is falling but Sunak faces the most challenging situation for a chancellor in decades

During the last 17 months we have become almost inured to the terrifying increases in government borrowing incurred in grappling with the pandemic. The...

by admin August 20, 2021
Business

M&S shares surge after retailer says ‘encouraging’ sales show turnaround is working

Shares in Marks & Spencer have surged after it bumped up its profit outlook following “encouraging” sales – but admitted stores are still struggling...

by admin August 20, 2021
Business

Retail sales see biggest monthly fall since January after Euro boost faded and self-isolation rose

Retail suffered a washout last month as the end of the Euro 2020 tournament combined with wet weather were blamed for a sharp fall...

by admin August 20, 2021
Business

Morrisons hit with fresh £7bn takeover bid by US private equity firm

A £7bn bid for the supermarket chain Morrisons by US private equity firm Clayton Dubilier & Rice has been backed by the supermarket’s board,...

by admin August 19, 2021
Business

Global markets slide amid signs Fed to ‘taper’ emergency stimulus despite Delta concerns

Stock markets have fallen sharply after signs that the US Federal Reserve could start pulling away emergency support for the world’s biggest economy later...

by admin August 19, 2021
Business

UK orders probe in to defence firm takeover by US company

The UK government has ordered regulators to investigate the acquisition of British defence firm Ultra Electronics by a US private equity firm on the...

by admin August 18, 2021
Business

Rail fares set for sharp increase as used car prices soar, new inflation data suggests

The July inflation measure normally used to set the following year’s rail fare increases has been recorded at 3.8% – the highest for ten...

by admin August 18, 2021
Business

Nando’s forced to close 50 restaurants due to supply chain disruptions

Nando’s has been forced to temporarily close around 50 restaurants after suffering chicken shortages due to supply chain disruptions across England, Wales, and Scotland. The peri-peri...

by admin August 17, 2021
Business

Job vacancies top one million as economy rebounds from crisis

The number of job vacancies has topped 1 million for the first time ever as the economy recovers from the pandemic, the Office for...

by admin August 17, 2021
Business

BT Pension Scheme wins tussle over stake in asset manager Hermes

Britain’s biggest private sector retirement scheme has won a tussle over the value of its remaining stake in Hermes, the prominent City asset manager....

by admin August 16, 2021
Business

Regulator asks for power to shut down ticket resale websites that break rules

Ticket re-sale sites such as viagogo and Stubhub should face a tough new licensing regime which could see companies that break the rules shut...

by admin August 16, 2021
Business

Electricity deals that might not be as ‘green’ as they seem to be reviewed by government

The way “green” electricity tariffs are sold to millions of households is to be reviewed by the government amid concerns that their environmental benefits...

by admin August 16, 2021
Business

Asda and National Express offer rewards for young people getting COVID jab

Asda and National Express are among a number of firms set to offer rewards to young people getting a COVID jab. Free Now taxis,...

by admin August 16, 2021
Business

Revealed: ExxonMobil, Shell and BP among oil companies paying negative tax in UK on some North Sea operations

Some of the world’s biggest oil companies are currently paying negative tax on their fossil fuel extraction and production operations in the North Sea....

by admin August 13, 2021
Business

Gatwick in talks to avoid further redundancies as furlough scheme nears end

Gatwick Airport has accused the government of failing to take advantage of the UK’s “world-leading” coronavirus vaccination programme while revealing “very low” passenger numbers....

by admin August 13, 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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