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Business

Business

Inflation ‘comfortably’ above 5% next spring as energy bill hikes bite says BoE rate-setter

Inflation looks set to “comfortably exceed 5%” next spring as a likely energy bill hike for millions of households takes effect, the Bank of...

by admin December 6, 2021
Business

Costs and shortages hit growth outlook and Omicron could add further risk, CBI warns

The CBI has cut its forecasts for economic growth thanks to costs and shortages over recent months – and warned that the emergence of...

by admin December 6, 2021
Business

Ex-TSB CEO Pester joins fintech frenzy with money-sharing app

Paul Pester, the former TSB Bank chief executive, is joining Britain’s fintech frenzy by launching the first UK-based social networking app enabling friends and...

by admin December 5, 2021
Business

‘A devastating blow for tourism’: Pre-departure tests return for all UK arrivals amid Omicron concerns

Airline operators have said the return of pre-departure coronavirus tests for all international arrivals to the UK will be a “devastating blow for aviation...

by admin December 5, 2021
Business

Former BT chairman du Plessis in frame to chair audit watchdog

Jan du Plessis, the former chairman of BT Group and a host of other FTSE-100 companies, is a leading candidate to chair Britain’s audit...

by admin December 4, 2021
Business

Boots owner to explore sale of UK’s biggest high street chemist chain

The parent company of Boots, Britain’s biggest high street chemist, is to explore a sale of the business next year that could value it...

by admin December 3, 2021
Business

Bank of England rate hike supporter backtracks as Omicron threatens COVID fightback

A member of the Bank of England committee which sets interest rates has backtracked on his support for a hike, saying he wants to...

by admin December 3, 2021
Business

Six jobs where people are needed most as vacancies hit ‘record 3.5 million’

The number of job vacancies in the UK has hit a new record 3.5 million ahead of the Christmas peak according to a closely-watched...

by admin December 3, 2021
Business

EU fines banks including Barclays, NatWest and HSBC £293m over ‘Sterling Lads’ currency cartel

The EU has fined banks, including Barclays, NatWest and HSBC, a total of €344m (£293m) for roles in an alleged foreign exchange spot trading...

by admin December 2, 2021
Business

Novavax COVID jab manufacturer reveals £400m Teesside plant expansion

The company slated to manufacture tens of millions of Novavax coronavirus vaccines at its plant on Teesside has announced a £400m expansion plan for...

by admin December 1, 2021
Business

Bookings cancelled and plans changed as ‘chilling talk of Plan B’ hits hospitality sector

Business owners across the hospitality industry say COVID rule changes are already having a “chilling” impact on bookings. Many who have survived 20 months...

by admin December 1, 2021
Business

The cost of Christmas is going up as retailers pass on price pressures to shoppers

British households are facing a more expensive Christmas shop after labour shortages and surging costs pushed retail prices higher for the first time since...

by admin November 30, 2021
Business

UK competition regulator tells Meta to sell GIF library Giphy

Facebook’s owner Meta has been issued a legally binding order to sell the GIF library Giphy after an investigation found the takeover “could harm...

by admin November 30, 2021
Business

EasyJet sees softening of bookings amid omicron uncertainty as annual losses deepen

EasyJet has told investors it is expecting passenger numbers to return to pre-pandemic levels next summer despite uncertainty over the winter months ahead as...

by admin November 30, 2021
Business

‘Time for me to leave’: Twitter CEO Jack Dorsey resigns

Analysis: This isn’t a surprise By Ian King, Sky News business presenter It is no surprise to see Jack Dorsey stepping down as chief...

by admin November 29, 2021
Business

Deliveroo picks Goldman as broker despite US bank’s role on IPO flop

Deliveroo is close to naming Goldman Sachs as one of its new brokers, eight months after the Wall Street bank played a major role...

by admin November 28, 2021
Business

BA suspends Hong Kong flights after crew forced to quarantine

British Airways has confirmed it has temporarily suspended flights to and from Hong Kong after a crew member reportedly tested positive for COVID-19. The...

by admin November 28, 2021
Business

Holiday camp chain Butlin’s to be put up for sale amid staycations boom

The owner of Butlin’s is preparing to put it up for sale amid a boom in British staycations, sparking a potential bidding frenzy for...

by admin November 27, 2021
Business

Why fear of growth setback has spooked investors

News of a potentially fast-spreading new coronavirus variant has already triggered a violent reaction on markets and in a number of different asset classes....

by admin November 26, 2021
Business

FTSE 100 suffers worst day in over a year as virus variant spooks the market

More than £65bn was wiped off the UK stock market on Friday, reflecting fears that a new coronavirus variant could wreak further havoc on...

by admin November 26, 2021
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Recent Articles
  • Peter Mandelson-founded lobbying firm Global Counsel on brink of closurePeter Mandelson-founded lobbying firm Global Counsel on brink of closure
  • Norway’s Blastr latest to raise hopes of steelmaking future for UK | Mark Kleinman blog
  • Norwegian green steel group in running to buy major UK producerNorwegian green steel group in running to buy major UK producer
  • Microsoft Project Silica Can Preserve Terabytes of Data in Glass for 10,000 Years Without Power
  • British couple's 10 year Iran prison sentence left them in 'panic', says sonBritish couple’s 10 year Iran prison sentence left them in ‘panic’, says son
  • How US military is assembling within striking distance of IranHow US military is assembling within striking distance of Iran
  • Former South Korean president Yoon Suk Yeol handed life sentence after declaring martial law in 2024Former South Korean president Yoon Suk Yeol handed life sentence after declaring martial law in 2024
  • Toxic gas leak in Nigeria kills nearly 40 miners and leaves many more in hospital Toxic gas leak in Nigeria kills nearly 40 miners and leaves many more in hospital
  • Now 'even more important' Andrew gives evidence to US Congress, Harman says Now ‘even more important’ Andrew gives evidence to US Congress, Harman says
  • Lunar Surface Is Cracking as New Tectonic Map Reveals Recent Ridges Stretching Across the Moon, Study Suggests
World News
  • British couple's 10 year Iran prison sentence left them in 'panic', says sonBritish couple’s 10 year Iran prison sentence left them in ‘panic’, says son
  • How US military is assembling within striking distance of IranHow US military is assembling within striking distance of Iran
  • Former South Korean president Yoon Suk Yeol handed life sentence after declaring martial law in 2024Former South Korean president Yoon Suk Yeol handed life sentence after declaring martial law in 2024
  • Toxic gas leak in Nigeria kills nearly 40 miners and leaves many more in hospital Toxic gas leak in Nigeria kills nearly 40 miners and leaves many more in hospital
  • British couple's 10 year Iran prison sentence left them in 'panic', says sonBritish couple sentenced to 10 years in prison in Iran, family say
  • How the US military is assembling within striking distance of IranHow the US military is assembling within striking distance of Iran
  • UEFA investigating alleged racist abuse directed at Real Madrid's Vinicius JuniorUEFA investigating alleged racist abuse directed at Real Madrid’s Vinicius Junior
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