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Business

Business

Darktrace float to crystallise £20m stake for chief Gustafsson

Cyber security company Darktrace will on Monday fire the starting gun on a £3bn London flotation – crystallising a stake worth tens of millions...

by admin April 11, 2021
Business

Post Office chief delivers plan to share profits with postmasters

The government should explore plans to turn the Post Office into a profit-sharing business, allowing postmasters to participate in the future financial success of...

by admin April 11, 2021
Business

Landlords park tanks on NCP’s lawn as restructuring battle looms

The UK’s most influential commercial property organisation is wading into a battle over the future of the Japanese-owned car park operator NCP. Sky News...

by admin April 10, 2021
Business

One of UK’s wealthiest businessmen plans £300m bid for DIY chain Homebase

One of Britain’s wealthiest businessmen is assembling a £300m takeover bid for Homebase, the DIY chain which has been revived from the brink of...

by admin April 10, 2021
Business

Fears for future of Stanlow oil refinery amid urgent financing talks

The owner of the vast Stanlow oil refinery in north-west England is in urgent talks about its future amid growing concern that it could...

by admin April 9, 2021
Business

Jet2 suspends flights and holidays until late June due to uncertainty over government travel plans

Jet2’s chief executive says the travel company will suspend flights and holidays until at least 23 June due to uncertainty over the government’s travel...

by admin April 9, 2021
Business

Is now the time to enter the aviation market? Two new US airlines think so

Most airlines have struggled during the coronavirus pandemic, but two newbies are bravely planning to enter the US market in the coming months. Avelo...

by admin April 8, 2021
Business

Co-op to pay bonuses despite withholding £65m in state funds

The Co-op Group is to hand annual bonuses to senior executives despite refusing to repay £65m in business rates relief it received from the...

by admin April 8, 2021
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
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Recent Articles
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  • Meta to unveil Hypernova smart glasses with a display, wristband at Connect next monthMeta to unveil Hypernova smart glasses with a display, wristband at Connect next month
  • Google shares rise on report of Apple using Gemini for SiriGoogle shares rise on report of Apple using Gemini for Siri
World News
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  • Suspect arrested over Nord Stream attacks served in Ukraine's army, Sky News understandsSuspect arrested over Nord Stream attacks served in Ukraine’s army, Sky News understands
  • What's it like with the National Guard on the streets of DC?What’s it like with the National Guard on the streets of DC?
  • It's been a confusing week - and Trump's been made to look weakIt’s been a confusing week – and Trump’s been made to look weak
  • At least 17 dead in Colombia after car bombing and helicopter attackAt least 17 dead in Colombia after car bombing and helicopter attack
  • Viral YouTuber on the path to become one of football's most powerful menViral YouTuber on the path to become one of football’s most powerful men
  • Israel to continue with Gaza City offensive despite talks to free Hamas hostagesIsrael to continue with Gaza City offensive despite talks to free Hamas hostages
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