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Business

Visa to hike fees for UK customers in post-Brexit move

The payments giant Visa is to hike fees for purchases made by UK-based customers from most of Europe – stoking fears of higher prices...

by admin March 16, 2021
Business

Energy bills: Households could net £65 payouts for supplier credit balance hoarding

The energy regulator has revealed a crackdown on household suppliers to prevent them hoarding credit balances for customers who pay by direct debit. Ofgem’s...

by admin March 16, 2021
Business

Net zero ‘not enough’ to combat climate change, Environment Agency warns

Focusing efforts on reducing emissions will not be enough to stop the climate change emergency, the Environment Agency chief executive has warned. Sir James...

by admin March 15, 2021
Business

Thorntons leaves 600 jobs at risk through town centre exit

Thorntons, the chocolate retailer, has announced plans to permanently close its entire UK store estate of 61 sites. The company said its decision, which...

by admin March 15, 2021
Business

All-stars advice platform Vintro eyes £20m for global expansion

An online platform that connects entrepreneurs to internationally renowned figures in fields such as business, sport and politics is seeking £20m to finance its...

by admin March 14, 2021
Business

Bitcoin’s record-breaking surge means one man ended up paying £440m for two pizzas

Bitcoin has surged to a new all-time high – with prices breaking £44,000 for the first time. Saturday’s spike came exactly one year after...

by admin March 14, 2021
Business

Virgin Atlantic close to landing fresh £160m support package

Sir Richard Branson’s Virgin Atlantic Airways is in talks with shareholders and creditors about a further £160m support package just six months after securing...

by admin March 13, 2021
Business

Nearly 50,000 businesses sign up to offer rapid coronavirus testing for their employees

Nearly 50,000 businesses have signed up for the government’s free workplace COVID tests, Health Secretary Matt Hancock has announced. The government claims this is...

by admin March 12, 2021
Business

All Bar One owner M&B faces investor pay backlash

The owner of All Bar One is facing a shareholder revolt over plans to bolster the guaranteed pay awards of its top executives amid...

by admin March 12, 2021
Business

Brexit knocks trade while lockdown pushes economy into reverse

The UK economy rediscovered a reverse gear in January as renewed coronavirus lockdowns knocked output while trade suffered a Brexit hit, according to official...

by admin March 12, 2021
Business

MPs call for adjudicator to stamp out abuses in UK fashion supply chain

MPs have urged the government to set up an adjudicator to stamp about abuses in the UK fashion supply chain – after hearing evidence...

by admin March 11, 2021
Business

John Lewis warns of more store closures as pandemic drives £517m annual loss

The John Lewis Partnership has revealed it does not expect to reopen all its department stores as coronavirus lockdowns are eased. The company, which...

by admin March 11, 2021
Business

UK data protection laws face reform to spur economy

The UK’s data protection laws face being reformed to be more business-friendly as the government aims to spur economic growth following the downturn caused...

by admin March 10, 2021
Business

Top cricket umpire fears £70k loss in lockdown investment scam

A former first-class cricketer and international umpire has told Sky News he fears he has lost more than £70,000 in a lockdown investment scam....

by admin March 10, 2021
Business

Scotland-N Ireland rail tunnel and air fares cut part of Johnson’s UK travel revolution

Radical plans to speed up travel around the UK – including a rail tunnel between Scotland and Northern Ireland – are being unveiled by...

by admin March 9, 2021
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