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Business

Business

AstraZeneca’s vaccine rollout nets $275m in sales – but drags on its profits

Today’s quarterly results from AstraZeneca are a very timely reminder that, for all the debate about the drug-maker’s involvement in the Oxford COVID vaccine,...

by admin April 30, 2021
Business

Virgin Atlantic boss says ‘no reason to delay’ return of UK-US travel as it posts £858m loss

The boss of Virgin Atlantic said there was “no reason to delay” the return of US-UK travel next month – as the carrier reported...

by admin April 30, 2021
Business

House prices rise at biggest monthly rate since 2004 after stamp duty holiday extension

House prices rose at their biggest monthly rate since 2004 in April after Rishi Sunak extended a holiday on stamp duty, according to new...

by admin April 30, 2021
Business

Housing market in Cornwall ‘gone completely crazy’ – adding to further strain on locals

The number of people looking to buy property in Cornwall has risen by more than 140% – the highest growth rate of any county...

by admin April 30, 2021
Business

Barclays shares fall despite profits surge and sunny outlook for UK economy

Barclays was given a thumbs down from the City despite a bumper rise in quarterly profits to £2.4bn and growing optimism about the UK’s...

by admin April 30, 2021
Business

Amazon’s profits more than tripled in the first three months of 2021

Amazon’s profit in the first three months of 2021 came in at $8.1bn (£5.8bn) – more than triple what it was in the same...

by admin April 29, 2021
Business

Natwest boss says bank would move HQ to London if Scotland votes for independence

State-backed lender Natwest has reported a sharp rise in profits as it followed rivals in clawing back some of the money set aside to...

by admin April 29, 2021
Business

Facebook warns of privacy policy hit to profits while Apple grapples with chip shortage

Facebook’s financial results have exceeded expectations but the company’s growth could decline significantly under Apple’s new privacy policies. The social network said its monthly...

by admin April 28, 2021
Business

Nestlé to cut almost 600 jobs as it closes UK factory and moves some production to Europe

Nestlé is to make almost 600 people redundant as it closes a factory in the UK and moves some of its production to Europe....

by admin April 28, 2021
Business

Premier Inn owner reports £1bn loss – but hopes to see ‘staycation’ boom

Premier Inn owner Whitbread has slumped to a £1bn annual loss – but hopes to benefit from a “staycation” boom over the summer. Revenues...

by admin April 27, 2021
Business

HSBC quarterly profits surge on improved UK economic outlook

HSBC’s profits have surged by a better than expected 79% to $5.8bn (£4.2bn) in the first quarter, largely thanks to an improved economic outlook...

by admin April 27, 2021
Business

Elon Musk eligible for $11bn options payout after Tesla sales soar

Elon Musk is eligible for two options payouts worth a combined $11bn (£7.9bn) after Tesla hit quarterly performance targets. The electric carmaker posted a...

by admin April 27, 2021
Business

UK economy forecast to see strongest annual growth since 1941

The UK is on course for its strongest annual growth since the Second World War after a resilient performance through latest lockdowns, according to...

by admin April 26, 2021
Business

Ex-Post Office chief Vennells quits Morrisons and Dunelm boards

Paula Vennells, the ex-Post Office chief executive, is quitting the boards of two major retailers days after her former employer was found culpable over...

by admin April 25, 2021
Business

FA chiefs kick off talks on Women’s Super League stake sale

Football bosses are kicking off talks about the future of the Women’s Super League (WSL) that could trigger a bidding war between private equity...

by admin April 24, 2021
Business

SoftBank SPAC maps path towards $2bn Mapbox merger

A ‘blank cheque’ company set up by the Japanese technology giant SoftBank is in talks to merge with a start-up which competes with the...

by admin April 23, 2021
Business

Super League lender JP Morgan admits it ‘clearly misjudged’ backlash from fans

Investment bank J P Morgan has admitted it “clearly misjudged” the backlash from football fans over the proposed new European Super League. The financial...

by admin April 23, 2021
Business

‘Red Knights’ demand Glazers loosen Manchester United grip after Super League row

Two of the City figures who led an attempt to prise Manchester United from the Glazer family’s control a decade ago have urged them...

by admin April 23, 2021
Business

Postmasters accused of theft due to faulty IT system have convictions overturned

Thirty nine sub-postmasters who were wrongly prosecuted by the Post Office have had their criminal convictions overturned. The appellants, some of whom were imprisoned...

by admin April 22, 2021
Business

Manufacturing outlook sunniest since 1973 as reopening boosts prospects

Britain’s economic reopening has helped create the strongest pick-up in optimism among manufacturers for nearly half a century, according to new figures. A balance...

by admin April 22, 2021
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Recent Articles
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World News
  • Woman shot dead in head as body bags show emerging picture of Iranian crackdownWoman shot dead in head as body bags show emerging picture of Iranian crackdown
  • Frightening ordeal as Sky News team forced into cars and camera seized - with dissent in China rising dramaticallyFrightening ordeal as Sky News team forced into cars and camera seized – with dissent in China rising dramatically
  • Five human heads found hanging at picturesque beachFive human heads found hanging at picturesque beach
  • -37C temperatures traps thousands of tourists in Finland-37C temperatures traps thousands of tourists in Finland
  • More than 500 killed in Iran, rights group says, as Trump and US military weighing 'strong options'More than 500 killed in Iran, rights group says, as Trump and US military weighing ‘strong options’
  • British skier killed in avalanche in French AlpsBritish skier killed in avalanche in French Alps
  • Iran's regime is more vulnerable than it has ever been, but Khamenei shows no sign of relentingIran’s regime is more vulnerable than it has ever been, but Khamenei shows no sign of relenting
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