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Business

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
Business

Jaguar Land Rover to suspend production due to chip shortages

Jaguar Land Rover (JLR) has revealed that production at two of its UK manufacturing plants is to be suspended due to a shortage of...

by admin April 22, 2021
Business

Nearly 60% vow to fly less after getting COVID-19 vaccination

Nearly 60% of adults say they intend to fly less after being vaccinated against COVID-19 – with fears over spreading new variants of the...

by admin April 21, 2021
Business

House prices were rising at fastest pace since 2014 before stamp duty holiday extended

House prices rose at their fastest annual pace in more than six years in February, the month before the chancellor extended the stamp duty...

by admin April 21, 2021
Business

The rich revenues and huge debts behind the Super League

The 12 clubs that initially agreed to form a breakaway European super league are already among the richest and most prestigious in the world....

by admin April 20, 2021
Business

Premier League rejects Super League plans as PM says ‘no action is off the table’

The government is “exploring every possibility, including legislative options”, to stop the proposed European Super League, the prime minister has said. Speaking after talks...

by admin April 20, 2021
Business

Breakaway Super League a ‘spit in the face of football lovers’, UEFA chief says

Plans for a breakaway European Super League are a “spit in the face of all football lovers”, the president of UEFA has said. Aleksandr...

by admin April 19, 2021
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Recent Articles
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World News
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  • US Navy to escort oil tankers through Strait of Hormuz, treasury secretary tells Sky NewsUS Navy to escort oil tankers through Strait of Hormuz, treasury secretary tells Sky News
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