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Business

Business

US chipmaker Qualcomm agrees takeover of UK’s Alphawave

US chipmaker Qualcomm has agreed a $2.4bn (£1.8bn) takeover of Alphawave – a deal set to result in another UK tech firm falling into...

by admin June 9, 2025
US chipmaker Qualcomm agrees takeover of UK's Alphawave
Business

The winners and losers in Rachel Reeves’s spending review

“It’s a big deal for this government,” says Simon Case. “It’s the clearest indication yet of what they plan to do between now and...

by admin June 9, 2025
The winners and losers in Rachel Reeves's spending review
Business

Farage to pledge to reopen blast furnaces in Port Talbot

Nigel Farage will pledge to reopen Port Talbot’s steel blast furnaces if in power in Wales, as his Reform UK party sets its sights...

by admin June 9, 2025
Farage to pledge to reopen blast furnaces in Port Talbot
Business

Buyout firms circle corporate intelligence firm G3

A corporate intelligence firm which employs Sir John Sawers, the former head of MI6, is closing in on a deal to sell a big...

by admin June 8, 2025
Buyout firms circle corporate intelligence firm G3
Business

River Island owners draw up rescue plan for high street chain

The family behind River Island, the high street fashion retailer, is drawing up a radical rescue plan which could put significant numbers of stores...

by admin June 7, 2025
River Island owners draw up rescue plan for high street chain
Business

Trade war: US hiring slows but employment resilient

The US economy saw a slowdown in hiring but no leap in unemployment last month as the impact of Donald Trump’s trade war continues...

by admin June 6, 2025
Trade war: US hiring slows but employment resilient
Business

Musk says Trump appears in Epstein files and $150bn wiped off Tesla’s value as row between them explodes

Elon Musk says Donald Trump appears in files relating to the disgraced paedophile financier Jeffrey Epstein. It’s the latest in a string of barbs...

by admin June 6, 2025
Musk says Trump appears in Epstein files and 0bn wiped off Tesla's value as row between them explodes
Business

Bonuses for water bosses end – as six firms found guilty of most serious pollution breaches

Bosses at six water companies have been banned from receiving bonuses for the last financial year under new legislation that comes into force on...

by admin June 5, 2025
Bonuses for water bosses end - as six firms found guilty of most serious pollution breaches
Business

Trump and China’s Xi have ‘very good’ phone call and agree to more talks amid trade war

Donald Trump and Xi Jinping have held a “very good” phone call amid their ongoing trade war, during which they agreed to more tariff...

by admin June 5, 2025
Trump and China's Xi have 'very good' phone call and agree to more talks amid trade war
Business

The big problem facing UK as deadline to finalise US trade deal looms

When push comes to shove, the question of whether British industry faces crippling tariffs on exports to the US or enjoys a unique opportunity...

by admin June 5, 2025
The big problem facing UK as deadline to finalise US trade deal looms
Business

Ministers to unveil revamped Whitehall investment hub

Ministers will this week unveil a revamp of the Whitehall investment hub that they hope will secure hundreds of billions of capital flows into...

by admin June 4, 2025
Ministers to unveil revamped Whitehall investment hub
Business

Post Office weighs asset sales or borrowing to meet postmaster pay target

The Post Office is considering selling assets or taking on new borrowings to help deliver an ambition to boost sub-postmasters’ pay by £120m this...

by admin June 4, 2025
Post Office weighs asset sales or borrowing to meet postmaster pay target
Business

Elon Musk calls Donald Trump-backed tax bill a ‘disgusting abomination’

Elon Musk has criticised US President Donald Trump’s tax and spending bill, calling it “outrageous” and a “disgusting abomination”. The bill, which includes multi-trillion-dollar...

by admin June 4, 2025
Elon Musk calls Donald Trump-backed tax bill a 'disgusting abomination'
Business

Trade war: UK exemption from 50% steel tariffs is conditional, Trump warns

The UK’s exemption from a doubling of duties on most US steel and aluminium imports is dependent on the ratification of May’s trade pact...

by admin June 4, 2025
Trade war: UK exemption from 50% steel tariffs is conditional, Trump warns
Business

Thames Water creditors line up McTighe to spearhead rescue deal

One of Britain’s top corporate troubleshooters is being lined up to spearhead a multibillion pound rescue of Thames Water after the company’s preferred bidder...

by admin June 3, 2025
Thames Water creditors line up McTighe to spearhead rescue deal
Business

Thames Water survival hopes suffer fresh blow

The private equity firm that had been the frontrunner to lead a rescue of the UK’s largest water provider – Thames Water – has...

by admin June 3, 2025
Thames Water survival hopes suffer fresh blow
Business

KKR abandoned Thames Water rescue despite No 10 talks with Kravis

The investment giant lined up to rescue Thames Water abandoned its offer days after talks took place involving one of its co-founders and Downing...

by admin June 3, 2025
KKR abandoned Thames Water rescue despite No 10 talks with Kravis
Business

Rachel Reeves threatens to sue Roman Abramovich over Chelsea FC sale proceeds

The chancellor and foreign secretary are threatening to take Roman Abramovich to court to seize the proceeds of his Chelsea FC sale. The Russian...

by admin June 3, 2025
Rachel Reeves threatens to sue Roman Abramovich over Chelsea FC sale proceeds
Business

Water industry: Commission finds five areas where ‘fundamental change’ is needed

“Interlocking failures” in the water sector across England and Wales can be fixed through fundamental reform in five key areas, according to a major...

by admin June 3, 2025
Water industry: Commission finds five areas where 'fundamental change' is needed
Business

Ex-BT chief Patterson sounded out about £300m Waves Audio float

A former BT Group chief is being lined up to steer an audio technology business used by many of the world’s leading musicians through...

by admin June 2, 2025
Ex-BT chief Patterson sounded out about £300m Waves Audio float
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