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Business

Business

Direct Line set to accept sweetened Aviva takeover bid

One of the UK’s biggest insurers could get even bigger as Direct Line looks set to accept a sweetened £3.61bn takeover bid from Aviva....

by admin December 6, 2024
Direct Line set to accept sweetened Aviva takeover bid
Business

Guardian signs controversial deal to sell The Observer to Tortoise Media

The owner of The Guardian is pressing ahead with the sale of the world’s oldest Sunday newspaper to a fledgling digital media company, just...

by admin December 6, 2024
Guardian signs controversial deal to sell The Observer to Tortoise Media
Business

The electric shock behind Europe’s stuttering EV future – and how China has leapfrogged major car-exporting nations

Across Europe, car companies are cutting jobs and shutting factories – to the extent that some question their very existence. So it’s worth asking...

by admin December 6, 2024
The electric shock behind Europe's stuttering EV future - and how China has leapfrogged major car-exporting nations
Business

UK’s electric vehicle market is doing better than you might think

To listen to UK car manufacturers in recent weeks has been to hear a counsel of despair over the electric vehicle market. Struggling to...

by admin December 5, 2024
UK's electric vehicle market is doing better than you might think
Business

Electric accounts for one in four new cars as industry demands sales help

Battery electric vehicles (BEVs) accounted for 25% of new car registrations in November, an almost 60% increase year-on-year and well above a government target...

by admin December 5, 2024
Electric accounts for one in four new cars as industry demands sales help
Business

Thames Water creditors fail to get veto over fine payments

Thames Water’s largest creditor group has failed to secure a veto over whether a £3bn emergency funding injection is used to settle regulatory fines...

by admin December 5, 2024
Thames Water creditors fail to get veto over fine payments
Business

UK biggest phone network created as Three-Vodafone merger gets conditional approval

The competition watchdog has approved the creation of the UK’s biggest phone network by allowing the merger of Three and Vodafone. Regulator the Competition...

by admin December 5, 2024
UK biggest phone network created as Three-Vodafone merger gets conditional approval
Business

Bitcoin hits $100,000 as Trump picks cryptocurrency fan to head financial watchdog

The world’s biggest cryptocurrency, Bitcoin, has been valued at more than $100,000 for the first time, spurred on by Donald Trump’s latest nomination for...

by admin December 5, 2024
Bitcoin hits 0,000 as Trump picks cryptocurrency fan to head financial watchdog
Business

Brian Thompson: Top healthcare boss murdered by gunman in face mask outside New York hotel

Police in New York are hunting a gunman who shot dead a healthcare executive outside a hotel in what was a “brazen targeted attack”....

by admin December 4, 2024
Brian Thompson: Top healthcare boss murdered by gunman in face mask outside New York hotel
Business

Parcel delivery giant Yodel hit by festive capacity crisis

One of Britain’s biggest parcel carriers has been hit by a capacity crisis at the start of the crunch festive trading period, forcing it...

by admin December 4, 2024
Parcel delivery giant Yodel hit by festive capacity crisis
Business

Two-child benefit cap to be scrapped in Scotland under SNP’s budget plans

Scotland has vowed to scrap the two-child benefit cap, saying it will lift 15,000 Scottish children out of poverty. Scotland’s finance secretary Shona Robison...

by admin December 4, 2024
Two-child benefit cap to be scrapped in Scotland under SNP's budget plans
Business

Bank of England governor frets over impact of budget and Trump’s return

Business reaction to the budget is the “biggest issue” facing the Bank of England, according to its governor – while he also contemplates the...

by admin December 4, 2024
Bank of England governor frets over impact of budget and Trump's return
Business

South West Rail, c2c and Greater Anglia rail companies to be nationalised in 2025

The first three railway companies to be nationalised have been named as part of the new Labour government’s plan to bring rail into public...

by admin December 4, 2024
South West Rail, c2c and Greater Anglia rail companies to be nationalised in 2025
Business

Ford’s UK boss demands taxpayer incentives of thousands of pounds to drive electric future

Ford’s UK boss has called on the government to provide consumer incentives of up to £5,000 per car to boost demand for electric vehicles...

by admin December 3, 2024
Ford's UK boss demands taxpayer incentives of thousands of pounds to drive electric future
Business

Overhaul of official workforce data may take another two years – ONS

The Office for National Statistics (ONS) has admitted efforts to overhaul unreliable data on Britain’s jobs market may not be ready until 2027. The...

by admin December 3, 2024
Overhaul of official workforce data may take another two years - ONS
Business

Upmarket tapas chain Iberica on brink of collapse

A group of Spanish restaurants headed by a Michelin-starred chef is on the brink of collapse after filing a notice of intention to appoint...

by admin December 3, 2024
Upmarket tapas chain Iberica on brink of collapse
Business

Jaguar boss defends rebrand after backlash – as new electric car revealed

Jaguar wants “to be bold and disruptive” with its new electric car and redesign, the luxury vehicle maker’s managing director told Sky News. The...

by admin December 3, 2024
Jaguar boss defends rebrand after backlash - as new electric car revealed
Business

Motorists rev up £38m settlement in shipping cartel claim

Lawyers acting for British motorists who were charged inflated prices to deliver vehicles to the UK have agreed settlements worth £38m after a years-long...

by admin December 2, 2024
Motorists rev up £38m settlement in shipping cartel claim
Business

Vauxhall parent firm’s boss abruptly resigns – days after Luton plant announced closure

The chief executive of Vauxhall’s parent company has abruptly resigned, just days after the car brand’s factory in Luton was slated for closure. Previously...

by admin December 2, 2024
Vauxhall parent firm's boss abruptly resigns - days after Luton plant announced closure
Business

Typhoo Tea bought out of administration for millions

Typhoo Tea has been bought out of administration for £10.2m. Less than a week after administrators were appointed, a buyer confirmed plans to purchase...

by admin December 2, 2024
Typhoo Tea bought out of administration for millions
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