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Business

Business

HSBC Holdings to kick off search for next chairman

HSBC Holdings, one of Britain’s biggest high street banks and Europe’s largest lender by market value, is preparing to kick off a hunt for...

by admin November 30, 2024
HSBC Holdings to kick off search for next chairman
Business

Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm

Around half the UK’s mortgage holders face paying higher rates over the next three years, the Bank of England has warned, while sounding alarm...

by admin November 29, 2024
Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm
Business

Investors do well by Jove with £3.6m insurtech investment

A British insurance company which covers contractors when they undertake work in multiple countries has raised more than £3.5m in funding to help accelerate...

by admin November 29, 2024
Investors do well by Jove with £3.6m insurtech investment
Business

M&S and Kingfisher among suitors circling Homebase stores

Marks & Spencer (M&S) and the owner of B&Q have expressed an interest in taking over dozens of stores operated by Homebase, the DIY...

by admin November 28, 2024
M&S and Kingfisher among suitors circling Homebase stores
Business

Latest sign of struggling industry as car production falls for eighth month in a row – SMMT

UK car production has slowed, according to industry figures, in the latest sign of a struggling sector. For the eighth month in a row...

by admin November 28, 2024
Latest sign of struggling industry as car production falls for eighth month in a row - SMMT
Business

FCA to give companies extra 48 hours in ‘name and shame’ compromise

The City watchdog is to give companies it is investigating an additional window to contest allegations as it seeks to defuse the months-long row...

by admin November 27, 2024
FCA to give companies extra 48 hours in 'name and shame' compromise
Business

Supermarket loyalty prices offer genuine savings, regulator rules

Supermarket loyalty schemes offer genuine savings for shoppers, according to the competition regulator following an investigation into claims of price manipulation. The Competition and...

by admin November 27, 2024
Supermarket loyalty prices offer genuine savings, regulator rules
Business

Airports join budget backlash with warning of business rates ‘catastrophe’

Britain’s biggest airports are joining the growing private sector backlash against Rachel Reeves’s budget, warning that a £1bn business rates bill for the industry...

by admin November 27, 2024
Airports join budget backlash with warning of business rates 'catastrophe'
Business

Post Office scandal: Daughter of victim, who was investigated as she fought cancer, calls on Fujitsu for compensation

The daughter of a Post Office victim who was investigated while fighting terminal cancer says it’s time Fujitsu “took responsibility” on compensation. Katie Watson’s...

by admin November 27, 2024
Post Office scandal: Daughter of victim, who was investigated as she fought cancer, calls on Fujitsu for compensation
Business

Vauxhall Luton factory to close – putting more than 1,100 jobs at risk

Vauxhall will close its Luton plant in April, the parent company Stellantis announced. More than 1,100 jobs at the van-making factory are at risk,...

by admin November 26, 2024
Vauxhall Luton factory to close - putting more than 1,100 jobs at risk
Business

Donald Trump threatens sweeping new tariffs on Mexico, Canada and China on first day in office

Donald Trump has threatened sweeping new tariffs on Mexico, Canada and China on his first day in office. The president-elect, who takes office on...

by admin November 26, 2024
Donald Trump threatens sweeping new tariffs on Mexico, Canada and China on first day in office
Business

Extra NHS capacity and Jobcentre reforms at heart of Labour’s plan to ‘get Britain working’

Jobcentre reform will be at the centre of the Labour government’s plans to “get Britain working again”. Tackling the increasing number of people out...

by admin November 25, 2024
Extra NHS capacity and Jobcentre reforms at heart of Labour's plan to 'get Britain working'
Business

Chancellor Rachel Reeves promises she will not raise taxes again

There will be no more tax rises or borrowing for the duration of this government’s term, Chancellor Rachel Reeves has said. She told business...

by admin November 25, 2024
Chancellor Rachel Reeves promises she will not raise taxes again
Business

First rise in rate of shop inflation in 17 months – British Retail Consortium

The trend of shop prices falling may be reversing as businesses face higher costs, according to industry data. The pace of price drops slowed...

by admin November 25, 2024
First rise in rate of shop inflation in 17 months - British Retail Consortium
Business

ITV back in spotlight as suitors screen potential bids

Potential suitors have again begun circling ITV, Britain’s biggest terrestrial commercial broadcaster, after a prolonged period of share price weakness and renewed questions about...

by admin November 23, 2024
ITV back in spotlight as suitors screen potential bids
Business

Ann Summers’ family owners to explore options for lingerie chain

The family which has owned Ann Summers, the lingerie and sex toy retailer, for more than half a century is to explore options for...

by admin November 23, 2024
Ann Summers' family owners to explore options for lingerie chain
Business

Thousands of jobs to go at Bosch in latest blow to German car industry

Bosch will cut up to 5,500 jobs as it struggles with slow electric vehicle sales and competition from Chinese imports. It is the latest...

by admin November 22, 2024
Thousands of jobs to go at Bosch in latest blow to German car industry
Business

Cambridge college puts O2 arena lease up for sale

Cambridge University’s wealthiest college is putting the long-term lease of London’s O2 arena up for sale. Sky News has learnt that Trinity College has...

by admin November 22, 2024
Cambridge college puts O2 arena lease up for sale
Business

Apax leads £500m battle to revive name of accountancy firm Smith & Williamson

Apax Partners is leading the race to buy the accountancy arm of Evelyn Partners – a move expected to revive one of the sector’s...

by admin November 22, 2024
Apax leads £500m battle to revive name of accountancy firm Smith & Williamson
Business

Surprise fall in retail sales a sign economy is slowing

Budget fears and unseasonably warm weather led to consumers spending far less than expected last month, according to official figures. In a sign of...

by admin November 22, 2024
Surprise fall in retail sales a sign economy is slowing
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World News
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