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Business

Search continues for British tech tycoon Mike Lynch and Morgan Stanley International boss after yacht sinks in Sicily tornado

British tech tycoon Mike Lynch and his 18-year-old daughter are among six tourists missing after a luxury yacht sank in a tornado off the...

by admin August 20, 2024
Search continues for British tech tycoon Mike Lynch and Morgan Stanley International boss after yacht sinks in Sicily tornado
Business

Mike Lynch: British entrepreneur missing after Bayesian yacht sinks off Sicilian coast

British tech billionaire Mike Lynch is missing off Sicily’s coast after a yacht sank, Sky News understands. One person is dead and six others...

by admin August 19, 2024
Mike Lynch: British entrepreneur missing after Bayesian yacht sinks off Sicilian coast
Business

Housing market demand surges following interest rate cut

The housing market experienced a surge in activity following the Bank of England’s recent decision to cut interest rates, according to a leading property...

by admin August 19, 2024
Housing market demand surges following interest rate cut
Business

Ted Baker shops shut for good amid doubts over Frasers deal

Dozens of Ted Baker stores will shut for the last time this week amid growing doubts over a future licensing partnership with the retail...

by admin August 18, 2024
Ted Baker shops shut for good amid doubts over Frasers deal
Business

ASLEF union denies new government seen as ‘soft touch’ as fresh LNER strikes announced

ASLEF’s lead negotiator has denied the union sees the new government as a “soft touch” after announcing fresh strikes two days after train drivers...

by admin August 17, 2024
ASLEF union denies new government seen as 'soft touch' as fresh LNER strikes announced
Business

Six Nations backer CVC eyes stake in Grant Thornton UK arm

The private equity backer of Six Nations Rugby is plotting to buy a stake in one of Britain’s biggest audit firms – a deal...

by admin August 17, 2024
Six Nations backer CVC eyes stake in Grant Thornton UK arm
Business

Euro 2024 and summer discounts help boost retail sales – in latest sign of growing economy

British retailers saw sales rise last month after a boost from Euro 2024 and summer discounting, official figures show, in a further sign of...

by admin August 16, 2024
Euro 2024 and summer discounts help boost retail sales - in latest sign of growing economy
Business

More economic growth in UK economy – but election delayed business orders

The UK economy grew 0.6% over three months, official figures show.  But there was no growth at all in June, the Office for National...

by admin August 15, 2024
More economic growth in UK economy - but election delayed business orders
Business

Rail strikes could end following ‘major breakthrough’ as train drivers set to vote on new pay offer

There has been a “major breakthrough” in the long-running pay row involving train drivers, which could signal the end of national rail strikes, according...

by admin August 14, 2024
Rail strikes could end following 'major breakthrough' as train drivers set to vote on new pay offer
Business

Mars buys maker of Corn Flakes and Pringles for £28bn

Food giant Mars has announced it is buying snacks and cereal company Kellanova in a deal worth $36bn (£28bn). The mega-merger will unite brands...

by admin August 14, 2024
Mars buys maker of Corn Flakes and Pringles for £28bn
Business

UK CPI inflation reaches 2.2% – the first growth in more than six months

The pace at which prices are rising has sped up, according to official figures. The rate of inflation grew to 2.2% in July, up...

by admin August 14, 2024
UK CPI inflation reaches 2.2% - the first growth in more than six months
Business

Huel and Zoe ads banned over Dragons’ Den star endorsements

Online adverts for nutrition brands Huel and Zoe featuring Dragons’ Den star Steven Bartlett have been banned after they failed to disclose his involvement...

by admin August 14, 2024
Huel and Zoe ads banned over Dragons' Den star endorsements
Business

Starbucks suddenly replaces CEO after sales drop

Starbucks has suddenly replaced its chief executive after the company suffered a bigger-than-expected drop in sales. The coffee chain’s board announced on Tuesday that...

by admin August 13, 2024
Starbucks suddenly replaces CEO after sales drop
Business

Surprise fall in unemployment rate as wage growth slows down

Wages are still rising but at a slower pace as the unemployment rate surprisingly fell, according to official figures. Pay, excluding bonuses, grew by...

by admin August 13, 2024
Surprise fall in unemployment rate as wage growth slows down
Business

Grocery inflation rises for first time since March 2023 – as £10m spent on Euros final beer

Grocery inflation has risen for the first time since March 2023, according to closely watched industry data. Prices in food shops rose by 1.8%...

by admin August 13, 2024
Grocery inflation rises for first time since March 2023 - as £10m spent on Euros final beer
Business

90,000 fall in Heathrow passenger numbers blamed on ‘devastating’ new £10 travel permit

Heathrow Airport has claimed it has suffered a 90,000 decline in passenger numbers on routes affected by a new £10-per-person government scheme. Bosses described...

by admin August 13, 2024
90,000 fall in Heathrow passenger numbers blamed on 'devastating' new £10 travel permit
Business

Big question for BT after Indian billionaire snaps up stake

BT Group has swapped one billionaire shareholder for another. Sunil Bharti Mittal, the Indian billionaire, has announced his conglomerate Bharti Enterprises has bought the...

by admin August 12, 2024
Big question for BT after Indian billionaire snaps up stake
Business

Threat of rioting caused 10% nationwide drop in sales, UKHospitality says

The threat of more than 100 riots across the country led to a 10% drop in hospitality sales, an industry body has said. The...

by admin August 12, 2024
Threat of rioting caused 10% nationwide drop in sales, UKHospitality says
Business

Former PM Johnson sounded out about Telegraph role

Boris Johnson, the former prime minister, is being sounded out about an executive role with The Daily Telegraph in a move which could reunite...

by admin August 12, 2024
Former PM Johnson sounded out about Telegraph role
Business

FTSE 100 chief executive pay at record high

The heads of the UK’s most valuable companies are being paid more than ever before – with the average chief executive paid more than...

by admin August 12, 2024
FTSE 100 chief executive pay at record high
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Recent Articles
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World News
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