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Business

Post Office inquiry: CEO Nick Read says he doesn’t need to clear his name after criticism

The outgoing boss of the Post Office has said he does not need to clear his name following criticism of his leadership over the...

by admin October 9, 2024
Post Office inquiry: CEO Nick Read says he doesn't need to clear his name after criticism
Business

£12bn Thames Water creditor group pitches rescue deal to Ofwat

Lenders holding £12bn of Thames Water’s debt have held face-to-face talks with Ofwat this week to pitch a rescue deal that they believe would...

by admin October 9, 2024
£12bn Thames Water creditor group pitches rescue deal to Ofwat
Business

Google faces threat of being broken up after US Justice Department warns of need to end ‘illegal monopoly’

US officials have confirmed they are considering breaking up Google’s “illegal monopoly” of internet searches. The tech giant could face restrictions on its own...

by admin October 9, 2024
Google faces threat of being broken up after US Justice Department warns of need to end 'illegal monopoly'
Business

Top City investors back ‘competitive’ FTSE pay amid London stock market fears

Investors managing more than £9trn in assets have backed a more “competitive” approach to British boardroom pay amid a growing debate about London’s attractiveness...

by admin October 8, 2024
Top City investors back 'competitive' FTSE pay amid London stock market fears
Business

Lord O’Neill to urge more state support for ‘credible’ university spinouts

A former Treasury minister will on Wednesday urge more government support for “credible” university spinout ventures as a glut of new vehicles try to...

by admin October 8, 2024
Lord O'Neill to urge more state support for 'credible' university spinouts
Business

Nandy to meet Premier League clubs amid ‘threat of civil war’

The culture secretary will hold talks with a group of Premier League clubs on Wednesday about the government’s plans for a football watchdog, even...

by admin October 8, 2024
Nandy to meet Premier League clubs amid 'threat of civil war'
Business

Water firms ordered by Ofwat to pay back customers more than £157m

Water firms in England and Wales have been ordered to return £157.6m to customers due to their poor performance. Ofwat said the money would...

by admin October 8, 2024
Water firms ordered by Ofwat to pay back customers more than £157m
Business

UK risks losing AI leadership without data strategy, government warned

The UK needs a strategy to meet growing demand for data centres or risk losing its advantage in the race to develop artificial intelligence...

by admin October 4, 2024
UK risks losing AI leadership without data strategy, government warned
Business

‘Criminal activity’ blamed for new UK cars entering sanctioned Russia

The boss of the UK motor industry’s lobby group has blamed “criminal activity” for UK-made luxury cars finding their way into sanction-hit Russia. The...

by admin October 4, 2024
'Criminal activity' blamed for new UK cars entering sanctioned Russia
Business

Government pledges £22bn for carbon capture and storage technology in net zero drive

The government has pledged nearly £22bn to fund projects that capture greenhouse gases from polluting plants and store them underground, as it races to...

by admin October 4, 2024
Government pledges £22bn for carbon capture and storage technology in net zero drive
Business

Car industry sounds warning as electric car sales stall

The UK car industry has warned its efforts to support the transition to electric vehicles cannot be sustained indefinitely as it faces fines for...

by admin October 4, 2024
Car industry sounds warning as electric car sales stall
Business

Tesco sees sales growth after focus on value and rise in premium shoppers

Tesco has said a focus on value amid the continuing squeeze on shoppers’ budgets has paid off through a rise in half-year profits. The...

by admin October 3, 2024
Tesco sees sales growth after focus on value and rise in premium shoppers
Business

Huge shift in interest rate predictions as Bank of England chief says cuts could be more ‘aggressive’

Financial markets are now pricing in a shock interest rate cut for the UK at the next Bank of England meeting following remarks by...

by admin October 3, 2024
Huge shift in interest rate predictions as Bank of England chief says cuts could be more 'aggressive'
Business

Fraud crackdown could see bank payments delayed by three days

Banks could be given extra time to investigate suspicious payments under an effort to curb fraud. The Treasury said proposed new laws would enable...

by admin October 3, 2024
Fraud crackdown could see bank payments delayed by three days
Business

Middle East conflict: Why oil prices are not surging ahead

Israel is fighting on at least four fronts, threatening a war across the oil-rich Middle East, but there is no great sense of fear...

by admin October 2, 2024
Middle East conflict: Why oil prices are not surging ahead
Business

US port strike poses fresh inflation risk

A prolonged strike by US port workers risks a new wave of freight-led inflation, according to experts. The walkout, at each of the 36...

by admin October 2, 2024
US port strike poses fresh inflation risk
Business

Saga in talks with Belgium’s Ageas about insurance arm deal

Saga, the London-listed financial services and travel provider for over-50s consumers, is in detailed talks with one of Europe’s biggest insurers about a deal...

by admin October 1, 2024
Saga in talks with Belgium's Ageas about insurance arm deal
Business

Post Office inquiry: Execs and government ‘dragged their feet’ on compensation, ex-chair Henry Staunton says

The Post Office was a “mess” run by executives and government appointees who “dragged their feet” in efforts to compensate and exonerate sub-postmasters, the...

by admin October 1, 2024
Post Office inquiry: Execs and government 'dragged their feet' on compensation, ex-chair Henry Staunton says
Business

Mulberry rejects Mike Ashley’s takeover bid

Mulberry, the struggling UK luxury brand, has rejected a proposed takeover bid by Mike Ashley’s Frasers Group. Frasers, which is majority owned by the...

by admin October 1, 2024
Mulberry rejects Mike Ashley's takeover bid
Business

eBay selling fees are scrapped to boost to reselling

Bosses at eBay have scrapped fees for private sellers across most categories. The online marketplace, which had already removed such fees for fashion earlier...

by admin October 1, 2024
eBay selling fees are scrapped to boost to reselling
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Recent Articles
  • Man admits arson after major fire at MP Sharon Hodgson's constituency officeMan admits arson after major fire at MP Sharon Hodgson’s constituency office
  • Why sacking Lucy Powell might come back to haunt StarmerWhy sacking Lucy Powell might come back to haunt Starmer
  • Calls for Starmer to publish security services' concerns about Mandelson's US appointmentCalls for Starmer to publish security services’ concerns about Mandelson’s US appointment
  • 'Bella Ciao' to 'OwO' - what do the engravings on the bullets in the Charlie Kirk shooting mean?‘Bella Ciao’ to ‘OwO’ – what do the engravings on the bullets in the Charlie Kirk shooting mean?
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  • At least 32 people killed as Israel intensifies airstrikes in Gaza City, medical staff sayAt least 32 people killed as Israel intensifies airstrikes in Gaza City, medical staff say
  • China warns UK and US after USS Higgins and HMS Richmond sail through Taiwan StraitChina warns UK and US after USS Higgins and HMS Richmond sail through Taiwan Strait
  • Jazz on Yankees' surge: 'We're the team to beat'Jazz on Yankees’ surge: ‘We’re the team to beat’
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World News
  • Donald Trump urges NATO countries to stop 'shocking' Russian oil purchases to end Ukraine warDonald Trump urges NATO countries to stop ‘shocking’ Russian oil purchases to end Ukraine war
  • At least 32 people killed as Israel intensifies airstrikes in Gaza City, medical staff sayAt least 32 people killed as Israel intensifies airstrikes in Gaza City, medical staff say
  • China warns UK and US after USS Higgins and HMS Richmond sail through Taiwan StraitChina warns UK and US after USS Higgins and HMS Richmond sail through Taiwan Strait
  • Charlie Kirk's widow pays tribute to 'perfect' husband and says her cries 'will echo around the world'Charlie Kirk’s widow pays tribute to ‘perfect’ husband and says her cries ‘will echo around the world’
  • Charlie Kirk suspect arrested after tip-off from fatherCharlie Kirk suspect arrested after tip-off from father
  • UK joins NATO operation to bolster Europe's eastern flank after Russian drone incursions into PolandUK joins NATO operation to bolster Europe’s eastern flank after Russian drone incursions into Poland
  • Russia-Belarus drills begin as tensions high after drone incursion in PolandRussia-Belarus drills begin as tensions high after drone incursion in Poland
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