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Business

New Post Office scandal report sparks call for ‘fast action’ as software is compared to Horizon

A lawyer representing people affected by a “second Post Office IT scandal” has said they “must not” have “a long, hard battle ahead for...

by admin September 30, 2024
New Post Office scandal report sparks call for 'fast action' as software is compared to Horizon
Business

How the end of coal in the UK and closure of Port Talbot steelworks are related

It’s a momentous day in UK industrial history, in two respects. But what have the closures of the last blast furnace at Port Talbot...

by admin September 30, 2024
How the end of coal in the UK and closure of Port Talbot steelworks are related
Business

BlackRock closes in on purchase of Thames Water contractor Lanes

An arm of BlackRock, the world’s biggest asset manager, is closing in on a takeover of a major contractor to Thames Water even as...

by admin September 30, 2024
BlackRock closes in on purchase of Thames Water contractor Lanes
Business

Murdoch-owned firm ends Rightmove takeover interest

An Australian property firm majority-owned by Rupert Murdoch’s News Corp has walked away from its takeover interest in Rightmove after a fourth bid was...

by admin September 30, 2024
Murdoch-owned firm ends Rightmove takeover interest
Business

Mike Ashley targets struggling Mulberry to avoid ‘another Debenhams situation’

Mike Ashley’s sprawling retail empire Frasers Group has revealed a takeover bid for Mulberry, the struggling luxury brand, claiming it wants to save the...

by admin September 30, 2024
Mike Ashley targets struggling Mulberry to avoid 'another Debenhams situation'
Business

Tata Steel: UK’s biggest steelworks to cease production after more than 100 years

The UK’s biggest steelworks will cease production today after more than 100 years, leading to thousands of job losses across South Wales. Blast Furnace...

by admin September 29, 2024
Tata Steel: UK's biggest steelworks to cease production after more than 100 years
Business

Applied Nutrition to unveil retail offer alongside £500m float

Ordinary investors will be given the chance to participate in a £500m flotation of Applied Nutrition, the fast-growing sports supplements maker, when it unveils...

by admin September 29, 2024
Applied Nutrition to unveil retail offer alongside £500m float
Business

Carlyle joins list of possible Thames Water rescue backers

Carlyle, the American investment giant, has become the latest global fund to weigh an investment in Thames Water as the stricken utility races to...

by admin September 28, 2024
BlackRock closes in on purchase of Thames Water contractor Lanes
Business

Former Missguided owner Alteri in talks to buy Kurt Geiger

A former owner of Missguided, the youth fashion brand, is in talks to buy Kurt Geiger, the upmarket shoe and accessories retailer. Sky News...

by admin September 28, 2024
Former Missguided owner Alteri in talks to buy Kurt Geiger
Business

Southern Water considering shipping supplies from Norway to UK due to drought fears

One of the UK’s largest water companies is considering shipping supplies from Norway to the UK. Southern Water said the idea was a “last-resort...

by admin September 27, 2024
Southern Water considering shipping supplies from Norway to UK due to drought fears
Business

Six Nations backer CVC plots trip with Loveholidays

The private equity giant which owns a stake in rugby’s Six Nations Championship is weighing a bid for a stake in one of Britain’s...

by admin September 27, 2024
Six Nations backer CVC plots trip with Loveholidays
Business

Boeing to meet union in bid to end crippling two-week strike

Boeing and union negotiators will meet later in a fresh bid to end strikes by workers that have hammered plane production, exacerbating the fallout...

by admin September 26, 2024
Boeing to meet union in bid to end crippling two-week strike
Business

Tankers carrying Russian gas face UK sanctions for first time

For the first time since Russia invaded Ukraine two and a half years ago, the UK has begun to sanction tankers carrying Russian liquefied...

by admin September 26, 2024
Tankers carrying Russian gas face UK sanctions for first time
Business

Brixham water contamination cost South West Water parent Pennon £16m

The fallout from parasite-contaminated water in part of Devon cost South West Water £16m, the utility has revealed. It had to implement a boil...

by admin September 26, 2024
Brixham water contamination cost South West Water parent Pennon £16m
Business

Judi Dench, John Cena and other celebrities to voice Meta AI chatbot

Dame Judi Dench, John Cena and Awkwafina will all voice Meta AI – the artificial intelligence being rolled out by Instagram and Facebook owner...

by admin September 26, 2024
Judi Dench, John Cena and other celebrities to voice Meta AI chatbot
Business

Train passengers receive Islamophobic messages after cyber attack

Train passengers at some of the country’s biggest rail stations have been hit by a “cyber security incident” which saw them exposed to Islamophobic...

by admin September 26, 2024
Train passengers receive Islamophobic messages after cyber attack
Business

Harrods boss apologises and says Mohamed al Fayed ‘presided over toxic culture of secrecy’ and ‘sexual misconduct’

The managing director of Harrods has accused his former boss Mohamed al Fayed of presiding over “a toxic culture of secrecy, intimidation, fear of...

by admin September 26, 2024
Harrods boss apologises and says Mohamed al Fayed 'presided over toxic culture of secrecy' and 'sexual misconduct'
Business

Jaguar Land Rover drives Halewood EV future with £500m investment

Jaguar Land Rover (JLR) has revealed a further £500m investment in its Halewood plant on Merseyside to bolster future production of all-electric cars at...

by admin September 26, 2024
Jaguar Land Rover drives Halewood EV future with £500m investment
Business

Post Office campaigner Sir Alan Bates threatens legal action over compensation delays

Post Office campaigner Sir Alan Bates has threatened legal action if financial redress for victims doesn’t come soon. Sir Alan, speaking after accepting a...

by admin September 25, 2024
Post Office campaigner Sir Alan Bates threatens legal action over compensation delays
Business

Morrisons strikes £370m property deal in bid to shrink debt pile

Morrisons, the supermarket chain, has struck a £370m deal to unlock value from its vast property portfolio as its owners seek to further shrink...

by admin September 25, 2024
Morrisons strikes £370m property deal in bid to shrink debt pile
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