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Business

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
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
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