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Business

Business

Two-child benefit cap to be scrapped in Scotland under SNP’s budget plans

Scotland has vowed to scrap the two-child benefit cap, saying it will lift 15,000 Scottish children out of poverty. Scotland’s finance secretary Shona Robison...

by admin December 4, 2024
Two-child benefit cap to be scrapped in Scotland under SNP's budget plans
Business

Bank of England governor frets over impact of budget and Trump’s return

Business reaction to the budget is the “biggest issue” facing the Bank of England, according to its governor – while he also contemplates the...

by admin December 4, 2024
Bank of England governor frets over impact of budget and Trump's return
Business

South West Rail, c2c and Greater Anglia rail companies to be nationalised in 2025

The first three railway companies to be nationalised have been named as part of the new Labour government’s plan to bring rail into public...

by admin December 4, 2024
South West Rail, c2c and Greater Anglia rail companies to be nationalised in 2025
Business

Ford’s UK boss demands taxpayer incentives of thousands of pounds to drive electric future

Ford’s UK boss has called on the government to provide consumer incentives of up to £5,000 per car to boost demand for electric vehicles...

by admin December 3, 2024
Ford's UK boss demands taxpayer incentives of thousands of pounds to drive electric future
Business

Overhaul of official workforce data may take another two years – ONS

The Office for National Statistics (ONS) has admitted efforts to overhaul unreliable data on Britain’s jobs market may not be ready until 2027. The...

by admin December 3, 2024
Overhaul of official workforce data may take another two years - ONS
Business

Upmarket tapas chain Iberica on brink of collapse

A group of Spanish restaurants headed by a Michelin-starred chef is on the brink of collapse after filing a notice of intention to appoint...

by admin December 3, 2024
Upmarket tapas chain Iberica on brink of collapse
Business

Jaguar boss defends rebrand after backlash – as new electric car revealed

Jaguar wants “to be bold and disruptive” with its new electric car and redesign, the luxury vehicle maker’s managing director told Sky News. The...

by admin December 3, 2024
Jaguar boss defends rebrand after backlash - as new electric car revealed
Business

Motorists rev up £38m settlement in shipping cartel claim

Lawyers acting for British motorists who were charged inflated prices to deliver vehicles to the UK have agreed settlements worth £38m after a years-long...

by admin December 2, 2024
Motorists rev up £38m settlement in shipping cartel claim
Business

Vauxhall parent firm’s boss abruptly resigns – days after Luton plant announced closure

The chief executive of Vauxhall’s parent company has abruptly resigned, just days after the car brand’s factory in Luton was slated for closure. Previously...

by admin December 2, 2024
Vauxhall parent firm's boss abruptly resigns - days after Luton plant announced closure
Business

Typhoo Tea bought out of administration for millions

Typhoo Tea has been bought out of administration for £10.2m. Less than a week after administrators were appointed, a buyer confirmed plans to purchase...

by admin December 2, 2024
Typhoo Tea bought out of administration for millions
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
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World News
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  • US faces another Vietnam if it puts boots on the ground, Iran's deputy FM tells Sky NewsUS faces another Vietnam if it puts boots on the ground, Iran’s deputy FM tells Sky News
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