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Business

Thames Water bosses admit it can’t meet £190m April debt repayment and won’t meet targets in three-year plan

Bosses at Thames Water, the UK’s largest water provider, say the company does not have the money to repay a £190m loan bill due...

by admin December 13, 2023
Thames Water bosses admit it can't meet £190m April debt repayment and won't meet targets in three-year plan
Business

Real wage growth at highest level for 25 months as inflation eases

The big drop in the rate of inflation meant real wages were growing at their highest pace since September 2021 in the three months...

by admin December 12, 2023
Real wage growth at highest level for 25 months as inflation eases
Business

London rents forecast to rise at a slower pace than inflation in 2024

Rent rises are expected to half next year as asking prices for new rental properties have fallen, according to property website Zoopla. Rents across...

by admin December 12, 2023
 London rents forecast to rise at a slower pace than inflation in 2024
Business

Millennials hit by surging rent prices after biggest annual hike on record

Millennials face being trapped for longer on surging rents, according to a report charting the impact of rising bills on various generations. Estate agency...

by admin December 11, 2023
Millennials hit by surging rent prices after biggest annual hike on record
Business

Customers left in limbo as online dentistry firm Smile Direct Club shuts down

The online dentistry firm Smile Direct Club has shut down its global operations months after filing for bankruptcy in the US, leaving customers in...

by admin December 11, 2023
Customers left in limbo as online dentistry firm Smile Direct Club shuts down
Business

Gilbert’s AssetCo in talks to absorb parts of Rees-Mogg firm

The fund management group founded by Martin Gilbert, the City veteran, is in talks to absorb parts of the firm jointly founded by Sir...

by admin December 11, 2023
Gilbert’s AssetCo in talks to absorb parts of Rees-Mogg firm
Business

Shein holds talks with LSE to dangle prospect of London listing

The fast-fashion giant Shein has held talks with the London Stock Exchange about the possibility of staging a blockbuster public listing in the UK,...

by admin December 11, 2023
Shein holds talks with LSE to dangle prospect of London listing
Business

Mortgage lending to fall in 2024 with more households in arrears, bank body warns

Mortgage lending is set to fall in 2024, with repossessions and the number of households in arrears to increase, according to a forecast by...

by admin December 11, 2023
Mortgage lending to fall in 2024 with more households in arrears, bank body warns
Business

Baroness Michelle Mone admits mistake in denying links to PPE firm awarded huge COVID pandemic contracts

Baroness Michelle Mone says she regrets denying her connection to a PPE firm awarded huge contracts during the pandemic – and which is now...

by admin December 10, 2023
Baroness Michelle Mone admits mistake in denying links to PPE firm awarded huge COVID pandemic contracts
Business

Universities warn new immigration rules show Britain is ‘closing ranks’

New immigration rules could prevent universities from hiring the best international talent and send a message that the UK is “closing ranks”, higher education...

by admin December 9, 2023
Universities warn new immigration rules show Britain is 'closing ranks'
Business

Broadcaster GB News in talks to raise £30m from investors

GB News, the right-leaning current affairs broadcaster, is in talks to raise tens of millions of pounds even as it contends with a string...

by admin December 9, 2023
Broadcaster GB News in talks to raise £30m from investors
Business

Average two-year mortgage rate drops below 6% for first time in six months

The UK’s average two-year mortgage rate has dipped below 6% for the first time in nearly six months. The rate now sits at 5.99%,...

by admin December 8, 2023
Average two-year mortgage rate drops below 6% for first time in six months
Business

Microsoft’s multibillion-dollar OpenAI partnership examined by UK watchdog

Microsoft’s multibillion-dollar partnership with ChatGPT maker OpenAI could face investigation by the UK’s competition regulator. The tech giant is a major investor and strengthened...

by admin December 8, 2023
Microsoft's multibillion-dollar OpenAI partnership examined by UK watchdog
Business

UK’s largest mobile firms sued for £3bn – amid claims they overcharged loyal customers

Vodafone, EE, Three and O2 are facing a “£3bn-plus” class action claim that alleges they used their market dominance to overcharge on up to...

by admin December 8, 2023
UK's largest mobile firms sued for £3bn - amid claims they overcharged loyal customers
Business

‘Unreliability is creeping up’: What it’s like travelling on some of the worst rail routes for delays and cancellations

“The last thing I do before going to sleep at night is check the trains to see whether they’re running on time and then...

by admin December 7, 2023
'Unreliability is creeping up': What it's like travelling on some of the worst rail routes for delays and cancellations
Business

Cash use grows for first time in 10 years as people pay closer attention to household budgets

Cash usage has grown for the first time in a decade as households look to balance their budgets amid the cost-of-living squeeze. Across the...

by admin December 7, 2023
Cash use grows for first time in 10 years as people pay closer attention to household budgets
Business

UK citizens ‘will have fewer rights than migrants’ under new family visa rules, researchers say

New family visa rules could leave British citizens with a foreign partner facing greater restrictions on who they can live with than migrant workers,...

by admin December 7, 2023
UK citizens 'will have fewer rights than migrants' under new family visa rules, researchers say
Business

Five million more households yet to feel full rate hike burden, Bank of England warns

The Bank of England has said that UK households and businesses have been “resilient” in the face of rising interest rates – but repeated...

by admin December 6, 2023
Five million more households yet to feel full rate hike burden, Bank of England warns
Business

EU U-turns on Brexit electric vehicle tariff deadline

The European Union has bowed to demands from carmakers across Europe and the British government for a delay to the introduction of 10% export...

by admin December 6, 2023
EU U-turns on Brexit electric vehicle tariff deadline
Business

Coventry Building Society tables bid to remutualise Co-operative Bank

One of Britain’s biggest building societies has tabled a surprise takeover bid for the Co-operative Bank – a deal that would effectively remutualise one...

by admin December 6, 2023
Coventry Building Society tables bid to remutualise Co-operative Bank
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Recent Articles
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World News
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  • Gaza permanent ceasefire 'questionable', says Israeli governmentGaza permanent ceasefire ‘questionable’, says Israeli government
  • Donald Trump praises Liberian president's English - the country's official languageDonald Trump praises Liberian president’s English – the country’s official language
  • Christian Horner says Red Bull sacking came as a 'shock' in farewell speechChristian Horner says Red Bull sacking came as a ‘shock’ in farewell speech
  • Gaza permanent ceasefire 'questionable', says Israeli governmentGaza permanent ceasefire ‘questionable’, says senior Israeli official
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