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Business

Bahrain gains full control of McLaren Group in deal with minority investors

Bahrain’s sovereign wealth fund is gaining full ownership of McLaren Group, one of the most revered names in British premium manufacturing, as part of...

by admin December 19, 2023
Bahrain gains full control of McLaren Group in deal with minority investors
Business

Traffic grows in Red Sea as more shipping firms risk delays and increased costs by diverting routes

Shipping companies have cautiously welcomed the announcement of a US-led multinational naval force to fend off Red Sea attacks, but are still re-routing vessels...

by admin December 19, 2023
Traffic grows in Red Sea as more shipping firms risk delays and increased costs by diverting routes
Business

Superdry profit warning sends shares to record low

Superdry, the high street fashion retailer, has seen its market value hit a record low after it issued a profit warning. The company’s shares...

by admin December 19, 2023
Superdry profit warning sends shares to record low
Business

Asda reveals higher finance costs as boss defends debt structure

Asda faces increased interest payments of at least £30m from February as loans taken on by the billionaire Issa brothers to fund the £6.8bn...

by admin December 19, 2023
Asda reveals higher finance costs as boss defends debt structure
Business

Michael Gove confirms he cooperated with criminal inquiry into Mone PPE scandal

Michael Gove has cooperated with a National Crime Agency (NCA) inquiry into a firm linked to Baroness Michelle Mone. The minister said he wanted...

by admin December 19, 2023
Michael Gove confirms he cooperated with criminal inquiry into Mone PPE scandal
Business

Google to pay compensation to millions of US customers after Play Store court case

Google will pay out $700m (£550m) and allow more competition on its Play Store after it was accused of using illegal restrictions and overcharging...

by admin December 19, 2023
Google to pay compensation to millions of US customers after Play Store court case
Business

Transport for London gets £250m funding boost – with new trains set to be introduced

The government has announced it will put £250m into Transport for London (TfL) next year to invest in new projects. Among the plans, the...

by admin December 18, 2023
Transport for London gets £250m funding boost - with new trains set to be introduced
Business

Michelle Mone should not return to House of Lords, says minister after PPE controversy

Baroness Michelle Mone should “see sense” and not return to the House of Lords after she admitted she stands to financially gain from a...

by admin December 18, 2023
Michelle Mone should not return to House of Lords, says minister after PPE controversy
Business

Network Rail manager quits after thousands of passengers stranded on trains for hours

A Network Rail manager has resigned after thousands of passengers were stuck on cold, dark trains for hours in west London. Michelle Handforth, managing...

by admin December 18, 2023
Network Rail manager quits after thousands of passengers stranded on trains for hours
Business

BP pauses all shipments of oil through Red Sea after attacks by Houthi rebels

BP has announced it is pausing shipments of oil through the Red Sea after recent attacks on vessels by Houthi rebels. The oil giant...

by admin December 18, 2023
BP pauses all shipments of oil through Red Sea after attacks by Houthi rebels
Business

Edinburgh Airport owners pick banks to take flight with £2.5bn sale

The owners of Edinburgh Airport have picked bankers to launch an auction next year that could draw bids of £2.5bn. Sky News has learnt...

by admin December 17, 2023
Edinburgh Airport owners pick banks to take flight with £2.5bn sale
Business

Retail tycoon Ashley plots cut-price swoop on Matchesfashion

The high street billionaire Mike Ashley is in talks to buy Matchesfashion, the luxury clothing site, in a deal that would crystallise heavy losses...

by admin December 16, 2023
Retail tycoon Ashley plots cut-price swoop on Matchesfashion
Business

Computer programmers, butchers and chefs top the workers that might be missing in 2024

Software programmers, IT specialists and chefs could be in shorter supply when an increased minimum salary for skilled worker visas kicks in next year,...

by admin December 15, 2023
Computer programmers, butchers and chefs top the workers that might be missing in 2024
Business

Interest rate held at 5.25% for third time by Bank of England

The Bank of England has left interest rates on hold for the third successive meeting, insisting that it is determined to keep borrowing costs...

by admin December 14, 2023
BP pauses all shipments of oil through Red Sea after attacks by Houthi rebels
Business

Complaints about car finance and motor insurance hit five-year high as costs surge

The financial ombudsman has reported a surge in complaints about car finance and motor insurance, with each standing at a five-year high. The Financial...

by admin December 14, 2023
Complaints about car finance and motor insurance hit five-year high as costs surge
Business

Thames Water appoints new boss as pressure mounts on turnaround

Thames Water has appointed a new chief executive to lead its turnaround efforts amid growing pressure on the company over both its operational and...

by admin December 14, 2023
Thames Water appoints new boss as pressure mounts on turnaround
Business

UK signs deal with Japan and Italy to build next generation fighter jets in Britain

The UK has signed an international treaty with Japan and Italy to build the next generation of stealth fighter jet. The deal will see...

by admin December 14, 2023
UK signs deal with Japan and Italy to build next generation fighter jets in Britain
Business

Former BP boss stripped of £32m for ‘misleading’ board over workplace relationships

The former boss of BP will forfeit more than £32m in actual and potential pay for misleading its board about workplace relationships, the company...

by admin December 13, 2023
Former BP boss stripped of £32m for 'misleading' board over workplace relationships
Business

UK economy finds reverse gear with surprise decline in October

The UK economy took a surprise tumble in October, according to an early official estimate that showed a contraction of 0.3%. The Office for...

by admin December 13, 2023
UK economy finds reverse gear with surprise decline in October
Business

Entain chief executive quits after gambling firm’s £585m bribery probe payout

The chief executive of Entain, the parent firm of gambling brands including Ladbrokes and Coral, has quit with immediate effect just weeks after the...

by admin December 13, 2023
Entain chief executive quits after gambling firm's £585m bribery probe payout
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Recent Articles
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World News
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  • Lionesses went from sloppy to celebratory in nerve-shredding euros quarter-finalLionesses went from sloppy to celebratory in nerve-shredding euros quarter-final
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