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Business

US giant AutoNation eyes driving seat at Inchcape UK

A New York-listed car dealer is plotting a bid for the UK operations of Inchcape. Sky News has learned that AutoNation, which has a...

by admin April 1, 2024
US giant AutoNation eyes driving seat at Inchcape UK
Business

Formula One-owner Liberty to unveil £3.5bn takeover of MotoGP

The owner of Formula One (F1) motor racing will unveil a £3.5bn takeover of MotoGP’s parent company early this week. Sky News has learnt...

by admin March 31, 2024
Formula One-owner Liberty to unveil £3.5bn takeover of MotoGP
Business

Chocolate prices could soar as changing climate patterns worsen cocoa crisis

This Easter, chocolate lovers will no doubt have noticed they had to pay more for their eggs. Now, the cost of chocolate could soar...

by admin March 30, 2024
Chocolate prices could soar as changing climate patterns worsen cocoa crisis
Business

Adnams open to sale as brewing sector faces funding squeeze

Adnams, one of the most historic names in British brewing, is to explore an outright sale amid a funding squeeze across the industry which...

by admin March 30, 2024
Adnams open to sale as brewing sector faces funding squeeze
Business

CBI extends overdraft in fresh move to shore up finances

The CBI, the business lobbying group, has negotiated an extension of its overdraft in a fresh move to shore up its balance sheet after...

by admin March 29, 2024
CBI extends overdraft in fresh move to shore up finances
Business

Horizon scandal: More than £1m claimed as Post Office ‘profit’ may have come from sub-postmasters

More than £1m of unexplained transactions were transferred in to Post Office profit at the height of the Horizon scandal, leaked documents have shown....

by admin March 28, 2024
Horizon scandal: More than £1m claimed as Post Office 'profit' may have come from sub-postmasters
Business

Thames Water shareholders blame Ofwat as they pull funding

Shareholders in troubled Thames Water have blamed Ofwat for not giving the “regulatory support” needed to help the company’s turnaround plan. The nine shareholders...

by admin March 28, 2024
Thames Water shareholders blame Ofwat as they pull funding
Business

Thames Water boss refuses to rule out bill increases of up to 40% to secure company’s future

The chief executive of Thames Water has refused to rule out bill increases of up to 40% for customers as the troubled company tries...

by admin March 28, 2024
Thames Water boss refuses to rule out bill increases of up to 40% to secure company's future
Business

Farage turns fire on Travers Smith over debanking report

The former UKIP leader Nigel Farage is demanding that a major City law firm discloses information that it holds about him, accusing it of...

by admin March 28, 2024
Farage turns fire on Travers Smith over debanking report
Business

Millions urged to read energy meters this weekend to avoid overpaying as price cap falls again

Millions of people are being urged to send meter readings to their energy supplier this weekend to ensure they don’t overpay. The regulator’s price...

by admin March 28, 2024
Millions urged to read energy meters this weekend to avoid overpaying as price cap falls again
Business

‘Modest’ £63 rise in statutory sick pay is overdue, MPs say

A “modest” increase in statutory sick pay (SSP) is overdue, according to a committee of MPs who say it must strike a balance between...

by admin March 28, 2024
'Modest' £63 rise in statutory sick pay is overdue, MPs say
Business

Thames Water directors hold crunch talks over utility’s future

The board of Thames Water was locked in crunch talks on Wednesday as shareholders prepare to dilute a pledge to inject funds into the...

by admin March 27, 2024
Thames Water directors hold crunch talks over utility's future
Business

Boohoo, ASOS and Asda sign new agreement as CMA urges fashion industry to review ‘green’ claims and practices

The competition regulator has urged UK fashion businesses to give accurate information about how environmentally friendly their clothes are after three fast-fashion firms signed...

by admin March 27, 2024
Boohoo, ASOS  and Asda sign new agreement as CMA urges fashion industry to review 'green' claims and practices
Business

Tom Hayes: First City trader jailed over Libor interest rate rigging loses appeal against 2015 conviction

The first City trader to be jailed for rigging Libor interest rates has lost his appeal against his 2015 conviction. Tom Hayes, 44, a...

by admin March 27, 2024
Tom Hayes: First City trader jailed over Libor interest rate rigging loses appeal against 2015 conviction
Business

Boohoo, ASOS and Asda sign new agreement as CMA urges fashion industry to review ‘green’ claims and practices

The competition regulator has urged UK fashion businesses to give accurate information about how environmentally friendly their clothes are after three fast-fashion firms signed...

by admin March 27, 2024
Boohoo, ASOS  and Asda sign new agreement as CMA urges fashion industry to review 'green' claims and practices
Business

Insurers warned again over values placed on written-off and stolen cars

Insurance companies have been told they must offer full value to settle claims relating to written-off and stolen cars after further “shortcomings” were found...

by admin March 27, 2024
Insurers warned again over values placed on written-off and stolen cars
Business

Spills of raw sewage into England’s rivers and seas are worst on record

Spills of raw sewage into England’s rivers and seas reached their worst on record last year. Discharges of untreated sewage by water companies doubled...

by admin March 27, 2024
Spills of raw sewage into England's rivers and seas are worst on record
Business

Barclays apologises to customers over issues with payments

Barclays has apologised after customers experienced difficulties with payments into and out of accounts, as well as with its app, telephone and online banking...

by admin March 27, 2024
Barclays apologises to customers over issues with payments
Business

AI ‘risks up to eight million UK job losses with low-skilled worst hit’, report warns

Up to eight million UK jobs are at risk from the rise of artificial intelligence (AI), according to a report warning that the low-skilled...

by admin March 27, 2024
AI 'risks up to eight million UK job losses with low-skilled worst hit', report warns
Business

First-time buyers’ mortgage with £5,000 deposit and £500k limit launched – but there are some restrictions

First-time buyers are being offered the chance to pay a modest £5,000 deposit and potentially borrow up to 99% of a property’s value. The...

by admin March 27, 2024
First-time buyers' mortgage with £5,000 deposit and £500k limit launched - but there are some restrictions
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