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Business

Business

Surprise fall in unemployment rate as wage growth slows down

Wages are still rising but at a slower pace as the unemployment rate surprisingly fell, according to official figures. Pay, excluding bonuses, grew by...

by admin August 13, 2024
Surprise fall in unemployment rate as wage growth slows down
Business

Grocery inflation rises for first time since March 2023 – as £10m spent on Euros final beer

Grocery inflation has risen for the first time since March 2023, according to closely watched industry data. Prices in food shops rose by 1.8%...

by admin August 13, 2024
Grocery inflation rises for first time since March 2023 - as £10m spent on Euros final beer
Business

90,000 fall in Heathrow passenger numbers blamed on ‘devastating’ new £10 travel permit

Heathrow Airport has claimed it has suffered a 90,000 decline in passenger numbers on routes affected by a new £10-per-person government scheme. Bosses described...

by admin August 13, 2024
90,000 fall in Heathrow passenger numbers blamed on 'devastating' new £10 travel permit
Business

Big question for BT after Indian billionaire snaps up stake

BT Group has swapped one billionaire shareholder for another. Sunil Bharti Mittal, the Indian billionaire, has announced his conglomerate Bharti Enterprises has bought the...

by admin August 12, 2024
Big question for BT after Indian billionaire snaps up stake
Business

Threat of rioting caused 10% nationwide drop in sales, UKHospitality says

The threat of more than 100 riots across the country led to a 10% drop in hospitality sales, an industry body has said. The...

by admin August 12, 2024
Threat of rioting caused 10% nationwide drop in sales, UKHospitality says
Business

Former PM Johnson sounded out about Telegraph role

Boris Johnson, the former prime minister, is being sounded out about an executive role with The Daily Telegraph in a move which could reunite...

by admin August 12, 2024
Former PM Johnson sounded out about Telegraph role
Business

FTSE 100 chief executive pay at record high

The heads of the UK’s most valuable companies are being paid more than ever before – with the average chief executive paid more than...

by admin August 12, 2024
FTSE 100 chief executive pay at record high
Business

Global IT outage hits companies around the as planes grounded and train services affected

Businesses including banks, airlines, train companies, telecommunications companies, TV and radio broadcasters, and supermarkets have been taken offline following a mass global outage. Major...

by admin July 19, 2024
Global IT outage hits companies around the as planes grounded and train services affected
Business

Post Office scandal accountability lies with govt, minister says – as inquiry audience groans at Lib Dem leader

A senior minister has told the Post Office Horizon IT Inquiry that accountability for the scandal lies with the government, while the leader of...

by admin July 18, 2024
Post Office scandal accountability lies with govt, minister says - as inquiry audience groans at Lib Dem leader
Business

‘Global payments issue’ hits transactions including house purchases, Bank of England says

The Bank of England has revealed disruption to some major financial transactions due to a “global payments issue”. In a statement, the Bank said...

by admin July 18, 2024
'Global payments issue' hits transactions including house purchases, Bank of England says
Business

Wages grew at the fastest rate since August 2021 when measured against inflation

Wage rises have slowed, official figures show, potentially signalling good news for those hoping for a fall in the cost of borrowing. But pay...

by admin July 18, 2024
Wages grew at the fastest rate since August 2021 when measured against inflation
Business

Inflation rate remains at Bank of England’s 2% target rate

There has been no change to the rate of inflation which remained at 2%, the target rate for the Bank of England, according to...

by admin July 17, 2024
Inflation rate remains at Bank of England's 2% target rate
Business

‘Just the beginning’: GMB launches legal action against Amazon as workers lose union vote

Amazon workers have failed to achieve enough support for union recognition in the UK, the results of a landmark ballot have shown. More than...

by admin July 17, 2024
'Just the beginning': GMB launches legal action against Amazon as workers lose union vote
Business

British millionaire close to agreeing deal to buy The Body Shop out of administration

A deal to buy The Body Shop has come closer to being agreed, the administrators have announced. The high street cosmetics chain went into...

by admin July 17, 2024
British millionaire close to agreeing deal to buy The Body Shop out of administration
Business

Bank of England economists will not be panicking over inflation data – as ‘Taylor Swift effect’ appears minor

There is nothing in today’s inflation data that will cause the nine policymakers who decide UK interest rates to panic. The overall CPI inflation...

by admin July 17, 2024
Bank of England economists will not be panicking over inflation data - as 'Taylor Swift effect' appears minor
Business

Inflation rate remains at Bank of England’s target rate

There has been no change to the rate of inflation which remained at 2%, the target rate for the Bank of England, according to...

by admin July 17, 2024
Inflation rate remains at Bank of England's target rate
Business

Elon Musk says California gender ID law ‘final straw’ as he moves HQs to Texas

Elon Musk has said California’s new gender identification law was the “final straw” and that he is moving the SpaceX and X headquarters to...

by admin July 17, 2024
Elon Musk says California gender ID law 'final straw' as he moves HQs to Texas
Business

UK economy to grow faster than expected but short of Labour pledge, IMF says

The International Monetary Fund has confirmed that it is expecting the UK economy to grow faster than previously expected this year. The Washington-based fund,...

by admin July 16, 2024
UK economy to grow faster than expected but short of Labour pledge, IMF says
Business

Cineworld kicks off talks with landlords about closure plan

Cineworld has opened talks with some of Britain’s biggest commercial landlords about its plans to axe up to a quarter of its British cinema...

by admin July 16, 2024
Cineworld kicks off talks with landlords about closure plan
Business

Tiger Global in talks to lead $500m Revolut share deal

One of the world’s most prolific investors in technology companies is in talks to lead a new investment round at Revolut, the British-based fintech....

by admin July 16, 2024
Tiger Global in talks to lead 0m Revolut share deal
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Recent Articles
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World News
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  • Former Pakistan PM Imran Khan healthy but isolated in jail, his sister saysFormer Pakistan PM Imran Khan healthy but isolated in jail, his sister says
  • Imran Khan vs the military: What's just happened in Pakistan?Imran Khan vs the military: What’s just happened in Pakistan?
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