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Business

Business

Investment in Port Talbot cannot come soon enough, but it might be the last roll of the dice

Sajid Javid, Jacob Rees-Mogg, Greg Clark, Rishi Sunak, Grant Shapps and Kemi Badenoch: the list of Tory chancellors and business secretaries who have sought...

by admin September 3, 2023
Investment in Port Talbot cannot come soon enough, but it might be the last roll of the dice
Business

Mohamed Al Fayed: Former Harrods and Fulham FC owner has died at the age of 94

Mohamed Al Fayed has died at the age of 94. His family say he “passed away peacefully of old age” on Wednesday. Sky News...

by admin September 3, 2023
Mohamed Al Fayed: Former Harrods and Fulham FC owner has died at the age of 94
Business

Government in advanced talks over £500m Tata Steel aid package

The government is in advanced talks with Britain’s biggest steel producer to hand over a £500m aid package aimed at securing the long-term future...

by admin September 2, 2023
Government in advanced talks over £500m Tata Steel aid package
Business

Mohamed Fayed’s casual relationship with the truth held back his business achievements

Little has been heard from Mohamed Fayed during the last decade. He sold Harrods to Qatar Holdings as long ago as May 2010 and...

by admin September 1, 2023
Mohamed Fayed's casual relationship with the truth held back his business achievements
Business

Mohamed Al Fayed: Former Harrods and Fulham FC owner has died at the age of 94

Mohamed Al Fayed has died at the age of 94. Al Fayed’s passing comes just one day after the 26th anniversary of his son’s...

by admin September 1, 2023
Mohamed Al Fayed: Former Harrods and Fulham FC owner has died at the age of 94
Business

The UK actually fared much better after COVID than first thought – here’s why it matters

Comparing the UK economy with its pre-pandemic size has become an almost totemic way of highlighting its sluggish performance post-COVID. It has certainly been...

by admin September 1, 2023
The UK actually fared much better after COVID than first thought - here's why it matters
Business

Worse-than-expected fall in house prices as rate hikes hurt market

House prices fell by 5.3% in the year to August – a worse-than-expected drop, according to Nationwide. This means the typical home is now...

by admin September 1, 2023
Worse-than-expected fall in house prices as rate hikes hurt market
Business

Power cut compensation payments lifted after review of Storm Arwen response

The energy regulator has lifted maximum compensation payment levels available to households and businesses from storm-related power cuts. Ofgem said they could now claim...

by admin August 31, 2023
Power cut compensation payments lifted after review of Storm Arwen response
Business

UBS to cut 3,000 jobs in Switzerland despite huge profits from takeover of Credit Suisse

Swiss banking giant UBS has reported a record pre-tax profit of $29bn (£22.8bn) in the latest quarter following its takeover of Credit Suisse. The...

by admin August 31, 2023
UBS to cut 3,000 jobs in Switzerland despite huge profits from takeover of Credit Suisse
Business

Bank of England’s chief economist Huw Pill issues warning over interest rate rises

The Bank of England’s chief economist has warned there is a risk of “unnecessary damage” being inflicted if interest rates increase too much. Huw...

by admin August 31, 2023
Bank of England's chief economist Huw Pill issues warning over interest rate rises
Business

Google Pixel event: What to expect from search giant’s October hardware reveal

Google will reveal its latest rival to Apple’s iPhone at an event on 4 October. The search giant announced the date for its own...

by admin August 31, 2023
Google Pixel event: What to expect from search giant's October hardware reveal
Business

HMV owner Putman edges closer to rescue deal for bulk of Wilko

The owner of HMV is finalising a deal to rescue the majority of Wilko’s operations, salvaging more than 8,000 jobs at the stricken high...

by admin August 31, 2023
HMV owner Putman edges closer to rescue deal for bulk of Wilko
Business

UBS to cut 3,000 jobs in Switzerland despite huge profits from takeover of Credit Suisse

Swiss banking giant UBS has reported a record pre-tax profit of $29bn (£22.8bn) in the latest quarter following its takeover of Credit Suisse. The...

by admin August 31, 2023
UBS to cut 3,000 jobs in Switzerland despite huge profits from takeover of Credit Suisse
Business

Former Pru chief Fitzpatrick leads race to run St James’s Place

A former chief executive of Prudential is the leading candidate to become the next boss of St James’s Place (SJP), the FTSE-100 wealth manager....

by admin August 31, 2023
Former Pru chief Fitzpatrick leads race to run St James's Place
Business

Hundreds of job losses at Wilko confirmed as rescue bid collapses

Hundreds of job losses at Wilko have been confirmed after a bid to buy the entire business fell through. Administrators PwC said 269 roles...

by admin August 31, 2023
Hundreds of job losses at Wilko confirmed as rescue bid collapses
Business

Electrified models help power UK car production up by almost a third

The UK car industry has declared it is “recovering” after production last month rose by almost a third compared to a year ago. The...

by admin August 31, 2023
Electrified models help power UK car production up by almost a third
Business

GMB union warns job losses at Wilko ‘could be announced on Thursday’

Job losses at Wilko could be announced on Thursday after an offer to buy the entire business reportedly failed to “pass basic checks”, according...

by admin August 30, 2023
GMB union warns job losses at Wilko 'could be announced on Thursday'
Business

Mortgage approvals drop in further sign of housing market slowdown

Mortgage approvals dropped almost 10% last month, new Bank of England figures show. The net decrease – from 54,600 in June to 49,400 in...

by admin August 30, 2023
Mortgage approvals drop in further sign of housing market slowdown
Business

New Future chief ditches past with SmartBrief sale

The new chief executive of Future is to sever ties with its business-to-business operations in a signal of his plans for the owner of...

by admin August 30, 2023
New Future chief ditches past with SmartBrief sale
Business

Zoopla says number of UK property sales on track to fall to lowest level in a decade

The number of house and flat sales in the UK this year is set to be the lowest in a decade, according to new...

by admin August 30, 2023
Zoopla says number of UK property sales on track to fall to lowest level in a decade
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Recent Articles
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World News
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  • Russia's Victory Day parade felt more like a celebration of war than peaceRussia’s Victory Day parade felt more like a celebration of war than peace
  • Why Ukraine's European allies will be nervously watching VE Day events in Red SquareWhy Ukraine’s European allies will be nervously watching VE Day events in Red Square
  • Trade war: Trump floats China tariff cut to 80% ahead of talksTrade war: Trump floats China tariff cut to 80% ahead of talks
  • Why Ukraine's European allies will be nervously watching VE Day events in Red SquareWhy Ukraine’s European allies will be nervously watching VE Day events in Red Square
  • Pope Leo holds first mass - and says he hopes to help Church be a beacon of lightPope Leo holds first mass – and says he hopes to help Church be a beacon of light
  • Denmark's PM says 'you can't spy against an ally' after claims of US gathering intelligence on GreenlandDenmark’s PM says ‘you can’t spy against an ally’ after claims of US gathering intelligence on Greenland
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