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Business

Tata Steel workers to hold ‘all-out indefinite strike’ in July, Unite says

Around 1,500 workers at Tata Steel will hold an “all-out indefinite strike” next month, a union has announced. The industrial action at the company’s...

by admin June 21, 2024
Tata Steel workers to hold  'all-out indefinite strike' in July, Unite says
Business

Former union boss George Thomson denies being ‘too close’ to Post Office as he gives evidence at inquiry

The former head of a union for sub-postmasters has denied it became “too close” to the Post Office and was “flush with money”. George...

by admin June 21, 2024
Former union boss George Thomson denies being 'too close' to Post Office as he gives evidence at inquiry
Business

Government net borrowing lower than forecast – but next chancellor ‘facing Pandora’s box’

Government borrowing was less than expected in May, new figures have revealed. Net borrowing – the difference between public sector spending and income –...

by admin June 21, 2024
Government net borrowing lower than forecast - but next chancellor 'facing Pandora's box'
Business

Retail sales up as better weather spurs rebound in clothes and furniture

Retail sales rose by a better-than-expected 2.9% in May as increased footfall, better weather and deals saw shoppers return to high streets, according to...

by admin June 21, 2024
Retail sales up as better weather spurs rebound in clothes and furniture
Business

Microsoft regains title of world’s most valuable public company from Nvidia

Microsoft has regained the title of the world’s most valuable public company just days after it was overtaken by one of its rivals. Computer...

by admin June 21, 2024
Microsoft regains title of world's most valuable public company from Nvidia
Business

TikTok warns of US ban without free speech court ruling

TikTok has launched a long-awaited legal fight to stop its Chinese owner being forced to sell the short video platform’s US operations, arguing it...

by admin June 20, 2024
TikTok warns of US ban without free speech court ruling
Business

Interest rates held at 5.25% by Bank of England for seventh time in a row

The Bank of England has held interest rates at 5.25% for the seventh time in a row. The decision to maintain the cost of...

by admin June 20, 2024
Interest rates held at 5.25% by Bank of England for seventh time in a row
Business

Future of new oil and gas projects in UK thrown into doubt after landmark Supreme Court decision

The future of new oil and gas projects in the UK has been thrown into doubt following a landmark decision by the Supreme Court....

by admin June 20, 2024
Future of new oil and gas projects in UK thrown into doubt after landmark Supreme Court decision
Business

A rate cut is coming but the election could have a role in delaying it

The Bank of England’s monetary policy committee (MPC) was never going to cut interest rates today. Not two weeks before a general election. Cutting...

by admin June 20, 2024
A rate cut is coming but the election could have a role in delaying it
Business

Sainsbury’s sells banking arm to NatWest

Sainsbury’s is to sell most of its banking business to NatWest. The high street lender will gain approximately one million new accounts from the...

by admin June 20, 2024
Sainsbury's sells banking arm to NatWest
Business

Care home operator Four Seasons plots £300m sale

A care home operator which once ranked among the largest in Britain is being put up for sale in a move expected to fetch...

by admin June 20, 2024
Care home operator Four Seasons plots £300m sale
Business

Boeing crash relatives seek $25bn fine for ‘deadliest corporate crime in US history’

Boeing should be fined almost $25bn (£19.6bn) and face criminal proceedings over two fatal 737 MAX 8 crashes, according to relatives of some of...

by admin June 19, 2024
Boeing crash relatives seek bn fine for 'deadliest corporate crime in US history'
Business

JP Morgan removes EU bonus cap for London-based staff

Wall Street’s biggest bank is lifting Brussels’ bonus cap for its London-based staff, weeks after rival Goldman Sachs fired the starting gun on a...

by admin June 19, 2024
JP Morgan removes EU bonus cap for London-based staff
Business

Melrose founders to list Rosebank in hunt for new industrial deals

The founders of Melrose Industries, one of Britain’s most prolific and lucrative investment groups, are preparing to list a new vehicle in London next...

by admin June 15, 2024
Melrose founders to list Rosebank in hunt for new industrial deals
Business

Post Office campaigner Alan Bates given knighthood – but insists there’s still ‘work to do’

Alan Bates, the campaigner who highlighted the Post Office scandal, will be given a knighthood after being recognised in the King’s Birthday Honours list....

by admin June 15, 2024
Post Office campaigner Alan Bates given knighthood - but insists there's still 'work to do'
Business

Latitude, Download and Isle of Wight festivals no longer sponsored by Barclays

Barclays will no longer sponsor Latitude, Download or Isle of Wight festivals after musicians and comedians dropped out in protest over the bank’s ties...

by admin June 14, 2024
Latitude, Download and Isle of Wight festivals no longer sponsored by Barclays
Business

Tesla shareholders approve Elon Musk’s huge pay package

Tesla shareholders have approved Elon Musk’s multi-billion-dollar pay package. The package is now worth $44bn (£34bn). The package was once as much as $56bn...

by admin June 14, 2024
Tesla shareholders approve Elon Musk's huge pay package
Business

Tesco sees food sales grow as inflation eases

Tesco says it has recorded a “strong” rise in retail sales in the latest quarter – buoyed by easing inflation. The UK’s largest supermarket...

by admin June 14, 2024
Tesco sees food sales grow as inflation eases
Business

JLR invests £1m to help police combat car thieves and allay owner concerns

Jaguar Land Rover is to invest more than £1m to help police tackle car thefts in the UK as part of ongoing efforts to...

by admin June 14, 2024
JLR invests £1m to help police combat car thieves and allay owner concerns
Business

Controversial Microsoft AI screenshot feature delayed over security concerns

Microsoft won’t be releasing its controversial AI Recall feature with the rest of its updates next week. The feature that takes screenshots of users’...

by admin June 14, 2024
Controversial Microsoft AI screenshot feature delayed over security concerns
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