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Business

Gas prices hit highest level since December due to cracked pipe

Wholesale costs for natural gas have hit their highest levels across Europe since December last year after key Norwegian export operations were shut down...

by admin June 3, 2024
Gas prices hit highest level since December due to cracked pipe
Business

Online fashion giant Shein to file prospectus for £50bn London float

Shein, the online fashion behemoth, is on the verge of taking a huge stride towards a London flotation that would value it at about...

by admin June 2, 2024
Online fashion giant Shein to file prospectus for £50bn London float
Business

Estate agency chain Fine and Country sold to London-listed group

The latest in a spate of corporate transactions in Britain’s estate agency sector will be unveiled this week when London-listed Property Franchise Group (TPFG)...

by admin June 2, 2024
Estate agency chain Fine and Country sold to London-listed group
Business

Ofwat hits ailing Thames Water with £40m fine over dividend payment

Britain’s biggest water company has been told it faces a fine of more than £40m over the payment of a shareholder dividend in spite...

by admin June 1, 2024
Ofwat hits ailing Thames Water with £40m fine over dividend payment
Business

Superdry wins reprieve as M&G drops challenge to rescue plan

Superdry, the struggling London-listed fashion chain, has received a reprieve after the owner of its flagship store towed back from a challenge to its...

by admin May 31, 2024
Superdry wins reprieve as M&G drops challenge to rescue plan
Business

Government brings ownership of NatWest to 22.5%

Life comes at you fast if you are the person responsible for maintaining the shareholder register at NatWest. Until last week, it was hoped...

by admin May 31, 2024
Government brings ownership of NatWest to 22.5%
Business

‘My mortgage lender is ending my two-year fix and I haven’t been in the house for two years – can they do this?’

Can a lender end your fixed-rate deal early? This was the crux of a question asked by Money blog reader Michelle from Kent… “I...

by admin May 31, 2024
'My mortgage lender is ending my two-year fix and I haven't been in the house for two years - can they do this?'
Business

Fancy dress brand Smiffys on brink after failing to find buyer

A fancy dress manufacturer which traces its roots back to the 19th century is on the brink of insolvency after failing to find a...

by admin May 31, 2024
Fancy dress brand Smiffys on brink after failing to find buyer
Business

House prices creep up as market shows ‘resilience’

The housing market is showing signs of “resilience” with prices rising slightly, according to new figures from the UK’s largest building society. Nationwide said...

by admin May 31, 2024
House prices creep up as market shows 'resilience'
Business

Labour’s Sir Keir Starmer vows to kick off clean energy plans ‘within months’ if party wins general election

Labour leader Sir Keir Starmer will vow on Friday to “get working within months to build clean power across the United Kingdom” if his...

by admin May 31, 2024
Labour's Sir Keir Starmer vows to kick off clean energy plans 'within months' if party wins general election
Business

Labour has launched its Great British Energy policy – do we need it?

The establishment of Great British Energy is among the last remnants of the ‘green prosperity plan’ devised and championed by Ed Miliband, the shadow...

by admin May 31, 2024
Labour has launched its Great British Energy policy - do we need it?
Business

Budweiser clarifies ‘100% renewable electricity’ claim on UK website after complaint to ASA

Budweiser has had to clarify a claim on its website that its beer is brewed using “100% renewable” energy after a complaint. The complaint...

by admin May 30, 2024
Budweiser clarifies '100% renewable electricity' claim on UK website after complaint to ASA
Business

Dr Martens targets £25m savings as profits plummet

Dr Martens has reported another sharp fall in profits following a “challenging year” for the business. The struggling company said global pre-tax profits in...

by admin May 30, 2024
Dr Martens targets £25m savings as profits plummet
Business

Disneyland: Performers who bring characters such as Mickey Mouse and Snow White to life form Magic United union

Workers posing as Disney favourites such as Mickey Mouse, Minnie Mouse and Snow White in California have formed a union – Magic United. There...

by admin May 30, 2024
Disneyland: Performers who bring characters such as Mickey Mouse and Snow White to life form Magic United union
Business

Royal Mail owner agrees to £3.6bn takeover by ‘Czech Sphinx’ Daniel Kretinsky

The owners of Royal Mail have agreed to a £3.6bn takeover bid by Czech billionaire Daniel Kretinsky. The company’s parent firm International Distribution Services...

by admin May 29, 2024
Royal Mail owner agrees to £3.6bn takeover by 'Czech Sphinx' Daniel Kretinsky
Business

UK has most expensive diesel in Europe as retailer margins remain above average – RAC says

UK drivers are paying the most for diesel in all of Europe, according to car and breakdown services company the RAC. The average cost...

by admin May 29, 2024
UK has most expensive diesel in Europe as retailer margins remain above average - RAC says
Business

Sunak business advisers stay neutral as election business row rages

Rishi Sunak’s committee of business advisers refused to publicly back the government’s economic policy record on Tuesday amid an escalating row over Labour’s efforts...

by admin May 28, 2024
Sunak business advisers stay neutral as election business row rages
Business

Post Office Horizon IT scandal: 80 detectives across UK set to investigate

The criminal investigation into the Post Office scandal is to be expanded, with 80 detectives set to be involved. The Metropolitan Police started examining...

by admin May 28, 2024
Post Office Horizon IT scandal: 80 detectives across UK set to investigate
Business

Inflation in UK shops now back at ‘normal levels’ – as prices for some items fall

The rate of price rises in UK shops has returned to “normal levels”, according to new industry figures. Overall annual shop price inflation eased...

by admin May 28, 2024
Inflation in UK shops now back at 'normal levels' - as prices for some items fall
Business

McLaren revs up board with appointment of former Rolls-Royce chief

The British supercar maker McLaren Group has bolstered its board with a trio of appointments including the former boss of Rolls-Royce Motor Cars. Sky...

by admin May 28, 2024
McLaren revs up board with appointment of former Rolls-Royce chief
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