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Business

Business

NatWest poised to cancel bulk of Rose’s potential £10m payoff

NatWest Group is to scrap the bulk of a possible £10m-plus payout to Dame Alison Rose, its former chief executive, as it tries to...

by admin November 9, 2023
NatWest poised to cancel bulk of Rose's potential £10m payoff
Business

Fuel prices: Regulator expresses ‘concern about the intensity of competition’

A regulator has outlined concerns about the “intensity of competition” between fuel retailers. In its first monitoring update since finding that drivers were overcharged...

by admin November 9, 2023
Fuel prices: Regulator expresses 'concern about the intensity of competition'
Business

Greenpeace facing £7m ‘intimidation’ lawsuit over at-sea Shell protest

Greenpeace has hit out at Shell, accusing the company of trying to silence its activists’ campaigning at sea or in port in return for...

by admin November 9, 2023
Greenpeace facing £7m 'intimidation' lawsuit over at-sea Shell protest
Business

Major energy suppliers to pay £10.8m for not meeting smart meter targets

The UK’s largest household energy suppliers are to pay a combined penalty of almost £11m for not meeting the industry regulator’s 2022 targets for...

by admin November 9, 2023
Major energy suppliers to pay £10.8m for not meeting smart meter targets
Business

China returns to deflation as economy faces challenges on many fronts

Official figures in China have shown a return to deflation as the world’s second largest economy battles a series of challenges . The National...

by admin November 9, 2023
China returns to deflation as economy faces challenges on many fronts
Business

US actors’ union agrees deal to end longest strike in Hollywood history

US actors’ union SAG-AFTRA has agreed a “tentative deal” with Hollywood studio bosses to end a 118-day strike. The longest walkout in the union’s...

by admin November 9, 2023
US actors' union agrees deal to end longest strike in Hollywood history
Business

British Steel to shut down blast furnaces at Scunthorpe plant ‘leaving 2,000 jobs at risk’

British Steel has revealed a decarbonisation plan that could result in the loss of 2,000 jobs in Scunthorpe, according to unions. The Chinese-owned company...

by admin November 6, 2023
British Steel to shut down blast furnaces at Scunthorpe plant 'leaving 2,000 jobs at risk'
Business

Average Ryanair fares up 24% – as company forecasts record profits

Ryanair has reported a surge in fares – as a record number of passengers flew with the airline over the summer. Compared to a...

by admin November 6, 2023
Average Ryanair fares up 24% - as company forecasts record profits
Business

Watchdog apologises to ex-NatWest boss Alison Rose for suggesting she breached data rules over Farage bank details

The UK information regulator has apologised to the former NatWest chief executive Dame Alison Rose, who resigned after discussing the banking affairs of Nigel...

by admin November 6, 2023
Watchdog apologises to ex-NatWest boss Alison Rose for suggesting she breached data rules over Farage bank details
Business

16m Britons have missed payments on crucial bills this year – 2m of them for the first time

More than 16 million people have missed payments on key household bills this year – two million of them for the first time. The...

by admin November 6, 2023
16m Britons have missed payments on crucial bills this year - 2m of them for the first time
Business

England striker Ollie Watkins aims to score with backing for sneaker platform

The England footballer Ollie Watkins is among a group of investors ploughing new funds into a fast-growing British online sneaker and streetwear marketplace. Sky...

by admin November 5, 2023
England striker Ollie Watkins aims to score with backing for sneaker platform
Business

Seafood sold in UK supermarkets may have a dark side – here’s why

Seafood allegedly produced using the forced labour of Uyghur people in China may have been sold at Iceland – and could be on sale...

by admin November 5, 2023
Seafood sold in UK supermarkets may have a dark side - here's why
Business

Buy Now Pay Later giant Klarna strides towards $15bn float

Klarna, the buy now, pay later (BNPL) finance giant, is setting up a new British holding company as it clears the path to a...

by admin November 4, 2023
Buy Now Pay Later giant Klarna strides towards bn float
Business

Manchester United deal: Ratcliffe to unveil $300m investment alongside 25% stake

Sir Jim Ratcliffe is to commit $300m (£245m) from his multibillion pound fortune to Manchester United Football Club’s ageing infrastructure as part of a...

by admin November 3, 2023
Manchester United deal: Ratcliffe to unveil 0m investment alongside 25% stake
Business

Sam Bankman-Fried guilty of defrauding FTX crypto customers out of billions of dollars

Sam Bankman-Fried has been found guilty of defrauding customers of his cryptocurrency exchange out of billions of dollars. The 31-year-old could be sentenced to...

by admin November 2, 2023
Sam Bankman-Fried guilty of defrauding FTX crypto customers out of billions of dollars
Business

The rise and fall of WeWork – once feted as one of the hottest start-ups around

It looks as if the end is nigh for WeWork, the flexible workspace provider that once commanded a valuation of $47bn. The Wall Street...

by admin November 1, 2023
The rise and fall of WeWork - once feted as one of the hottest start-ups around
Business

Elon Musk tells Sky News AI is a ‘risk’ to humanity

Elon Musk has told Sky News that AI is a “risk”, as the billionaire joins world leaders and tech bosses at a UK safety...

by admin November 1, 2023
Elon Musk tells Sky News AI is a 'risk' to humanity
Business

‘It’s officially Christmas’: M&S and Asda among first to launch festive campaigns

Retailers have fired the starting gun on Christmas advertising season by launching their festive campaigns earlier than usual. Marks and Spencer revealed its Christmas...

by admin November 1, 2023
'It's officially Christmas': M&S and Asda among first to launch festive campaigns
Business

Owned an older iPhone? You could get a payout from UK lawsuit which claims devices were ‘throttled’

Apple is facing a lawsuit that could see British iPhone owners receive compensation over allegedly defective batteries. The case, brought by consumer champion Justin...

by admin November 1, 2023
Owned an older iPhone? You could get a payout from UK lawsuit which claims  devices were 'throttled'
Business

House price growth returns in October due to ‘constrained supply’ of properties

House prices rose at their fastest monthly pace since August last year during October, according to a report that cited “constrained supply” of stock...

by admin November 1, 2023
House price growth returns in October due to 'constrained supply' of properties
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