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Business

Pinewood-owner Aermont among suitors for £850m Village Hotels

The major backer of Pinewood Studios is among the suitors vying to buy Village Hotels, one of Britain’s biggest mid-market hotel chains. Sky News...

by admin May 12, 2024
Pinewood-owner Aermont among suitors for £850m Village Hotels
Business

Former Rank chief Birch in talks to run Ladbrokes-owner Entain

Henry Birch, the former boss of Rank Group, is among the candidates vying to run Entain, the FTSE-100 owner of Ladbrokes. Sky News has...

by admin May 11, 2024
Former Rank chief Birch in talks to run Ladbrokes-owner Entain
Business

Motors.co.uk among suitors raiding stricken Cazoo’s garage sale

A privately owned used-car platform is circling Cazoo Group, its stricken US-listed rival which is on the brink of administration. Sky News has learnt...

by admin May 10, 2024
Motors.co.uk among suitors raiding stricken Cazoo's garage sale
Business

British Airways owner International Airlines Group sees profits soar

The owner of British Airways has reported a sharp rise in profits amid soaring demand for trips and a fall in the cost of...

by admin May 10, 2024
British Airways owner International Airlines Group sees profits soar
Business

UK no longer in recession, official figures show

The UK economy is no longer in recession, according to official figures. Gross domestic product (GDP) grew by a better-than-expected 0.6% between January and...

by admin May 10, 2024
UK no longer in recession, official figures show
Business

Interest rate cut is not far off – but there are complicating factors

How soon is too soon? That’s the question exercising members of the Bank of England‘s monetary policy committee (MPC) at the moment. All nine...

by admin May 9, 2024
Interest rate cut is not far off - but there are complicating factors
Business

Interest rate held for sixth consecutive month – but edges closer to cut soon

The Bank of England has edged closer to a cut in interest rates, with another member of its nine-person Monetary Policy Committee (MPC) voting...

by admin May 9, 2024
Interest rate held for sixth consecutive month - but edges closer to cut soon
Business

Russian oil still seeping into UK – the reasons why sanctions are not working

The Russian state has been making more money from its oil and gas industry in the past three months than in any comparable period...

by admin May 8, 2024
Russian oil still seeping into UK - the reasons why sanctions are not working
Business

Brewdog boss calls time on 17 years in charge

Brewdog’s co-founder and chief executive James Watt has revealed he is to step down from the top job after 17 years. He wrote on...

by admin May 8, 2024
Brewdog boss calls time on 17 years in charge
Business

Full list of TSB’s 36 branch closures as hundreds of jobs to go

High street bank TSB has announced 250 job losses and the closure of 36 branches. The job cuts will be in the fraud operations...

by admin May 8, 2024
Full list of TSB's 36 branch closures as hundreds of jobs to go
Business

‘No indication of malicious activity’ as e-gates back working at UK airports after travel chaos

A “nationwide issue” with e-gates at airports has been resolved after causing travel chaos across the country, the Home Office has said. It said...

by admin May 8, 2024
'No indication of malicious activity' as e-gates back working at UK airports after travel chaos
Business

Russian oil still seeping into UK – the reasons why sanctions are not working

The Russian state has been making more money from its oil and gas industry in the past three months than in any comparable period...

by admin May 8, 2024
Russian oil still seeping into UK - the reasons why sanctions are not working
Business

Pubs can extend opening hours if England or Scotland reach Euro 2024 semi-finals

Pubs will be able to extend their opening hours to 1am if England or Scotland make it to the Euro 2024 semi-finals this summer....

by admin May 8, 2024
Pubs can extend opening hours if England or Scotland reach Euro 2024 semi-finals
Business

Renewable power reaches record 30% of global electricity

Experts have hailed a “critical turning point” as renewable power generated a record-breaking 30% of the world’s electricity last year, new data has found....

by admin May 8, 2024
Renewable power reaches record 30% of global electricity
Business

P&O Ferries chief executive Peter Hebblethwaite says he couldn’t live on £4.87-per-hour staff pay

The boss of P&O Ferries – known for its fire-and-rehire of nearly 800 workers – has said he could not live on the less...

by admin May 7, 2024
P&O Ferries chief executive Peter Hebblethwaite says he couldn't live on £4.87-per-hour staff pay
Business

Carpetright to axe over 25% of head office staff

One of Britain’s biggest carpet retailers is axing more than 25% of its head office staff as it grapples with a protracted downturn in...

by admin May 7, 2024
Carpetright to axe over 25% of head office staff
Business

House prices plateau but increases still expected for this year as flats ‘rise most sharply’

The housing market is “finding its feet” with a slight increase in prices, particularly for flats, according to analysis from part of the UK’s...

by admin May 7, 2024
House prices plateau but increases still expected for this year as flats 'rise most sharply'
Business

Government ‘gaslighting’ public about state of economy, Labour to claim

The government is “gaslighting” the public about the state of the economy, the shadow chancellor will say on Tuesday. Rachel Reeves is set to...

by admin May 7, 2024
Government 'gaslighting' public about state of economy, Labour to claim
Business

Boeing facing fresh probe after employees ‘falsely claim tests had been completed’

Federal air safety regulators have opened a fresh investigation into the Boeing 787 Dreamliner – after the firm said several employees had committed “misconduct”...

by admin May 7, 2024
Boeing facing fresh probe after employees 'falsely claim tests had been completed'
Business

For sale! Lloyds-backed estate agents Lomond goes on the market

An estate agency group backed by the private equity arm of Lloyds Banking Group is being put up for sale in the latest sign...

by admin May 6, 2024
For sale! Lloyds-backed estate agents Lomond goes on the market
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