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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
Business

Steel giant ArcelorMittal warns Gove over Kent planning verdict

The world’s second-largest steel company has warned the government that a planning verdict due this week could lead to a key division quitting the...

by admin May 5, 2024
Steel giant ArcelorMittal warns Gove over Kent planning verdict
Business

Ministers apply finishing touches to ‘Tell Sid’-style NatWest offer

Ordinary investors will be awarded ‘bonus’ shares in NatWest Group if they hold onto stock they acquire in the taxpayer-backed bank, under a plan expected...

by admin May 4, 2024
Ministers apply finishing touches to ‘Tell Sid’-style NatWest offer
Business

Post Office lawyer accused of telling ‘big fat lie’ to Horizon inquiry

A former top Post Office lawyer has been accused of telling the Horizon IT inquiry a “big fat lie” over his knowledge of a...

by admin May 3, 2024
Post Office lawyer accused of telling 'big fat lie' to Horizon inquiry
Business

Worry for economy as public sector productivity falls further

Official figures have raised fears of a deepening public sector drag on the the UK’s economic recovery from recession. Data from the Office for...

by admin May 3, 2024
Worry for economy as public sector productivity falls further
Business

Apple reports biggest drop in iPhone sales since early months of pandemic – and reveals AI plans

Tech giant Apple has recorded the biggest drop in iPhone sales since the early months of the COVID pandemic. Sales for January to March...

by admin May 3, 2024
Apple reports biggest drop in iPhone sales since early months of pandemic - and reveals AI plans
Business

Goldman Sachs scraps bonus cap for top London-based staff

Goldman Sachs is removing a cap on bonuses for London-based staff, paving the way for it to resume making multimillion pound payouts to its...

by admin May 2, 2024
Goldman Sachs scraps bonus cap for top London-based staff
Business

UK interest rates should stay higher for longer, OECD says, in boost for Bank of England strategy

One of the world’s leading economic authorities has warned the UK that borrowing should remain expensive until the rate of price rises eases further...

by admin May 2, 2024
UK interest rates should stay higher for longer, OECD says, in boost for Bank of England strategy
Business

Chinese companies receive far more state support – making it harder for Western businesses to compete, data suggests

Chinese manufacturers receive nine times more government support than their Western counterparts, according to calculations from the Organisation for Economic Co-operation and Development (OECD)...

by admin May 2, 2024
Chinese companies receive far more state support - making it harder for Western businesses to compete, data suggests
Business

Fed holds US interest rates again after three months of disappointing inflation data

The US central bank, known as the Fed, has again kept interest rates high – at 5.25% to 5.5%. It comes despite the bank...

by admin May 1, 2024
Fed holds US interest rates again after three months of disappointing inflation data
Business

London-listed consultant Alpha FMC draws takeover interest

A specialist financial services consultancy has become the latest London-listed company to attract takeover interest from private equity firms. Sky News has learnt that...

by admin May 1, 2024
London-listed consultant Alpha FMC draws takeover interest
Business

Wait for interest rate cut leads to surprise dip in house price growth

Shifting expectations for UK interest rate cuts have contributed to a dip in house price growth, according to a closely watched measure. Nationwide reported...

by admin May 1, 2024
Wait for interest rate cut leads to surprise dip in house price growth
Business

Ex-Camelot chief Railton to be named new Post Office chair

A former boss of Camelot, the National Lottery operator, will be named this week as the next chairman of the Post Office as ministers...

by admin April 30, 2024
Ex-Camelot chief Railton to be named new Post Office chair
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