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Business

Second interest rate cut by European Central Bank as growth falters

The European Central Bank (ECB) has moved to cut borrowing costs again as the inflation threat continues to abate while economic growth falters. The...

by admin September 12, 2024
Second interest rate cut by European Central Bank as growth falters
Business

American’s Daily Telegraph bid revives link to former proprietor Conrad Black

A bid for The Daily Telegraph spearheaded by the owner of The New York Sun has raised the extraordinary possibility of a return to...

by admin September 12, 2024
American's Daily Telegraph bid revives link to former proprietor Conrad Black
Business

Grangemouth oil refinery set to close by next year

Scotland’s only oil refinery is to close by next summer with the loss of 400 jobs, it has been confirmed. Owners Petroineos previously said...

by admin September 12, 2024
Grangemouth oil refinery set to close by next year
Business

Revolut founder Storonsky ‘sells £200m stake’ in fintech giant

The billionaire founder of Revolut has sold shares worth hundreds of millions of dollars in the banking and finance app as he climbs the...

by admin September 12, 2024
Revolut founder Storonsky 'sells £200m stake' in fintech giant
Business

John Lewis set for £100m annual profit as half-year losses decrease

High-end department store chain John Lewis is on course to profit tens of millions of pounds more despite cost of living pressures eating into...

by admin September 12, 2024
John Lewis set for £100m annual profit as half-year losses decrease
Business

Rachel Reeves signals first budget will be painful mix of spending cuts, tax rises and higher borrowing

Chancellor Rachel Reeves has signalled her first budget as chancellor could be a painful mix of spending cuts, tax rises and increased borrowing. Speaking...

by admin September 11, 2024
Rachel Reeves signals first budget will be painful mix of spending cuts, tax rises and higher borrowing
Business

‘Most generous voluntary redundancy package ever’ offered to staff at Britain’s biggest steelworks

An annual payment of £27,000 will be given to thousands of workers being made redundant at Britain’s biggest steelworks under the government intervention to...

by admin September 11, 2024
'Most generous voluntary redundancy package ever' offered to staff at Britain's biggest steelworks
Business

UK economy continued to flatline in month Labour came to power – official figures

There was no growth in the UK economy in July, official figures show. It’s the second month of stagnation, the Office for National Statistics...

by admin September 11, 2024
UK economy continued to flatline in month Labour came to power - official figures
Business

Oil prices at lowest level since 2021 – but will motorists benefit?

A slump in oil prices could lead to further reductions at the fuel pumps but any benefit risks being stripped away next month as...

by admin September 10, 2024
Oil prices at lowest level since 2021 - but will motorists benefit?
Business

State pension to rise by more than £400 a year in April – double some winter fuel payments

The state pension is due to rise by 4% in April, giving an extra £460 a year to recipients. The payment increases by the...

by admin September 10, 2024
State pension to rise by more than £400 a year in April - double some winter fuel payments
Business

Ministers to meet SMEs over radical workers’ rights reforms

Representatives of Britain’s army of small businesses will hold talks with ministers this week amid a mounting backlash against radical government plans to reform...

by admin September 10, 2024
Ministers to meet SMEs over radical workers' rights reforms
Business

Oasis and Ticketmaster should refund fans who paid inflated ticket prices, says consumer group Which?

Oasis and Ticketmaster should refund fans who were charged over-inflated prices for tickets, the consumer group Which? has said. Liam and Noel Gallagher announced...

by admin September 10, 2024
Oasis and Ticketmaster should refund fans who paid inflated ticket prices, says consumer group Which?
Business

State pension to rise by hundreds of pounds in April

The state pension is due to rise by 4% in April, giving an extra £460 a year to recipients. The payment increases by the...

by admin September 10, 2024
UK economy continued to flatline in month Labour came to power - official figures
Business

Chancellor appeals to Labour MPs for support on eve of winter fuel payment vote

Chancellor Rachel Reeves has made a last ditch attempt to convince her MPs it is the right decision to cut winter fuel payments for...

by admin September 9, 2024
Chancellor appeals to Labour MPs for support on eve of winter fuel payment vote
Business

Post Office scandal appeals process ‘unacceptable’, Horizon victim says

A victim of the Post Office Horizon scandal has told Sky News that plans for a new appeals process are “unacceptable” on several fronts....

by admin September 9, 2024
Post Office scandal appeals process 'unacceptable', Horizon victim says
Business

Billions lost to tax evasion but HMRC has no targeted measures to stop it – NAO report

Roughly £5.5bn of potential state revenue has been lost due to tax evasion, according to the government spending watchdog. The vast majority of evasion...

by admin September 9, 2024
Billions lost to tax evasion but HMRC has no targeted measures to stop it - NAO report
Business

‘Bus revolution’ measures unveiled to ‘save vital routes’ across the country

A “bus revolution” will save vital routes and put passengers first, the government has said, as it unveiled new measures which include plans to...

by admin September 9, 2024
'Bus revolution' measures unveiled to 'save vital routes' across the country
Business

Reynolds puts finishing touches to £1.25bn Port Talbot deal

Ministers are racing to finalise a £1.25bn deal with Tata Steel, the owner of Britain’s biggest steelworks, amid fading hopes of a similarly consensual...

by admin September 9, 2024
Reynolds puts finishing touches to £1.25bn Port Talbot deal
Business

Telegraph bidders given new deadline as £100m Spectator sale looms

The remaining bidders for The Daily Telegraph have been given a deadline for revised bids for the right-leaning newspaper as its stablemate, The Spectator...

by admin September 8, 2024
Telegraph bidders given new deadline as £100m Spectator sale looms
Business

Bank of London finalises capital-raising after HMRC winding-up petition

A clearing bank launched just three years ago is raising tens of millions of pounds of fresh funding just days after it was served...

by admin September 7, 2024
Bank of London finalises capital-raising after HMRC winding-up petition
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Recent Articles
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  • Who's been killed, who's in charge of Iran now - and who could be its new leader?Who’s been killed, who’s in charge of Iran now – and who could be its new leader?
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