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Business

Business

Electric van production to secure future of Vauxhall’s Luton plant

Vauxhall’s parent company has secured the future for its Luton plant but demanded more government aid to help drive the transition to electric vehicles....

by admin February 22, 2024
Electric van production to secure future of Vauxhall's Luton plant
Business

British firms’ exports are almost certainly bolstering Russia’s war machine in Ukraine, Sky data analysis finds

British companies are exporting hundreds of millions of pounds of equipment and machinery which almost certainly ends up in Russia, undermining the official sanctions...

by admin February 21, 2024
British firms' exports are almost certainly bolstering Russia's war machine in Ukraine, Sky data analysis finds
Business

BT Tower sold to MCR Hotels in £275m deal

The iconic BT Tower in London is set to become a hotel, if its new owner gets its way. BT Group revealed on Wednesday...

by admin February 21, 2024
BT Tower sold to MCR Hotels in £275m deal
Business

Brentford FC owner Benham eyes £400m valuation as sale kicks off

The owner of Brentford, the Premier League football club, has engaged advisers to canvas offers of investment that could value one of the sport’s...

by admin February 21, 2024
Brentford FC owner Benham eyes £400m valuation as sale kicks off
Business

HSBC achieves record profits but sweats on China woes

Higher interest rates helped HSBC achieve record annual profits last year but the sum was dented by the economic slowdown in its biggest growth...

by admin February 21, 2024
HSBC achieves record profits but sweats on China woes
Business

BT Tower dials in new future after £275m sale to hotel chain

The iconic BT Tower in London is set to become a hotel, if its new owner gets its way. BT Group revealed on Wednesday...

by admin February 21, 2024
BT Tower dials in new future after £275m sale to hotel chain
Business

Sir Jim Ratcliffe completes purchase of Manchester United stake – seizing control of football operations from Glazers

Petrochemicals billionaire Sir Jim Ratcliffe has completed the purchase of a 27.7% stake in Manchester United through his INEOS conglomerate – enabling him to...

by admin February 21, 2024
Sir Jim Ratcliffe completes purchase of Manchester United stake - seizing control of football operations from Glazers
Business

The Body Shop to shut half of its stores – some will close today

The Body Shop has announced it is closing half of its stores in the UK – including seven today and cutting 40% of roles...

by admin February 20, 2024
The Body Shop to shut half of its stores - some will close today
Business

‘Distinct signs of upturn’ for recession-hit economy, Bank of England governor says

There are “distinct signs of an upturn” in the UK economy, according to the governor of the Bank of England after official figures suggested...

by admin February 20, 2024
'Distinct signs of upturn' for recession-hit economy, Bank of England governor says
Business

Premier League calls emergency club meeting in race to agree New Deal

The Premier League has called an emergency meeting of its 20 “shareholders” in a last-gasp bid to finalise a landmark financial settlement before the...

by admin February 20, 2024
Premier League calls emergency club meeting in race to agree New Deal
Business

Barclays reveals revival plan to woo investors as profits fall

Barclays has revealed a revival plan to shore up support among investors that includes cutting costs and risk while bolstering returns. The UK-based lender’s...

by admin February 20, 2024
Barclays reveals revival plan to woo investors as profits fall
Business

Baby formula prices under scrutiny as cost remains ‘historically high’

The price of baby formula is coming under fresh regulatory scrutiny – amid fears they remain “historically high”. The Competition and Markets Authority (CMA)...

by admin February 20, 2024
Baby formula prices under scrutiny as cost remains 'historically high'
Business

Henry Staunton: Former Post Office chairman investigated over bullying before dismissal, Kemi Badenoch claims

Kemi Badenoch has said former Post Office chair Henry Staunton was being investigated over bullying allegations before his dismissal – as she accused him...

by admin February 19, 2024
Henry Staunton: Former Post Office chairman investigated over bullying before dismissal, Kemi Badenoch claims
Business

Superdry founder woos US investor to back bid for struggling chain

A prominent US investor is among the parties being courted by Superdry’s founder as he assembles an offer to take the struggling fashion chain...

by admin February 19, 2024
Superdry founder woos US investor to back bid for struggling chain
Business

Fire and rehire code of practice ‘tinkering around the edges’, TUC complains

A crackdown on so-called fire and rehire tactics by employers has been criticised as “tinkering around the edges” by the leader of the Trades...

by admin February 19, 2024
Fire and rehire code of practice 'tinkering around the edges', TUC complains
Business

Henry Staunton: Former Post Office chairman stands by compensation claims

Former Post Office chairman Henry Staunton said it is “pretty obvious what was really going on” after the government refuted his claims that he...

by admin February 19, 2024
Henry Staunton: Former Post Office chairman stands by compensation claims
Business

Currys may face bidding war as China’s JD.com joins interest

A bidding war for Currys could be on the cards after a second declaration of takeover interest. China’s e-commerce platform JD.com, not to be...

by admin February 19, 2024
Currys may face bidding war as China's JD.com joins interest
Business

Ian King Business Podcast: A crackdown on fire and rehire, Currys takeover, and Wizz Air

Ian King speaks to the business minister Kevin Hollinrake following new plans to crack down on companies that fire and rehire workers on less...

by admin February 19, 2024
Ian King Business Podcast: A crackdown on fire and rehire, Currys takeover, and Wizz Air
Business

Kemi Badenoch hits back at former Post Office boss in Horizon compensation row

Business Secretary Kemi Badenoch has hit out at the former Post Office chairman after he alleged he was told to “stall” spending on compensation...

by admin February 19, 2024
Kemi Badenoch hits back at former Post Office boss in Horizon compensation row
Business

Top shareholder wants £800m for electricals retailer Currys

A leading shareholder in Currys is demanding that its board slaps an £800m price tag on the electrical goods retailer amid takeover interest from...

by admin February 18, 2024
Top shareholder wants £800m for electricals retailer Currys
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World News
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  • Russia's war rehearsals are worrying Europe – but they do offer NATO one thingRussia’s war rehearsals are worrying Europe – but they do offer NATO one thing
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