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Business

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
Business

Waterstones-owner Elliott plots £700m takeover bid for high street giant Currys

Elliott Advisors, the owner of Waterstones, is plotting a £700m takeover of Currys, the London-listed electrical goods retailer. Sky News has learnt that Elliott,...

by admin February 17, 2024
Currys may face bidding war as China's JD.com joins interest
Business

Energy bills set to fall by almost £300 a year to cheapest in two years

Energy bills are projected to fall by an average of 15% – equivalent to £293 in annual savings – as a mild winter meant...

by admin February 16, 2024
Energy bills set to fall by almost £300 a year to cheapest in two years
Business

Surprise surge in retail sales suggests economy is growing – despite UK entering recession

Retail sales have grown significantly – far exceeding expectations – as consumer spending bounced back in January. The 3.4% increase in retail sales is...

by admin February 16, 2024
Surprise surge in retail sales suggests economy is growing - despite UK entering recession
Business

Deliveroo, Just Eat, Uber Eats strikes set to hit Fridays and holidays, drivers warn

Takeaway delivery strikes will be held every Friday and on holidays if demands are not met, an organiser has said ahead of the Valentine’s...

by admin February 14, 2024
Deliveroo, Just Eat, Uber Eats strikes set to hit Fridays and holidays, drivers warn
Business

NatWest board prepares to appoint interim boss Thwaite as Rose successor

The board of NatWest Group is preparing to name Paul Thwaite as its next permanent chief executive as the government readies a mass-market share...

by admin February 14, 2024
NatWest board prepares to appoint interim boss Thwaite as Rose successor
Business

UK recession ‘in the balance’ – but inflation latest is ‘good news’, says Bank governor

A UK recession is “in the balance” but there are signs growth is starting to pick up, the governor of the Bank of England...

by admin February 14, 2024
UK recession 'in the balance' - but inflation latest is 'good news', says Bank governor
Business

Manchester United fans will be hoping Sir Jim Ratcliffe stake is beginning of the end for the Glazers

The calls grew louder from Manchester United fans: “Full sale now.” It was more than an aspiration. The Glazers fed the belief their ownership...

by admin December 26, 2023
Business

Manchester United fans will be hoping Sir Jim Ratcliffe stake is beginning of the end for the Glazers

The calls grew louder from Manchester United fans: “Full sale now.” It was more than an aspiration. The Glazers fed the belief their ownership...

by admin December 24, 2023
Manchester United fans will be hoping Sir Jim Ratcliffe stake is beginning of the end for the Glazers
Business

Hg lands latest windfall from sale of Argus Media stake

A $1bn stake in one of the world’s largest oil pricing data businesses is close to changing hands in a deal that will cap...

by admin December 24, 2023
Hg lands latest windfall from sale of Argus Media stake
Business

Manchester United to confirm sale of 25% stake to Sir Jim Ratcliffe

Manchester United Football Club will on Sunday confirm the sale of a 25% stake to the billionaire petrochemicals tycoon Sir Jim Ratcliffe. Sky News...

by admin December 24, 2023
Manchester United to confirm sale of 25% stake to Sir Jim Ratcliffe
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