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Business

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
Business

AA backers sell £450m stake to US investor Stonepeak

A US-based investment firm is to inject hundreds of millions of pounds into the AA, the breakdown recovery service, nearly three years after it...

by admin December 23, 2023
AA backers sell £450m stake to US investor Stonepeak
Business

UK economy at risk of recession, official figures reveal

The UK economy has performed worse than previously thought and below the expectations of economists, new official figures show, meaning the country has taken...

by admin December 22, 2023
UK economy at risk of recession, official figures reveal
Business

Home Office rows back on plans to hike family visa salary threshold to £38,700

The Home Office has rowed back on plans to increase the salary threshold for Britons wishing to bring a family member to the UK...

by admin December 21, 2023
Home Office rows back on plans to hike family visa salary threshold to £38,700
Business

Rishi Sunak set to struggle to meet key pledge as public debt grows

Government borrowing and debt grew in November, official figures showed, casting doubt on the likelihood of one of the prime minister’s key pledges. In...

by admin December 21, 2023
Rishi Sunak set to struggle to meet key pledge as public debt grows
Business

European Super League: EU’s top court rules FIFA and UEFA acted illegally in blocking breakaway competition

FIFA and UEFA acted illegally in blocking the creation of the European Super League (ESL), the European Union’s top court has ruled. The court...

by admin December 21, 2023
European Super League: EU's top court rules FIFA and UEFA acted illegally in blocking breakaway competition
Business

Caring weighs Ivy sale amid post-pandemic profits boom

Britain’s best-known restaurateur is considering selling a big stake in The Ivy Collection, one of the world’s best-known restaurant concepts, in a deal that...

by admin December 21, 2023
Caring weighs Ivy sale amid post-pandemic profits boom
Business

Elon Musk’s X back up after outage

The website and phone app for Elon Musk’s X (formerly Twitter) appear to have been restored after going down. Earlier, users were still able...

by admin December 21, 2023
Elon Musk's X back up after outage
Business

European Super League: EU’s top court rules FIFA and UEFA acted illegally in blocking breakaway competition

FIFA and UEFA acted illegally in blocking the creation of the European Super League (ESL), the European Union’s top court has ruled. The court...

by admin December 21, 2023
European Super League: EU's top court rules FIFA and UEFA acted illegally in blocking breakaway competition
Business

Rimmel London advert banned for implying girls need make-up to succeed

An advert for Rimmel London has been banned for suggesting to girls that it’s necessary to wear make-up at school to succeed. The Facebook...

by admin December 20, 2023
Rimmel London advert banned for implying girls need make-up to succeed
Business

Bigger than expected fall in inflation

The rate of price rises significantly slowed again in November to another two-year low, official figures show. Inflation stood at 3.9% last month, according...

by admin December 20, 2023
Bigger than expected fall in inflation
Business

Bahrain gains full control of McLaren Group in deal with minority investors

Bahrain’s sovereign wealth fund is gaining full ownership of McLaren Group, one of the most revered names in British premium manufacturing, as part of...

by admin December 19, 2023
Bahrain gains full control of McLaren Group in deal with minority investors
Business

Traffic grows in Red Sea as more shipping firms risk delays and increased costs by diverting routes

Shipping companies have cautiously welcomed the announcement of a US-led multinational naval force to fend off Red Sea attacks, but are still re-routing vessels...

by admin December 19, 2023
Traffic grows in Red Sea as more shipping firms risk delays and increased costs by diverting routes
Business

Superdry profit warning sends shares to record low

Superdry, the high street fashion retailer, has seen its market value hit a record low after it issued a profit warning. The company’s shares...

by admin December 19, 2023
Superdry profit warning sends shares to record low
Business

Asda reveals higher finance costs as boss defends debt structure

Asda faces increased interest payments of at least £30m from February as loans taken on by the billionaire Issa brothers to fund the £6.8bn...

by admin December 19, 2023
Asda reveals higher finance costs as boss defends debt structure
Business

Michael Gove confirms he cooperated with criminal inquiry into Mone PPE scandal

Michael Gove has cooperated with a National Crime Agency (NCA) inquiry into a firm linked to Baroness Michelle Mone. The minister said he wanted...

by admin December 19, 2023
Michael Gove confirms he cooperated with criminal inquiry into Mone PPE scandal
Business

Google to pay compensation to millions of US customers after Play Store court case

Google will pay out $700m (£550m) and allow more competition on its Play Store after it was accused of using illegal restrictions and overcharging...

by admin December 19, 2023
Google to pay compensation to millions of US customers after Play Store court case
Business

Transport for London gets £250m funding boost – with new trains set to be introduced

The government has announced it will put £250m into Transport for London (TfL) next year to invest in new projects. Among the plans, the...

by admin December 18, 2023
Transport for London gets £250m funding boost - with new trains set to be introduced
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