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Business

Liz Truss turned Britain into ‘Argentina on the Channel’, says ex-Bank of England governor Mark Carney

A former governor of the Bank of England has launched a scathing attack on Liz Truss – accusing her government of turning Britain into...

by admin September 17, 2023
Liz Truss turned Britain into 'Argentina on the Channel', says ex-Bank of England governor Mark Carney
Business

Waterstones backer Elliott among suitors for The Body Shop

The owner of Waterstones is among a pack of bidders circling The Body Shop after its Brazilian owner hoisted a for sale sign above...

by admin September 17, 2023
Waterstones backer Elliott among suitors for The Body Shop
Business

Proportion of price-cut homes for sale ‘highest in over a decade’

More than a third of homes for sale have had at least one price cut – the highest proportion recorded in more than a...

by admin September 17, 2023
Proportion of price-cut homes for sale 'highest in over a decade'
Business

High street tycoon Ashley to sell Missguided to Asian giant Shein

Mike Ashley, the high street billionaire, is in talks to sell the online clothing label Missguided to Shein, the giant Chinese-founded online fashion player....

by admin September 16, 2023
High street tycoon Ashley to sell Missguided to Asian giant Shein
Business

Tata Steel: Thousands of Port Talbot job losses likely despite £500m worth of government support

Thousands of jobs are expected to be lost at Britain’s largest steelworks despite a £500m rescue package, one of the largest government support packages...

by admin September 15, 2023
Tata Steel: Thousands of Port Talbot job losses likely despite £500m worth of government support
Business

New train drivers’ strike to coincide with Conservative Party conference in Manchester

Train drivers will take strike action on 30 September and 4 October to coincide with the Conservative Party’s conference in Manchester, a union has announced....

by admin September 15, 2023
New train drivers' strike to coincide with Conservative Party conference in Manchester
Business

Everton sold to US-based investment firm

Everton has been sold to Miami based investment firm 777 Partners for an undisclosed sum.

by admin September 15, 2023
Business

Gatwick Airport flights cancelled, delayed or diverted due to staff absence in air traffic control

More than 40 flights have been cancelled or diverted because of a lack of staff in air traffic control at Gatwick Airport. The airport...

by admin September 15, 2023
Gatwick Airport flights cancelled, delayed or diverted due to staff absence in air traffic control
Business

UAW union to launch coordinated strikes against General Motors, Ford and Stellantis

For the first time in US history coordinated industrial action is taking place against the three major car producers, the biggest form of strike...

by admin September 15, 2023
UAW union to launch coordinated strikes against General Motors, Ford and Stellantis
Business

Center Parcs owner in talks with new investors over stake sale

The owner of Center Parcs’ operations in Britain is in talks with some of its own investors about the sale of a stake in...

by admin September 15, 2023
Center Parcs owner in talks with new investors over stake sale
Business

Tesco and Sainsbury’s using ‘potentially dodgy tactics’ with loyalty card prices, Which? claims

Customer loyalty schemes at Sainsbury’s and Tesco are “not all they’re cracked up to be” with regular prices being inflated so promotions look better...

by admin September 15, 2023
Tesco and Sainsbury's using 'potentially dodgy tactics' with loyalty card prices, Which? claims
Business

Shares in UK-based Arm Holdings soar on Nasdaq debut

Shares in UK-based chip designer Arm Holdings have soared after the firm made its Nasdaq debut on Thursday. The firm’s stock opened at $56.1...

by admin September 14, 2023
Shares in UK-based Arm Holdings soar on Nasdaq debut
Business

European Central Bank increases interest rate for 10th time in a row – hitting a record high

The European Central Bank’s main interest rate has hit its highest level since the creation of the euro in 1999 amid the continuing battle...

by admin September 14, 2023
European Central Bank increases interest rate for 10th time in a row - hitting a record high
Business

CBI members warn of new exodus amid manufacturing tie-up talks

Some of the CBI’s remaining members are warning that they will terminate their association with the crisis-hit lobbying group if it cements a full...

by admin September 14, 2023
CBI members warn of new exodus amid manufacturing tie-up talks
Business

Inflation hits John Lewis transformation timetable but half-year losses ease

The John Lewis Partnership (JLP) has revealed its transformation plan will take two more years to complete than expected, while revealing a drop in...

by admin September 14, 2023
Inflation hits John Lewis transformation timetable but half-year losses ease
Business

Wilko brand to live on – and some jobs saved – as The Range strikes deal

The brand of collapsed value retailer Wilko is to live on, it has been confirmed, and some job losses have been prevented through a...

by admin September 14, 2023
Wilko brand to live on - and some jobs saved - as The Range strikes deal
Business

Arm Holdings IPO: UK-based chip designer valued at £43.6bn ahead of eagerly awaited return to the stock market

UK-based chip designer Arm Holdings has secured a $54.5bn (£43.6bn) value ahead of its eagerly anticipated return to the stock market later on Thursday....

by admin September 14, 2023
Shares in UK-based Arm Holdings soar on Nasdaq debut
Business

John Lewis to end £10m pension top-ups as scheme swings to surplus

The John Lewis Partnership is to save tens of millions of pounds by ceasing a series of multimillion-pound injections into its pension scheme after...

by admin September 13, 2023
John Lewis to end £10m pension top-ups as scheme swings to surplus
Business

Deloitte to cut ‘more than 800 jobs in the UK’

Deloitte is planning to cut more than 800 jobs in the UK, sources say. The company, one of the ‘big four’ accountancy firms, is...

by admin September 13, 2023
Deloitte to cut 'more than 800 jobs in the UK'
Business

The Range strikes £5m deal to buy collapsed Wilko’s brand

The Range, the value retail chain, has struck a deal to buy the Wilko brand from its collapsed rival’s administrators. Sky News has learnt...

by admin September 13, 2023
The Range strikes £5m deal to buy collapsed Wilko's brand
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