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Business

Thames Water crisis deepens as holding company defaults on debt

The crisis enveloping Thames Water has deepened after its holding company announced it had defaulted on its debt. Kemble Water said it missed an...

by admin April 5, 2024
Thames Water crisis deepens as holding company defaults on debt
Business

House prices fall for first time in six months

House prices slipped by 1% in March following five consecutive months of growth, according to new figures from Halifax. The lender said affordability remained...

by admin April 5, 2024
House prices fall for first time in six months
Business

Body Shop administrators plot CVA as route to rescue deal

Administrators to The Body Shop are drawing up plans to launch a further restructuring process in a bid to salvage a future for one...

by admin April 5, 2024
Body Shop administrators plot CVA as route to rescue deal
Business

Joe Lewis: British billionaire and former Spurs owner avoids jail over insider trading scheme

British billionaire Joe Lewis has avoided a jail sentence after admitting he orchestrated an insider trading scheme that helped those around him make millions....

by admin April 4, 2024
Joe Lewis: British billionaire and former Spurs owner avoids jail over insider trading scheme
Business

Dutch bank ING is key lender to Thames Water parent as cliff-edge looms

The Dutch banking giant ING has been thrust into a pivotal role in determining the future of stricken Thames Water’s parent company amid growing...

by admin April 4, 2024
Dutch bank ING is key lender to Thames Water parent as cliff-edge looms
Business

Tube strikes called off, but walkouts on rail still set to go ahead – full list

Tube strikes planned for Monday and next month have been called off, the Aslef union announced. The walkouts had been planned for 8 April...

by admin April 4, 2024
Tube strikes called off, but walkouts on rail still set to go ahead - full list
Business

Vodafone and Three merger in doubt amid price hike concerns

A planned merger between Vodafone and Three is in doubt after the competition watchdog said it would launch a major investigation into the deal....

by admin April 4, 2024
Vodafone and Three merger in doubt amid price hike concerns
Business

Horizon IT scandal: Post Office officials knew of instruction for Fujitsu to remotely change sub-postmaster accounts 10 years ago, leaked recordings suggest

The Post Office’s IT helpdesk was instructing Fujitsu, the maker of faulty accounting software, to change sub-postmaster accounts more than a decade ago, according...

by admin April 4, 2024
Horizon IT scandal: Post Office officials knew of instruction for Fujitsu to remotely change sub-postmaster accounts 10 years ago, leaked recordings suggest
Business

‘I stepped in front of a minicab’: The devastating impact of crippling tax demands from HMRC

Tens of thousands of people are facing crippling tax demands from HMRC for tax their employers failed to pay. It’s an injustice that has...

by admin April 4, 2024
'I stepped in front of a minicab': The devastating impact of crippling tax demands from HMRC
Business

Warnings of higher food prices and empty shelves due to new post-Brexit border fees

Trade groups have warned of higher food prices and empty supermarket shelves because of new post-Brexit border fees being introduced this month. A maximum...

by admin April 4, 2024
Warnings of higher food prices and empty shelves due to new post-Brexit border fees
Business

Horizon IT scandal: Post Office officials knew of instruction for Fujitsu to remotely change sub-postmaster accounts 10 years ago, leaked recordings suggest

The Post Office’s IT helpdesk was instructing Fujitsu, the maker of faulty accounting software, to change sub-postmaster accounts more than a decade ago, according...

by admin April 4, 2024
Horizon IT scandal: Post Office officials knew of instruction for Fujitsu to remotely change sub-postmaster accounts 10 years ago, leaked recordings suggest
Business

Virgin’s Richard Branson urges businesses to ditch Russia 

Richard Branson has criticised companies still operating in Russia accusing them of sustaining Russia’s illegal invasion of Ukraine.  The Virgin founder told Sky News...

by admin April 4, 2024
Virgin's Richard Branson urges businesses to ditch Russia 
Business

Small business group criticises FCA over ‘super-complaint’ approach

The leading representative body for small businesses in Britain has criticised the City watchdog over its approach to a ‘super-complaint’ about lenders’ demand for...

by admin April 3, 2024
Small business group criticises FCA over 'super-complaint' approach
Business

Elon Musk’s Tesla suffers sales slump in ‘unmitigated disaster’ for billionaire

Tesla has reported a sharp fall in worldwide sales amid increased competition and slowing demand for electric vehicles. The carmaker said it delivered 386,810...

by admin April 3, 2024
Elon Musk's Tesla suffers sales slump in 'unmitigated disaster' for billionaire
Business

‘Irresponsible’ Katie Price Instagram post and ‘misleading’ Nationwide ads with Dominic West banned by ASA

An Instagram post promoting a low-calorie diet by Katie Price has been banned by the advertising regulator, as have Nationwide ads featuring the actor...

by admin April 3, 2024
'Irresponsible' Katie Price Instagram post and 'misleading' Nationwide ads with Dominic West banned by ASA
Business

Oil price rises after Ukraine attacks major Russian refinery

The price of oil has climbed following a Ukrainian drone strike on Russia’s third-largest refinery. The attack on the Taneco facility, in the province...

by admin April 3, 2024
Oil price rises after Ukraine attacks major Russian refinery
Business

Royal Mail ‘investigating’ claims of problems with barcoded stamps ‘after customers fined’

Royal Mail is reportedly investigating a problem with barcoded stamps following claims people have been wrongly fined to collect post because the stamps were...

by admin April 3, 2024
Royal Mail 'investigating' claims of problems with barcoded stamps 'after customers fined'
Business

Taylor Swift now a billionaire – as world’s wealthiest revealed in 2024 Forbes list

Taylor Swift has made it on to a list of the world’s billionaires, according to Forbes, as her Eras Tour spanning 152 shows and...

by admin April 2, 2024
Taylor Swift now a billionaire - as world's wealthiest revealed in 2024 Forbes list
Business

RedBird IMI lines up advisers to decide fate of Daily Telegraph

The Abu Dhabi-backed vehicle which faces being thwarted in its bid to buy The Daily Telegraph is lining up advisers to determine the fate...

by admin April 2, 2024
RedBird IMI lines up advisers to decide fate of Daily Telegraph
Business

Homeowners ‘should start feeling positive’ about selling their property, UK’s largest building society says

Annual UK house prices edged up by 1.6% in March, according to new figures from Nationwide, the UK’s largest building society. Every region of...

by admin April 2, 2024
Homeowners 'should start feeling positive' about selling their property, UK's largest building society says
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Recent Articles
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World News
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  • Hundreds of Russian troops roll into key frontline Ukrainian city 'Mad Max-style', video appears to showHundreds of Russian troops roll into key frontline Ukrainian city ‘Mad Max-style’, video appears to show
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