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Business

Business

Offshore wind projects could be at risk as demand for steel rises, report warns

Future offshore wind projects could be at risk because of a rise in demand for steel, according to analysis by consultancy group Newton. The...

by admin March 25, 2024
Offshore wind projects could be at risk as demand for steel rises, report warns
Business

UK spends more on housing than almost any other developed country, and gets the least value from it too

British people aren’t the only ones to moan about the state and price of housing in their country, but we do have the best...

by admin March 25, 2024
UK spends more on housing than almost any other developed country, and gets the least value from it too
Business

Former chancellor Zahawi in talks to chair Barclays’ Very Group

Nadhim Zahawi, the former chancellor, is in talks about chairing the biggest remaining part of the Barclay family’s business empire, fuelling speculation that he...

by admin March 23, 2024
Former chancellor Zahawi in talks to chair Barclays' Very Group
Business

Telegraph owners dealt fresh blow as Arrow XL parent collapses

The owners of The Daily Telegraph have been dealt a fresh blow after the collapse of the parent company behind Arrow XL, a UK-wide...

by admin March 22, 2024
Telegraph owners dealt fresh blow as Arrow XL parent collapses
Business

Portsmouth’s new Brexit border post could be demolished

A new £24m border control post may have to be demolished because repeated changes to post-Brexit border arrangements have left it commercially unviable. The...

by admin March 22, 2024
Portsmouth's new Brexit border post could be demolished
Business

Sachdev in frame to replace sacked Post Office chairman Staunton

The chairman of the Land Registry is being considered by ministers as a potential replacement for Henry Staunton, the Post Office chairman who was...

by admin March 22, 2024
Sachdev in frame to replace sacked Post Office chairman Staunton
Business

Bahrain state fund takes full ownership of supercar-maker McLaren

Bahrain’s sovereign wealth fund has completed a deal to take full ownership of McLaren Group, one of the most revered names in British manufacturing,...

by admin March 22, 2024
Bahrain state fund takes full ownership of supercar-maker McLaren
Business

Portsmouth’s new Brexit border post could be demolished – without ever being used

A new £24m border control post may have to be demolished because repeated changes to post-Brexit border arrangements have left it commercially unviable. The...

by admin March 22, 2024
Portsmouth's new Brexit border post could be demolished
Business

Bank of England keeps interest rate at 5.25% but cut moves closer

The Bank of England interest rate has been kept at 5.25% for a fifth consecutive time, but says the prospects for a cut are...

by admin March 21, 2024
Bank of England keeps interest rate at 5.25% but cut moves closer
Business

Reddit valued at $6.4bn after share sale boost for IPO market

Shares in Reddit will make their market debut later on Thursday after a sale valuing the social media platform at $6.4bn (£5bn). The company’s...

by admin March 21, 2024
Reddit valued at .4bn after share sale boost for IPO market
Business

Next eyes ‘small reduction’ in prices ahead as cost of goods ease

Next, the clothing to homewares retailer, is anticipating a “small reduction” in selling prices this year due to falls in the cost of goods....

by admin March 21, 2024
Next eyes 'small reduction' in prices ahead as cost of goods ease
Business

Rate of inflation eases to 3.4% in February, official figures show

The rate of inflation slowed sharply to an annual rate of 3.4% in February, according to official figures charting a big contribution from food...

by admin March 20, 2024
Rate of inflation eases to 3.4% in February, official figures show
Business

Aldi’s ‘cheapest Christmas dinner’ advert misled shoppers, says watchdog

Aldi’s claim it was the “home of Britain’s cheapest Christmas dinner” was found to be misleading after rival supermarket Sainsbury’s reported it to the...

by admin March 20, 2024
Aldi's 'cheapest Christmas dinner' advert misled shoppers, says watchdog
Business

Ex-chancellor Hammond’s fintech Railsr eyes merger of Equals

A British financial technology company chaired by Lord Hammond of Runnymede, the former chancellor, has made an approach to merge with a London-listed peer....

by admin March 20, 2024
Ex-chancellor Hammond’s fintech Railsr eyes merger of Equals
Business

Major brands deny ‘shrinkflation’ as Heinz says reducing the number of beans in a tin doesn’t count

Major brands have denied so-called “shrinkflation”, despite selling smaller quantities of a product for similar prices, saying there was no need for greater transparency...

by admin March 20, 2024
Major brands deny 'shrinkflation' as Heinz says reducing the number of beans in a tin doesn't count
Business

Hundreds of jobs at risk as Ted Baker calls in administrators

Hundreds of high street jobs are at risk after Ted Baker’s British operations veered to the brink of administration. Sky News has learnt that...

by admin March 19, 2024
Hundreds of jobs at risk as Ted Baker calls in administrators
Business

Lenders pledge banking hub upgrade amid political row over cash access

Britain’s biggest high street lenders have pledged to upgrade dozens of shared banking hubs and commit to more than 100 new locations amid a...

by admin March 19, 2024
Lenders pledge banking hub upgrade amid political row over cash access
Business

Marmite maker Unilever to cut 7,500 jobs

Unilever, the consumer goods firm behind brands including Marmite and Domestos, has revealed plans to cut 7,500 jobs across its global operations. The UK-based...

by admin March 19, 2024
Marmite maker Unilever to cut 7,500 jobs
Business

National Grid: Nearly £60bn energy grid upgrade needed to hit green target

Nearly £60bn is needed to build the British energy grid of the future in order to meet climate change mitigation milestones in just over...

by admin March 19, 2024
National Grid: Nearly £60bn energy grid upgrade needed to hit green target
Business

Car industry insists 2,000% increase in sales to Azerbaijan has nothing to do with Russia

Britain’s car industry has insisted that an unprecedented 2,000% increase in vehicle exports to Azerbaijan has nothing to with Russia and is explained by...

by admin March 18, 2024
Car industry insists 2,000% increase in sales to Azerbaijan has nothing to do with Russia
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