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Business

Chinese companies receive far more state support – making it harder for Western businesses to compete, data suggests

Chinese manufacturers receive nine times more government support than their Western counterparts, according to calculations from the Organisation for Economic Co-operation and Development (OECD)...

by admin May 2, 2024
Chinese companies receive far more state support - making it harder for Western businesses to compete, data suggests
Business

Fed holds US interest rates again after three months of disappointing inflation data

The US central bank, known as the Fed, has again kept interest rates high – at 5.25% to 5.5%. It comes despite the bank...

by admin May 1, 2024
Fed holds US interest rates again after three months of disappointing inflation data
Business

London-listed consultant Alpha FMC draws takeover interest

A specialist financial services consultancy has become the latest London-listed company to attract takeover interest from private equity firms. Sky News has learnt that...

by admin May 1, 2024
London-listed consultant Alpha FMC draws takeover interest
Business

Wait for interest rate cut leads to surprise dip in house price growth

Shifting expectations for UK interest rate cuts have contributed to a dip in house price growth, according to a closely watched measure. Nationwide reported...

by admin May 1, 2024
Wait for interest rate cut leads to surprise dip in house price growth
Business

Ex-Camelot chief Railton to be named new Post Office chair

A former boss of Camelot, the National Lottery operator, will be named this week as the next chairman of the Post Office as ministers...

by admin April 30, 2024
Ex-Camelot chief Railton to be named new Post Office chair
Business

Shellfish industry on a ‘knife edge’ as sewage dumped in designated waters for 192,000 hours last year

Untreated sewage was released into designated shellfish waters for 192,000 hours last year, new research has found. The dirty water pouring into English seas...

by admin April 30, 2024
Shellfish industry on a 'knife edge' as sewage dumped in designated waters for 192,000 hours last year
Business

Alan Bates tells Post Office inquiry it was ‘obvious’ organisation was ‘after’ him

Post Office victims campaigner Alan Bates has told the inquiry into the Horizon IT scandal that it was “pretty obvious” the organisation “were after...

by admin April 9, 2024
Alan Bates tells Post Office inquiry it was 'obvious' organisation was 'after' him
Business

Sexism ‘worse than ever’ at GMB as staff in North East threaten to strike

Four years ago a damning report sent shockwaves through the GMB, one of Britain’s biggest trade unions, when it branded the organisation “institutionally sexist”. ...

by admin April 9, 2024
Sexism 'worse than ever' at GMB as staff in North East threaten to strike
Business

Post Office scandal: Hero Alan Bates to give evidence as inquiry resumes

The UK Post Office Horizon Public Inquiry resumes today almost four years after it began. Public and political interest in the industrial-scale miscarriage of...

by admin April 9, 2024
Post Office scandal: Hero Alan Bates to give evidence as inquiry resumes
Business

Sexism ‘worse than ever’ at GMB as staff in North East threaten to strike

Four years ago a damning report sent shockwaves through the GMB, one of Britain’s biggest trade unions, when it branded the organisation “institutionally sexist”. ...

by admin April 9, 2024
Sexism 'worse than ever' at GMB as staff in North East threaten to strike
Business

Up to £11m in water company fines will be reinvested to improve waterways, government says

Up to £11 million from water company fines will be reinvested in schemes to improve waterways and wetlands, the government has said. The Water...

by admin April 9, 2024
Up to £11m in water company fines will be reinvested to improve waterways, government says
Business

Ted Baker to close 15 stores across UK – with hundreds of jobs to go

Ted Baker is to shut 15 of its stores across the UK within weeks, the retailer’s administrators have announced. Around 245 staff will be...

by admin April 8, 2024
Ted Baker to close 15 stores across UK - with hundreds of jobs to go
Business

John Lewis: Tesco veteran Jason Tarry announced as new partnership chairman

The former head of Tesco has been announced as the new chairman of the John Lewis Partnership, one of the biggest and most high-pressure...

by admin April 8, 2024
John Lewis: Tesco veteran Jason Tarry announced as new partnership chairman
Business

‘Cyber incident’ at one of the UK’s biggest vet companies

One of the UK’s largest vet companies has been hit by a “cyber incident” with disruption caused across all operations and a risk of...

by admin April 8, 2024
'Cyber incident' at one of the UK's biggest vet companies
Business

Santander UK to quit lending standards body

Santander UK, Britain’s fifth-biggest high street bank, is cancelling its membership of a key lending standards body because of the duplication of regulatory standards...

by admin April 7, 2024
Santander UK to quit lending standards body
Business

Bankers to bowl cricket chiefs over with Hundred sell-off pitch

English cricket chiefs will next week take another step towards a radical revamp of the sport’s ownership structure by launching plans to sell stakes...

by admin April 6, 2024
Bankers to bowl cricket chiefs over with Hundred sell-off pitch
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
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