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Business

Business

Currys may face bidding war as China’s JD.com joins interest

A bidding war for Currys could be on the cards after a second declaration of takeover interest. China’s e-commerce platform JD.com, not to be...

by admin February 19, 2024
Currys may face bidding war as China's JD.com joins interest
Business

Ian King Business Podcast: A crackdown on fire and rehire, Currys takeover, and Wizz Air

Ian King speaks to the business minister Kevin Hollinrake following new plans to crack down on companies that fire and rehire workers on less...

by admin February 19, 2024
Ian King Business Podcast: A crackdown on fire and rehire, Currys takeover, and Wizz Air
Business

Kemi Badenoch hits back at former Post Office boss in Horizon compensation row

Business Secretary Kemi Badenoch has hit out at the former Post Office chairman after he alleged he was told to “stall” spending on compensation...

by admin February 19, 2024
Kemi Badenoch hits back at former Post Office boss in Horizon compensation row
Business

Top shareholder wants £800m for electricals retailer Currys

A leading shareholder in Currys is demanding that its board slaps an £800m price tag on the electrical goods retailer amid takeover interest from...

by admin February 18, 2024
Top shareholder wants £800m for electricals retailer Currys
Business

Waterstones-owner Elliott plots £700m takeover bid for high street giant Currys

Elliott Advisors, the owner of Waterstones, is plotting a £700m takeover of Currys, the London-listed electrical goods retailer. Sky News has learnt that Elliott,...

by admin February 17, 2024
Currys may face bidding war as China's JD.com joins interest
Business

Energy bills set to fall by almost £300 a year to cheapest in two years

Energy bills are projected to fall by an average of 15% – equivalent to £293 in annual savings – as a mild winter meant...

by admin February 16, 2024
Energy bills set to fall by almost £300 a year to cheapest in two years
Business

Surprise surge in retail sales suggests economy is growing – despite UK entering recession

Retail sales have grown significantly – far exceeding expectations – as consumer spending bounced back in January. The 3.4% increase in retail sales is...

by admin February 16, 2024
Surprise surge in retail sales suggests economy is growing - despite UK entering recession
Business

Deliveroo, Just Eat, Uber Eats strikes set to hit Fridays and holidays, drivers warn

Takeaway delivery strikes will be held every Friday and on holidays if demands are not met, an organiser has said ahead of the Valentine’s...

by admin February 14, 2024
Deliveroo, Just Eat, Uber Eats strikes set to hit Fridays and holidays, drivers warn
Business

NatWest board prepares to appoint interim boss Thwaite as Rose successor

The board of NatWest Group is preparing to name Paul Thwaite as its next permanent chief executive as the government readies a mass-market share...

by admin February 14, 2024
NatWest board prepares to appoint interim boss Thwaite as Rose successor
Business

UK recession ‘in the balance’ – but inflation latest is ‘good news’, says Bank governor

A UK recession is “in the balance” but there are signs growth is starting to pick up, the governor of the Bank of England...

by admin February 14, 2024
UK recession 'in the balance' - but inflation latest is 'good news', says Bank governor
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 26, 2023
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
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