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Business

Business

St James’s Place put in its place by investors as action on fee conduct bites

How many pairs of cufflinks could £1bn buy? That was the question being asked by City wags after that sum of money was wiped...

by admin February 28, 2024
St James's Place put in its place by investors as action on fee conduct bites
Business

Bitcoin hits $60,000 – as all-time high nears

Bitcoin has hit $60,000 for the first time since November 2021 – putting the cryptocurrency in touching distance of a new record high. One...

by admin February 28, 2024
Bitcoin hits ,000 - as all-time high nears
Business

Ex-chancellor Lord Hammond to chair UK fintech Railsr

Lord Hammond of Runnymede, the former chancellor, is to take on the chairmanship of Railsr, a British-based fintech which was last year rescued from...

by admin February 28, 2024
Ex-chancellor Lord Hammond to chair UK fintech Railsr
Business

Debanking fears as over 140k business accounts closed

MPs have raised concerns over the treatment of small businesses by major banks after figures showed more than 140,000 accounts were shut down by...

by admin February 28, 2024
Debanking fears as over 140k business accounts closed
Business

Post Office chief executive Nick Read subject of 80-page HR investigation, former chairman Henry Staunton says

The ousted Post Office chairman has insisted it was the company’s current chief executive who was the subject of an internal investigation, not him....

by admin February 27, 2024
Post Office chief executive Nick Read subject of 80-page HR investigation, former chairman Henry Staunton says
Business

‘Dead duck’ Post Office should be sold to Amazon for £1, says campaigner Alan Bates

Former sub-postmaster and lead campaigner Alan Bates has called for the Post Office to be sold to the likes of Amazon for £1 as...

by admin February 27, 2024
'Dead duck' Post Office should be sold to Amazon for £1, says campaigner Alan Bates
Business

Hunt urges Shein boss to pursue blockbuster London float

Jeremy Hunt has held talks with the boss of Shein, the Chinese-founded fast fashion giant, in a bid to persuade the company to commit...

by admin February 27, 2024
Hunt urges Shein boss to pursue blockbuster London float
Business

Predator Elliott returns with £750m bid for electricals chain Currys

The investment firm which owns Waterstones has returned with a second offer for Currys, the electrical goods chain, amid investor hopes of a rare...

by admin February 27, 2024
Predator Elliott returns with £750m bid for electricals chain Currys
Business

Post Office scandal: Bill to compensate victims will be more than £1bn – as no financial talks with Fujitsu under way

More than £1bn will be spent on compensating victims of the Post Office’s faulty Horizon IT software, according to a senior civil servant. Only...

by admin February 27, 2024
Post Office scandal: Bill to compensate victims will be more than £1bn - as no financial talks with Fujitsu under way
Business

Food and fashion push retail inflation towards ‘two-year low’

The annual rate of shop price inflation has eased to its lowest level for almost two years, according to an industry reading that credits...

by admin February 27, 2024
Food and fashion push retail inflation towards 'two-year low'
Business

‘Real danger’ UK will miss out on economic growth without green plan – CBI economists warn

The UK will “miss out” on economic growth unless it finally comes up with an industrial strategy to green the economy, the leading business...

by admin February 27, 2024
'Real danger' UK will miss out on economic growth without green plan - CBI economists warn
Business

Record number of in-store transactions made using contactless

A record 93.4% of in-store card transactions up to £100 were made using contactless in 2023, according to data from Barclays. The figures are...

by admin February 27, 2024
Record number of in-store transactions made using contactless
Business

Post Office scandal victims secure improved interim compensation

The government has announced it will significantly increase the interim payment given to Post Office workers who have their convictions overturned, from £163,000 to...

by admin February 26, 2024
Post Office scandal victims secure improved interim compensation
Business

Voters braced for deluge of Facebook and Instagram messages as political ad spend increases

Spending on Facebook and Instagram advertising by the two main political parties is more than 10 times higher this year compared to the start...

by admin February 26, 2024
Voters braced for deluge of Facebook and Instagram messages as political ad spend increases
Business

Investigation launched into eight homebuilders after ‘persistent under delivery’ of new houses

The UK has seen a “persistent under delivery” of new homes, according to the competition watchdog, which has launched an investigation into eight major...

by admin February 26, 2024
Investigation launched into eight homebuilders after 'persistent under delivery' of new houses
Business

North and Midlands to share £4.7bn local transport fund after HS2 rail leg scrapped

The prime minister has revealed how some of the money from abandoning the HS2 northern leg will be reallocated. Northern England will get £2.5bn...

by admin February 26, 2024
North and Midlands to share £4.7bn local transport fund after HS2 rail leg scrapped
Business

Former Prince Andrew aide eyes role in takeover bid for Currys

A former private secretary to Prince Andrew is playing a key role in the deliberations of a Chinese online retail giant over a possible...

by admin February 25, 2024
Former Prince Andrew aide eyes role in takeover bid for Currys
Business

Next weighs move for stricken cosmetics chain The Body Shop

Next has approached administrators to The Body Shop about a potential deal to purchase parts of the stricken cosmetics chain. Sky News has learnt...

by admin February 24, 2024
Next weighs move for stricken cosmetics chain The Body Shop
Business

Worst airlines for customer satisfaction revealed

The worst airlines for customer satisfaction have been revealed The UK’s flag carrier airline, British Airways, ranked among the worst airlines in the survey....

by admin February 24, 2024
Worst airlines for customer satisfaction revealed
Business

Energy price cap to fall but bills to include ‘temporary’ charge to help tackle record debt

The energy price cap is to fall by £20 a month, the industry regulator has announced, but households are to face an additional “temporary”...

by admin February 23, 2024
Energy price cap to fall but bills to include 'temporary' charge to help tackle record debt
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