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Business

Business

Ten Entertainment bowled over by £300m US takeover bid

One of Britain’s biggest tenpin bowling venue operators will this week disclose that it has become the latest London-listed companies to recommend a private...

by admin December 5, 2023
Ten Entertainment bowled over by £300m US takeover bid
Business

Thames Water pays £37.5m dividend amid debt pile and pollution fines, sparking Ofwat query

Thames Water has been asked to explain a £37.5m dividend payment made to a parent company. Ofwat, the water regulator, asked the firm to...

by admin December 5, 2023
Thames Water pays £37.5m dividend amid debt pile and pollution fines, sparking Ofwat query
Business

Cost of Christmas dinner set to rise in ‘record-breaking’ festive grocery spree

The cost of a traditional Christmas dinner will rise on last year, according to a closely-watched report that is also forecasting record sales for...

by admin December 5, 2023
Cost of Christmas dinner set to rise in 'record-breaking' festive grocery spree
Business

Thames Water reveals leap in pollution incidents

Thames Water has revealed an 18% rise in pollution incidents during the first half of its financial year. The country’s largest household supplier reported...

by admin December 5, 2023
Thames Water reveals leap in pollution incidents
Business

Traders were told of Hamas attack on Israel in advance and ‘profited from tragic events’, researchers claim

Israeli authorities are investigating claims some investors may have known in advance about the Hamas plan to attack Israel on 7 October and used...

by admin December 4, 2023
Traders were told of Hamas attack on Israel in advance and 'profited from tragic events', researchers claim
Business

Blueprint for ending UK’s economic stagnation has a glaring omission

If you want a sensible document with some interesting and well-reasoned ideas for what we ought to do about the UK economy (and some...

by admin December 4, 2023
Blueprint for ending UK's economic stagnation has a glaring omission
Business

Tougher visa rules for foreign workers – including ban on bringing families and raising minimum salary requirement

A new five-point plan to reduce immigration has been announced by the government, which includes banning care workers from bringing over their families and...

by admin December 4, 2023
Tougher visa rules for foreign workers - including ban on bringing families and raising minimum salary requirement
Business

Government expected to announce new measures to cut legal migration – including high minimum salary for skilled workers

The government will announce a package of measures today aimed at reducing record levels of legal migration. Home Secretary James Cleverly is expected to...

by admin December 4, 2023
Government expected to announce new measures to cut legal migration - including high minimum salary for skilled workers
Business

Manchester United and Ratcliffe to confirm stake sale next week

Manchester United Football Club and Sir Jim Ratcliffe, the petrochemicals billionaire, aim to announce within days a £1.25bn deal that will see him take...

by admin December 4, 2023
Manchester United and Ratcliffe to confirm stake sale next week
Business

Ofcom chief to stay out of Telegraph probe after Lloyds loan repayment

The chief executive of Ofcom will remain recused from a probe into the takeover of The Daily Telegraph even after Lloyds Banking Group –...

by admin December 4, 2023
Ofcom chief to stay out of Telegraph probe after Lloyds loan repayment
Business

Spotify to cut nearly 20% of its workforce despite turning £55m profit in latest report

Popular music-streaming app Spotify will cut almost a fifth of its workforce despite turning a profit of €65m (£55.7m), according to its latest figures....

by admin December 4, 2023
Spotify to cut nearly 20% of its workforce despite turning £55m profit in latest report
Business

CBI faces autumn deadline to refinance rescue funding

The CBI faces a deadline next September to refinance millions of pounds of funding put in place to avert its collapse during the autumn....

by admin December 3, 2023
CBI faces autumn deadline to refinance rescue funding
Business

Abu Dhabi state-backed fund moves to take control of Daily Telegraph

An Abu Dhabi state-backed vehicle has moved closer to taking full control of The Daily Telegraph just hours after the launch of a regulatory...

by admin December 2, 2023
Abu Dhabi state-backed fund moves to take control of Daily Telegraph
Business

Struggling CBI to impose 5% fee increase on members

The CBI is urging members to swallow a further rise in fees even as the lobby group battles to regain its former standing among...

by admin December 1, 2023
CBI faces autumn deadline to refinance rescue funding
Business

Frazer to prohibit removal of key Telegraph staff during probe

The government is to prohibit the removal or transfer of key Daily Telegraph journalists during a public interest probe into the newspaper’s prospective takeover...

by admin December 1, 2023
Frazer to prohibit removal of key Telegraph staff during probe
Business

Lloyds shareholders could reap £500m bonanza from Telegraph deal

Shareholders in Lloyds Banking Group could reap a windfall worth more than £500m early next year following a deal that will see it repaid...

by admin December 1, 2023
Lloyds shareholders could reap £500m bonanza from Telegraph deal
Business

House prices show further growth after pause in interest rate hikes, Nationwide says

House prices recorded a second month of growth in November, according to a closely-watched report. The Nationwide House Price Index showed average values were...

by admin December 1, 2023
House prices show further growth after pause in interest rate hikes, Nationwide says
Business

DCMS issues public interest intervention notice over Telegraph and Spectator purchase

The culture secretary has launched an investigation into the takeover of The Daily Telegraph by a state-backed Abu Dhabi-based fund. An inquiry by communications...

by admin December 1, 2023
DCMS issues public interest intervention notice over Telegraph and Spectator purchase
Business

Cristiano Ronaldo faces $1bn lawsuit after launching NFT collection

Cristiano Ronaldo has been hit with a $1bn (£791m) class action lawsuit for his involvement in promoting non-fungible tokens. The Portuguese footballing legend had...

by admin December 1, 2023
Cristiano Ronaldo faces bn lawsuit after launching NFT collection
Business

Financial crash could have been far worse for UK were it not for Alistair Darling

Even before Northern Rock collapsed and the financial crisis exploded, Alistair Darling was already wrangling with an unenviable inheritance as chancellor of the exchequer....

by admin November 30, 2023
Financial crash could have been far worse for UK were it not for Alistair Darling
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