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Business

UK’s largest mobile firms sued for £3bn – amid claims they overcharged loyal customers

Vodafone, EE, Three and O2 are facing a “£3bn-plus” class action claim that alleges they used their market dominance to overcharge on up to...

by admin December 8, 2023
UK's largest mobile firms sued for £3bn - amid claims they overcharged loyal customers
Business

‘Unreliability is creeping up’: What it’s like travelling on some of the worst rail routes for delays and cancellations

“The last thing I do before going to sleep at night is check the trains to see whether they’re running on time and then...

by admin December 7, 2023
'Unreliability is creeping up': What it's like travelling on some of the worst rail routes for delays and cancellations
Business

Cash use grows for first time in 10 years as people pay closer attention to household budgets

Cash usage has grown for the first time in a decade as households look to balance their budgets amid the cost-of-living squeeze. Across the...

by admin December 7, 2023
Cash use grows for first time in 10 years as people pay closer attention to household budgets
Business

UK citizens ‘will have fewer rights than migrants’ under new family visa rules, researchers say

New family visa rules could leave British citizens with a foreign partner facing greater restrictions on who they can live with than migrant workers,...

by admin December 7, 2023
UK citizens 'will have fewer rights than migrants' under new family visa rules, researchers say
Business

Five million more households yet to feel full rate hike burden, Bank of England warns

The Bank of England has said that UK households and businesses have been “resilient” in the face of rising interest rates – but repeated...

by admin December 6, 2023
Five million more households yet to feel full rate hike burden, Bank of England warns
Business

EU U-turns on Brexit electric vehicle tariff deadline

The European Union has bowed to demands from carmakers across Europe and the British government for a delay to the introduction of 10% export...

by admin December 6, 2023
EU U-turns on Brexit electric vehicle tariff deadline
Business

Coventry Building Society tables bid to remutualise Co-operative Bank

One of Britain’s biggest building societies has tabled a surprise takeover bid for the Co-operative Bank – a deal that would effectively remutualise one...

by admin December 6, 2023
Coventry Building Society tables bid to remutualise Co-operative Bank
Business

TUI shareholders may get vote on end to London listing

Europe’s biggest travel operator has revealed that it may seek to pull out of the London Stock Exchange amid continuing questions over the City’s...

by admin December 6, 2023
TUI shareholders may get vote on end to London listing
Business

Airlines rapped over adverts that contained ‘misleading’ environmental claims

Adverts for three airlines have been banned by a regulator for giving consumers a misleading impression of their environmental credentials. The Advertising Standards Authority...

by admin December 6, 2023
Airlines rapped over adverts that contained 'misleading' environmental claims
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
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