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Business

Nissan to deliver boost for Sunderland after government EV talks

Nissan is to commit to manufacturing future electric versions of two of its best-selling models at its Sunderland plant after months of talks with...

by admin November 22, 2023
Nissan to deliver boost for Sunderland after government EV talks
Business

National insurance to be cut from 12% to 10% – but tax burden to remain at record high

National insurance is to be cut by two percentage points, the chancellor has announced. In a boost to employee’s pay packets, Jeremy Hunt told...

by admin November 22, 2023
National insurance to be cut from 12% to 10% -  but tax burden to remain at record high
Business

Autumn statement: Chancellor Jeremy Hunt to claim economy is ‘back on track’

Jeremy Hunt will claim the economy is “back on track” in an autumn statement that is expected to prioritise tax cuts and economic growth....

by admin November 22, 2023
Autumn statement: Chancellor Jeremy Hunt to claim economy is 'back on track'
Business

National living wage increasing to £11.44 per hour from April – a £1.02 rise

The national living wage will rise to £11.44 per hour from April. Chancellor Jeremy Hunt has announced he is accepting the recommendation from the...

by admin November 21, 2023
National living wage increasing to £11.44 per hour from April - a £1.02 rise
Business

Autumn statement unlikely to put big dent in tax burden – here’s why

It’s autumn statement time. Once upon a time, these winter budgets used to be brief updates on the fiscal forecasts, never overshadowing the far...

by admin November 21, 2023
Autumn statement unlikely to put big dent in tax burden - here's why
Business

Women’s football revamp thrown into doubt after rebellion

Hopes of establishing a unified commercial structure for the top two tiers of women’s football in England have been dealt a blow after Championship...

by admin November 21, 2023
Women's football revamp thrown into doubt after rebellion
Business

Bank of England governor dismisses prospect of interest rate cuts

Markets are underestimating how persistent inflation will be in the next year and interest rates are likely to remain high as a result, the...

by admin November 21, 2023
Bank of England governor dismisses prospect of interest rate cuts
Business

Shell Energy fined £1.4m by Ofcom for breaching consumer protection rules

The electricity, phone and broadband provider arm of Shell has been fined £1.4m by the communications regulator for breaking customer protection rules. Shell Energy...

by admin November 21, 2023
Shell Energy fined £1.4m by Ofcom for breaching consumer protection rules
Business

Rishi Sunak promises to cut taxes as autumn statement looms

Rishi Sunak has promised he will cut taxes now the government has achieved its pledge to halve inflation by the end of the year....

by admin November 20, 2023
Rishi Sunak promises to cut taxes as autumn statement looms
Business

Majority of OpenAI employees threaten to quit and join Microsoft if board don’t resign

More than 500 employees of revolutionary artificial intelligence (AI) company OpenAI have said they will leave if the ousted CEO Sam Altman is not...

by admin November 20, 2023
Majority of OpenAI employees threaten to quit and join Microsoft if board don't resign
Business

No immediate return to OpenAI for Sam Altman as he lands Microsoft job

A new interim chief executive has been appointed to the company behind major AI chatbot ChatGPT, with the ousted ex-CEO Sam Altman being tapped...

by admin November 20, 2023
No immediate return to OpenAI for Sam Altman as he lands Microsoft job
Business

Chancellor says ‘everything on the table’ in autumn statement as he promises to remove tax ‘barriers’ for business

Chancellor Jeremy Hunt says “everything is on the table” when it comes to tax cuts in this week’s autumn statement. Speaking to Sky News’...

by admin November 19, 2023
Chancellor says 'everything on the table' in autumn statement as he promises to remove tax 'barriers' for business
Business

Hunt to review payment rules in post-Brexit fraud push

Jeremy Hunt will this week pledge to review the rules governing payment authentication in what he will describe as a post-Brexit crackdown on fraud....

by admin November 19, 2023
Hunt to review payment rules in post-Brexit fraud push
Business

Telegraph court showdown to be adjourned after Barclays offer Lloyds £1.16bn

A court hearing to liquidate a Barclay family holding companies in order to smooth a sale of The Daily Telegraph is poised to be...

by admin November 18, 2023
Telegraph court showdown to be adjourned after Barclays offer Lloyds £1.16bn
Business

Alphabet fund spells bumper valuation for UK digital bank Monzo

Alphabet, the $1.7trn (£1.4trn) technology behemoth which owns Google, is in talks to take a stake in Monzo, one of Britain’s biggest digital retail...

by admin November 18, 2023
Alphabet fund spells bumper valuation for UK digital bank Monzo
Business

Autumn statement: Jeremy Hunt signals tax cuts next week as lower inflation means economy has ‘turned a corner’

Jeremy Hunt has said there is the chance to lower taxes in the autumn statement next week, arguing the economy had “turned a corner”....

by admin November 18, 2023
Autumn statement: Jeremy Hunt signals tax cuts next week as lower inflation means economy has 'turned a corner'
Business

Sam Altman: Boss of ChatGPT-maker OpenAI ousted by board

The chief executive of OpenAI – the firm behind viral chatbot ChatGPT – has been ousted after the board said it no longer has...

by admin November 18, 2023
Sam Altman: Boss of ChatGPT-maker OpenAI ousted by board
Business

Who is Sam Altman? The former OpenAI boss and ChatGPT guru who became one of AI’s biggest players

He was a tech whizz before he left primary school, dropped out of one of America’s top universities, and appeared to be spearheading a...

by admin November 18, 2023
Who is Sam Altman? The former OpenAI boss and ChatGPT guru who became one of AI's biggest players
Business

Ratcliffe poised for $33-a-share stake in Manchester United

Sir Jim Ratcliffe and the Glazer family are on the brink of finalising a $33-a-share deal that will see the petrochemicals tycoon acquiring a...

by admin November 17, 2023
Ratcliffe poised for -a-share stake in Manchester United
Business

Retail sales ‘at lockdown level’ as poor weather and cost of living pressures weigh

Retail sales took an unexpected fall last month, according to official figures suggesting a slump to COVID lockdown levels with only online operators seeing...

by admin November 17, 2023
Retail sales 'at lockdown level' as poor weather and cost of living pressures weigh
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