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Business

Nationwide agrees terms for £2.9bn takeover of Virgin Money

Nationwide Building Society has agreed terms for a takeover of Virgin Money in a £2.9bn deal that would create a larger rival to the...

by admin March 7, 2024
Nationwide agrees terms for £2.9bn takeover of Virgin Money
Business

Budget 2024: The key announcements of Chancellor Jeremy Hunt’s speech

The chancellor has unveiled the budget for 2024. Here are the key points: • National insurance contributions for employees are being cut from 10%...

by admin March 6, 2024
Budget 2024: The key announcements of Chancellor Jeremy Hunt's speech
Business

Budget 2024: See whether you win or lose from tax and national insurance tweaks

National insurance has been cut by a further 2p, so workers will pay 8% of their earnings between £12,570 and £50,270, instead of the...

by admin March 6, 2024
Budget 2024: See whether you win or lose from tax and national insurance tweaks
Business

JP Morgan sent to Coventry as Co-operative Bank deal nears

The Coventry Building Society has enlisted the Wall Street behemoth JP Morgan to strengthen its proposed takeover of the Co-operative Bank. Sky News has...

by admin March 6, 2024
JP Morgan sent to Coventry as Co-operative Bank deal nears
Business

Farage fires new salvo at Hunt over plan for NatWest share sale

Nigel Farage, the former UKIP leader, has fired a fresh salvo at the chancellor’s plans to offload a chunk of the government’s stake in...

by admin March 6, 2024
Farage fires new salvo at Hunt over plan for NatWest share sale
Business

Bad news for young drivers with automatic-only licences, experts warn

Young drivers with automatic-only licences face paying £760 more for car insurance than those who can also drive a manual vehicle, according to new...

by admin March 6, 2024
Bad news for young drivers with automatic-only licences, experts warn
Business

Jeremy Hunt promises ‘permanent cuts in taxation’ ahead of pre-election budget

Jeremy Hunt has promised to help families with “permanent cuts” in tax ahead of today’s budget. The chancellor, who is expected to announce a...

by admin March 5, 2024
Jeremy Hunt promises 'permanent cuts in taxation' ahead of pre-election budget
Business

Budget 2024: Real pay for young graduates down by over £1,000 in three years

Graduates in their 20s are earning less in real terms than they were before the 2008 financial crash, and are £1,200 worse off than...

by admin March 5, 2024
Budget 2024: Real pay for young graduates down by over £1,000 in three years
Business

Are Facebook and Instagram still down? Meta boss apologises for ‘technical issue’ which hit thousands of users

Instagram, Facebook, Messenger and Threads suffered widespread problems on Tuesday afternoon, with users locked out of their accounts and pages failing to load properly. ...

by admin March 5, 2024
Are Facebook and Instagram still down? Meta boss apologises for 'technical issue' which hit thousands of users
Business

Rishi Sunak declines to back under fire Post Office boss Nick Read

Rishi Sunak has declined to say whether he has confidence in the chief executive of the crisis-hit Post Office, Nick Read, following confirmation of...

by admin February 28, 2024
Rishi Sunak declines to back under fire Post Office boss Nick Read
Business

Labour will inherit ‘worst economic situation since Second World War’, shadow chancellor warns

Labour will inherit the worst economic situation of any incoming government since the Second World War, Rachel Reeves warned today, accusing the Conservative Party...

by admin February 28, 2024
Labour will inherit 'worst economic situation since Second World War', shadow chancellor warns
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
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Recent Articles
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  • Inside India newsletter: How the war in the Middle East is set to determine India's trade route to EuropeInside India newsletter: How the war in the Middle East is set to determine India’s trade route to Europe
  • Plans for record emergency oil release signal Middle East war could drag on for monthsPlans for record emergency oil release signal Middle East war could drag on for months
  • Italy beats Mexico to advance at WBC, along with Team USAItaly beats Mexico to advance at WBC, along with Team USA
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  • D-backs' Carroll makes spring debut, says hand 'felt fine'D-backs’ Carroll makes spring debut, says hand ‘felt fine’
  • White Sox's Kyle Teel likely to miss 4-6 weeks after WBC injuryWhite Sox’s Kyle Teel likely to miss 4-6 weeks after WBC injury
  • Brent crude hits 0 a barrel as reserve release plans fail to ease Iran war-led supply worries  Brent crude hits $100 a barrel as reserve release plans fail to ease Iran war-led supply worries
World News
  • Iran's new supreme leader Mojtaba Khamenei injured in strikes which killed his fatherIran’s new supreme leader Mojtaba Khamenei injured in strikes which killed his father
  • How the Iran conflict is becoming a global crisis  How the Iran conflict is becoming a global crisis 
  • Dark ships and shadow fleets – what is crossing 'closed' Strait of Hormuz?Dark ships and shadow fleets – what is crossing ‘closed’ Strait of Hormuz?
  • Could Putin be the big winner of the Iran war? Could Putin be the big winner of the Iran war?
  • 'The fighting feels like we're going to finish it - once and for all'‘The fighting feels like we’re going to finish it – once and for all’
  • Turkey's Erdogan has tough, no-nonsense reputation - and his message on Iran war is clearTurkey’s Erdogan has tough, no-nonsense reputation – and his message on Iran war is clear
  • Iran's women footballers granted visas and in 'safe location', says Australian PM AlbaneseIran’s women footballers granted visas and in ‘safe location’, says Australian PM Albanese
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