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Business

Business

Biggest London flotation for a decade delivers huge dent to City ambition

The crash in shares of Deliveroo this morning is an event with massive implications for both investors and for future investment. This was the...

by admin March 31, 2021
Business

Rising number of celebrities selling video messages during pandemic – with some bizarre requests

Ever wanted some words of support from your football hero? How about help with a marriage proposal from a famous musician? The coronavirus pandemic...

by admin March 31, 2021
Business

Deliveroo shares nosedive on London stock market debut

Shares in Deliveroo have slumped by as much as 30% as the takeaway delivery company made its highly-anticipated stock market debut. The flop wiped...

by admin March 31, 2021
Business

Labour frontbencher apologises to Sir Keir Starmer after describing business as ‘the enemy’

Sir Keir Starmer has revealed one of his top team has apologised after describing business as “the enemy”. Shadow tourism minister, Alex Sobel, was...

by admin March 30, 2021
Business

Over-65s lead return to supermarket aisles as online surge pauses

Over-65s are leading the way back to the supermarket aisles as the largely-vaccinated generation grows more confident about shopping in physical stores again, new...

by admin March 30, 2021
Business

Liberty Steel plans to restart production next week despite funding crunch

Liberty Steel UK says it is to restart production next week as its parent firm continues to seek new funding to fill the hole...

by admin March 29, 2021
Business

Deliveroo trims nearly £1bn from top end of valuation amid ‘volatile’ market conditions

Deliveroo has blamed “volatile” market conditions as it knocked nearly £1bn off the top end of its expected stock market valuation. The takeaway delivery...

by admin March 29, 2021
Business

CBD market ‘not yet compliant’ with the law – and tough new rules will soon come into force

Tough new rules aimed at regulating the CBD food supplement market in the UK will come into force nationwide this week. Applications for “novel...

by admin March 28, 2021
Business

Spain to trial four-day working week in bid to prevent new COVID outbreaks

Spain is planning to use €50m (£43m) in EU funds to cut its working week to four days in a bid to prevent further...

by admin March 27, 2021
Business

Used-car ‘unicorns’ Cinch and Cazoo in £10bn race to reshape industry

Britain’s two fastest-growing online used-car marketplaces are racing to raise staggering sums of capital as they seek to reshape an industry boasting €400bn (£343bn)...

by admin March 27, 2021
Business

Gupta’s steel empire asks ministers for £170m bailout to avert collapse

Britain’s third-biggest steel producer has asked ministers to approve an emergency bailout of as much as £170m as it teeters on the brink of...

by admin March 26, 2021
Business

Asda workers win latest round of long-running equal pay fight

More than 44,000 Asda workers have won the latest leg of their equal pay claim with bosses through a Supreme Court ruling, paving the...

by admin March 26, 2021
Business

Online sales take record share as retail bags better February

The proportion of online retail sales hit a record 36.1% in February as business bounced back despite stores deemed ‘non-essential’ remaining shut under coronavirus...

by admin March 26, 2021
Business

‘Catastrophic blow’ as COVID-19 business rate discounts denied

Thousands of firms are to be refused business rates discounts claimed due to the pandemic in what has been described as a “catastrophic blow”....

by admin March 25, 2021
Business

Cineworld raises more cash as pandemic drives annual losses of $3bn

Cineworld has reported worse than expected annual losses of just over $3bn (£2.2bn) and revealed a new funding round to help it navigate future...

by admin March 25, 2021
Business

Is your local John Lewis closing? Eight more stores scrapped with almost 1,500 jobs at risk

The John Lewis Partnership has revealed plans to close a further eight stores, leaving 1,465 jobs under threat. The company, which includes the Waitrose...

by admin March 24, 2021
Business

Sharpest fall in fashion costs since 2009 drives inflation down to 0.4%

The rate of inflation has taken an unexpected plunge on the back of a coronavirus crisis-driven fall in fashion costs – the deepest since...

by admin March 24, 2021
Business

Clampdown on tax loophole for thousands of second homes registered as holiday lets

Second home owners face a clampdown over a tax loophole that can save them money by claiming the properties are available for holiday lets....

by admin March 23, 2021
Business

Payrolled employment rises for third month after a year of lockdown misery for jobs

The number of people in payrolled employment has risen for a third consecutive month despite further lockdown misery for the economy, according to official...

by admin March 23, 2021
Business

Travel shares slide on fears of another lost summer for foreign holidays

Travel shares have dropped sharply on growing fears of another lost summer for foreign holidays. British Airways owner International Airlines Group (IAG) was the...

by admin March 22, 2021
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Recent Articles
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World News
  • India train crash: At least 288 people dead and hundreds injured in collision in OdishaIndia train crash: At least 288 people dead and hundreds injured in collision in Odisha
  • Vladimir Putin's attacks on Kyiv show his emotions are overriding military strategyVladimir Putin’s attacks on Kyiv show his emotions are overriding military strategy
  • Rome fire leaves one dead and dozens homeless after blaze rips through buildingRome fire leaves one dead and dozens homeless after blaze rips through building
  • The new generation of night trains snaking their way across EuropeThe new generation of night trains snaking their way across Europe
  • India train crash: At least 50 people feared dead and hundreds injuredIndia train crash: At least 50 people feared dead and hundreds injured
  • Jerusalem terror attack victim dies after 22 years in comaJerusalem terror attack victim dies after 22 years in coma
  • Dozens of bags found containing human remains in MexicoDozens of bags found containing human remains in Mexico
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