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Business

Greedflation: Are businesses profiteering from cost of living crisis?

As food inflation rises to 19.2%, its highest rate in 42 years, the European Central Bank has suggested it could be down to, in...

by admin June 2, 2023
Greedflation: Are businesses profiteering from cost of living crisis?
Business

British Gas owner Centrica faces pay revolt from top City firm

The owner of British Gas is facing criticism from a leading City investor over the multimillion pound pay package handed to its chief executive...

by admin June 1, 2023
British Gas owner Centrica faces pay revolt from top City firm
Business

Ai-Da the world’s first humanoid robot creates beautiful but essentially flawed art – how can we trust AI behaviour?

Ai-Da is an accomplished artist who has shown her designs at the Venice Biennale and addressed the House of Lords about the future of...

by admin June 1, 2023
Ai-Da the world's first humanoid robot creates beautiful but essentially flawed art - how can we trust AI behaviour?
Business

‘Storm clouds gathering’ for property market amid biggest annual fall in house prices for nearly 14 years

House prices fell by 3.4% year-on-year in May – the biggest annual fall in nearly 14 years, according to one of the UK’s biggest mortgage...

by admin June 1, 2023
'Storm clouds gathering' for property market amid biggest annual fall in house prices for nearly 14 years
Business

Profits slump at Dr Martens despite £1bn revenue milestone

Dr Martens has reported a slump in profits despite hitting a £1bn revenue milestone for the first time – after admitting it made mistakes...

by admin June 1, 2023
Profits slump at Dr Martens despite £1bn revenue milestone
Business

Amazon to pay millions to settle Alexa and Ring doorbell privacy claims

Amazon and a subsidiary have agreed to pay millions to settle two separate privacy cases against its Alexa and Ring doorbell devices. Both cases...

by admin May 31, 2023
Amazon to pay millions to settle Alexa and Ring doorbell privacy claims
Business

Members of scandal hit-CBI begin confidence vote on lobby group’s future

CBI members are to begin voting today on the future of the business lobby group, following a series of scandals. The organisation was plunged...

by admin May 31, 2023
Members of scandal hit-CBI begin confidence vote on lobby group's future
Business

Longer lorries allowed on Britain’s roads despite fears over risks to pedestrians and cyclists

Longer lorries are now allowed on Britain’s roads to enable more goods to be carried on fewer journeys. This is despite fears about the risks for...

by admin May 30, 2023
Longer lorries allowed on Britain's roads despite fears over risks to pedestrians and cyclists
Business

Rail strikes to cause more disruption with walkouts affecting FA Cup final and Epsom Derby

Rail passengers are set to suffer fresh travel disruption over the next few days due to more strikes in long-running disputes over pay, jobs...

by admin May 30, 2023
Rail strikes to cause more disruption with walkouts affecting FA Cup final and Epsom Derby
Business

Under-pressure government looks at food price cap to bring down rising costs

Having made tackling inflation a key policy aim, ministers are under pressure to get a grip on food prices, which are still rising at...

by admin May 30, 2023
Under-pressure government looks at food price cap to bring down rising costs
Business

Disgraced Theranos founder Elizabeth Holmes begins prison sentence in Texas

Disgraced Theranos founder Elizabeth Holmes has begun her prison sentence in Texas. Holmes, 39, is due to spend the next 11 years behind bars...

by admin May 30, 2023
Disgraced Theranos founder Elizabeth Holmes begins prison sentence in Texas
Business

Artificial intelligence is similar extinction risk as nuclear war and pandemics, say experts

Artificial intelligence poses a similar risk of human extinction as pandemics and nuclear war, experts have warned. The boss of the firm behind ChatGPT,...

by admin May 30, 2023
Artificial intelligence is similar extinction risk as nuclear war and pandemics, say experts
Business

Disgraced Theranos founder Elizabeth Holmes begins prison sentence in Texas

Disgraced Theranos founder Elizabeth Holmes has begun her prison sentence in Texas. Holmes is due to spend the next 11 years behind bars for...

by admin May 30, 2023
Disgraced Theranos founder Elizabeth Holmes begins prison sentence in Texas
Business

Asda chairman says supermarkets owed ‘debt of gratitude’ and price capping talk is ‘rather backward looking’

Asda’s chairman has said supermarkets are owed a “debt of gratitude” as he dismissed talk of capping prices as “rather backward looking”. Stuart Rose’s...

by admin May 30, 2023
Asda chairman says supermarkets owed 'debt of gratitude' and price capping talk is 'rather backward looking'
Business

CBI board takes advice on insolvency ahead of crunch member vote

The board of the CBI has drafted in lawyers to prepare for a prospective insolvency filing ahead of a crunch vote by thousands of its members...

by admin May 30, 2023
CBI board takes advice on insolvency ahead of crunch member vote
Business

Asda owners to buy EG Group’s UK and Ireland petrol stations for £2.27bn

Asda Group has said it will acquire petrol station operator EG Group’s UK and Ireland business, creating a company with combined revenues of nearly...

by admin May 30, 2023
Asda owners to buy EG Group's UK and Ireland petrol stations for £2.27bn
Business

Cost of living: Food inflation slows in May – but still rises 15.4% year-on-year

Food inflation in the UK has slowed from April’s record-breaking rise – but is still up more than 15% on the year, new retail...

by admin May 30, 2023
Cost of living: Food inflation slows in May - but still rises 15.4% year-on-year
Business

Only a third of hospitality firms optimistic about their future – as average energy prices rise by 81%

Only a third of UK hospitality businesses are optimistic about their future due to high energy prices and rising food costs, industry bosses have...

by admin May 30, 2023
Only a third of hospitality firms optimistic about their future - as average energy prices rise by 81%
Business

HSBC opts for Innovation in rebranding of Silicon Valley Bank UK

HSBC will next month unveil a new name for the technology-focused bank it rescued earlier this year after its US parent collapsed. Sky News...

by admin May 29, 2023
HSBC opts for Innovation in rebranding of Silicon Valley Bank UK
Business

Ratcliffe remains lead bidder despite inconclusive Manchester United board meeting

The Ineos billionaire Sir Jim Ratcliffe remains the leading candidate to buy Manchester United Football Club despite an inconclusive board meeting held late last...

by admin May 28, 2023
Ratcliffe remains lead bidder despite inconclusive Manchester United board meeting
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