Business Archives - Page 111 of 160

Top entrepreneurs and financiers caught up in collapse of luxury jeweller Vashi

Top entrepreneurs and financiers caught up in collapse of luxury jeweller Vashi

Some of Britain’s leading entrepreneurs and financiers are facing significant financial losses from the implosion of Vashi, the upmarket jeweller. Sky News can reveal that Sinclair...

Average house price continues to rise - but at a slower rate

Business2 years ago

Average house price continues to rise – but at a slower rate

The average house price continued to rise in March – but at a slower rate than the previous month, according to a closely-watched index. The Halifax...

Easter delays likely for Dover coach passengers as post-Brexit checks raise 'real risks' of future border complications

Business2 years ago

Easter delays likely for Dover coach passengers as post-Brexit checks raise ‘real risks’ of future border complications

Coach travellers will be asked to delay Channel crossings over Easter as ferry companies and the Port of Dover attempt to avoid a repeat of the...

Badenoch postpones meeting with business groups over CBI crisis

Business2 years ago

Badenoch postpones meeting with business groups over CBI crisis

Business and Trade Secretary Kemi Badenoch has postponed a meeting with the UK’s five leading business groups amid the unfolding crisis over sexual misconduct allegations at...

Royal Mail pay talks between CWU end without agreement

Business2 years ago

Royal Mail pay talks between CWU end without agreement

Talks aimed at resolving a long-running dispute between Royal Mail and the Communication Workers Union have ended without agreement. The two sides have been negotiating for...

Shine comes off luxury jeweller Vashi as it calls in liquidators

Business2 years ago

Shine comes off luxury jeweller Vashi as it calls in liquidators

Vashi, the upmarket jewellery retailer, has gone bust just months after seeking new funding at a valuation of £250m. Sky News has learnt that insolvency practitioners...

BCC survey shows improved confidence 'yet to translate into improvement of business conditions'

Business2 years ago

BCC survey shows improved confidence ‘yet to translate into improvement of business conditions’

Most UK businesses expect sales to rise over the coming year, despite seeing no growth over the past three months, according to a new survey. The...

Amazon to close Book Depository online store

Business2 years ago

Amazon to close Book Depository online store

Amazon will close its UK-based retailer Book Depository later this month. The online bookshop was founded in Gloucester before being acquired by the tech giant in...

Co-op reports full-year profit after cost-cutting and sale of petrol forecourt business to Asda

Business2 years ago

Co-op reports full-year profit after cost-cutting and sale of petrol forecourt business to Asda

The Co-operative Group has reported a full-year profit, helped by recent cost-cutting and the sale of its petrol forecourt business. The retail-to-funerals business said it made...

Business2 years ago

Amazon to close Book Depository this month

Amazon will close its UK-based retailer Book Depository later this month. The online bookshop was founded in Gloucester before being acquired by the tech giant in...

TikTok fined £12.7m for misusing children's data

Business2 years ago

TikTok fined £12.7m for misusing children’s data

TikTok has been fined £12.7m for breaches of data protection law, including using the personal data of children aged under 13 without parental consent. The UK...

London City Airport scraps 100ml liquid rule after introducing CT scanners

Business2 years ago

London City Airport scraps 100ml liquid rule after introducing CT scanners

Passengers travelling through London City Airport will no longer have to limit their liquids to 100ml in their hand luggage as high-tech CT scanners have been...

Self-driving bus to launch next month over Scotland's Forth Road bridge

Business2 years ago

Self-driving bus to launch next month over Scotland’s Forth Road bridge

Full-size self-driving buses will hit the road next month in what is believed to be a world first. Stagecoach has announced the ground-breaking service over Scotland’s...

M&S chairman: Company law needs to catch up with the digital age

Business2 years ago

M&S chairman: Company law needs to catch up with the digital age

The chairman of Marks and Spencer says company law is “stuck in a 40-year-old time warp” and needs to catch up with the digital age. Archie...

Shopping centre owner Hammerson under siege from biggest shareholder

Business2 years ago

Shopping centre owner Hammerson under siege from biggest shareholder

Hammerson, one of Britain’s biggest shopping centre owners, is facing demands from its biggest shareholder to accelerate asset sales and resume dividend payments ahead of its...

Richard Branson's satellite launching firm Virgin Orbit files for bankruptcy protection

Business2 years ago

Richard Branson’s satellite launching firm Virgin Orbit files for bankruptcy protection

Virgin Orbit has filed for Chapter 11 bankruptcy protection in the US after failing to secure the funding needed to recover from a January rocket failure....

Oil prices rise after major producers vow to cut production

Business2 years ago

Oil prices rise after major producers vow to cut production

Oil prices are up more than 5% after Saudi Arabia and other major producers vowed to cut production. Brent crude, the international oil benchmark, was up...

Cineworld ends plan to sell its UK, US and Ireland businesses

Business2 years ago

Cineworld ends plan to sell its UK, US and Ireland businesses

Troubled cinema chain Cineworld is terminating plans for the sale of its UK, US and Ireland businesses. The news was announced by the world’s second-largest cinema...