Business Archives - Page 136 of 160

National Insurance rise will be reversed from today - as millions of workers to keep an extra £330 of their money a year on average

National Insurance rise will be reversed from today – as millions of workers to keep an extra £330 of their money a year on average

Workers are set to see more money in their pay packets as a rise in National Insurance is being reversed today. National Insurance contributions rose by...

Shapps to hold crunch talks with British Steel owner amid spectre of mass job cuts

Business2 years ago

Shapps to hold crunch talks with British Steel owner amid spectre of mass job cuts

Grant Shapps, the new business secretary, will hold crunch talks next week with the owners of Britain’s second-biggest steel producer, amid dwindling hopes that a government...

Hundreds of workers to strike at Heathrow Airport in run-up to World Cup

Business2 years ago

Hundreds of workers to strike at Heathrow Airport in run-up to World Cup

Hundreds of workers at Heathrow will walk out in the run-up to the World Cup finals this month over demands for better pay. Unite said 700...

Energy bills: Power blackout prevention scheme which could earn households £100 approved

Business2 years ago

Energy bills: Power blackout prevention scheme which could earn households £100 approved

The energy regulator has approved a scheme that will see households and businesses taking part receive financial rewards for saving power at times of peak demand....

Flutter investors brace for judge's verdict on FanDuel stake sale

Business2 years ago

Flutter investors brace for judge’s verdict on FanDuel stake sale

Investors in Flutter Entertainment, the FTSE 100 gambling group, are poised to discover the outcome of a year-long legal dispute with Rupert Murdoch’s Fox Corporation over...

Government backs Sizewell C after reports nuclear power plant could be scrapped

Business2 years ago

Government backs Sizewell C after reports nuclear power plant could be scrapped

The government says it still supports the Sizewell C nuclear power plant and is hoping to get a deal over the line to fully fund the...

Recession warnings, electric vehicle charging and Duolingo

Business2 years ago

Recession warnings, electric vehicle charging and Duolingo

Ian King reflects on yesterday’s decision from the Bank of England to raise interest rates with Wei Li, the global chief investment strategist at BlackRock. Erik...

Interest rate rises to 3% as Bank of England imposes biggest hike for three decades

Business2 years ago

Interest rate rises to 3% as Bank of England imposes biggest hike for three decades

The Bank of England has raised the base rate of interest by 0.75 percentage points to 3% – the single biggest increase in more than three...

Newspaper veteran Montgomery takes stake in social-first news start-up TNM

Business2 years ago

Newspaper veteran Montgomery takes stake in social-first news start-up TNM

The regional newspaper group founded by David Montgomery, the former Daily Mirror boss, has struck a deal to invest in an industry start-up founded by another...

Economy is almost certainly in recession and the picture ahead is murky

Business2 years ago

Economy is almost certainly in recession and the picture ahead is murky

Let’s start with what we do know. The economy is now almost certainly in recession. It will not be pleasant. This is a recession which will...

Bank of England chief says it never feels good to raise rates - but it is their job

Business2 years ago

Bank of England chief says it never feels good to raise rates – but it is their job

The head of the Bank of England – responsible for the rise in interest rates – has said it never feels good for central bankers to...

'Unfortunately, there is no choice': Elon Musk defends culling Twitter staff

Business2 years ago

‘Unfortunately, there is no choice’: Elon Musk defends culling Twitter staff

Elon Musk has defended sacking half of Twitter’s 8,000 workers, saying “unfortunately, there is no choice”. Mr Musk insisted that the platform’s commitment to moderation remained...

Elon Musk closes all Twitter offices as layoffs begin

Business2 years ago

Elon Musk closes all Twitter offices as layoffs begin

Twitter employees are finding out whether they are being laid off today – one week after Elon Musk’s takeover. The social network’s offices are temporarily closed...

Business2 years ago

Hundreds of workers to strike at Heathrow Airport in run-up to World Cup

Hundreds of workers at Heathrow will walk out in the run-up to the World Cup finals this month over demands for better pay. Unite said 700...

Business2 years ago

Elon Musk to start Twitter layoffs within hours – and offices are closed

Twitter employees are finding out whether they are being laid off today – one week after Elon Musk’s takeover. The social network’s offices are temporarily closed...

Business2 years ago

Energy bills: Power blackout prevention scheme which could earn households £100 approved

The energy regulator has approved a scheme that will see households and businesses taking part receive financial rewards for saving power at times of peak demand....

Business2 years ago

Interest rate rises to 3% as Bank of England imposes biggest hike for three decades

The Bank of England has unveiled the biggest interest hike for 30 years as it seeks to tame double-digit inflation. The rate rose by 0.75 percentage...

Cost of living: Sainsbury's shields shoppers from some rising costs as profits dip

Business2 years ago

Cost of living: Sainsbury’s shields shoppers from some rising costs as profits dip

Sainsbury’s has claimed to be passing on rising costs to shoppers at a slower rate than its competitors, saying its decision is partly responsible for a...

BT warns of job cuts as it dials in £500m of additional cost savings

Business2 years ago

BT warns of job cuts as it dials in £500m of additional cost savings

BT has warned that jobs are likely to be lost after raising its cost savings target from £2.5bn to £3bn by the end of 2025. The...

US interest rates see fourth 0.75 percentage point rise to tackle inflation

Business2 years ago

US interest rates see fourth 0.75 percentage point rise to tackle inflation

The US central bank has imposed its fourth major interest rate rise in a row. The Federal Reserve, the central bank known as the Fed, has...

News IO

National Insurance rise will be reversed from today – as millions of workers to keep an extra £330 of their money a year on average

Shapps to hold crunch talks with British Steel owner amid spectre of mass job cuts

Hundreds of workers to strike at Heathrow Airport in run-up to World Cup

Energy bills: Power blackout prevention scheme which could earn households £100 approved

Flutter investors brace for judge’s verdict on FanDuel stake sale

Government backs Sizewell C after reports nuclear power plant could be scrapped

Recession warnings, electric vehicle charging and Duolingo

Interest rate rises to 3% as Bank of England imposes biggest hike for three decades

Newspaper veteran Montgomery takes stake in social-first news start-up TNM

Economy is almost certainly in recession and the picture ahead is murky

Bank of England chief says it never feels good to raise rates – but it is their job

‘Unfortunately, there is no choice’: Elon Musk defends culling Twitter staff

Elon Musk closes all Twitter offices as layoffs begin

Hundreds of workers to strike at Heathrow Airport in run-up to World Cup

Elon Musk to start Twitter layoffs within hours – and offices are closed

Energy bills: Power blackout prevention scheme which could earn households £100 approved

Interest rate rises to 3% as Bank of England imposes biggest hike for three decades

Cost of living: Sainsbury’s shields shoppers from some rising costs as profits dip

BT warns of job cuts as it dials in £500m of additional cost savings

US interest rates see fourth 0.75 percentage point rise to tackle inflation

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